Small Businesses and Community Banks Suffer Under CFPB’s Final Rule Implementing Section 1071

MIKE MAULDIN, F. Scott Dueser Chair in Excellence in Banking, Rawls College of Business at Texas Tech University ARTHUR M. TRAN, John Massey School of Business at Southeastern Oklahoma State University DREW B. WINTERS, Lucille and Raymond Pickering Chair in Finance, Rawls College of Business at Texas Tech University The Dodd-Frank Wall Street Reform and … Read more

Amegy Bank’s Special Purpose Credit Program a Case Study in American Bankers Association’s Campaign

On February 21, the American Bankers Association (ABA) launched an online resource focused on special purpose credit programs (SPCPs), highlighting Houston-based Amegy Bank’s Small Business Diversity Banking Program (SBDBP) as the SPCP benchmark for banks across the nation. ABA’s webpage outlines how SPCPs work and includes a checklist for banks to follow when developing models … Read more

A Comment on Implementing Section 1071 of the Dodd-Frank Act

BAILEY ALLEN, PhD Student, Rawls College of Business, Texas Tech University MIKE MAULDIN, Director of the Excellence in Banking Program, Texas Tech University DREW WINTERS, Pickering Chair in Finance, Texas Tech University The Dodd-Frank Wall Street Reform and Consumer Protection Act (hereafter, Dodd-Frank Act) was created—according to the first paragraph of the act itself: “To … Read more