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CFPB announces advisory committee members

CFPB Monitor

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Jean Setzfand, Senior Vice President, AARP (Washington, DC). Bank (Minneapolis, MN).

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American Greed: Can being an honest broker be banks and credit unions competitive advantage?

Jeff For Banks

According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. Could this need for personal financial management prove to be a viable niche for community financial institutions?

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Heritage Commerce agrees to settle DC Solar claims

American Banker

(..)

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

Especially if I believe community banks must increasingly be known for some niche to differentiate. I first became aware of Marlin at the Utah Bankers Association Executive Development Program, where a Marlin Business Bank officer was attending. The branchless community bank operates in the Wilmington-Philadelphia market.

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Bank Products: Blah Blah Blah

Jeff For Banks

At a recent banking conference, Ray Davis of Umpqua Bank took center stage to tell of his journey from a small, Oregon community bank to a regional powerhouse. And product was not part of the bank's success. He mentioned products only briefly. I thought, Why? Wouldn't we all benefit from more simplicity?

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Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

I also believe that branches can be developed as competitive advantages for community financial institutions. And when my friend and fellow bank consultant Mary Beth Sullivan from Capital Performance Group in DC shared the post in the below pic on LinkedIn, it stirred a spirited rebuttal. They are under 21 years old !

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Fiscal Policy We are not seeing activity from Washington DC. DJ 10/17/17 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. He believes we will remain in this situation for the foreseeable future.