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Special Edition Nutter Bank Report: COVID-19 Relief in the Consolidated Appropriations Act, 2021

USA - December 28 2020 A long-awaited bipartisan stimulus bill was signed into law by President Trump on December 27, 2020. Included in the law, known as the Consolidated…

Kenneth F. Ehrlich, Joshua E. French, Amanda Getchell, Matthew D. Hanaghan, Michael K. Krebs

Nutter Bank Report: December 2020

USA - December 22 2020 The FDIC has adopted a final rule that establishes new standards for determining whether deposits made through certain kinds of arrangements with…

Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs, Heather F. Merton

Fintech in Brief: Financial Trade Associations Oppose Novel OCC Charter with Uninsured Deposits

USA - December 9 2020 On December 7, 2020, several bank and credit union trade associations (collectively, the “Associations”) submitted a joint letter (the “Letter”)…

Seth P. Berman, William J. Bernat, Kenneth F. Ehrlich, Joshua E. French, Jeremy Halpern, Matthew D. Hanaghan, Kate Henry, Meghan E. Kelly, Michael K. Krebs, Armand J. Santaniello

Nutter Bank Report: November 2020

USA - November 24 2020 The member agencies of the Federal Financial Institutions Examination Council (“FFIEC”) have issued joint guidance for banking organizations that…

Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs, Heather F. Merton

2020 Federal Election: What Will the Ramifications Be for New England Businesses?

USA - November 19 2020 The results of this year’s national elections will have short- and long-term ramifications regarding how business will be run the next four years and…

Paul J. Ayoub