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Home / Top News / BCB Bancorp, Inc. Earns $7.1 Million in First Quarter 2021; Declares Quarterly Cash Dividend of $0.14 Per Share BCB Bancorp, Inc. Earns $7.1 Million in First Quarter 2021; Declares Quarterly Cash Dividend of $0.14 Per Share BAYONNE, N.J., April 21, 2021 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $7.1 million for the first quarter of 2021, compared to $7.3 ...

To embed, copy and paste the code into your website or blog: Rescission of Statement on Bureau Supervisory and Enforcement Response to COVID-19 Pandemic.  The CFPB issued a Statement on Bureau Supervisory and Enforcement Response to COVID-19 Pandemic (March 26, 2020).  That statement is rescinded as of April 1, 2020, and in the rescission document, the CFPB announces its intent to exercise its supervisory and enforcement authority consistent with the Dodd-Frank Act and with the full authorit...

On March 9, 2021, the Federal Reserve Board published a Supervision and Regulation Letter (SR 21-7) (the "SR Letter") containing guidance for examiners in assessing supervised firms'...

To print this article, all you need is to be registered or login on Mondaq.com. On March 9, 2021, the US Board of Governors of the Federal Reserve System ("FRB") issued SR 21-7, Assessing Supervised Institutions Plans to Transition Away from the Use of the LIBOR, providing guidance to its bank examiners on how to assess the progress of supervised institutions in preparing to transition away from U.S. dollar (USD) LIBOR as a reference rate. 1 This guidance is intended to...

266 The CARES Act was recently amended to include $3.5 billion of extended debt relief payments for SBA borrowers. The program will initially provide for 3 payments of principal and interest to a maximum of $9,000 per month under various criteria and then an additional 5 payments for borrowers considered “underserved” as defined in the amended legislation. Credit Quality and Performance At December 31, 2020, NPAs declined by $1.9 million, or (20%), to $7.9 million, compared to $9.8 millio...

Operator Good morning and welcome to Webster Financial Corporations Fourth Quarter 2020 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to introduce Websters Director of Investor Relations, Terry Mangan to introduce the call. Please go ahead, sir. Terrence K. Mangan -- Senior Vice President, Investor Relations Thank you, Daryl. Welcome to Webster. This conference is being recorded. Also, this presentation includes forward-looking statem...

To embed, copy and paste the code into your website or blog: On January 1, 2021, Congress overrode President Trump’s veto of the National Defense Authorization Act for Fiscal Year 2021, an omnibus bill that includes the Anti-Money Laundering Act of 2020 (the “AMLA”).[1] The AMLA represents one of the largest reforms of the United States anti-money laundering (“AML”) laws since the 2001 Patriot Act. These reforms include the creation of a national registry that tracks the beneficial ow...