Richard's Rapid Fire

  • May 5, 2017
    Dodd-Frank Reform Passes House Financial Services Committee, Interchange Included (Senate has not even started) • Today is OCC Comptroller’s Curry’s Last Day • First Tennessee Becomes a $40 Billion Bank • 70% of all Small Business Loans Made by Banks Greater than $1 Billion in Assets • ICBA’s Cam Fine Retiring • My Panel at Fiserv Forum • Representatives Introduce HMDA Bill • High School...
  • April 28, 2017
    CHOICE 2.0’s Day in the Sun: Here we go! The House Financial Services Committee is planning to mark-up the Financial CHOICE Act 2.0 on Tuesday, May 2, 2017. For those not familiar with such political processes, a mark-up is when a committee debates, amends, and/or rewrites proposed legislation. Experts, politicos, and reporters have been weighing in on whether the bill will be able to generate...
  • April 21, 2017
    Lifelong Democrat and Former Fed Chair Breaks Party Ranks on CFPB Holy smokes, lifelong Democrat and former Federal Reserve Chair Paul Volcker disagrees with Senate Democrats’ approach to CFPB reform. Speaking at the annual Bretton Woods Committee meeting, Volcker said it is “perfectly reasonable” to question the CFPB’s governing structure. Taking this a step further, he argued a bipartisan...
  • April 14, 2017
    Richard Davis’ CBA LIVE Farewell: One for the Record Among the many great moments from CBA LIVE, one stood out the most. U.S. Bank Chairman and CEO Richard Davis – in what was one of his last public appearances before retirement – looked to the audience during his closing remarks and said, “How perfect is it that I am closing out here with CBA. My whole life has been consumer banking. I am...
  • April 7, 2017
    CBA LIVE 2017 in the Lone Star State is best described as legendary . From April 3-5 in Dallas, we were thrilled to welcome the largest-ever crowd – 1,400+ attendees including more than 620 retail bankers -for Retail Banking’s premier event. On Sunday, our Board, Committee and Council members discussed key issues at in-person meetings, and we capped off the night with our annual Chairman’s Event...
  • March 30, 2017
    CBA LIVE: Where [ it ] Begins Kicks Off in Dallas on Monday With bags, boots, and tickets in hand, we are rolling out to Dallas. Next stop, CBA LIVE. With record-breaking attendance, some members of the CBA Team are already on the ground preparing for the arrival of over 1,400 retail banking leaders. Can’t wait to take part in the action? Neither can we. Here is a preview of what to expect at...
  • March 24, 2017
    Wishing Former CBA Board Chair Mary Navarro of Huntington Well in Retirement Mary Navarro has been an indefatigable asset to CBA since she first joined our board in 2004 and served as Chair in 2011. There are very few in the industry who know the heart of retail banking as well as she does. Her dedication, passion, and care for this industry has been a shining light for CBA during what has been a...
  • March 17, 2017
    Three Weeks to CBA LIVE: Get Your Boots and Jeans Ready! With record-breaking banker attendance, a sold-out exhibit hall and over 1,300 attendees, CBA LIVE: Where [ it ] Begins is 2017's biggest retail banking event of the year. Be sure to join us in Dallas, April 3-5, at the Gaylord Texan to catch entrepreneur, Heisman Trophy winner and former Dallas Cowboys Quarterback Roger Staubach ,...
  • March 10, 2017
    Will the CFPB Cease Rulemaking in 2017? The year is well underway, and the CFPB has yet to release a new rule (no complaints here). To me, there are four possible rulemakings the Bureau could finalize before Director Cordray leaves office. They are: Arbitration; Small-Dollar; Debt Collection; and Overdraft Should the Bureau issue a rule, the Congressional Review Act would allow Congress to...
  • March 3, 2017
    Remembering Mark Czarnecki’s Leadership We are deeply saddened by the passing of our former Board Member, Mark Czarnecki , President and COO of M&T Bank. Mark was one of the first Board Members I met when I joined CBA in 2009. He provided me with keen insights and a steady hand during turbulent economic times. Mark began serving M&T customers in 1977 as an assistant branch manager before...

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