Bank Law Monitor
All Articles
Scam Likely: Better Call Vendor
Welcome to the third installment of our “Scam Likely” series. In our prior posts, we examined bank impersonation scams and romance scams; here, we turn to a threat that hits even closer to home: invoice fraud.
The Set Up
Your accounting department ju...
Continue Reading >
Scam Likely: (S)he’s Just Not That Into You
Welcome to the second installment of our “Scam Likely” series where we blow the lid off recent scams, frauds, and other financial crimes. In our first post, we examined the growing threat of bank impersonation scams and the staggering financial losse...
Continue Reading >
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...
Continue Reading >
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...
Continue Reading >
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...
Continue Reading >
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...
Continue Reading >