Legal | Alabama Bank News

Need More Capital? Relief May be on the Way

Board Briefs, Breaking, Industry Reports, Legal, Publications

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

Supreme Court Update for Banking and Financial Services Professionals

Breaking, Legal, Publications

by Charles W. Prueter The Supreme Court picked up its pace in the last week of February, issuing seven decisions in argued cases. (The Court thereby nearly tripled its entire output in such cases since the beginning of the term in October 2017.) Two ...Read More

Capitol Notes: Week Six

Breaking, Capitol Notes, Legal, Politics, Publications

FEBRUARY 16, 2018 — The sixth week of the 2018 Regular Session saw two association-backed bills take major steps toward enactment as well as the introduction of three bills that the association had been working on for some time behind-the-scenes. On Tuesday, the Senate ...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

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