12/8-12/12/13 - Superintendent Lauren Kingry attended the Conference of State Bank Supervisors Board Meeting and Supervisors Symposium in Washington, DC. Some of the topics included state’s efforts to improve financial literacy, Bitcoin 101 & policy implications and emerging technology and cyber risks.
12/2-12/4/13 - Superintendent Kingry of AZDFI and SLC of the FFIEC, attended the Federal Financial Institution Examination Council meeting in Washington DC. The FFIEC is a formal inter-agency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the Board of Governors of the FRB, FDIC, NCUA, OCC and the CFPB.
11/19-11/20/2013 - Superintendent Lauren Kingry attended the Southwest Border Anti-Money Laundering Alliance in Austin Texas.
11/19-11/20/13 – Superintendent Lauren Kingry and Mark Murphy, Examiner attended the Southwest Border Anti-Money Laundering Alliance Organization Conference in Austin, Texas. These meetings are to keep Alliance-affiliated investigators, prosecutors, analysts and all levels of government in touch with each other for all aspects of money laundering between states and countries. This year Mark Murphy was a guest speaker on the creation and implementation of the Southwest Border Examination Alliance. Mr. Murphy spoke on why the examination alliance was formed and new best practices to enhance and support collaboration among state and federal southwest border area regulators. Mr. Murphy discussed the coordination of training for state and federal money transmitter examiners as well as specific goals for the Examination Alliance. He then followed up with a question and answer session.
11/12/13 – Richard Fergus, Licensing Manager was guest speaker at the monthly meeting of the Arizona Association of Mortgage Professionals (AzAMP) Southern Arizona Chapter. Mr. Fergus spoke on loan originator licensing, the National Mortgage Licensing System Uniform State Test and the Department’s areas of supervision. He then followed up with a question and answer session.
10/10/13- Superintendent Lauren W. Kingry and Tamilee U. Smull, Bank and Credit Union Manager, are pleased the Federal Financial Regulators and Deposit Insurance Agencies have encouraged institutions to work with borrowers who face temporary hardships due to the federal government shutdown. The Arizona Department of Financial Institutions agrees with joint agency statement issued by the Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Association, and Office of the Comptroller of the Currency on October 9, 2013.
Superintendent Kingry stated “During the recent recession and subsequent recovery, many Arizona lenders have successfully assisted their borrowers by granting prudent loan workout arrangements and providing suitable repayment alternatives during trying times. The current federal government situation is indicative of a natural risk when granting credit that is caused by unexpected change. The joint agency statement also accentuates the universal importance of the services provided by financial institutions for businesses, communities, and families during times of change and challenge.”
You can view a copy of release here. http://www.federalreserve.gov/newsevents/press/bcreg/20131009a.htm
9/20/2013 - Richard Fergus, Licensing Manager attended the AzAMP Arizona Association of Mortgage Professionals’ Fall Expo. The Fall Expo was held September 20 and 21 with a planned attendance of 200 people. The speaker for the luncheon was Marc Savitt, President of NAIHP (National Association of Independent Housing Professionals). Mr. Savitt spoke about loan originator compensation and what’s been happening at the CFPB (Consumer Financial Protection Bureau). The luncheon with Mr. Savitt as its speaker also served as a one hour of continuing education for licensed loan originators.
9/19/13- Robert Charlton, Assistant Superintendent & Financial Enterprise Manager was guest speaker at the LTAA (Land Title Association of Arizona’s Annual Convention). There were approximately 100 people in attendance. Mr. Charlton spoke about AZDFI which included the license types and growth in various areas, common escrow complaints and violations found on examinations. Mr. Charlton then fielded questions from the audience.
9/10/13-9/13/13 – Superintendent Lauren Kingry attended the CSBS (Conference of State Bank Supervisors) quarterly Board of Directors Meeting in Lexington, Kentucky. Mr. Kingry is currently Secretary of the Executive Board of Directors for CSBS. On Monday, the CSBS Education Foundation held a strategic planning session and held focus group meetings with an outside consultant regarding the accreditation program. On Tuesday, the State Regulatory Registry and Bankers Advisory Board also held meetings. The CSBS Board met on Wednesday, and the week concluded with a CSBS strategic planning session.
9/5/13- Superintendent Lauren Kingry was guest speaker at the annual Arizona Bankers Association Leadership College where he gave the “State of the State’s Financial prospective”. Mr. Kingry spoke of a general and consistent recovery to the Arizona banking environment.
8/9/13 – Robert Charlton, Financial Enterprise Manager was guest speaker at the Arizona Collectors Association Annual Meeting. Mr. Charlton spoke on AZDFI, our relationship with the CFPB (Consumer Financial Protection Bureau) and coming violations of collection agencies. There were approximately 50 collection agents in attendance.
8/6/13 – Louis Dettorre, Legislative Liaison and State Representative Kate Brophy McGee (LD-28), Chairman of the House Financial Institutions Committee, hosted the Arizona Mortgage Lenders Association (AMLA) at the Arizona State Capitol to discuss emerging industry issues and the Legislative process.
7/30/2013-8/1/2013- Superintendent Lauren Kingry, also CSBS District V Vice Chairman and Tamilee Smull, Financial Institutions manager attended the Western Region Regulator Interagency Meeting and District V Meeting held in San Francisco, California. Mr. Kingry gave the opening remarks along with Stan Ivie, FDIC, Teresa Curran, FRB, Kay Kowitt, OCC. Mr. Kingry participated on the State Regulator Panel as moderator discussing economic banking conditions. Superintendent Kingry also moderated the welcome and introductions for the District V meeting soliciting all representatives of the District V to share success stories and lessons learned, for their states.
6/14/13 – Superintendent Lauren Kingry and Louis Dettorre, Legislative Liaison attended the 2013 Arizona Mexico Commission Plenary Session at the Montelucia in Scottsdale. Mr. Kingry presented to the Financial, Business and Legal Services Committee on the topic of Cross-Border Currency and Deposit Regulations.
6/3/13 – Superintendent Lauren Kingry and Louis Dettorre, Legislative Liaison attended the Arizona Bankers Association’s Annual Convention. Mr. Kingry provided the association with a presentation on the “State of the State’s Financial Industry”.
5/19/13 – 5/22/13 – Superintendent Lauren Kingry attended the CSBS Supervisors Symposium in Nashville, TN to participate in briefings regarding regulation policy, legislative affairs, bank supervision, consumer protection, professional development and an NMLS update. The new CSBS officers for 2013-2014 were also sworn in at the Symposium. Superintendent Lauren Kingry was elected as Secretary to the Executive Committee of the Conference of State Bank Supervisors for 2012-2013.
5/20/13- Superintendent Lauren Kingry elected as Secretary to the Executive Committee of the Conference of State Bank Supervisors for 2012-2013. The announcement of the Board and Officers follows a meeting of the Board of Directors held in conjunction with the CSBS State-Federal Supervisory Forum in Nashville, Tennessee which the Superintendent attended on May 19th – 22, 2013.
4/5/2013 - Arizona Department of Financial Institutions Announces Receivership and Sale of Gold Canyon Bank, Gold Canyon, AZ. Read the Order Appointing the Receiver here
3/10/13 - 3/14/13 - Superintendent Lauren Kingry attended the CSBS Board Meeting and Fly-in to Washington D.C. with over 30 other state banking commissioners. Superintendent Kingry addressed the Chairman of the Federal Reserve, Mr. Ben Bernanke in a closed setting to discuss community banking. The CSBS and Mr. Kingry met with Representatives and staff of the House Committee on Financial Services which includes a member of the Arizona delegation.
2/26/13 - The AZDFI and Arizona Bankers Association held the first “Meet Your Regulators” event in the Executive Tower of the State Capitol on February 26th, 2013. Superintendent Lauren Kingry, Kathy Moe, Deputy Regional Director of the Federal Deposit Insurance Corporation, Edwin Chow, Regional Director of the Consumer Financial Protection Bureau, Richard Shershenovich, Jr., Director, Regional and Foreign Institutions Group, Federal Reserve Bank of San Francisco, Los Angeles Branch, and Steven Jacobs, Assistant Deputy Comptroller from the Phoenix Office of the Comptroller of the Currency all gave their take on emerging banking issues. More than fifty bankers from around the State were in attendance.
2/26/13- The AZDFI hosted Edwin Chow, Regional Director of the Consumer Financial Protection Bureau at the Department for a discussion on emerging enterprise issues. Nearly twenty representatives from licensed money transmitter and collection agencies were in attendance.
02/25/13 – 03/02/13 – AZDFI is participating in the 2013 America Saves Week, and we would like you to join us and the hundreds of organizations nationwide by participating in this annual event. To participate in America Saves Week, or for more information, visit http://www.americasavesweek.org.
01/22/13 – 01/24/13- Superintendent Lauren Kingry attended the FRB Western District Interagency Meeting and the CSBS Region V Semi-Annual meeting sponsored by the Federal Reserve System in San Francisco. Some of the topics of this meeting included Dodd Frank rulemaking and its effect on community bank supervision, banking conditions, mobile banking and payment issues, internet payday lenders working with tribal communities, and member business loan caps for credit unions. Superintendent Kingry was elected for a two year term as CSBS Chairman of District V which includes Alaska, Arizona, California, Guam, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, and Washington.
01/08/13 - Superintendent Lauren Kingry and Louis Dettorre, Legislative Liaison attended a 2013 Economic Outlook discussion hosted by the Construction Management Association of America – AZ, The Association of General Contractors – Arizona Branch, and the Arizona Builders’ Alliance. Mr. Kingry sat on a panel that discussed current challenges of economic growth and recovery, condition of banks in Arizona, and the general outlook of the land market