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The Bank of Elk River wins two National Awards for Video Production featuring Elk River residents

The Bank of Elk River wins two National Awards for Video Production featuring Elk River residents The American Bankers Association (ABA) announced the winners of the third annual ABA Bank Marketing...

Oct 01, 2018
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Article

Fannie, Freddie Update PMI Standards

Fannie, Freddie Update PMI Standards Fannie Mae and Freddie Mac revised eligibility requirements for private mortgage insurers, the Federal Housing Finance Agency announced. The updates include...

Oct 01, 2018
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Article
Housing Finance/GSEs

Agencies Issue Customer Identification Program Exemptions

Agencies Issue Customer Identification Program Exemptions Federal regulators exempted loans for property and casualty insurance policies from Customer Identification Program rules. Banks engaging...

Oct 01, 2018
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Article
Compliance

DOJ Indicates Support for ADA Website Flexibility

DOJ Indicates Support for ADA Website Flexibility The Justice Department told members of Congress that it is evaluating whether to issue guidance on web accessibility standards under the Americans...

Sep 28, 2018
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Article
American Disabilities Act (ADA)

Free Credit Freezes Are Here

Free Credit Freezes Are Here A provision of S. 2155 requiring credit reporting agencies to freeze consumer credit reports at no charge took effect Friday. These security or credit freezes restrict...

Sep 24, 2018
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Statement on FDIC Call Report Proposal

ICBA Statement on FDIC Call Report Proposal ICBA President and CEO Rebeca Romero Rainey issued a statement on federal regulators’ proposed rule to implement quarterly reporting relief required by...

Nov 07, 2018
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Article
Call Report Regulatory Relief

FDIC Call Features S. 2155 Consumer Compliance Provisions

FDIC Call Features S. 2155 Consumer Compliance Provisions The FDIC is hosting an upcoming teleconference on consumer compliance topics related to the S. 2155 regulatory relief law. Scheduled for 2...

Oct 15, 2018
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Article
Compliance

FinCEN Issues Advisory on Iran

FinCEN Issues Advisory on Iran The Financial Crimes Enforcement Network issued an advisory to help financial institutions better detect and report potentially illicit transactions related to Iran....

Oct 15, 2018
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Article
Compliance