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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters.

Marketing 148
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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. In early 2004, examiners visited her $253 million-asset bank, an experience that revealed a need—someone with a stronger compliance background.

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. Housing has done well, despite median sales price growth which is less than national averages and lower inventories of properties for sale, which may be propping up prices.

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Guest Post: Financial Markets & Economic Update 4Q23 by Dorothy Jaworski

Jeff For Banks

Mortgage rates are now close to 8.00%; affordability is at its lowest point since 1989, according to the National Association of Realtors. Jaworski 10/28/23 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

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Washington Watch

Independent Banker

The good news is the law compels the federal banking agencies to review regulations they have issued to identify those that are outdated, unnecessary or unduly burdensome. The bad news is the first review, conducted from 2004 to 2006, was a bust. Community Bankers Chosen as CFPB Advisors. in Lowell, Mass.; in Lowell, Mass.;

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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

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. Their vision is simple: "Build a great place to work and bank." It is the $888 million holding company for Plumas Bank. First Capital, Inc.

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Lead Like Lincoln

Jeff For Banks

Historically low interest rates and the recent poor economy highlighted the importance of leadership in community banking. At the consecration of the most storied battlefield in our nation''s history, Everett delivered a long-forgotten two-hour oration. In my opinion, he demonstrated three critical qualities of leadership.