Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
FDIC releases 67 CRA evaluations
The FDIC has released a list of 67 state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers ratings assigned in October 2017. Seven of the banks listed received outstanding evaluation ratings. The remaining 60 institutions received satisfactory ratings.