Independent Banker

DECEMBER 31, 2022

The FDIC approved a final rule to increase initial base deposit insurance assessment rates by 2 basis points until the Deposit Insurance Fund (DIF) achieves the FDIC’s long-term goal of a reserve ratio of 2% of insured deposits. The FDIC’s long-term goal for the reserve ratio of insured deposits. Source: FDIC.

Compliance 100

Compliance FDIC Community Bank Community 100

PopularBank

DECEMBER 11, 2023

Molly has been with Popular Bank since 2005 and was instrumental in growing PAB into a $2 Billion loan portfolio business and the national platform it is today. Effective January 1, 2024, Carlos Hernandez will be Division Manager for PAB. Billion in deposits. “We We are also excited to see Carlos take on his new role as head of PAB.”

Management 52

Management Florida Community Leadership 52

PYMNTS

NOVEMBER 14, 2019

digital and physical goods that’s expected by 2024. According to an FDIC study , 6.5 Mobile solutions are a must in China: Mobile payment demand has also risen among Chinese consumers over the past decade, which is spurring many merchants outside the nation to add support for mobile payments. percent of U.S. million households.

Payments 124

Payments United States Online Google 124

South State Correspondent

AUGUST 14, 2024

At the start of 2024, the amount of excess balances rose to 21% as the average ECR rose to 79 basis points (below). The customer is just looking to manage their liquidity and does not want to be concerned with reserve levels or FDIC charges. We dislike both tactics when it comes to building customer lifetime value.

How To 195

How To Analysis Management Training 195

CFPB Monitor

JUNE 15, 2020

The OCC acted alone in issuing the final CRA rule without waiting to achieve consensus with the FDIC, the agency with which the OCC had jointly issued the proposed rule. Our next blog post will address differences among the OCC’s final rule, the FDIC’s proposed rule, and the Federal Reserve’s existing regulations.

Community 60

Community FDIC Lending Examples 60

CFPB Monitor

JUNE 25, 2020

The final CRA rule is an effort by the OCC to provide objective measures to evaluate the CRA performance of national banks and savings associations supervised by the OCC (including federal and state-chartered savings associations and uninsured federal branches of foreign banks).

Community 97

Community Lending Meeting Retail 97

CFPB Monitor

JANUARY 28, 2021

Specifically, large banks and wholesale and limited purpose banks must comply by January 1, 2023, and small and intermediate banks that choose to opt-in to the performance standards contained in the OCC’s final rule have until January 1, 2024 to comply.

Community 131

Community FDIC Lending Survey 131