Senate panel kills spending bill’s interchange provision
Banker News Clips, July 30, 2010
The Senate Appropriations Committee last night approved Sen. Susan Collins’ (R-Maine) amendment that strikes Sen. Richard Durbin’s (D-Ill.) interchange language and...
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New interchange language
Banker News Clips, July 29, 2010
WBA has received information regarding a potential vote on a new interchange amendment that mandates price controls during certain transactions. Senator Kohl sits...
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Anchor Bank sells four branches in Green Bay area
Banker News Clips, July 28, 2010
Anchor has completed the sale of four of its branches to Nicolet National Bank. The branches were in the Green Bay area and Nicolet took...
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M&I exec: Reform bill will have minimal impact on bank
Banker News Clips, July 27, 2010
The Wisconsin Bankers Association has consistently opposed the Dodd-Frank legislation, saying it will increase compliance costs, limit revenue opportunities and may force them to charge more for services...
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Perfect conditions for purchasing a new home
WBA Consumer Column, July 27, 2010
Conditions are perfect for purchasing a new home for those with good credit and are also positive for those refinancing a current house. Recently, two separate reports have shown...
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Compliance Journal
July 2010
Read "Special Focus" to learn about cases involving interest rates calculated on an Actual/360 basis. Next check "Regulatory Spotlight" for items that may be affected by the Dodd-Frank Act. Finally, turn to "Compliance Notes" for HUD's...
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Summit ascends to No. 1 in state
Banker News Clips, July 26, 2010
Through mergers and the growth of its existing business, Summit Credit Union, with assets of about $1.5 billion, has become the largest credit union in Wisconsin and it intends to keep climbing...
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Excluded from invitation list for Obama's signing of Wall Street reform
Banker News Clips, July 23, 2010
She noted that Cam Fine, the chief executive of the Independent Community Bankers of America, was invited because he “worked with the White House to support passage of financial regulation changes over the objections of the Republicans in Congress.”
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Obama signs financial regulation bill
Banker News Clips, July 22, 2010
President Obama on Wednesday signed into law the most sweeping overhaul of U.S. financial market regulations since the Great Depression...
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Park Bank warns of debit card scam
Banker News Clips, July 21, 2010
Park Bank is alerting both customers and non-customers about another scam using the Madison bank’s name...
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Obama Signs Financial-Regulation Bill
WBA Alert, July 21, 2010
President Obama on Wednesday signed into law the most sweeping overhaul of U.S. financial-market regulations since the Great Depression...
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Dodd-Frank Action Plan
WBA Executive Letter, July 20, 2010
The Dodd-Frank financial regulatory reform bill will soon be the law of the land. While the entire banking industry will need to do some...
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Refinancing keeping Milwaukee-area banks busy
Banker News Clips, July 20, 2010
With interest rates on 30-year fixed mortgages reaching all-time lows, refinancing activity in the Milwaukee area has spiked in recent weeks...
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Congress overhauls your portfolio
Banker News Clips, July 19, 2010
With all the talk of “systemic risk” and “too big to fail,” small investors might assume that the landmark Dodd-Frank financial overhaul bill has little bearing on their portfolios...
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Congress passes financial reform bill
Banker News Clips, July 16, 2010
Congress gave final approval Thursday to the most ambitious overhaul of financial regulation in generations...
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