Bank Law Monitor
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Thinking About Electing the CBLR? One Size Does Not Fit All
Now that the dust has settled on the revisions to the Community Bank Leverage Ratio (“CBLR”) framework, the focus is shifting from understanding what has changed to deciding whether the revised framework is worth electing. The CBLR framework allows q...
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Scam Likely: The Call Is Coming from Inside the Bank — Or Is It?
Welcome to the first installment of our “Scam Likely” series where we blow the lid off recent scams, frauds, and other financial crimes. People in the U.S. are losing an estimated $119 billion to scams every year. On top of that, for many banks, th...
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A Ba(n)ker’s Dozen: Ending the De Novo Drought in Oregon
Thirteen …
Oregon has only 13 state-chartered banks left (soon to be 12).
In fact, the last bank formed in Oregon was in 2007.
Recognizing this drought, Oregon is making big moves to change that.
Last week, Oregon passed a historic bill
to incentiv...
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A Dummy’s Guide to the GENIUS Act (and Stablecoins)
It is the new buzz word: stablecoin.
What is it, and why should you care?
Here is a rundown of what you should know:
The GENIUS Act.
In July, President Trump signed the GENIUS Act into law. The Act creates a federal regulatory framework for stablec...
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Regulatory Update: Final Rule on Courtesy Overdraft Services
The Consumer Financial Protection Bureau (CFPB) has finalized its proposed rule that aims to close what CFPB Director Rohit Chopra has characterized as a “loophole” from certain consumer financial protection laws.
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Meet Diana Ramos, Our Newest Financial Services Attorney
The Miller Nash financial services industry team is thrilled to welcome Diana Ramos. Diana is a seasoned banking industry professional who will be working in our Portland office. She assists banks, credit unions, and other financial institutions with...
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