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DOJ announces major new initiative targeting redlining; DOJ/CFPB/OCC settle redlining lawsuit against Mississippi-based national bank

CFPB Monitor

The Biden Administration’s prioritization of fair lending as a law enforcement focus took center stage last week with the announcement that the U.S. Attorneys’ Offices “as force multipliers to ensure that fair lending enforcement is informed by local expertise on housing markets and the credit needs of local communities of color.”.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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Regulation and Compliance: Ready for Review

Independent Banker

increased operational risks. Bland of the OCC agrees that “one of the biggest issues” for bank examiners is evaluating operational risk, especially with eyes toward the current financial environment where loan underwriting terms are changing. Wilson, partner with the accounting and consulting firm Butler Snow LLP of Memphis, Tenn.,

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Excited To Help People

Independent Banker

When Gowen first arrived at Merchants & Planters in 1983 to serve as its president and senior lending officer, the bank had two branches and $47 million in assets. Today, a proud survivor of industry consolidation pressures, the bank has $250 million assets and operates 11 locations in five counties.

St. Louis 105