Feb21 Proposed House Bill Would Set Time Limits on Merger Applications
A proposed bill in the House would require the Federal Reserve to act on merger applications within 90 days of receiving the requests.
Feb21 FinCEN Publishes Beneficial Ownership Information Guide for Small FI's
A small entity compliance guide was published by FinCen that provides an overview of requirements for small financial institutions that are authorized to access Beneficial Ownership Information.
Feb14 Electronic Signatures Refresher: Practical Considerations for Ohio Financial Institutions
While the use and adoption of electronic signatures was already steadily trending up, the onset of the COVID-19 pandemic required many businesses, including financial institutions, to embrace these practices out of necessity. Post-pandemic, with remote and hybrid work here to stay, the use of electronic signatures has now become a widely accepted business practice.