January | 2018 | Alabama Bank News

Capitol Notes: Week Three

Breaking, Capitol Notes, Politics, Publications

JANUARY 26, 2018 — If I told you that two major topics of discussions in the Capital City this week were taxes and elections, you would probably think those conversations were taking place in Washington, D.C. But during the third week of the 2018 ...Read More

The Regulators are Coming, The Regulators are Coming…

Breaking, Industry Reports

By Darlia Fogarty The board believes the compliance officer has been given adequate policies, training and staff to ensure the bank will not encounter any issues when the regulators arrive for the compliance exam. So the exam should be a non-event right? Let’s talk ...Read More

From HVCRE to HVADC: What Community Banks Need to Know

Breaking, Industry Reports, Publications

by Jared Batte and Charles Moore, Bradley On Oct. 27, the federal banking agencies published a joint notice of proposed rulemaking (the “Proposal”) in the Federal Register that intends to simplify and clarify certain aspects of the Basel III capital rule. Among other things, the ...Read More

CAPITOL NOTES: Week Two

Breaking, Capitol Notes, Politics, Publications

JANUARY 19, 2018 — So, who was the most influential player during the second week of the 2018 Regular Session, you ask? The governor? The speaker of the house? How about a leading Democrat in the House of Representatives or a leading Republican in ...Read More

ABA Op-Ed Regarding Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155)

Breaking, Industry Reports, Politics

By Scott Latham The Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) gained new life upon its recent passage by the U. S. Senate Committee on Banking, Housing and Urban Affairs. After months of seemingly little hope, a group of 22 bipartisan ...Read More

Repeal of the CFPB Arbitration Rule a Relief for Banks and Financial Institutions

Breaking, Industry Reports, Legal, Publications

by Brian J. Malcom, Waller On Nov. 1, in an encouraging development for banks and financial institutions, President Trump signed a repeal of the Consumer Financial Protection Bureau’s (CFPB) rule prohibiting forced arbitration. The CFPB developed the rule to prevent banks and credit card ...Read More

Capitol Notes: Week One

Breaking, Capitol Notes, Industry Reports, Politics, Publications

JANUARY 12, 2018 — Week one of the Alabama Legislature’s 2018 Regular Session began with Gov. Kay Ivey’s first State of the State address. Focused primarily on her successes since taking over as head of state last April, Gov. Ivey touted Alabama’s surging economy ...Read More

Legislature Returns to Montgomery

Breaking, Capitol Notes

JANUARY 9, 2018 — Legislators return to Montgomery today for the fourth and final regular session of the current election cycle. Representatives and senators convened at noon to handle ceremonial matters such as the introduction of bills and resolutions. Later tonight, they will gather ...Read More

Repeal of the CFPB Arbitration Rule a Relief for Banks and Financial Institutions

Breaking, Industry Reports, Publications

by Brian J. Malcom, Waller On Nov. 1, in an encouraging development for banks and financial institutions, President Trump signed a repeal of the Consumer Financial Protection Bureau’s (CFPB) rule prohibiting forced arbitration. The CFPB developed the rule to prevent banks and credit card ...Read More

SBA Lending: Managing The Risk To Achieve The Reward

Breaking, Publications

By Jay Lucas, Porter Keadle Moore The relationship between small businesses and local financial institutions is a vital component of a healthy modern economy. Institutions fund local businesses that in turn, employ local workers, sell goods to local consumers, and if they are successful, ...Read More

Monthly Archive:: January 2018