Crystal N. Kaldjob is an associate in the Financial Services Group of Morrison & Foerster’s Washington, D.C. office.

Crystal’s practice focuses on advising financial services clients on a wide range of issues in regulatory and transactional contexts. Crystal’s transactional experience includes counseling financial institutions on strategic partnerships, asset purchases, initial public offerings, and loan portfolio sales and acquisitions, as well as reviewing, drafting, and negotiating agreements related to consumer products, including private label and co-branded credit cards. Her regulatory experience involves advising financial institutions and Fintech companies on compliance with consumer and retail banking laws, including laws related to the offering and operation of products and services, including credit and debit cards and payment products and lending.

Prior to joining Morrison & Foerster, Crystal worked as a financial services associate at an international law firm where she focused on transactional matters involving strategic partnerships and payments systems, as well as counseling bank and non-bank clients on state and federal banking laws.

Representative Experience

Strategic Partnerships

• Represented large retailer in negotiation of a private label and co-brand credit card agreement. 
• Represented a hotel and lodging company in the negotiation of a co-brand credit card agreement and network agreements with dual issuers.
• Represented a national bank in staged transaction involving sale of portfolio and negotiations of credit card program agreements.
• Represented an airline in the negotiation of a co-brand credit card and card acceptance agreements.
• Represented a national bank in the negotiation of credit card processing agreement with merchant processor.
• Represented a clothing retailer in the negotiation of a private label credit card agreement, and counseled on designing and implementing loyalty program.
• Represented a financial institution in the negotiation of a private label credit card agreement and portfolio purchase and sale agreement.
• Represented an online marketplace in the negotiation of a co-brand credit card agreement.
• Represented a retailer in the negotiation of payment processing agreement for its online marketplace.
• Represented a national bank in the negotiation of portfolio purchase and sale agreements involving credit card receivables, student loans, and other consumer loans.

FinTech

• Represented a Fintech company in negotiation of lending partnership with bank.
• Represented a large retailer and a bank in negotiation of point-of-sale financing offerings.
• Counseled a national bank on structuring and regulatory considerations of bank partnership model.
• Counseled a web services provider on the launch of social savings app.
• Counseled a marketplace lender regarding regulatory compliance with consumer financial services laws, including state licensing and federal consumer protection laws.
• Counseled a start-up lender on compliance with consumer financial services laws, and the drafting of borrower loan agreements.
• Counseled an online lender on launch of consumer lending program, including providing advice on state licensing and compliance with federal consumer protection laws.