David Loundy

Chairman and CEO

David Loundy is chairman and CEO of Devon Bank, a Chicago-based community bank with a national mortgage business. He is also an elected member director of the Federal Home Loan Bank of Chicago. He can be reached at David@DevonBank.com.

Regulation and compliance

Does the FHFA know what it's getting itself into?

Any comprehensive overhaul of the Federal Home Loan Bank System will have to navigate a dense thicket of countervailing regulatory and stakeholder priorities.

By David Loundy

September 13

TRENDING

Consumer lending

FDIC sides with Colorado in court tussle over high-cost loans

The Federal Deposit Insurance Corp. is arguing that Colorado has the right to establish an interest rate cap that all state-chartered banks must follow. Three industry groups are suing the state in an effort to stop its attempted crackdown.

By Kevin Wack

7h ago
Failures

Republic First fails; Fulton Bank acquires assets, branches

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

By Kyle Campbell

April 26
Politics and policy

Custodia to appeal ruling in Fed lawsuit

The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.

By Kyle Campbell

April 26