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A Tale of Gains and Losses
By Bill Poquette, Editor-in-Chief
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 TARP has been controversial since its launch in late 2008. Widely viewed as a big bank bailout, arguably it averted the failure of a few systemically critical financial institutions. It also injected needed capital into some regional and community banks. Unfortunately for many of the latter group, prices paid for acquisitions are being discounted by the amount of TARP preferred shares and the low interest rate environment is restricting their ability to meet dividend payments or buy back the stock. Read more>> |
| Agencies Release a Capital Estimation Tool for Assessing the Effects of Proposed Capital Rules |
| The federal banking regulatory agencies have announced the availability of a regulatory capital estimation tool to help community banking organizations and other interested parties evaluate recently published regulatory capital proposals. Read more>> |
FDIC and CFPB Order Discover to Pay $200 Million Consumer Refund for Deceptive Marketing
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| The joint investigation concerned deceptive telemarketing and sales tactics used by Discover to mislead consumers into paying for various credit card "add-on products" - payment protection, credit score tracking, identity theft protection and wallet protection. Read more>> |
State Bank Supervisors Reappoint Louisiana Commissioner to FSOC
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| State banking supervisors have reappointed John P. Ducrest, commissioner of the Louisiana Office of Financial Institutions and immediate past chairman of the Conference of State Bank Supervisors, to serve a second term on the Financial Stability Oversight Council. Read more>> |
| Register for Webcast |
 Deposit Compliance: Frontline Deposit Regulations
DATE: Oct. 24
This program fulfills many of your annual training requirements for your front line. The front line is critical in the implementation of many of the federal regulations for a financial institution. This program will cover the basic understanding of what each regulation is for and how the front line is responsible for its implementation.
Click here for more information or to register.
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MoneyPass Expands Network to Offer Surcharge-Free ATM Access in More Than 2,000 Walmart Stores
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| "The addition of the Walmart MoneyCenter Express fleet reinforces the convenience of MoneyPass for cardholders. Providing more than 23,000 surcharge-free ATM locations helps our cardholders save time, as well as money. These new locations are the perfect fit," said Douglas Miraglia, MoneyPass president. Read more>> |
BVS Performance Systems Now Offers 250 Dynamic Learning Courses for Banks
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| The Dynamic Learning Process is designed to grab the attention of busy bank employees and enable them to retain key lessons in a short time through interactive videos, games and real-world situations that create a more enjoyable experience for the learner. Read more>> |
