Breaking Archive

by Nancy A. Bush, CFA, NAB Research, LLC for Banks Street Partners, LLC LIFTOFF – FINALLY? Was this finally it—the quarter which we had long awaited? Was this the quarter when the optimism that had been expressed for months by bank CEOs finally became ...Read More

By John Berteau, Associate General Counsel For banks, environmental risk management addresses concerns about the present by looking into the past and gazing into the future. A good environmental risk policy looks to the past to identify existing environmental liabilities before making loans secured ...Read More

By Kelly Flynn, John M.Floyd & Associates From Thanksgiving Day through Black Friday and Cyber Monday in 2017, more than 174 million Americans shopped in stores and online, spending an average of $335 per person. They saved maybe $50 here or $100 there. And that’s great for ...Read More

Question: Under Reg. DD, if a time account product is advertised generally is there a requirement to provide the term for CDs if a specific CD product is not advertised, and instead, simply that time accounts are among products offered? Answer: No, you’re not ...Read More

by Fob H. James, IV, Burr Forman Mobile devices are widely used by employees of banks for good reason. They facilitate efficiency and productivity by allowing employees to work and communicate on the go; however, there is always a catch. The downside of authorizing ...Read More

Question: Our bank has an affiliate that purchases account receivables. The affiliate orders consumer reports in order to conduct their business. One of their customers applied to our bank for a commercial loan. The affiliate, having obtained a credit report on the guarantor, provided ...Read More

by Charles W. Prueter The Supreme Court soon may take up an important case focusing on the balance of power in the NBA. No, it is not a challenge to the monopoly that the Golden State Warriors currently have on talent and championships in ...Read More