Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

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Community Bank Community Analytics Lending 70

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

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Data How To Community Bank California 91

American Banker

NOVEMBER 5, 2021

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Virginia Community Bank Community Compliance 58

Independent Banker

FEBRUARY 24, 2016

Three steps to strengthen your bank’s customer complaint management. Yet community banks, as relationship builders, don’t like to hear customer complaints. Customer complaint management, now considered a component of a bank’s compliance management, has become a rest stop during compliance exams. By Mary Wright Thorson.

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Compliance Regulation Community Bank Virginia 70

Independent Banker

AUGUST 25, 2016

The result will be more Bank Secrecy Act/anti-money laundering information collection and recordkeeping for community banks, says Lilly Thomas, ICBA vice president and senior regulatory counsel. Mary Thorson Wright , a former Federal Reserve manager, is a financial writer in Virginia. CFPB Updates. Servicing Rules.

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American Banker

OCTOBER 10, 2023

Blue Ridge Bank in Virginia changed course after its rapid growth in the fintech partnership business landed it in hot water. But the path back to a traditional community banking model is also proving to be bumpy.

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Virginia Fintech Community Bank Course 45

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. The rule defines a “creditor” as a business that is engaged in extending consumer credit and meets the criteria under Regulation Z with respect to extensions of consumer credit to covered borrowers. By Mary Thorson Wright. Beginning Oct. 3, 2016, compliance date.

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Lending Compliance Regulation Virginia 70

Independent Banker

OCTOBER 29, 2014

Community bank compliance professionals know three things about effective compliance management: It starts at the top. It permeates all of the policies, processes and procedures of the bank. Mary Thorson , a former Federal Reserve managing examiner and compliance consultant, is a financial writer in Virginia.

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Compliance Leadership Resources Virginia 80

Independent Banker

AUGUST 25, 2016

Community bank compliance officers spend the lion’s share of their time executing compliance management programs by learning about and analyzing regulatory requirements, providing training on them and helping business units implement them. In compliance management, the process is only as effective as the bank’s efforts to.

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Compliance Training Community Bank Management 70

Independent Banker

JULY 28, 2016

The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. Just how can your community bank do all of those things? What agency is our prudential federal regulator?

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Compliance Training Community Bank Regulation 70

Independent Banker

JULY 1, 2015

When another lender left the $103 million-asset community bank, Harms picked up her client load for months without complaint and then trained the new replacement staffer. And even as new regulations make the mortgage environment increasingly challenging, he just smiles, adapts quickly and gets back to business.

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American Banker

OCTOBER 16, 2023

Billy Beale joined the small Virginia bank in May, several months after its fintech partnership strategy landed it in hot water with regulators. There's still a lot of just blocking and tackling that we've got to do to get the bank to work the way it's supposed to," he says.

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Virginia Regulation Strategy Fintech 41

Independent Banker

MARCH 15, 2015

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. Large Community Bank Council, member. Membership-Marketing.

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Ohio Community Bank Community Lending 70

American Banker

NOVEMBER 17, 2016

Carter Bank in Virginia had been enjoying record profit until it was ordered to beef up Bank Secrecy Act compliance. The institution is the latest community bank to take a hit from enhanced oversight.

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Virginia Community Bank Compliance Community 28

Jeff For Banks

DECEMBER 12, 2017

Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. That got regulator's attention in the form of a May 2011 Consent Order (CO). is the holding company for Parke Bank, a $1.1 But they didn't bury their head in the proverbial sand.

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American Banker

FEBRUARY 13, 2025

An order permitting CSBH LLC in Powhattan, Virginia, to acquire a controlling stake in Industry Bancshares promises to give the Texas company a fresh start in one of the country's most attractive banking markets.

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Texas Virginia Company Industry 36

Independent Banker

JANUARY 31, 2023

Illustration by Jozefmicic/Adobe The CFPB recently issued new guidance on overdraft fees that was unanticipated by community banks. Learn what this means for the industry and how community banks can stay in compliance. In March 2022, the CFPB noted in its blog that “overdraft fees can price people out of banking.”

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Community Bank Community Compliance Regulation 91

Gonzobanker

DECEMBER 17, 2021

The Bank That Gets Fintech. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Eric has always been a student of innovation, and now at Coastal, this fearless leader has spearheaded a number of high-profile banking-as-a-service partnerships.

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Fintech Strategy Leadership Lending 148

CFPB Monitor

MARCH 20, 2017

Professor Saikrishna Prakash, James Monroe Distinguished Professor, University of Virginia School of Law. In his testimony, he mentioned that he and his then law firm colleagues were co-counsel to a small community bank in State National Bank of Big Spring v. Adam White, Research Fellow, Hoover Institution.

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Virginia Community Bank America Policies 74