Many Bank Holding Companies (BHC) have shareholder/stockholder agreements that limit voting rights, transfer of shares and other restrictive provisions. The creation and implementation of these agreements occurred mainly when...more
Many Bank Holding Companies (BHCs) have shareholder/stockholder agreements that limit voting rights, buy-sell, transfer of shares and other restrictive provisions. The creation and implementation of these agreements occurred...more
Last month, the latest class action regarding bank-charged returned payment fees passed a motion to dismiss in Mawyer v. Atl. Union Bank. This comes on the heels of the Federal Deposit Insurance Corporation (FDIC)'s recent...more
5/19/2022
/ Banking Examinations ,
Breach of Contract ,
Class Action ,
Consumer Contracts ,
Deposit Accounts ,
FDIC ,
Fees ,
Financial Services Industry ,
Insufficient Funds ,
UDAP ,
Unfair or Deceptive Trade Practices
On April 6, 2020, the Federal Deposit Insurance Corporation (FDIC), Board of Governors of the Federal Reserve System, and Office of the Comptroller of the Currency issued two interim final rules that make changes to the...more
When you imagine banking 10, 15 or 25 years ago, you quickly realize the breathtaking pace of change affecting the industry. Consolidation, competition and convenience have redefined relationships and profit margins. And as...more
Many community banks received letters from advocacy group Access Now alleging that the banks' websites violated the Americans with Disabilities Act (ADA) for the visually impaired in provision of electronic information...more
12/1/2017
/ Accessibility Rules ,
Americans with Disabilities Act (ADA) ,
ATMs ,
Banking Sector ,
Community Banks ,
Disability Discrimination ,
Financial Institutions ,
Independent Community Bankers of America (ICBA) ,
Mobile Apps ,
Website Accessibility ,
Website Owner Liability
Federal regulators earlier this week issued a notice of proposed rulemaking to raise the threshold for commercial real estate transactions requiring an appraisal from the current level of $250,000 to $400,000. The agencies...more
On Friday, December 2, the Office of the Comptroller of Currency (OCC) announced that it would start considering applications for special purpose national bank charters from financial technology (fintech) companies. The OCC...more
The AOBA's "Acquire or Be Acquired" conference is the financial industry's premier bank M&A conference for bank CEOs, senior management and board members. The annual event brings together key leaders from across the country...more