by dehs | Sep 1, 2020 | Charles D. Gullickson, Financial Institutions, Recent News
It is a truism in banking that federal regulations are a burden for the industry, and bankers often cite compliance with federal regulations as a significant burden. In a rare exception to that truism, the Office of the Comptroller of the Currency and the Federal... 
by dehs | Sep 29, 2020 | Anthony M. Hohn, Financial Institutions, Litigation, Recent News
“Setoff” is the right of a depository bank to appropriate funds in a deposit account it controls to satisfy debt owed by a customer to that depository bank. The right of setoff is derived from common law principals of law and equity, and has long been recognized in... 
by dehs | Sep 18, 2020 | Anthony M. Hohn, Alayna A. Holmstrom, Employment Law, Litigation, Recent News
Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Alayna A. Holmstrom, to the firm. A native of Rapid City, South Dakota, Alayna Homstrom joined the firm as an associate attorney in September 2020. She is a graduate of... 
by dehs | Sep 17, 2020 | Financial Institutions, Recent News
On September 16, the Consumer Financial Protection Bureau (CFPB) announced the appointment of new members to its Community Bank Advisory Council (CBAC). CBAC members serve a two-year term and provide advice on how the CFPB’s policies and rulemakings affect community...