Alabama Bank News

By Charles W. Prueter, Waller Awaiting the end of June with great anticipation is an annual affair for Court watchers around the country. Many of the most consequential and ground-breaking decisions each year are released in June, as the Supreme Court closes the term ...Read More

by Nancy A. Bush We have previously discussed at length the changes taking place in the competitive environment of the banking industry—the challenges facing the major banks as they continue to grapple with regulatory deposit caps, the cut-throat competition for both loans and deposits ...Read More

Through its state political action committee, BankPAC, the Alabama Bankers Association made numerous campaign contributions to candidates who emerged victorious from last night’s Republican and Democratic Primary Elections.  Specifically, candidates in 73 statewide executive, judicial, and legislative races received a combined total of $247,500 ...Read More

In late January of 2018, FinCEN announced the update to the Suspicious Activity Report (SAR) that will be available on June 22, 2018. The updated SAR form has been revised and includes half a dozen changes. These changes include: a new field that will ...Read More

by Jeffrey Barringer Lenders new to the manufactured housing market, or those that exited the market and are now reentering, may be surprised by the limitations imposed on how potential borrowers find financing at a retailer. The Shift to a Direct Lending Model Prior ...Read More

by James H. White III and Michael G. Rediker Among the major uncertainties surrounding corporate mergers and divestitures is the judicial appraisal process for mergers and asset sales where a court can be called upon to second guess the deal terms negotiated by the ...Read More

by Rob Nichols, president and CEO of the American Bankers Association One of the reasons the banking industry is seeing an improved policy environment in Washington is because bankers have spent the last few years telling their stories. They didn’t ask for regulatory relief ...Read More