article thumbnail

Facebook Class Action Filed Claiming Discrimination by Financial Services Advertisers

CFPB Monitor

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.

article thumbnail

Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). The customer segment is such that they tend to follow each other and are active users of social media.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five tech trends to set banks apart in the post-digital era

Accenture

African-American inventor, scientist and botanist George Washington Carver, summed it up like this: “When you do the common things in an uncommon way, you’ll command the attention of the world.” 2 ETtech, “ The New Lending Game, Post-Demonetisation ” 1/6/2017. 1 CreditEnable.

Trends 172
article thumbnail

The ICBA 22/23 executive committee is all in

Independent Banker

ICBA president and CEO Rebeca Romero Rainey, Washington, D.C. I will also emphasize the importance of financial literacy and our need to engage and connect through all communications channels, but especially on social media. Bolton, President/CEO/senior lender, Community Spirit Bank, Red Bay, Ala. Coldwater, Ohio.

article thumbnail

Stand Up. Step Up. Speak Up

Independent Banker

On what is the most effective form of grassroots advocacy, Stetter says that a face-to-face meeting at the member’s office in Washington, D.C., Many of those meetings will be occurring next month when about 1,000 community bankers attend ICBA’s Washington Policy Summit to visit with their House and Senate representatives in person. “No

article thumbnail

GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. The Real “Lending” Stock Award – Goes to longtime player LendingTree. It had another turd of a year.

article thumbnail

The 2015 GonzoBanker Awards

Gonzobanker

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond).