Reading Time: 3 minutesWhile the IFPA is an Illinois state law, it applies to electronic payment transactions that occur in Illinois, regardless of whether the card issuer is an Illinois financial institution.
One of the greatest challenges for bank compliance officers is transforming this critical requirement from something employees dread into an experience that is both engaging and effective.
Reading Time: 4 minutesCommunity banks are the backbone of local economies, and the regulatory environment that governs them is undergoing significant change.
Reading Time: 2 minutesThese updates address outdated fixed-dollar thresholds that subjected smaller banks to requirements meant for larger ones.
Reading Time: 3 minutesThere are several Indiana laws that address privacy and data security issues, including the Indiana Consumer Data Protection Act and the Indiana Disclosure of Security Breach Act.
Reading Time: 2 minutesIn principle, SNDAs serve to benefit both the tenant and lender by outlining various rights of both parties, primarily by dealing with what happens in the event of a borrower/landlord default.
Reading Time: 3 minutesAn Aug. 7, 2025, executive order from the Trump administration asserts that certain Americans have faced discrimination in banking due to their “political affiliation, religious beliefs, or lawful business activity.”
Reading Time: 2 minutesA DACA is the method by which a depositor grants a lender a security interest in its deposit account.
Reading Time: 2 minutesThe bank must be able to prove the customer authorized the payment order, and that its security procedures were “commercially reasonable.”
Reading Time: 4 minutesPresident Donald Trump issued an executive order shortly after re-taking office in January 2025 following the rationale of two U.S. Supreme Court decisions from 2023.
Reading Time: 3 minutesThe exhaustion of FMLA leave is not the end of the analysis, but a turning point where ADA obligations take center stage.
Reading Time: 3 minutesWhile the IFPA is an Illinois state law, it applies to electronic payment transactions that occur in Illinois, regardless of whether the card issuer is an Illinois financial institution.
Reading Time: 2 minutesThe foundational strength and relevancy of the commercial banking industry have never been more resilient.
Reading Time: 2 minutesWe have so much to celebrate about our past and anticipate with our future, it’s difficult to choose where to start.
