What's New?

New Partnership Brings Novel Marketing Angle to Ohio Banks

The OBL has partnered with DistrictWON, a firm that specializes in linking brand messages to communities via high school partnerships that are mutually beneficial and purpose-based. Find out more.

 

Headlines

May18 Nonbank Financial Companies Now Covered By Consumer Laws

The Consumer Financial Protection Bureau (CFPB) recently welcomed nonbank fintech companies to the world of CFPB regulation. It did so by announcing its intent to use its long-dormant authority to hold nonbank financial companies to the same standards as traditional banking institutions when it comes to consumer financial products and services.

The CFPB will now have the authority to supervise certain nonbanks “whose activities the CFPB has reasonable cause to determine pose risks to consumers” under federal consumer protection laws. .

May11 Senators Push FinCEN To Implement Beneficial Ownership Reform
This week a bipartisan group of US Senators called on FinCEN to move quicker on beneficial ownership reform. A year after the Corporate Transparency Act was passed, FinCEN has not made any substantial progress on a national beneficial ownership registry.

Upcoming Events

2022 OBL Marketing Forum Session
May 19, 2022 - May 19, 2022
Continues May 19

2022 OBL CFO Forum Session
May 23, 2022 - May 23, 2022
Continues May 23

Managing a Successful Branch: A Managers Bootcamp
May 24, 2022 - May 24, 2022
Session 1 of the Branch Managers Bootcamp Summer Series

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