BankThink

On Sept. 30, 2016. Dollars in thousands.

Many banks are weighed down with orders tied to the Bank Secrecy Act and anti-money-laundering laws. Others are dealing with low Community Reinvestment Act ratings. Bank M&A and branching are typically off the table until such issues are addressed, but that doesn't mean all growth opportunities are gone. Here are some ways constrained banks might be able to add revenue while working through their regulatory challenges.

Regardless of what happens with the politically uncertain consumer bureau, consumer data access is an example of a CFPB issue that is apolitical.

Cyber and data security gets most of the attentions, but onsite security at bank branches shouldn’t be overlooked. Bank CEOs need to be on guard against violence in the workplace.

Customers of JPMorgan Chase will no longer have to surrender their bank credentials in order to use Intuit products like Mint, TurboTax or QuickBooks. o