Bank Innovation

FEBRUARY 14, 2019

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha 186

Omaha Technology National Innovation 186

American Banker

AUGUST 25, 2016

Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank engaged in deceptive marketing of credit card add-on products that some consumers allegedly never received.

Omaha 28

Omaha National Regulation Cards 28

CFPB Monitor

AUGUST 29, 2016

The CFPB announced that it has entered into a consent order with First National Bank of Omaha to settle charges that the bank engaged in unfair or deceptive acts or practices in connection with the marketing and sale of credit card add-on products and the billing of consumers for such products.

Cards 84

Cards Omaha Policies Compliance 84

PYMNTS

OCTOBER 8, 2018

Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. That was the year Buffett took a 77 percent stake in Burlington Northern — in what he described as a “bet on America” and its resilience in the aftermath of the Great Recession.

Payments 192

Payments Innovation Regulation San Francisco 192

Jeff For Banks

NOVEMBER 10, 2012

Lest I hear from the Oracle of Omaha about how he pays a lower tax rate than his secretary, I have your fix Mr. Buffett. Think of all the tax code compliance costs that would hit the bricks. Put the amount of money you now spend on tax compliance in the bank and sleep soundly at night. Let''s just do it.

Taxes 74

Taxes System Omaha Compliance 74

Independent Banker

JUNE 30, 2022

Self Financial handles the technology, including access to online accounts and an app, as well as marketing aspects of the program, and Lead Bank provides the compliance and access to the banking system. It is available to consumers in all 50 states. Why did this program help propel Lead Bank onto Independent Banker’s Top Lenders list?

Community Bank 172

Community Bank Community National Philadelphia 172

CFPB Monitor

SEPTEMBER 9, 2020

And, Congress has charged the OCC “with assuring the safety and soundness of, and compliance with laws and regulations, fair access to financial services , and fair treatment of customers by, the institutions and other persons subject to its jurisdiction.” First of Omaha Service Corp., 12 U.S.C. § 1 (emphasis added).

FDIC 78

FDIC National South Dakota Lending 78