Remove 2004 Remove Community Bank Remove National Remove Operations
article thumbnail

How The Fed Will Impact Your Deposit Beta

South State Correspondent

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. How to Apply to Your Bank. Influences on Deposit Beta.

article thumbnail

The Future of Checks – Tales From The Crypt

South State Correspondent

The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash. The banking industry, pushed by the events of 9/11, moved to check imaging by the Check 21 Act in 2003. Checks will become too costly for the household, business, and bank to process.

Fraud 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

Indiana 78
article thumbnail

Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

The federal stimulus also drove our national debt levels to over $30 trillion, or 123.4% Remember that Fed policy operates with a lag. DJ 02/19/22 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.

article thumbnail

FinCEN AML/CTF Priorities Part 4: Counterproliferation

Abrigo

It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. The North Korean government has been also found to have used chemical weapons against its own nationals. In early 2019 Syria used chlorine gas against its own nationals. Continuing education.

National 195