11.21.11
This article examines the key responsibilities of bank directors in governance and the important practices they should follow.
11.03.11
Over 400 banks have been closed since the onset of the financial crisis in mid-2008.
09.07.11
As fall arrives and football returns, banking headlines seem removed from the daily challenges and operations of community banks.
08.10.11
In a recent ruling, the federal court in Los Angeles found that directors of a failed credit union were not liable for acts alleged to be negligent because the actions of the directors were protected by the so-called business judgment rule.
06.30.11
On June 29, 2011, the Federal Reserve published its final rule, known as Regulation II, Debit Card Interchange Fees and Routing (the “Rule”), which implements Section 1075 of the Dodd–Frank Wall Street Reform and Consumer Protection Act.
06.21.11
Although ignorance may be bliss some of the time, community banks with assets under $10 billion are at significant risk if they ignore the June 2011 joint regulatory proposed guidance (and ultimately, the final guidance) on stress testing.
04.19.11
The Federal Reserve Board took its first steps last week into the world of regulating savings and loan holding companies.
03.29.11
As the deadline set by the Dodd-Frank Act approaches, six regulatory agencies announced that during the course of this week, all of them would consider a uniform joint regulation to implement Section 941(b) of that Act.
02.18.11
In the zeal to stall lenders’ efforts to foreclose on woefully delinquent mortgages, the plaintiff bar has put forward a variety of theories.
02.14.11
With considerable fanfare, the FDIC has passed and then quickly announced its proposed rules implementing Section 936 of the Dodd-Frank legislation—even before the other regulatory agencies could put their own imprimatur on the jointly developed proposal.