2020-05-20
The Toronto company is testing new software from Cinchy that lets its technology teams visualize how datasets spread across departments might work together to make client referrals or collaborate with fintechs.
Read More from: BankThink
2020-05-20
The Ohio company said the decision reflects branch overlap and lower customer usage of the locations being shuttered.
Read More from: BankThink
2020-05-20
Craft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital.
Read More from: BankThink
2020-05-20
By James M. Berent, Esq.Bernstein-Burkley Kit F. Pettit, Esq.Bernstein-Burkley With nearly everything being impacted by COVID-19, it’s not a surprise that real estate taxes are also going to be affected.
Read More from: Bernstein-Burkley, P.C.
2020-05-20
The Small Business Administration gave lenders some direction for closing out Paycheck Protection Program loans. Bankers say it's an encouraging start, but they want more protection from liability and a concession on nonpayroll expenses.
Read More from: BankThink
2020-05-20
Some staff will be sitting at different desks, and in some cases different floors, when they return to work, according to the memo sent to employees Wednesday.
Read More from: BankThink
2020-05-20
The sellers will continue to service the loans and retain the fees they receive from the Small Business Administration.
Read More from: BankThink
2020-05-20
Comptroller of the Currency Joseph Otting’s regulation reforming the Community Reinvestment Act lacks performance metrics criticized in an earlier proposal. But neither the FDIC nor the Fed is supporting the final plan.
Read More from: BankThink
2020-05-20
One of the biggest subprime auto lenders agreed to pay $550 million to settle predatory lending charges; the bank regulator has largely completed his goal of overhauling the Community Reinvestment Act.
Read More from: BankThink
2020-05-20
Comptroller of the Currency Joseph Otting says the revised Community Reinvestment Act will provide more credit access to communities in need and won't, as some had feared, create new thresholds for grading banks.
Read More from: BankThink
2020-05-20
People ask, “what’s involved in chapter 7 personal bankruptcy case?” Here’s a practical answer:
Read More from: Wayne Greenwald, P.C.
2020-05-19
Lenders are scrambling to pause ranchers’ loan payments as meat processing plant shutdowns during the pandemic threaten $25 billion in losses for the livestock industry.
Read More from: BankThink
2020-05-19
The final regulation will significantly revise a December proposal, responding to concerns from stakeholders. Meanwhile, in a surprising move, the regulator who had championed the reforms is expected to resign this week.
Read More from: BankThink
2020-05-19
On May 15, 2020, the U.S. Department of Treasury (Treasury) and U.S.
Read More from: Bankruptcy and Restructuring Blog