LightAlive – Page 2 – McCormack & Associates

September 27, 2022

Congratulations to Jordan Banuelos for graduating from OBA Compliance School 2022!

We would like to congratulate Jordan Banuelos for graduating from OBA Compliance School 2022! MAi is proud of your accomplishment! About the OBA Compliance School The […]

July 29, 2022

Job Opening

McCormack & Associates is looking for a dedicated Audit Associate to join our team! This position is full-time and includes benefits such as health insurance, […]

June 8, 2022

2022 OBA Convention & Trade Show

Bankers from across Ok attended in search of the latest products and services. The OBA is the largest and oldest non-profit banking organization servicing the Oklahoma […]

May 13, 2022

Family Fun Day

Family Fun Day: MAi loves to celebrate Family Fun Day! In late April, the team and their families were able to attend a full day of […]

Community Banking News courtesy of American Banker

Regulators must reject the Capital One-Discover deal May 5, 2024
If Capital One successfully buys Discover Financial Services, it would create an entity with an enormous amount of power. That could lead to abuses of vulnerable consumers.
Regulatory pitfalls abound in Capital One's bid to buy Discover May 4, 2024
The decision will turn on whether regulators think the merged company would lessen competition or pose a significant threat to the broader economy if it runs into financial distress.
Columbia struggled after Umpqua merger. Is the math starting to work? May 3, 2024
The combination of two Pacific Northwest banks was supposed to create a regional powerhouse, but rising deposit costs have stung. CEO Clint Stein says he's "laser-focused" on making Columbia a top performer again.
Small banks 'feel like hostages' to their core systems: OCC's Hsu May 3, 2024
A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.
Regulators issue guidance to community banks on third-party risks May 3, 2024
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.