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TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

CUs are facing pressure on the regulatory side as well, with banking advocacy organizations like the American Bankers Association (ABA) pressuring federal regulators to block rule changes that would help CUs compete with large banks. Deep Dive: How CUs Leverage Social Media. percent and total deposits by 6.9 About the Tracker.

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The ICBA 22/23 executive committee is all in

Independent Banker

Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry. We are not Wall Street banks—we are community banks.

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The 2023 GonzoBanker Awards

Gonzobanker

Lake Michigan Credit Union CEO Sandy Jelenski – Since becoming CEO in 2000, Sandy has led the growth of LMCU from $400 million Union to $13 billion, all while building a mortgage business and servicing portfolio that nearly matches the size of the credit union’s balance sheet. The Bank Regulator Working for Merchants Award!

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Finovate Fall 2016 Live Blog – Day 2

William Mills

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Social media is a special challenge since social media was not created with compliance in mind.

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. One word can summarize this action-packed banking year, GonzoBankers – tiring. This year brought us: Mergers out the yin-yang. FinTech threats and distractions.

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FTC Investigates Facebook’s Privacy Practices

PYMNTS

President Donald Trump, the Federal Trade Commission (FTC) has launched an investigation into the social media platform’s privacy practices, the agency said in a statement. As news swirls that Cambridge Analytica may have improperly collected user data from Facebook that was reportedly used to help elect U.S.

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Why Facebook’s Business Model Isn’t Its Biggest Problem

PYMNTS

The firm’s more specific (and biggest) claim, however, is that it did just this sort of advanced voter modeling for the Trump organization during the 2016 election – and that it is was on the strength of those data models that Trump was able to turn swing states, like Michigan and Wisconsin, from blue to red. Cambridge Analytica.

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