Industry Reports Archive

In late January of 2018, FinCEN announced the update to the Suspicious Activity Report (SAR) that will be available on June 22, 2018. The updated SAR form has been revised and includes half a dozen changes. These changes include: a new field that will ...Read More

Background On March 14, the United States Senate passed S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, which if enacted would provide significant regulatory relief to smaller financial institutions, including community banks, credit unions, midsize banks, small regional banks, and custody ...Read More

by Andrew Nix, Maynard Cooper & Gale Life as a community bank has become increasingly challenging in recent years, with massive increases in regulatory burdens, compliance costs and capital requirements on top of industry consolidation and impediments to quality asset growth.  There are a ...Read More