CFPB Monitor

SEPTEMBER 25, 2019

The memo from the FSC Majority Staff indicates the hearing will focus on the development of a real-time payments (“RTP”) system and the risks, regulation, and market features of any future payments system. George, President and Chief Executive Officer, Federal Reserve Bank of Kansas City.

Kansas City 60

Kansas City Kansas Payments Community 60

Jeff For Banks

FEBRUARY 27, 2016

The point of this post, and I do have one, is that Zenbanx needed a bank to get off of the ground. The much lauded Simple sold to a bank (BBVA). Moven account holders use CBW Bank, a small $22 million in asset bank based in Kansas. That bank has an 8.90% ROA. Why do FinTech firms rush to banks?

Fintech 60

Fintech Kansas Community Bank Capital 60

Independent Banker

MAY 24, 2016

million farms and the community banks that lend to them each growing season, Scanlan points out. Community banks also are likely to see increased regulatory scrutiny of agricultural loans this year. Other changes in rural loan programs are affecting community banks. Ongoing concerns.

Community Bank 70

Community Bank Kansas City Community Iowa 70

American Banker

FEBRUARY 29, 2016

First Federal Bank of Kansas City has agreed to a $2.8 million settlement with the Department of Housing and Urban Development to resolve allegations of redlining in African-American neighborhoods.

Kansas City 28

Kansas City Kansas Community Bank Community 28

American Banker

NOVEMBER 21, 2024

The Federal Reserve issued an enforcement action against the former head of Heartland Tri-State Bank, who embezzled millions of dollars after falling victim to a crypto scam.

Kansas 36

Kansas Community Bank cryptocurrency Community 36

American Banker

JUNE 9, 2016

The clock is ticking to amend Dodd-Frank Act regulations before consumers in rural communities run out of borrowing options, community bankers from Kansas and Oklahoma told a House panel on Thursday.

Oklahoma 28

Oklahoma Kansas Community Regulation 28

American Banker

JULY 11, 2016

Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo.

Kansas City 28

Kansas City Kansas Lending Regulation 28

American Banker

OCTOBER 26, 2016

Five banks in Kansas are putting together plans to share a compliance officer. While the move should save money, the banks are fully aware of the risks involved with the potential collaboration.

Compliance 28

Compliance Kansas Community Bank Community 28

American Banker

MARCH 18, 2016

The Federal Reserve Board has terminated enforcement actions issued in 2010 against American Bank of Baxter Springs in Kansas and CB Financial in Wilson, N.C., and issued an enforcement action against Hazard Bancorp in Kentucky.

Kentucky 28

Kentucky Kansas Community Bank Community 28

PYMNTS

FEBRUARY 12, 2019

The Federal Reserve wants to change some of its regulations so that smaller banks don’t have to handle the same scrutiny and paperwork as bigger institutions. “I ” “Our job now is to ensure that community banks continue to remain strong,” she said, adding that there were no community bank failures in 2018. .”

Regulation 134

Regulation San Diego Community Bank Kansas 134

PYMNTS

APRIL 14, 2020

Democrats in Congress are looking to address that issue by setting aside about 50 percent of proposed additional PPP funding to help CDFIs, credit unions and community banks. . “We Ruben Alonso, president of the CDFI loan fund AltCap in Kansas City, Mo., The fund separately raised $5 million for relief loans in its community.

Puerto Rico 150

Puerto Rico Virgin Islands District of Columbia Kansas City 150

Tech and Finance

FEBRUARY 27, 2019

Admittedly the country has a far simpler banking system with just a handful of major banks. It also has a regulator that takes a far more active role in promoting consumer interests vs. banks than the Fed does. The Fed can do it — it has the technical skills and the connections and trust of banks of all sizes.

System 38

System Payments Kansas City Community Bank 38

Gonzobanker

DECEMBER 20, 2018

Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services. PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. GonzoBanker of the Year – Mid-Size Banks.

Fintech 100

Fintech Conference Innovation Community 100