Abrigo

MARCH 21, 2025

The latest CRA framework categorizes banks (CRA requirements are not extended to credit unions) into three tiers based on asset size, with differing compliance requirements: Small banks (assets under $600 million) Can opt-in to the new CRA tests or remain on a streamlined lending test that focuses on retail activities.

Compliance 195

Compliance Strategy Data Lending 195

Abrigo

MAY 30, 2023

Final rule Effective dates & compliance dates for rule 1071 As they do with any new requirement, financial institutions want to know when the CFPB 1071 rule is effective and when they must begin collecting and reporting data on their small business lending activities. This 2026 data needs to be reported to the CFPB by June 1, 2027.

Compliance 195

Compliance Lending Data Regulation 195

Jeff For Banks

MARCH 3, 2025

Branch Insights: Managers can use Copilot in Power BI to track performance across our 21 locations, like spotting a deposit surge in Scott County for a targeted campaign. Enhancing Risk Management & Fraud Detection: Copilot can flag suspicious transactions in Excel, enabling quick action.

Community Bank 74

Community Bank Community Minnesota Security 74

Perficient

NOVEMBER 21, 2024

The first compliance deadline of April 1, 2026, impacts the largest organizations. Impact on consumers Without open banking, consumers struggle to switch between bank deposit and lending offerings. The ruling demands action from all non-depository firms (e.g., Ready to explore your firm’s compliance with Rule 1033?

Compliance 221

Compliance Data Cards Meeting 221

PYMNTS

FEBRUARY 10, 2020

The tax may be a case for the government to boost its own coffers on eCommerce, anticipated to be worth as much as $200 billion annually by 2026, as estimated by the India Brand Equity Foundation (IBEF) late last year. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.

Taxes 175

Taxes Illinois Operations Study 175

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act.

Compliance 109

Compliance FDIC Strategy Fintech 109

South State Correspondent

AUGUST 16, 2023

These are cash flow management tools that send a signal of future problems. We should see a slight increase in production in 2025 and 2026 driven by lower rates. Banks are currently reducing indirect auto financing growth and are managed by greater holdback and fewer exceptions. Banks should put management plans in place now.

Trends 195

Trends Cards Capital Data 195