Reid Thomas

Chief Strategy Officer

Reid Thomas is Chief Strategy Officer at Ampersand, which offers deposit management services.

Regulation and compliance

Regulators should reexamine their assumptions about brokered deposits

Many deposits classified as brokered are actually very "sticky." Recognizing that would go a long way toward improving banks' stability.

By Reid Thomas

February 19

TRENDING

Artificial intelligence

Community banks grapple with policies to cover hidden risks of AI

Community banks are in the early days of experimenting with AI and the earlier days of writing policies to govern its usage. It's key to do both at once.

By Miriam Cross

3h ago
Consumer lending

After loss at Supreme Court, payday lenders vow to keep fighting CFPB

The payday loan industry is looking to extend its years-long legal fight with the Consumer Financial Protection Bureau. It's planning to ask a federal appeals court to revisit a ruling that upheld a proposed limit on how often payday lenders can try to pull money from their customers' accounts.

By Polo Rocha

May 17
Industry News

Another top NYCB executive hits the road as overhaul continues

New York Community Bancorp hasn't said who will replace Chief Operating Officer Julie Signorille-Browne, who is resigning amid a management shake-up.

By Catherine Leffert

May 17