PYMNTS
JULY 14, 2020
percent annual percentage yield (APY), an optional auto-deposit, no fees or minimums, and security as “Affirm Savings is FDIC-insured and accounts are held by our bank partner, Cross River Bank, member FDIC,’” a statement said. The account comes with 1.30 Leveraging Risk the Right Way.
CFPB Monitor
SEPTEMBER 9, 2020
1831d(a) (“Section 27(a)”), which governs the interest charges of state-chartered FDIC-insured banks. Significantly, the Supreme Court in Smiley, relying upon Marquette Nat’l Bank of Minneapolis v. We urge the FDIC to propose and adopt a true lender rule that mirrors the OCC’s Proposed Rule. Variable Annuity Life Ins.
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American Banker
MAY 16, 2016
As the Federal Reserve Bank of Minneapolis continues its yearlong inquiry into how to end "too big to fail" in the banking system, academics and economists are starting to home in on a different but related question: How do we keep financial contagion from creating financial crises?
American Banker
APRIL 18, 2016
Minneapolis Federal Reserve Bank President Neel Kashkari Monday expanded on his views about the state of financial regulation while casting doubt on the "total loss absorbing capacity" concept for bailing in failed banks.
American Banker
APRIL 4, 2016
In a forum at the Federal Reserve Bank of Minneapolis aimed at examining progress made in ending the era of Too Big to Fail banks, academics engaged widely differing views on the nature of bank risk and how far regulators have come in addressing them since the crisis.
Fintech Labs Insights
NOVEMBER 10, 2023
161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8 197,000 $1,700 2 Robinhood 6080 2013 SF 17,190,000 $6,200 3 SoFi 4017 2011 SF 13,080,000 4.6 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5
Fintech Labs Insights
JANUARY 13, 2025
Treasuries/4.80% FDIC insured (11 Dec 2023**) Minimum Balance: none Traction Raised: $27 million including $22 million in 2022 ( Crunchbase ) Employees: 27 ( Pitchbook ), unchanged since Sep, up 2 since May, up 2 since Mar, unchanged since Nov 23 Website visits: 47,000 ( SimilarWeb , Nov 2024) Linkedin : 7,000 followers 15.
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