CFPB Monitor

JULY 5, 2022

While fair lending has already been identified as a priority for banking regulators by the Biden Administration, the GAO report, particularly its findings regarding the decline in annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks, could further fuel the OCC’s focus on fair lending.

Lending 78

Lending Report Policies Handbook 78

Independent Banker

DECEMBER 13, 2015

Community banks face yet another set of regulatory requirements with the recently revised Regulation C reporting rule implementing the Home Mortgage Disclosure Act. 1, 2018, such as borrower age, credit score, property value, loan term, interest rate, and points and fees, among others. The onslaught continues.

Community Bank 70

Community Bank Community Resources Regulation 70

Jeff For Banks

NOVEMBER 9, 2018

March 2017 - Failed the OCC's community lending test causing "significant harm to customers." February 2018 - Regulators limit WF growth due to "widespread consumer abuses and compliance breakdowns." April 2018 - Agrees to $1 billion in settlements for auto loan and mortgage abuses. Nationwide network?

New Jersey 60

New Jersey Compliance Community Meeting 60

PYMNTS

MARCH 26, 2018

Those that are retiring include Jim Richards, head of financial crimes risk management, Kevin Oden, head of operational risk and compliance, Keb Byers, enterprise risk head and Vic Albrecht, community banking risk group head. Three board members are on track to be replaced by April and a fourth by the end of 2018.

Risk Management 100

Risk Management Management Compliance Groups 100

CFPB Monitor

AUGUST 21, 2018

The Treasury suggests that federal banking regulators take action to resolve this ambiguity. Other financial regulators should support data aggregation. On September 20, 2018, from 12 p.m. to 1 p.m.

Data 84

Data Report Regulation Security 84

Jeff For Banks

DECEMBER 16, 2022

The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. and Puerto Rico banking laws and regulations. Prior to starting CCBX and for the year ended 2017, the Company had $806 million in total assets and $5.4

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Abrigo

DECEMBER 16, 2019

Regulators, investors, and other stakeholders will be watching and listening for updates on the impacts of the accounting change. Even now, however, banks and credit unions with 2023 deadlines are seeking information about what the earliest adopters have learned so far in their implementation efforts. Be willing to change as needed. .

West Virginia 195

West Virginia Virginia Data Community 195

Jeff For Banks

FEBRUARY 3, 2017

Third, the explosion in regulations over the past eight years has served to hinder businesses, especially new small business formation, and has drained valuable resources as compliance costs soared. He has promised the elimination of many regulations that are strangling businesses. and 2018 at 1.8% since 2009. since 2009.

Marketing 60

Marketing Taxes Regulation US 60

Independent Banker

DECEMBER 28, 2015

1, 2018, with reporting of data beginning in 2019. Beginning in 2018, institutions will be required to report the previous year’s data using a new Web-based submission tool. Starting early with HMDA may give your community bank a cushion to address unexpected bumps in the road. Changes to the scope. Changes to the data.

Report 70

Report Data Software Washington 70

American Banker

NOVEMBER 17, 2016

Banks already have a difficult time collecting data on mortgage lending to minorities. New data requirements scheduled to take effect in early 2018 could lead to even more mistakes — and financial penalties — not to mention higher compliance costs and longer delays in closing loans.

Data 28

Data Compliance Lending Community Bank 28

Gonzobanker

DECEMBER 19, 2017

One word can summarize this action-packed banking year, GonzoBankers – tiring. Heavy-handed regulators. THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. FinTech threats and distractions.

Conference 89

Conference Industry Community Bank Community 89

Jeff For Banks

JULY 8, 2017

I believe that we are in this era of weak growth, now eight years old, for the long haul unless changes are made to regulation and we stop adding debt at break-neck speed. Incidentally, Chair Janet Yellen’s term at the Fed expires in February, 2018. For years, regulatory and compliance costs have been growing dramatically.

Marketing 60

Marketing Community Bank Security Data 60

PYMNTS

DECEMBER 14, 2017

In fact, in the last 24 hours, the virtual currency has seen investigations into illegal exchanges, regulators around the world issuing warnings about its volatility, worries about fraud and also real estate transactions intended to be made only in bitcoin. Here are the numbers: 1.6

Bitcoin 122

Bitcoin Data Compliance Survey 122

Abrigo

JULY 23, 2021

The regulations are forthcoming, but institutions now should begin the process of performing a threat-focused risk assessment which will guide them where to focus their efforts. It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. financial system.

National 195

National Training United States Regulation 195