Iowa Banking Law Blog

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Updated legal information for the financial institution industry.

Author: Dickinson Mackaman Tyler & Hagen has offices in Washington, D.C., and Des Moines, Iowa.

Blawg Related Categories: Banking Law • States • Iowa • Law Firm

Recent Posts from Iowa Banking Law Blog

Carbon Credit / Offset Primer
Carbon credits and offsets have been in the news a lot lately and have been a speaking point for many of the presidential candidates. In the not too distant future, your bank may encounter a…
Eight Circuit Confirms Blanket Bankers Bond Does Not Cover Bank's Losses
In a recent case, Ohio Savings Bank (“OSB”) sought indemnity for losses under a bankers blanket bond issued by Progressive Casualty Insurance Co. (“Progressive”). OSB incurred losses after buying loans which went into default as…
FDIC Home Ownership Preservation Loan Proposal
The FDIC has recently proposed that Congress allow the Treasury Department to make loans to borrowers with unaffordable mortgages to pay down up to 20% of principal, with the repayment and financing costs to be…
State Bank Acquistion of Interest in Wind Energy
On May 1, 2008, the Governor signed Senate File 2405 into law. SF 2405 provides for state bank acquisition of an equity interest in wind energy production facilities and eligibility for production tax credits. It…
OTS Authorizes Establishment of Foreign Subsidiary; Employment Articles
I neglected to post a link to the January / February Community Bank Brief. Click here for a pdf of the newsletter, which contains an article on the OTS's approval of a federal savings bank's…
Iowa LLC Blog
As you may know, Iowa is one of the first states to adopt the Revised Uniform Limited Liability Company Act. Effective January 1, 2009 the new Iowa Code Chapter 489 will take effect. Marc Ward,…
Uk Rules that Overdraft Fees Can be Judged for Fairness
Overdraft fees have been a point of contention for consumer groups in the U.S. for some time now. There have been claims that overdraft fees are not adequately disclosed at the time accounts are opened,…
Is LIBOR Accurate?
The Banking Law Prof Blog has a brief discussion and link to a Wall Street Journal article suggesting that LIBOR (the London inter-bank offered rate) may be artificially low. Banks in trouble may have been…
Fed Approves Energy Managment and Tolling
The Royal Bank of Scotland submitted an application with the Board of Governors to engage in physical commodity trading, energy management services, and energy tolling. The Board stated that it had previously found physical commodity…
Subpoena Scam
If you get an email purporting to be a Subpoena in a Civil Case in California Federal Court do not open the attachment and do not click on any links in the email. There is…