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Small banks: Big challenges and big opportunities

Abrigo

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Small banks play an even more significant role in rural communities, where community banks operate 72% of all branches and have two-thirds of all deposits. Talk to a specialist to learn more.

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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

An Expanding Regulatory Perimeter With the collapse of crypto and FTX serving as this generation’s Enron, discussions abounded that the reach of traditional regulators will expand into the fintech, shadow banking, and decentralized finance worlds.

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Ag lending risk increasing as result of declining incomes

Abrigo

“Although loan volumes have increased steadily since 2011, recent increases have coincided with a period of declining farm income,” said a recent report from the Federal Reserve Bank of Kansas City. The report noted that since 2012, crop cash receipts have declined by more than 20 percent, according to the USDA.

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Federal Reserve Names New Payments Strategy Director

PYMNTS

As first vice president and chief operating officer of the Federal Reserve Bank of St. According to Esther George, Federal Reserve Bank of Kansas City president and chief executive officer, Sapenaro played a prominent role in developing those strategies. Sapenaro will retain his position at the Federal Reserve Bank of St.

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How to stress test your ag portfolio

Abrigo

The report, from the Federal Reserve Bank of Kansas City , stated that demand could remain high since futures markets for fall crops show prices are likely to remain low because of the potential for another record harvest.

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Non-performing ag loans increase, says lender survey

Abrigo

Lenders cited lower commodity prices, rising operating costs and the softening of cash rents. One respondent noted that ‘distressed operations may liquidate under-used items to bolster liquidity.’” The increased ag lending was driven by higher borrowing for current operating expenses and livestock purchases.

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ResTech’s Rising Prominence In Writing The Future Of The Industry

PYMNTS

Restaurateurs need technology that helps them quickly adapt — whether it’s pivoting business models, adhering to new regulations, or answering changing guest expectations for safety and convenience,” Steve Fredette , president and co-founder of Toast, said in a statement last Wednesday (Nov. Island Grill in Kansas City, Mo.,

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