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Best Community Banks to Work For 2022

Independent Banker

.; Bank of Montana, Missoula, Mont.; CNB Bank, Berkeley Springs, W.Va.; Midwest Bank, Norfolk, Neb. In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. What great resignation?

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Schmidlap Bank, A Division of Community Bank

Jeff For Banks

"We want to keep our charter because the OCC is a more distinguished regulator." Seriously, that is what a bank chairman told me when arguing to keep his bank's charter during merger negotiations. Something like "we've spent 100 years building the reputation of this bank and 'poof', it's gone at the stroke of a pen."

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FDIC's unusual order against tiny Utah bank: Sell yourself or liquidate

American Banker

One of the smallest banks in the country hasn't consistently made a profit since 2007 and has been the subject of enforcement actions. The FDIC's public rebuke against it indicates a last-ditch effort to figure out a less messy solution than receivership.

FDIC 72
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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

And regulators are getting anxious. and New York Community Bancorp called off their planned merger. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. We perform this service for dozens of community banks. Anxiety, anxiety, anxiety.

Lending 60
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Could FASB’s Proposal Put A Few Nails In Bankers’ Coffins?

Long Lasting Ideas

FASB’s complex proposal (Current Expected Credit Loss, or CECL) would force community banks to record a provision for credit losses the moment they make a loan. Let’s look back a few years at around 2007 and 2008, around the time of the Great Recession.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. trillion failed. What caused it?

FDIC 78
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Why The ICBA Is Fighting Industrial Loan Charters For FinTechs

PYMNTS

ILCs are used to form industrial loan companies, better known as industrial banks. An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956.

Industry 108