Nutter Bank Report: January 2022 | Nutter McClennen & Fish LLP
Federal Reserve Considers Merits of Creating a U.S. Dollar Digital Currency The Federal Reserve has published a discussion paper that examines the pros and cons...
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Federal Reserve Considers Merits of Creating a U.S. Dollar Digital Currency The Federal Reserve has published a discussion paper that examines the pros and cons...
27.01.2022 - Alerus Financial Corporation (Nasdaq: ALRS) reported net income of $12.7 million for the fourth quarter of 2021, or $0.72 per diluted common share, compared to net income of $13.1 million, or $0.74 per diluted common share, for the third quarter of ...
Effective January 10, 2022, the Federal Deposit Insurance Corporation (“FDIC”) issued a final rule (the “Primary Purpose Rule”) that adds a specific business relationship that...
Agency: " Federal Deposit Insurance Corporation." SUMMARY: The FDIC is identifying an additional business relationship, or "designated exception," that meets the "primary purpose" exception to the deposit broker definition. FOR FURTHER INFORMATION CONTACT: Division of Risk Management Supervision: Rae-Ann Miller, Associate Director, 898-3898,...
In an update earlier this month from the Federal Reserve Bank of Kansas City, “Limited Demand for Farm Loans, But Strong Profits for Ag Banks,” Nathan Kauffman and Ty Kreitman stated that, "Agricultural lending at commercial banks continued to decline but showed some signs of stabilizing in the third quarter."