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 […]

‘Absolute scam’: Complaints about credit monitoring plans flood CFPB October 21, 2019
Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.
Multifamily loan concentration is no weakness, this bank says October 21, 2019
Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.
Investors Bank teams with OnDeck to offer online business loans October 20, 2019
Customers of the New Jersey bank will be able to complete applications in minutes and receive funding in as little as one business day.
Potential Truist delay, Katie Porter, tech giant trust issues: Top stories of the week October 18, 2019
BB&T-SunTrust merger closing could slip into 2020; how “the most feared freshman” is shaking up House Banking panel; consumers are split about trusting Amazon, Google with their savings; and more from this week’s most-read stories.
One regional bank’s plan to wait out the Fed October 18, 2019
Count Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. The key, he says, is to focus on delivering services customers are willing to pay fees for and to skillfully reprice deposits until then.