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 […]

Interagency breakthrough on CRA looks to be in reach March 2, 2021
During the Trump era, the bank regulators couldn’t see eye to eye on how to modernize the Community Reinvestment Act. But a looming leadership change atop the Office of the Comptroller of the Currency is boosting optimism that they can harmonize their approaches.
Square’s long-planned bank opens for business March 2, 2021
The payment processing company will offer loans and deposit accounts to its small-business customers through a Utah-based industrial bank.
Amalgamated makes environmental, social values part of bottom line March 1, 2021
The bank’s new holding company, Amalgamated Financial Group, is the first publicly traded financial services company to become a public benefit corporation. It says the legal designation will help officers and directors balance the interests of shareholders and the public.
First International in North Dakota buys mortgage lender March 1, 2021
The bank's purchase of Sodak Home Loans in Sioux Falls, S.D., adds to a string of bank deals for mortgage lenders this year.
COVID recovery top of mind as credit unions’ premier event kicks off March 1, 2021
The pandemic is likely to dominate the discussion during CUNA’s online Governmental Affairs Conference, but perennial issues such as the industry’s tax exemption will also be spotlighted.