2020-11-09
On November 9, 2020, YouFit Health Clubs, LLC, a Florida-based chain of budget-friendly fitness centers, filed for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-11-07
With a Democrat set to take the White House in January, the political balance at NCUA could shift amid changes for the CFPB and housing reform, and progressive banking ideas that were unthinkable over the past four years could gain traction.
Read More from: BankThink
2020-11-07
With a Democrat set to take the White House in January, the agenda for agencies like the CFPB could undergo a rapid transformation, housing finance reform could be turned on its head and progressive banking ideas that were unthinkable over the pas
Read More from: BankThink
2020-11-06
A final Senate breakdown still depends on the outcome in a few key races, but with Republicans closer to keeping power, Democrats' proposals to cap interest rates, create a postal banking system and establish a public credit reporting agency are l
Read More from: BankThink
2020-11-06
In a year with the Paycheck Protection Program, big banks tap brakes on SBA lending; what debt collectors can and can't do under CFPB rule; a look at who might craft regulatory policy in a Biden administration; and more from this week's most-read
Read More from: BankThink
2020-11-06
Vendors such as eFinancialCareers, Paradox and pymetrics work with banks to assess job applicants based on their skills and not other factors. But the technology has its limits.
Read More from: BankThink
2020-11-06
The industry has an opportunity to build deeper relationships with members right now by communicating in a proactive and empathetic way.
Read More from: BankThink
2020-11-06
The statement comes after multiple small and midsize institutions earlier this year warned the agencies that the secured overnight financing rate was ill-suited to them.
Read More from: BankThink
2020-11-06
The bank disclosed in a regulatory filing that it is in the process of responding to a civil subpoena from the Consumer Financial Protection Bureau.
Read More from: BankThink
2020-11-06
Figure Technolgies, the home equity lender founded by the former CEO of SoFi, is seeking a national bank charter so it can offer more products and services while reducing the need for state-by-state licenses.
Read More from: BankThink
2020-11-06
On November 6, 2020, Blitman Saratoga, LLC, the owner and builder of a residential single-home community in Saratoga Springs, NY named Beaver Pond Village, filed a voluntary
Read More from: Bankruptcy and Restructuring Law Monitor
2020-11-06
On November 6, 2020, Blitman Saratoga, LLC, the owner and builder of a residential single-home community in Saratoga Springs, NY named Beaver Pond Village, filed a voluntary
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-11-06
Banks must address the societal issues that resonate deeply with their customers and communities, says Regions Financial chief John Turner.
Read More from: BankThink
2020-11-06
Muhlenberg Community Hospital CU said in a notice to members it needed a merger partner in part because it did not have the resources to keep up with monitoring for "cybersecurity and terrorism activities."
Read More from: BankThink
2020-11-06
Integrity Bank for Business is being pursued by a group with ties to Heritage Bankshares, which was sold in 2016.
Read More from: BankThink
2020-11-06
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems.
Read More from: Levitt & Slafkes LLC
2020-11-06
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems.
Read More from: Levitt & Slafkes LLC
2020-11-06
Infinity FCU sought out a merger partner after realizing that even at $338 million in assets it was too small to provide the technologies members wanted. It could be a harbinger of more deals among larger players.
Read More from: BankThink
2020-11-05
Executives from a half-dozen major financial institutions avoided detailed commercial lending forecasts and gave a mixed outlook on consumer credit at an industry conference.
Read More from: BankThink