CFPB Monitor

NOVEMBER 6, 2019

The named plaintiff is a 54-year-old woman living in Washington D.C. While it is highly debatable whether the Equal Credit Opportunity Act or other fair lending laws apply to social media advertising of this nature, regulators take the position that they do, and they sometimes explore these issues in examinations.

social media 60

social media Lending Washington California 60

ABA Community Banking

NOVEMBER 6, 2019

Washington Federal -- a $16.4 billion regional institution based in Seattle -- had a problem: many in the general public didn't realize exactly what it did. The post Podcast: With Rebrand, WaFd Puts Its Bank Identity Front and Center appeared first on ABA Banking Journal.

Seattle 40

Seattle Washington Regional Branding 40

Independent Banker

NOVEMBER 24, 2014

Eastern Region Award Recipient. headquarters, the bank has continued a rapid pace of growth and performance during the past 16 years to become the largest and most profitable community bank in the Washington Beltway region. When a Washington medical clinic was in financial trouble, Paul and EagleBank stepped in to save it.

Community 70

Community Washington Community Bank Maryland 70

PYMNTS

APRIL 7, 2016

In his annual letter to shareholders, Dimon went on, at some length, to say that the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. “In In 2014, the proposal was removed before it got to the voting stage.

Washington 100

Washington Regulation Leadership Community Bank 100

American Banker

MAY 23, 2016

It's difficult when all banks are operating "with Washington as our co-CEO," but nevertheless it is important "to work together if we're going to remain relevant in this brave, new financial world." Enough with the big bank-small bank divide, says First National Bank of Dennison chairman and chief executive Blair Hillyer.

Lending 31

Lending Washington Customer Experience National 31

Independent Banker

JULY 30, 2015

With a consultative approach, I ensure members’ needs are being met through our eight regional offices,” he says. A daily email newsletter that provides a comprehensive coverage of breaking industry news, including policy matters in Washington. IB: Talk about the role of ICBA’s regional offices for members. Independent Banker.

Resources 70

Resources Tools Community Bank Community 70

PYMNTS

JUNE 30, 2016

On June 16, Samsung Pay arrived in Singapore, allowing users of Galaxy Note 5, S6 Edge+ and the S7/S7 Edge phones can use Samsung Pay in the region. Our research shows that marketplace lending is suffering from sluggish adoption because of either insufficient value to switch or a lack of trust in the financial services provider.”

Mobile 104

Mobile Samsung Apple Missouri 104

American Banker

NOVEMBER 29, 2016

s third-quarter earnings report was stacked with good news: record earnings and lending, fewer troubled loans and higher interest and noninterest income. Yet there was one statistic that is likely to fuel more calls for help from Washington. The Federal Deposit Insurance Corp.'s

FDIC 28

FDIC Report Washington Cards 28

American Banker

APRIL 21, 2016

One Firm Getting What It Wants in Washington: BlackRock." Venture funding for lending startups has dried up during the first quarter of 2016 ($298 million vs. $832 in the last quarter of 2015), and Silicon Valley is now putting its money behind firms that… Wall Street Journal.

Big Data 28

Big Data Washington Fraud Data 28

Jeff For Banks

NOVEMBER 24, 2019

Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. Nationwide lending! Keystone expanded its lending to include high loan-to-value mortgages and home equity loans. I'm not making this up. So McConnell was comfortable in a depressed area.

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking.

Community Bank 122

Community Bank Community FDIC Marketing 122

Independent Banker

APRIL 30, 2022

In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Q: Why has Genesee Regional Bank succeeded?

Community Bank 172

Community Bank Community Montana Taxes 172

CB Insights

APRIL 17, 2018

Education: Stanford Univerity (MBA), University of Washington (BA). Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. Notable Investments: Stitch Fix (IPO), Twitter (IPO), Crashlytics (Acquired), SoFi , Machine Zone , Instagram (Acquired). JOSH KOPELMAN. JEREMY LIEW.

San Francisco 71

San Francisco CA Capital Operations 71

CB Insights

DECEMBER 7, 2017

In 2011, three banks accounted for half of new mortgage loans, according to the Washington Post. Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies.

Millennials 69

Millennials Lending United States Technology 69

PYMNTS

JANUARY 18, 2017

That capital announcement comes despite fears over what Brexit might mean for the FinTech sector across the pond in general, and the peer-to-peer lending sector continues to grow — by some estimates, at about 50 percent annually. That funding will go towards boosting POS business in Europe and Latin America.

Retail 100

Retail Software System United States 100

CB Insights

MAY 23, 2019

In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

MAY 15, 2019

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Its also expanding its regional focus too, with a recent announcement that the labs will invest more into R&D in India.

Innovation 78

Innovation blockchain Technology Groups 78

PYMNTS

APRIL 9, 2016

Dimon went on to discuss, at some length, the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. The CFPB head noted his agency’s mandate and mission to curtail egregious lending in autos and that $300 million has been recovered.

Regulation 100

Regulation Lending Omaha America 100

PYMNTS

MARCH 15, 2018

According to news from The Washington Post , the bill passed 67 to 31 and had the support of both Republicans and Democrats, despite contention within the Democrat party. The bill provides regulatory relief for small, regional banks that have been struggling under the new rules and raises the amount before a lender is deemed too big to fail.

Idaho 133

Idaho Regulation Massachusetts Washington 133

Independent Banker

FEBRUARY 16, 2015

As veteran lawmakers, Shelby and Brown are described by Washington observers and their home-state community bankers as canny but pragmatic legislators who will, where possible, work to develop legislation that can draw strong, bipartisan majority votes in the Senate. Bar “disparate impact” causes of action relating to fair lending.

Community Bank 70

Community Bank Alabama Ohio Community 70