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Southern Bancorp is building wealth for everyone

Independent Banker

approached him about a leadership position in 2013. Under the newly launched partnership, Relyance refers customers to Southern Bancorp Community Partners for counseling. In the wake of the murder of George Floyd and the subsequent national unrest, Williams talked with other business leaders about ways to close the racial wealth gap.

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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; When a community bank’s employees refer to it as “a second family,” it speaks volumes, and that’s exactly what we heard from the team at Bank of Montana in Missoula, Mont. He always refers to us as his coworkers. Grand Ridge National Bank: The premier league.

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.”

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CFPB issues Spring 2020 semi-annual report to Congress

CFPB Monitor

During the period covered by the report, the Bureau filed one fair lending public enforcement action and referred four ECOA matters to the DOJ. The CFPB has issued its Spring 2020 Semi-Annual Report to Congress covering the period September 30, 2019 through March 31, 2020.

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Evaluate New Core Providers With Successful Vendor Management

Independent Banker

Make sure your team meets the team working behind-the-scenes, from the leadership team to the support managers. Early last year, Gilmer National Bank put us through their due diligence process when they were searching for a core option. These conversations can dictate the future of your partnership. . Read the story here. .

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The New Face Of The $20 Bill Is Here

PYMNTS

I have been particularly struck by the many comments and reactions from children for whom Harriet Tubman is not just a historical figure, but a role model for leadership and participation in our democracy. You shared your thoughts about her life and her works and how they changed our nation and represented our most cherished values.”.

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FFIEC BSA Exam Manual Updates: How Do They Affect Your Anti-Money Laundering (AML) Program?

Abrigo

The update further emphasizes that financial institutions with a robust AML program that follows applicable Bank Secrecy Act (BSA) and AML requirements should not be prohibited or discouraged from providing banking services to these customers, often referred to as de-risking. Looking ahead. Final Thoughts.

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