Party Archives — McCormack & AssociatesMcCormack & Associates

December 10, 2018

Published by Brie Truett at December 10, 2018

MAi Christmas Party

We had a wonderful Christmas Party this year! Our employees split up into two teams and were trapped inside different escape rooms. Team 2 did make […]

Community Banking News courtesy of American Banker

French crowdfunding platform courts bank partners to gain U.S. foothold August 14, 2020
Ulule is working with Bank of the West to build name recognition. It hopes to collaborate with other banks and credit unions as it vies with larger companies such as Kickstarter and GoFundMe.
Wells Fargo names new compliance chief, other risk executives August 13, 2020
The executive shuffle at the company continues as Credit Suisse America’s Paula Dominick is hired to replace Mike Roemer as chief compliance officer. It also hired or promoted four line-of-business chief risk officers and an enterprise testing leader.
Regulators issue guidance on AML enforcement actions August 13, 2020
The federal banking agencies clarified that minor violations of Bank Secrecy Act rules will typically not result in a cease-and-desist order.
OCC's Brooks questions need for government-owned payment systems August 13, 2020
Appearing to support decentralized systems, the acting comptroller of the currency said on a podcast that "the ultimate public ownership of the payment rails is when you have a network, like the internet, of interconnected institutions and computers."
HarborOne job cuts reflect lower branch traffic, coronavirus fallout August 13, 2020
The Massachusetts company is laying off more than 40 employees with a focus on people working in its retail banking operations.