EPISODE · Mar 28, 2023 · 21 MIN
Why Two Local Banks Are on a Watchlist
from City Cast Salt Lake · host City Cast
A handful of Utah banks — including two in Salt Lake — have been put on a national watchlist for predatory lending practices. That has us worried! University of Utah law professor Chris Peterson, who specializes in consumer protection, joins host Ali Vallarta to break-down how Utah started exporting triple-digit interest rates — and whether it’s an indictment of FinTech. Read Christie Porter’s piece in Salt Lake Magazine about the potential impact of Silicon Valley Bank’s demise in Utah. Subscribe to our daily morning newsletter. You can find us on Instagram @CityCastSLC and Twitter @CityCastSLC. Looking to advertise on City Cast Salt Lake? Check out our options for podcast and newsletter ads.
What this episode covers
A handful of Utah banks — including two in Salt Lake — have been put on a national watchlist for predatory lending practices. That has us worried! University of Utah law professor Chris Peterson, who specializes in consumer protection, joins host Ali Vallarta to break-down how Utah started exporting triple-digit interest rates — and whether it’s an indictment of FinTech. Read Christie Porter’s piece in Salt Lake Magazine about the potential impact of Silicon Valley Bank’s demise in Utah. Subscribe to our daily morning newsletter. You can find us on Instagram @CityCastSLC and Twitter @CityCastSLC. Looking to advertise on City Cast Salt Lake? Check out our options for podcast and newsletter ads.
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Why Two Local Banks Are on a Watchlist
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