How Do I? As an Employer, Report Health Insurance Coverage?

  • March 31, 2014

One of the most complex, if not the most complex, provisions of the Patient Protection and Affordable Care Act is the...

Top 5 Concerns for Your Bank’s Next IT Review

  • March 11, 2014

written by Chris Griesemer Before regulators arrive for your banks next IT Review, do you ever find wonder what topics they...

UDAAP and Disparate Impact Update

  • November 8, 2013

Some community banks believe that they are not subject to the unfair, deceptive or abusive acts or practices (collectively referred to...

Hot Topics for Community Banks – What I Learned at the 2011 FMS Conference

  • July 20, 2011

written by Chris Griesemer This past June, Tom Beisner and I went to Boca Raton to attend the Finance and Accounting...

Did The Repeal Of Glass-Steagall Contribute To The Financial Meltdown?

  • December 17, 2009

As a consultant to community banks, I was excited when Glass-Steagall was repealed in 1999. I saw it as an opportunity for community banks to offer additional services to their current customers and to find additional revenue sources to build value for their owners. What I didn't see was how the large banks would be able to leverage FDIC insured deposits to make risky investments in CDO's and CMO's that would ultimately lead to the financial meltdown nine years later.

Deferred Tax Assets For Banks May Be Questioned By Regulators

  • December 7, 2009

Deferred tax assets on a bank's balance sheets have always been a problem for regulators. Most of the deferred tax assets are currently disallowed for capital purposes. And now with banks piling up losses and creating deferred tax assets due to net operating loss carryovers regulators are taking a harder look at these assets. Writedowns of these assets are expected and will more likely hurt regional and community banks.

Thomas Jefferson’s Top 10 Quotes On Money And Banking

  • November 2, 2009

Nothing ever changes. Thomas Jefferson was criticizing big banks at the beginning of our history... From the Daily Bail, a website devoted to bailout news, opinion and analysis: Can We Party like it's 1776 and Just Start Over? Thomas Jefferson's Top 10 Quotes on Money and Banking

(Unofficial) Problem Bank List

  • September 22, 2009

I found this list of problem banks published by www.calculatedriskblog.com. This list is sortable and even includes the type of Enforcement Action, the reason and the agency.

Consumer Financial Protection Agency A Bad Idea!

  • August 4, 2009

The American Bankers Association (ABA) and most bankers believe that the creation of a new regulatory agency to oversee consumer protection is a bad idea. The ABA on it's website is "asking all bankers to contact their Members of Congress to let them know that creating creating a new consumer agency is not the solution. It would only complicate our existing regulatory structure by adding another layer of bureacuracy with no guarantee of better consumer protection."