2020-10-22
Bankruptcy petition preparers remind me. of the Monty Python “Spam, spam, spam, . . .” song, only, SCAM! SCAM! SCAM! Another one bites the dust. We have had lots of these in Detroit, this one worked in Illinois and Missouri. EAST ST.
Read More from: Stop Creditor
2020-10-22
While some institutions have held off on staffing up for new projects, many mission-critical positions at the executive level are still being filled. It may take until well into 2021 before normal patterns return.
Read More from: BankThink
2020-10-21
A disputed outcome could cause significant market turmoil in the coming months — and have far more serious repercussions over the longer term.
Read More from: BankThink
2020-10-21
USAA Federal Savings Bank’s downgrade shows how customer mistreatment stemming from flaws in internal controls can hurt Community Reinvestment Act scores. Some want consumer compliance to carry more weight in the CRA calculus.
Read More from: BankThink
2020-10-21
The U.S. economy continued to grow across the country as it recovered from the coronavirus pandemic, but the picture was uneven, according to a new report from the Federal Reserve.
Read More from: BankThink
2020-10-21
https://www.nydailynews.com/new-york/ny-tlc-taxi-medallion-oversight-20201015-2pyve3pmfreuvfsii6mpjh43ta
Read More from: Shenwick & Associates
2020-10-21
The Cleveland company will exit indirect auto lending and close branches so it can devote more resources to mortgages, student loans and other relationship-driven, digital-friendly businesses.
Read More from: BankThink
2020-10-21
The coronavirus pandemic has spurred more private buyers to acquire senior care homes, and the Oklahoma lender is eager to back them.
Read More from: BankThink
2020-10-21
PayPal isn’t the first company to open its platform to cryptocurrencies, but its technique is more hands-on than most payment providers.
Read More from: BankThink
2020-10-21
State College FCU is seeking member approval to fold into Horizon CU, citing ongoing challenges finding members to serve on its board of directors and supervisory committee.
Read More from: BankThink
2020-10-21
The legislation would extend to the banking system the Civil Rights Act's protections for customers of hotels and restaurants.
Read More from: BankThink
2020-10-21
Delaying a proposed benchmark for grading banks' performance in Community Reinvestment Act exams to appease critics of its initial proposal will make it harder to gauge the final rule’s impact.
Read More from: BankThink
2020-10-21
Banks have managed to steer around trouble spots in energy, hotel and mall-related credits. But fears of further deterioration, an eviction wave or more job losses are keeping lenders circumspect.
Read More from: BankThink
2020-10-21
This week we’ll be covering another topic that’s near and dear to our hearts: faith and bankruptcy. Fortunately, our guest this week happens to have quite the relevant perspective to bring to the stream; Dr. Greg White, Sr.
Read More from: Bonds & Botes, P.C.
2020-10-21
The credit union regulator has no immediate plans to bring staff and examiners back into the office, but Chairman Rodney Hood said staying remote would remain an option for all staff members during Phase 1 of any return.
Read More from: BankThink
2020-10-21
Quarles says the pandemic revealed flaws in the financial system that have yet to be fixed; big banks will need to have enough funds on hand to meet their needs for a year.
Read More from: BankThink
2020-10-21
Many credit unions offer youth accounts to help establish early banking relationships, but a new account for kids from the nation’s largest bank has raised the level of competition.
Read More from: BankThink
2020-10-20
Agility Bank, one of two women-led groups seeking charters, is looking to open next spring.
Read More from: BankThink
2020-10-20
National banks just got the OCC's go-ahead this summer to hold and transfer digital assets like bitcoin for customers, but the Paris-based bank has already vetted the technology needed to do the job.
Read More from: BankThink