American Banker
NOVEMBER 6, 2023
Months prior to its failure, Citizens Bank in Sac City had entered into a consent order with the Federal Deposit Insurance Corp. and the Iowa Division of Banking due to problems in its portfolio of commercial trucking loans.
PYMNTS
NOVEMBER 13, 2018
Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” This time around, Sweetbridge is using blockchain in a lending context.
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ABA Community Banking
MAY 27, 2020
Iowa Superintendent of Banking Jeff Plagge offers ideas for long-term solutions to get struggling businesses back on their feet after the lockdown. The post Podcast: Supporting Small Business Cashflows in the COVID Recovery appeared first on ABA Banking Journal.
CFPB Monitor
AUGUST 22, 2016
The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Community Bank Advisory Council Members. Ballard, Vice President and Director, First Iowa State Bank, Albia, IA.
Independent Banker
MAY 24, 2016
million farms and the community banks that lend to them each growing season, Scanlan points out. Community banks also are likely to see increased regulatory scrutiny of agricultural loans this year. Other changes in rural loan programs are affecting community banks. Ongoing concerns. Mitchell, Ky.
Jeff For Banks
DECEMBER 7, 2019
It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 billion in assets community bank with 22 branches that encircle the Seattle Sound. It is the $888 million holding company for Plumas Bank. The bank operates thirteen branches, eleven in northern California and two in Nevada.
Independent Banker
MAY 26, 2016
It’s yet another fiasco of meddlesome overregulation that could have been avoided, says Becky Miller, vice president and compliance officer for the $90 million-asset Farmers Trust and Savings Bank in Williamsburg, Iowa. Consumer mortgage disclosures that once took 10 minutes for Miller to complete now take several hours.
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