Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. He said that in his own state of Washington, state regulators have been looking at those issues for some time to determine the possibility of some sort of reciprocity or sharing of information. “It MORE

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. Just as this victory serves as a reward for the hard work of our association and industry, it is also a reminder that effective advocacy in Washington is performed over years. Years in the Making. MORE

More legal woes for Uber : Washington State’s attorney general has sued the ride-sharing company, alleging it had violated the state’s data breach notification law. According to news from Reuters , Washington State’s attorney general, Bob Ferguson, filed a multimillion-dollar lawsuit against Uber, alleging that the names and drivers’ license numbers of at least 10,888 Uber drivers in the state had been stolen without their being notified as state law requires. MORE

900 risk managers, fraud managers, marketers, debt managers, IT strategists, analytic scientists and other business professionals from 45 countries are in Washington, DC to take part in FICO World 2016, a four-day conference on analytics and decision management. MORE

Washington Federal in Seattle said its profit rose 3.4% to $41.7 million in the three months that ended March 31 as loan growth outweighed higher information technology costs. wa community-banking performance bank-technology it-infrastructure breaking_news national-regional MORE

Advocacy & Policy Regulation / Compliance Washington Watch Once More, with Feeling. Second streamlining regulatory review requires firm agency commitment. By Chris Cole. MORE

Washington Federal had to delay a pending acquisition after issues emerged with its anti-money-laundering compliance. Earnings Commercial lending Consumer lending AML WashingtonThe Seattle bank's improved loan yields offset higher expenses tied to Bank Secrecy Act remediation. MORE

Community banking De novo banks Under-served populations Underbanked Capital Washington DC Virginia MarylandMarathon International Bank would target the Ethiopian community with specific advertising and educational programs. MORE

Last week’s ICBA Washington Policy Summit showed once again that community bankers are not only willing to go the extra mile—they’re even grateful for the privilege. Advocacy Community Banks Credit Unions Farm Credit System Regulatory Relief Washington Washington Policy SummitWith nearly 1,000 community bankers and industry advocates in the nation’s capital to advocate positive reform in more than 300 meetings with policymakers, there was a feeling of enthusiasm […]. MORE

Often in this space, we’ve written about how Washington has made community banks its personal punching bag. Continue reading At last, a Washington idea community banks and credit unions can use. bank marketing ideas bank marketing strategies community banks credit unions washington MORE

Brent Beardall, who has been with Washington Federal since 2001, was named president of the $14.8 billion-asset company and its primary banking unit and retains his job as chief banking officer. breaking_news people corporate-governance wa community-banking MORE

Advocacy Convention Washington Policy Summit ICBA’s national convention is always an incredible experience. If you haven’t witnessed nearly 3,000 members of the community banking industry in the same place at the same time, you should make a point to do so at least once in your career. But there was something special about this year’s convention. There was a feeling, […]. MORE

Community banking Succession planning M&A Consolidations WashingtonJeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year. MORE

’s largest banks are looking to Washington, D.C., ” “I just spent time in Washington last week and left very encouraged by the open and productive dialogue that is taking place,” Cecere said. But while many bank CEOs have fixed their eyes on Washington to promote industry growth, not every executive is optimistic. According to recent reports in the Wall Street Journal , some of the U.S.’s MORE

The Washington Post is reporting that National Credit Union Administration (NCUA) Chairman McWatters is leading the agency from his home in Dallas. The Washington Post cited his use of limousine services while traveling to meetings around the country and spending $12,000 for air travel to a conference in Barcelona. Government watchdogs say that it is almost unheard of for the head of an agency to work from home. MORE

Spokane, Washington-based Obloco will beta test its white-label expense reporting solution with area businesses and Washington Trust Bank (WTB). Washington Trust Bank was founded in 1902, and now has more than 40 branches and offices in Washington, Idaho, and Oregon. MORE

Wells Fargo is making big changes in how it deals with lawmakers and regulators in Washington after top executives were savaged during congressional inquiries into the bank's fraudulent-accounts scandal. Lobbying Wells Fargo MORE

Community banking De novo banks Capital Washington DCVisionBank is the second de novo effort that would focus on the nation's capital. MORE

The University of Washington is unveiling a new lab that will allow retailers (such as Costco and Nordstrom), delivery services (such as UPS), urban planners, commercial developers, logistic experts and other stakeholders to collaborate to, ideally, come up with the future of delivering goods in urban areas, according to GeekWire. MORE

Advocacy Advocacy & Policy Commercial/Business Consumer General Industry Insight Lending Membership Regulation & Compliance Regulation / Compliance Viewpoints Washington WatchDisparate Opinions. Supreme Court upholds disparate impact theory of anti-discrimination law. By Lilly Thomas. MORE

IBM has joined the Chamber of Digital Commerce, the Washington, D.C.-based based organization working to help shape the regulatory framework for the blockchain industry. law-regulation blockchain-digital-currencies sailthru-no-lead bank-technology MORE

Join us for an event about retirement planning with the Social Security Administration (SSA) at the Brookings Institution in Washington, D.C. Washington, D.C. The event will take place on Thursday, November 12 at 10:00 a.m. EST. The event will be held at: Brookings Institution. Saul/Zilkha Room. 1775 Massachusetts Ave, N.W. 20001. The event will feature remarks from Director Richard Cordray and Acting Commissioner of Social Security, Carolyn W. MORE

20), Mr. Stumpf will go to Washington, and we’ll get the verdict straight from those congressional horses’ mouths. With the NFL back in season (Pats 2-0 for those keeping count at home), the term “Greatest Show on Turf” is getting thrown around an awful lot these days. And while the NFL and its players are usually the Greatest Show on Turf, this week, the Senate Banking Committee hearing with Wells Fargo’s CEO might have given the league a run for its money but for two reasons. MORE

Washington Governor Jay Inslee on March 22 signed a bill into law granting local governments the ability to invest unlimited public funds deposits in credit unions. The new law will allow municipalities in 34 of Washington's 39 counties to place public funds in excess of the insured deposit limit in credit unions. Currently, municipal governments’ deposits in credit unions are capped at $250,000. MORE

SNL Report: Unexpectedly, small lenders gain market share under QM Retail Banking Compliance Mortgage CFPB. 1Compliance MORE

To enable mobile payments, the Washington Metropolitan Area Transit Authority (WMATA) is working with its fare payment vendor to upgrade its payment capabilities. Mobile Payments mobile app News Payment platforms Transit Payments Washington Metro What's HotWMATA seeks to be “mobile ready” by 2019, the agency said in a statement. MORE

Community banking Consolidations Succession planning Washington DC VirginiaChristopher Bergstrom led Cardinal Financial when it sold itself to United Bankshares in 2017. MORE

An interpretive letter issued by the Washington Division of Credit Unions states that a deposit is the personal property of a credit union. The interpretive letter addresses the transfer or sell of some of a credit union's deposits to another Washington state-chartered credit union. The letter states that according to state law a Washington state-chartered credit union may “dispose of its interests in personal property.” MORE

The inability of Congress and the Obama Administration to decisively reshape housing policy is the single greatest piece of unfinished business in the financial sector with which the Trump administration must deal. The outcome of what promises to be a messy partisan debate could have huge implications for your credit union. Predicting on September 6, […]. Mortgage Lending GSE Reform MORE

M&A Capital Activist investors WashingtonAnchor's sale agreement comes less than a year after it put a representative of the activist investor Stilwell Group on its board. MORE

Community banking De novo banks Capital FDIC Washington DC North CarolinaMoxy Bank would focus on low- and moderate-income depositors in the nation's capital, while operating a lending platform in North Carolina. MORE

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. Just as this victory serves as a reward for the hard work of our association and industry, it is also a reminder that effective advocacy in Washington is performed over years. Years in the Making. MORE

Washington, D.C., According to news from The Washington Post , Amazon officials toured locations in Washington, D.C., Officials told the Post the tours in Northern Virginia happened early last week, while the Washington tours occurred in the middle of the week and Amazon workers toured locations in Montgomery County toward the end of last week. “We’ve Amazon e-commerce employment headquarters Merchant Innovation News Retail washington dc What's Hot MORE

While Washington often moves at a glacial pace, it recently came to life to enact reforms benefiting bank and thrift holding companies. Advocacy & Policy Industry Insight Legislation Viewpoints Washington Watch Holding Firm. MORE

Community banking Succession planning M&A Consolidations WashingtonKevin Lycklama is set to succeed Patrick Sheaffer, who has led the company since 1976. MORE

Community banking AML M&A OCC WashingtonThe Seattle company first disclosed an issue in September, when it withdrew an application to buy Anchor Bancorp. MORE

The fight over the Senate's regulatory reform bill illustrates how entrenched Democrats and Republicans remain over the crisis-era law, eight years after its passage. Regulatory relief Regulatory reform Policymaking Dodd-Frank Mike Crapo MORE

Financial firms have mostly shrugged off the government's budget woes, but Washington's gridlock might pose a bigger risk than they think. Treasury bonds Risk management Policymaking SIFIs Crisis management Debt limit Steven Mnuchin Treasury Department MORE

Financial firms are going on offense in Washington, pressing a policy agenda that would have been unimaginable just a few months ago. Some proposals, like reforming the Consumer Financial Protection Bureau, have been floated before while others began to gain traction after Republicans swept the November elections. Here's a look at some of the industry's requests. MORE

Washington Federal, which is working through Bank Secrecy Act issues, also allowed Anchor to consider offers from other potential buyers. Community banking M&A Consolidations AML Washington MORE

The National Center for Advanced Payments and Identity Security in Crystal City, Virginia, will be a permanent facility for live educational activities hosted by SCA MORE

Why ICBA’s Rebeca Romero Rainey, former CEO, left N.Mex. for “the swamp” People Community Banking. 1Community Banking MORE

It’s a truism that expense reporting sucks. Keeping your receipts together (and the ink may be toxic) and then typing up a summary to hand over to finance and wait who knows how long to be reimbursed — what a pain. Then the finance department has to input paper documents into Read More. MORE