TOPIC: Legal

Premiere Credit Indiana Department of Revenue Tax Levies

VP at a bank ($809MUSA)
Good afternoon.  I am desperately searching for answers on how to handle IDR tax levies issued by Premiere Credit.  I have sought the advice of legal counsel but I really need to have a conversation with an Indiana bank that processes them.  Would someone be willing to speak with me on this topic who has a firm understanding of IC 34-55-10-2(c)(3) $400 intangible personal property exemption?  I am getting desperate and could use a life line!

    Legal Process Fees

    Employee at a bank ($2.5BUSA)
    Financial institutions in Minnesota, North Dakota, and South Dakota, I am wondering if you charge a fee for processing garnishments, sheriff levies, IRS levies, and subpoenas?  Does the bank take the fee upfront with any remaining funds held for garnishment, etc.?  If the account is currently overdrawn, do you still take the fee?  How much do you charge.

      Background checks on a credit decision

      Director at a Company (USA)
           Our bank is considering doing background checks as part of our credit decision. I would like some input on your thoughts to see what you think would most benefit a bank in this process. What features do you think would be most beneficial and why? What information would you consider required on the reports? I'm thinking criminal history and civil records. I also realize that criminal charges stays on the person's record even if the charges are dismissed, or the case ends in a not guilty verdict. Any thoughts would be great. Thank you in advance!

           Originally Posted by Cindy Riedmiller, Chief Compliance Officer-BSA Officer of Mission Bank, on 21 May 2019 to CBANC FI Professionals Community.

        Is This Partnership a Right Fit? More than 50 Banks Found Out Firsthand.

        In January, 56 community banks from 20 states joined Bankers Healthcare Group for a behind-the-curtain experience at our Informational Regional Seminar in Nashville, Tenn.

        Our 75 attendees heard from BHG’s Founder/Chairman/CEO Al Crawford and c-suite leadership team in finance, credit, underwriting, compliance, marketing, sales, and analytics. This was a great opportunity for them to learn about our business model, commercial medical loan program and financial strength, and uncover new revenue opportunities for their banks.

        We had a great mix of prospective customers and current customers from some of BHG’s 940 bank partners, which gave everyone a chance to network and learn. Prospective customers love to hear about the experiences of current customers, while current customers appreciate the business and product updates, as well as the opportunity to connect with key BHG contacts.

        Our seminars are a great way to get to know BHG—and we hold them throughout the year, across the country. If you’d like to attend an upcoming seminar, please email bhgbanks@bhg-inc.com or call 877-731-6562 to get the details!

        About BHG: Bankers Healthcare Group (BHG) is the leading provider of financial solutions for licensed healthcare professionals. The company originates, underwrites and funds medical and professional loans before selling them to local banks nationwide.

        To date, BHG has underwritten nearly $15 billion in commercial loan requests with an average size of $100,000, providing a network of more than 940 U.S. community banks a source for premium loans, portfolio diversification, and competitive yields without overhead costs traditionally associated with this quality borrower. Banks purchase BHG loans through a secure, online system that allows for daily sale and delivery of loans. This has been a highly effective channel for a bank to quickly approve and purchase loans according to their underwriting standards. BHG’s 2018 sales distribution has averaged $4 million per day and new loans are posted daily.

        Pinnacle Financial Partners, Inc., and its subsidiary Pinnacle Bank hold a 49% total interest in BHG.