ABI Blog Exchange

2021-01-01
Posted by Kathy Bazoian Phelps 

Read More from: The Ponzi Blog

2020-12-31
Speculation is swirling that the Boston company will go on a buying spree after raising $1.8 billion, though some investors are advising caution. This tension makes CEO Bob Rivers one of our community bankers to watch in 2021.

Read More from: BankThink

2020-12-31
During 2020, our society has been faced with an economic crisis, health crisis, social justice crisis and environmental crisis.

Read More from: BankThink

2020-12-31
The typical scenario in which this arises is that you will be notified by the police that there is a warrant out for your arrest.  In this situation, your next move is crucial – sit and wait, and the warrant will remain active, and in the event yo

Read More from: Young, Marr & Associates

2020-12-31
Challenger banks aimed at Blacks, Hispanics, immigrants and other underserved groups are offering financial education and support for charities in addition to basic banking services.

Read More from: BankThink

2020-12-31
The regulator's order moves the San Francisco-based company one step closer to becoming the first online lender to own a bank.

Read More from: BankThink

2020-12-31
In December, the National Credit Union Administration barred the individuals from working in the financial services sector for taking money from their institutions for personal use.

Read More from: BankThink

2020-12-31
     The 11th Circuit has chimed in on the fairly unusual procedure of granting retroactive relief from the automatic stay to permit otherwise prohibited conduct in Baker v. Bank of America, N.A., 2020 U.S. App. LEXIS 40615, Case No.

Read More from: Tampa Bankruptcy

2020-12-31
The New Canaan, Conn., company said it will record a pretax expense of $3.9 million in the fourth quarter related to branch and office closings, severance payments and the end of a vendor contract.

Read More from: BankThink

2020-12-31
From dealing with a flood of deposits to working with examiners virtually, credit unions were forced to quickly adapt to a new normal after the pandemic hit. Here's a look at some of the biggest changes and challenges they faced.

Read More from: BankThink

2020-12-30
Bank regulators traditionally steer clear of more divisive debates in a polarized Washington.

Read More from: BankThink

2020-12-30
The agency said Omni Financial in Las Vegas illegally required service members to designate a portion of their paychecks to repay loans, depriving of them of other payment options.

Read More from: BankThink

2020-12-30
The Consumer Financial Protection Bureau is giving the credit card issuer and the fintech firm some regulatory latitude to develop specific new products.

Read More from: BankThink

2020-12-30
Several consumer advocacy organizations have urged the Office of the Comptroller of the Currency to deny the online lender's application for a national bank charter, citing concerns about its lending and debt-collection practices.

Read More from: BankThink

2020-12-30
Remote online notarization helped originators close loans amid social distancing measures, but complex local laws remain a barrier to its widespread use.

Read More from: BankThink

2020-12-30
An impasse over pandemic relief checks for Americans is holding up an override of President Trump's veto of a bill shifting beneficial-owner requirements from banks to their commercial clients.

Read More from: BankThink

2020-12-30
Triad Business Bank opened in North Carolina shortly before the launch of the Paycheck Protection Program, which brought in many clients.

Read More from: BankThink