PYMNTS

APRIL 25, 2017

TechCrunch said the fight between states and the OCC centers on a proposal made by the OCC in December, in which it details a program that enables FinTechs to apply for charters to become special purpose national banks. Among the states that have issue with it are New York, Florida, Ohio and California. Take New York as one example.

Fintech 109

Fintech Ohio Florida Oregon 109

American Banker

NOVEMBER 22, 2016

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years.

Columbus 28

Columbus Lending Ohio Community 28

PYMNTS

OCTOBER 4, 2019

That does not mean older verification methods are obsolete, however: Many companies still rely on knowledge-based authentication (KBA) methods like passwords or security questions, even in areas like business lending — where stringent verification is crucial. Government-issued digital identities are not just the realm of sovereign nations.

Online 144

Online Ohio Knowledge Base Regional 144

American Banker

SEPTEMBER 7, 2016

First Financial Bancorp in Cincinnati has made Brad Ringwald its president of community banking; named Paul Silva the president of investment commercial real estate; tapped Rick Dennen to oversee the company's national lending businesses; and said Roddell McCullough, director of community development, will take on more responsibility helping determine (..)

Ohio 28

Ohio Leadership Community Bank Community 28

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. Coldwater, Ohio. Chairman Brad M. Grand Rapids, Minn.;

Community Bank 239

Community Bank Community Industry Texas 239

American Banker

AUGUST 16, 2016

The Ohio company is eager to rev up SBA lending in the Windy City now that it has closed on its purchase of FirstMerit. CEO Steve Steinour also credits his company's willingness to make big upfront community commitments for a seamless approval process.

Lending 28

Lending Chicago Ohio Community 28

PYMNTS

APRIL 27, 2020

As Bank of America CEO Brian Moynihan said on “Face the Nation” this past week, “It’s clear that between Congress, the administration and the American people, we need to get all these funded and not make this a foot race. Banks’ websites went down, and so did the Small Business Administration (SBA’s) sites. Just get the work done.”.

Columbus 149

Columbus Ohio Capital New York 149

Payments Source

JANUARY 9, 2017

Sherrod Brown, D-Ohio, and Jeff Merkley, D-Ore., registered their strong opposition to the concept of the charter, which would allow certain types of fintech companies to avoid state licensing requirements by obtaining a limited-purpose national bank charter. In a letter Monday to Comptroller Thomas Curry, Sens.

Fintech 60

Fintech Ohio National Company 60

Independent Banker

APRIL 30, 2022

Brazos National Bank. Douglas National Bank. First Bank of Ohio. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. FSNB, National Association. Pioneer Trust Bank, National Association.

Community Bank 172

Community Bank Community Montana Taxes 172

Independent Banker

JUNE 30, 2022

year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. Source: 2022 Home Buyers and Sellers Generational Trends, National Association of Realtors.

Community Bank 143

Community Bank Community Millennials Resources 143

CFPB Monitor

OCTOBER 3, 2022

The court noted the plaintiffs asserted “that HMDA data have been invaluable in ‘uncovering and addressing redlining, fair lending violations, and other inequitable lending practices’ over the decades.” Additionally, prior to that rule, the reporting of open-end lines of credit was optional, so there was no reporting trigger. .

DC 78

DC Report District of Columbia Data 78

CFPB Monitor

SEPTEMBER 10, 2020

The DBO indicated that it “is investigating whether LoanMart’s role in the arrangement is so extensive as to require compliance with California’s lending laws. According to the DBO’s press release, until the FACA became effective, LoanMart was making state-licensed auto title loans at rates above 100 percent.

Utah 78

Utah California FDIC West Virginia 78

Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. Coldwater, Ohio. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Coldwater, Ohio. Jack Hartings Photo by Michael Nemeth. By Kelly Pike. Employees: 80.

Ohio 70

Ohio Community Bank Community Lending 70

American Banker

JANUARY 9, 2017

Sherrod Brown, D-Ohio, and Jeff Merkley, D-Ore., registered their strong opposition to the concept of the charter, which would allow certain types of fintech companies to avoid state licensing requirements by obtaining a limited-purpose national bank charter. In a letter Monday to Comptroller Thomas Curry, Sens.

Ohio 28

Ohio Fintech National Company 28

Independent Banker

JANUARY 26, 2016

RiverHills Bank in Milford, Ohio, gives its mortgage officers laptops to generate applications in the field wherever prospective borrowers may be, says Sarah Fawcett, the $122 million-asset community bank’s vice president of mortgage loan operations. “In Dan Hickman, Riverhills Bank.

Community Bank 70

Community Bank Community Ohio System 70

Fintech Labs Insights

MAY 17, 2017

Online Lending Innovator SoFi Launches Robo Advisor. Ohio-based First National Bank of Pandora chooses core account processing platform from Fiserv. Trulioo Bolsters Regtech Solution with Mitek Partnership. Alumni updates. Trulioo Bolsters Regtech Solution with Mitek Partnership.

Ohio 17

Ohio Community Conference Capital 17

Independent Banker

SEPTEMBER 25, 2014

However, as the expansion proceeds and bank lending continues to gain steam, sound principles of loan underwriting and concentration management must be remembered.”. in Kent, Ohio. Anna DeSimone, president of Bankers Advisory, a lending compliance consulting firm in Belmont, Mass., increased operational risks. “So

Compliance 101

Compliance Regulation Community Bank Community 101

Jeff For Banks

DECEMBER 19, 2015

Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. It's size today, at $2.4 What a ride! #3. BNCCORP, Inc.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Benson Porter, Boeing Employees CreditUnion – Porter led BECU through an amazing streak of growth in the Pacific Northwest, all while building an innovative, stakeholder-driven brand respected nationally. FIS wins Valley National with IBS platform.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

AUGUST 14, 2018

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. Most recently, Ohio capped off a 10-year regulatory project two weeks ago, with John Kasich’s signature on a new bill that will close loopholes in 2008 legislation to legally rein in short-term lenders.

Lending 100

Lending Ohio Regulation Industry 100

Fintech Labs Insights

MAY 4, 2015

City National Bank. First National Bank. Lending Club. Ohio Valley Bank. FinovateSpring 2015 is sponsored by The Bancorp , CapitalSource , City National Bank , Envestnet , Financial Technology Partners , Hudson Cook LLP , KPMG , Kyriba , Life.SREDA , and Zions DirectTV. BDCV Venture. Bluerun Ventures. BNY Mellon.

San Jose 12

San Jose San Francisco Capital America 12

CFPB Monitor

FEBRUARY 3, 2020

Graciela Aponte-Diaz, Director of Federal Campaigns, Center for Responsible Lending. Creola Johnson, Professor, The Ohio State University Moritz College of Law. Lauren Saunders, Associate Director, National Consumer Law Center.

Ohio 78

Ohio Leadership Lending California 78

CFPB Monitor

DECEMBER 8, 2022

Earlier this week, Senator Sherrod Brown (D-Ohio) introduced a bill , the “Close the Shadow Banking Loophole Act,” (Act) that is intended to close what is often termed a “loophole” in the Bank Holding Company Act (BHCA) because it allows the parent companies of industrial loan companies (ILCs) to operate without the same level of federal oversight (..)

FDIC 78

FDIC Company Industry Regulation 78

PYMNTS

APRIL 1, 2020

Sherrod Brown of Ohio and Sen. Administration officials, after all, said that the money could easily be leveraged into $4 trillion in lending power. Mnuchin told “Face the Nation” last week that the $1,200 checks for Americans to help them through the crisis would hit around three weeks from now, or in mid-April.

Company 130

Company Oregon Ohio Taxes 130

Independent Banker

FEBRUARY 16, 2015

Sherrod Brown (D-Ohio), Sen. Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. in Coldwater, Ohio. Richard Shelby (R-Ala.). Illustration: Josue Evilla.

Community Bank 70

Community Bank Alabama Ohio Community 70

FICO

JANUARY 5, 2023

Some BNPL firms already are providing disclosures mandated by the Truth-in-Lending Act. Entering 2023, the United States continues to be without a comprehensive national privacy law. Meanwhile, the National Institute of Standard and Technology is expected to release its AI Risk Management Framework in 2023. See all Posts.

Policies 52

Policies Company Regulation Risk Management 52