Search for: "Federal Savings Bank, The"
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13 Jan 2021, 8:03 am
If businesses gain access to banking (if marijuana is descheduled at the federal level), federal tax deductions, or interstate trading, prices will most likely fall—reducing revenue in states relying on prices as a tax base. [read post]
13 Jan 2021, 7:21 am
The agency was charged with ensuring Fannie and Freddie, as well as the Office of Finance Federal Home Loan Bank System and the various Federal Home Loan Banks, operate in a “safe and sound manner” and foster “liquid, efficient, competitive, and resilient national housing finance markets. [read post]
12 Jan 2021, 12:10 pm
However, broad policy changes, such as the reduction in the corporate income tax rate to 21 percent and 100 percent bonus depreciation for certain assets, provided benefits to conventional and renewable energy firms alike.[17] Marathon Capital, an investment bank focused on energy and infrastructure, estimated that 100 percent bonus depreciation would increase project-level returns for wind projects by 50-60 basis points, and solar projects by 40-50 basis points, but the impact on… [read post]
11 Jan 2021, 8:19 am
In addition, it provides savers with a chance to get a better return than they would get with a standard savings account—especially with interest levels near zero. [read post]
8 Jan 2021, 11:01 am
Deutsche Bank – New York – $150 million. [read post]
8 Jan 2021, 10:31 am
His lawyers, Debra Katz and Lisa Banks, explained that Dr. [read post]
7 Jan 2021, 9:05 pm
The Office of the Comptroller of the Currency determined that federal savings associations and national banks can participate in blockchain networks and make transactions using stablecoins. [read post]
7 Jan 2021, 7:49 am
The revised Rule 195.5(a) also includes three new disclosures based on Federal Rule of Civil Procedure 26(a)(2)(B). [read post]
7 Jan 2021, 7:44 am
The OCC clarified that, as long as banks comply with applicable law and sound banking practices, “a national bank or federal savings association may validate, store, and record payments transactions by serving as a node on an INVN. [read post]
6 Jan 2021, 8:35 am
In addition to exempting commercial financing transactions in an amount greater than $500,000, the NYCFL exempts the following providers and transactions: A “financial institution” which includes federally- and state-chartered banks, savings banks, credit unions, trust companies, and industrial loan companies authorized to conduct business in New York A person acting in its capacity as a technology services provider, such as licensing software… [read post]
6 Jan 2021, 8:27 am
The Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1174 on January 4, 2021, clarifying the authority of national banks and federal savings associations to buy, sell, and issue stablecoins and participate in independent node verification networks (INVNs) in order to conduct payment activities and other bank-permissible functions. [read post]
4 Jan 2021, 2:02 pm
Federal Agencies Caution About COVID-Related Fraud According to the U.S. [read post]
24 Dec 2020, 12:30 am
Banks have it right. [read post]
22 Dec 2020, 11:06 am
The Chief Counsel of the Office of the Comptroller of the Currency has issued Interpretive Letter 1173, addressing national bank and federal savings association preemption of state law under the Dodd-Frank Act. [read post]
22 Dec 2020, 9:43 am
Please save the date on your calendar: January 21, 2021 @10:00am PTYou can also Register Here Topics will include: Trends and happenings in the industry impacting fintech companies, broker dealers, investment advisors and fund managersMajor issues from the SEC and courts in 2020The year of Bitcoin and DeFiFintech regulations and best practicesOther hot topics**** Sexual Harassment Training Required under California Law California state law now requires all employers with five or… [read post]
21 Dec 2020, 2:37 pm
It had no bank account, no offices and no phones. [read post]
18 Dec 2020, 7:01 am
§1463, which apply only to interest that a national bank or federal savings association may charge. [read post]
11 Dec 2020, 7:29 am
In the lawmakers’ view, innovative technologies such as the issuance of securities via distributed ledgers can improve the functioning of securities markets by making them more efficient, accessible, and transparent.In their letter, the lawmakers referenced the interpretive letter issued by the OCC on July 22, 2020, which clarified that national banks and federal savings associations of all sizes may provide custody services for cryptographic assets. [read post]
9 Dec 2020, 5:50 am
Leonard responded that unlike the OCC which has statutory authority to determine when a loan is made by a national bank or federal savings association, the FDIC does not have similar authority under the Federal Deposit Insurance Act to determine when a loan is made by a state bank. [read post]
8 Dec 2020, 10:49 am
The redesign and renovation features a whole new banking concept for Rosedale Federal. [read post]
