ABI Blog Exchange

2020-10-15
Nano Banc's president, Mark Troncale sits down with PaymentsSource's senior editor Kate Fitzgerald to discuss how the fintech decided to be amongst the first wave of small-to-midsize banks adopting The Clearing House's real-time payments solution.

Read More from: BankThink

2020-10-15
The North Carolina company had promised regulators not to close large numbers of branches until December. Meanwhile, vendor contracts, leases and other hurdles have made it hard to accelerate efforts to offset a sudden decline in revenue.

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2020-10-15
The Buffalo, N.Y., bank will pay a $546,000 penalty, which will be passed on to the National Flood Insurance Program to help offset costs.

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2020-10-15
As reported in our earlier blog post The CARES ACT – Tax Relief, the federal CARES Act provides for forgiveness of indebtedness for
2020-10-15
The Southern California-based credit union would add a fourth branch in the Cowboy State if members of the merging credit union approve the deal.

Read More from: BankThink

2020-10-15
The Illinois company will shutter 17 locations, or about 15% of its branches, early next year.

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2020-10-15
Defaults have been milder than expected thanks to government relief and stricter underwriting. But with the crisis dragging on and policymakers unable to agree on a stimulus plan, loans to highly indebted companies remain at risk.

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2020-10-15
Duncan-Williams, which serves institutional clients, will help South State expand its correspondent lending operations.

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2020-10-15
On October 15, 2020, Boca Raton, FL-based life settlement holding company Emergent Capital, Inc.
2020-10-15
On October 15, 2020, Boca Raton, FL-based life settlement holding company Emergent Capital, Inc.
2020-10-15
On October 14, 2020, YogaWorks, Inc., a national yoga class provider based in Santa Monica, CA, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20-12599).  The company
2020-10-15
On October 14, 2020, YogaWorks, Inc., a national yoga class provider based in Santa Monica, CA, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20-12599).  The company
2020-10-15
The Minnesota-based institution is allowing children of some employees to attend school virtually in their branches in order to make it easier for parents to work during the pandemic.

Read More from: BankThink

2020-10-15
FILING A CHAPTER 7 BANKRUPTCY IN PHILADELPHIA One of the biggest questions that people ask themselves when they are in financial trouble and contemplating filing for bankruptcy is “which of my property will I be able to keep?” Bankruptcy filings c

Read More from: Young, Marr & Associates

2020-10-15
FILING A CHAPTER 7 BANKRUPTCY IN PHILADELPHIA One of the biggest questions that people ask themselves when they are in financial trouble and contemplating filing for bankruptcy is “which of my property will I be able to keep?” Bankruptcy filings c

Read More from: Young, Marr & Associates

2020-10-14
The $85 million penalty and the bank's "needs to improve" rating on its Community Reinvestment Act exam were tied to alleged violations of the Military Lending Act and Servicemembers Civil Relief Act.

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2020-10-14
CEO Charlie Scharf disappointed investors by failing to provide either a detailed road map for long-term expense reductions or say when he might release such a plan.

Read More from: BankThink