Compliance Archives — McCormack & AssociatesMcCormack & Associates

August 3, 2016

Published by Brie Truett at August 3, 2016

Bankers Helping Bankers

When we go to our family doctor, it is usually because we are sick; something is wrong and it needs to be fixed. Sometimes we just […]

Digital training for bankers paying off in coronavirus crisis March 31, 2020
Customers are more reliant than ever on digital banking tools, and institutions like OceanFirst, BBVA and M&T are thankful they had invested in teaching employees to show customers how to use them.
High anxiety among energy lenders as oil prices plummet March 31, 2020
Weak demand for oil and gas, brought on by the economic fallout of the coronavirus outbreak, has raised concerns of energy firms missing loan payments or even going bankrupt. Here’s how banks and regulators are trying to get ahead of potential problems.
Calls to cease non-coronavirus rulemaking grow louder March 31, 2020
The ICBA chief’s plea for a six-month halt to regulations not related to the pandemic followed similar calls by community groups and a key Senate Democrat.
Fed delays effective date of bank control rule due to coronavirus March 31, 2020
The regulation established standards for investors who own less than a quarter of an institution. Banks are getting more time for implementation as they focus on effects of the COVID-19 pandemic.
Twelve years later, another ill-conceived bailout March 31, 2020
The 2008 package proved some banks were too big to fail. But the rushed $2.2 billion stimulus shows now any company can be bailed out.