Links in “Banks”

Agency emphasizes guides are not substitutes for the underlying rules, but give an overview of them. [6/10]

Small bank in Nevada, 12-branch bank in Tennessee brings total number of bank failures year-to-date to 16, down from 28 at this time last year. [6/10]

Pew Report sets sights on Disclosure policies and Overdraft policies. [6/7]

They may not get the attention, but community banks represent 95 percent of all U.S. banking organizations, they account for almost half of all small loans to businesses and farms, and they are the only banking presence in 629 counties – almost a fifth of all counties – across America. [6/7]

CDFI is looking to award its 2013 Bank Enterprise Award (BEA), the CRA equivalent of the Oscar that recognizes superior community revitalization lending, investment and/or service efforts. Make your nomination through 7/12/2013. [6/6]

CFPB releases two new examiner manuals that cover compliance with the Truth-in-Lending Act (Reg. Z) and the Equal Credit Opportunity Act (Reg. B); yet to be addressed are the new mortgage servicing rules or the ability to repay rules, but the CFPB has advised that this information should be added in the next few months. [6/6]

Five steps any credit union can take to help safeguard member information. [6/6]

Among other things, procedures call for examiners to look for ethical standards in loan originators, including "character, fitness and financial responsibility" requirements. [6/6]

Study reports that 23% of data breach victims also become victims of fraud; provides several recommendations to financial institutions for ways to minimize fraud in these situations, such as not using social security numbers for authentication purposes. [6/5]

But the potential for malicious, manmade threats looms just as large, if not larger. [6/5]