Alabama Bank News

by Jeffrey Barringer Lenders new to the manufactured housing market, or those that exited the market and are now reentering, may be surprised by the limitations imposed on how potential borrowers find financing at a retailer. The Shift to a Direct Lending Model Prior ...Read More

by James H. White III and Michael G. Rediker Among the major uncertainties surrounding corporate mergers and divestitures is the judicial appraisal process for mergers and asset sales where a court can be called upon to second guess the deal terms negotiated by the ...Read More

by Rob Nichols, president and CEO of the American Bankers Association One of the reasons the banking industry is seeing an improved policy environment in Washington is because bankers have spent the last few years telling their stories. They didn’t ask for regulatory relief ...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

Last year’s tax bill, the Tax Cuts and Jobs Act, contained a provision for a tax credit for employers who offer paid FMLA time; subject to a number of conditions discussed by IRS below. This credit is essentially for 12½ percent of FMLA pay ...Read More

By Jennifer Kirby, Compliance Alliance Nearly a year ago, a Texas district court judge completely rejected investment industry advocacy groups’ arguments that the Department of Labor exceeded its authority in crafting the Fiduciary Rule. On March 15,  the United States Court of Appeals for the ...Read More

With two days remaining in the proposed schedule for the 2018 Regular Session, all of the three bills still being tracked by the association are in position to pass before the final day adjourns next week. First, House Bill 417, a bill Rep. Chris ...Read More