American Banker

AUGUST 25, 2016

Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank engaged in deceptive marketing of credit card add-on products that some consumers allegedly never received.

Omaha 28

Omaha National Regulation Cards 28

PYMNTS

MARCH 5, 2018

Participants pitch to a panel of Visa representatives — and a few large client representatives — in what Visa’s SVP of Digital and Marketing Transformation Shiv Singh described as a “Shark Tank”-like format. Additionally, the First National Bank of Omaha announced it will stop issuing an NRA-branded Visa card.

Regulation 108

Regulation Data Regional America 108

PYMNTS

JUNE 21, 2019

Credit union-backed cards offer several advantages, despite their comparatively miniscule market footprints. In fact, CU interest rates are capped by federal regulations. Roosevelt in 1934, gave the National Credit Union Administration (NCUA) the authority to set maximum credit union interest rates. First of Omaha Service Corp.

Cards 102

Cards Omaha Minneapolis National 102

Jeff For Banks

AUGUST 12, 2018

As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. There are some signs of slowing in the housing markets; both existing and new home sales in June fell amidst rising mortgage rates and fewer gains in home prices. Consider the trade wars and tariffs.

Marketing 60

Marketing Philadelphia Omaha US 60

CFPB Monitor

SEPTEMBER 9, 2020

Ballard Spahr LLP has submitted a comment letter to the OCC in support of its proposed rule , “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”). Three virtually identical Federal Interest Statutes govern interest that may be charged by Banks: Section 85 of the National Bank Act (“NBA”), 12 U.S.C. §

FDIC 78

FDIC National South Dakota Lending 78

CFPB Monitor

AUGUST 29, 2016

The CFPB announced that it has entered into a consent order with First National Bank of Omaha to settle charges that the bank engaged in unfair or deceptive acts or practices in connection with the marketing and sale of credit card add-on products and the billing of consumers for such products.

Cards 84

Cards Omaha Policies Compliance 84

CB Insights

FEBRUARY 28, 2019

Today, the “Oracle of Omaha’s” net worth is almost $83B — making him the third wealthiest person in the world, after Jeff Bezos and Bill Gates. He preaches the importance of fiscal responsibility, and he still lives in the house he bought in Omaha for $31,000 in 1938. Market volatility. Stock ownership.

Omaha 78

Omaha Company Capital Management 78