South State Correspondent

JANUARY 16, 2024

With the demise of BSBY, those banks that used the index to hedge their interest rate risk will now be dealing with potential losses. Comerica Bank announced a $91mm charge, and Bank of America announced a $1.6B There will likely be other banks that adopted BSBY that will take similar charges. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

Independent Banker

JUNE 30, 2020

Just think about the foundation of our nation so many years ago. A crescendo of events drove actions that ultimately led to the birth of a new nation. I’ll continue to celebrate the independent spirit of community banks via digital forums and social media. Where I’ll be this month. The importance of remaining independent.

Community Bank 184

Community Bank Community social media National 184

Abrigo

APRIL 28, 2016

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

National 150

National San Jose Los Angeles United States 150

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

American Banker

MAY 13, 2020

The Independent Community Bankers of America refused to rule out legal action if Congress doesn't address the National Credit Union Administration's recent decision expanding the low-income designation.

Community 77

Community Community Bank Regulation America 77

Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., now part of Bank of America, before moving to Griffin, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

South State Correspondent

APRIL 12, 2022

As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. America is facing challenges at every turn: “a pandemic, unprecedented government actions, a strong recovery after a sharp, deep global recession, a highly polarized U.S.

Community 195

Community Community Bank Leadership Lending 195

South State Correspondent

JANUARY 4, 2023

Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. Conclusion.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

OCTOBER 9, 2018

” “There is no doubt that the lease accounting standards will add new complexities to a broad range of business functions, including sales, lending, contracting and financial reporting,” wrote Whitney Schiffer, CPA, in an article last week for accounting and advisory firm Berkowitz Pollack Brant.

Community Bank 153

Community Bank Community Report Lending 153

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

Taxes 144

Taxes America National Community 144

Independent Banker

OCTOBER 24, 2016

The National Credit Union Administration’s irresponsible power play earlier this year to ignore the explicit member business lending limits Congress has set for credit unions could not be ignored. percent-total-asset cap on credit union commercial lending that Congress purposefully put in place. By Camden R. Reach Camden R.

Community Bank 70

Community Bank Community Lending Regulation 70

Abrigo

MARCH 6, 2015

March comes in like a lion for the nation’s largest banks. Yesterday the Federal Reserve announced how “the big banks” fared on their annual stress tests (The Wall Street Journal’s Briefly blog offers what to know and what is relevant about the exams).

Risk Management 150

Risk Management Capital Community Bank Regulation 150

American Banker

SEPTEMBER 7, 2016

Making good on threats it had made previously, the Independent Community Bankers of America filed suit Wednesday against the National Credit Union Administration, claiming the agency's recent overhaul of its member business lending rules violate two different laws.

Lending 28

Lending America Community National 28

CFPB Monitor

AUGUST 20, 2020

The regulators also stated they remain “steadfastly dedicated to ensuring that…financial institutions…provide fair access and fair treatment to everyone in America.”. On July 23, 2020, the FDIC released a podcast entitled “The Role of Minority Banks.” banking system.

Regulation 78

Regulation FDIC Community Lending 78

American Banker

MAY 8, 2020

The Independent Community Bankers of America accused the National Credit Union Administration of using the coronavirus outbreak to usher in additional changes without the normal amount of scrutiny.

Regulation 52

Regulation America Community National 52

CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

South State Correspondent

JANUARY 25, 2024

Recently, larger lenders, including Bank of America, JPMorgan, Goldman Sachs, and Wells Fargo, have announced that they are seeing an elevated appetite for forward rate locks on loans for future anticipated commercial borrowings. The forward rate lock allows a win-win outcome for both borrowers and banks.

How To 195

How To Community Bank Community National 195

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. Those services include bitcoin and peer-to-peer lending, analysts said. 65% of U.K. percent of borrower applications.

Fintech 108

Fintech Lending Fraud Cards 108

Abrigo

JUNE 16, 2016

The new guidance aligns the accounting with the economics of lending by requiring banks and other lending institutions to immediately record the full amount of credit losses that are expected in their loan portfolios, providing investors with better information about those losses on a more timely basis,” FASB Chair Russell G.

Resources 150

Resources Exercises Lending Community 150

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. John Beale , longtime CIO of City National Bank.

Idaho 172

Idaho Community Industry Strategy 172

American Banker

NOVEMBER 17, 2016

The Independent Community Bankers of America have asked a federal judge to reject a motion by the National Credit Union Administration petitioning for the dismissal of a lawsuit filed by ICBA that challenges recent revisions to the agency's member business lending regulation.

America 28

America National Community Lending 28

Jeff For Banks

DECEMBER 7, 2019

The first bank over $50 billion in assets was JPMorgan Chase at 33rd on the list. Bank of America was 83rd. My method was to search for the best banks based on total return to shareholders over the past five years. It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 They are a $6.2

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. Ag lending in the South: Relationships matter. By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172

Jeff For Banks

DECEMBER 18, 2014

They are built as a relationship bank serving the Korean community in LA and surrounding areas. It is a significant SBA 7(a) lender, ranking in the top 100 (#54) in the country in that category, ahead of much larger financial institutions like Bank of America. Year to date through September 30th, Open Bank had $4.5

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

CFPB Monitor

JUNE 29, 2016

The Independent Community Bankers of America and the Credit Union National Association have sent a letter to Director Cordray “to express serious concerns” about the CFPB’s proposed rule covering single-payment payday and auto title loans, deposit advance products, and certain high-rate installment and open-end loans.

Community Bank 68

Community Bank Community Groups Lending 68

Gonzobanker

DECEMBER 19, 2017

THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore.

Conference 91

Conference Industry Community Bank Community 91

South State Correspondent

APRIL 15, 2024

As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. The Bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits. JPM believes that it holds 9.5%

Community 195

Community Community Bank Leadership America 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

DECEMBER 19, 2022

Senators Dick Durbin (D-IL) and Roger Marshall (R-KS) with a rare bi-partisan move showing that pinch-your-banker-and-hug-your-merchant is apparently as wholesome America as apple pie. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. The Smarter Bank Data Award. Sam Bankman-Fried of FTX.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JULY 15, 2016

Small community banks may not have the ample resources that Wells Fargo or Bank of America have to develop high-tech, experimental solutions internally. At least, Seacoast Bank VP and Digital Project Manager Jeff Lee and CEO Denny Hudson believe so. ” Florida-based Seacoast Bank has $3.5

Community Bank 100

Community Bank Community Lending Florida 100

Gonzobanker

DECEMBER 22, 2015

It’s been almost 20 years since the IPO but this team keeps delivering growth and outstanding financial performance while keeping the values of the hometown bank that started it all. Check out Gleason’s stock performance vs. Wells (WFC), Chase (JPM) and Bank of America (BAC) over the past five years. Bravo OZRK! C’mon Man!’

Community Bank 60

Community Bank Apple Community Technology 60

Jeff For Banks

APRIL 14, 2022

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78

America National Denver United States 78

Gonzobanker

DECEMBER 22, 2014

Bank Acquisition of the Year - BB&T Corp. Nice community bank culture fit between the two as well. Bank Merger of the Year – California United Bank and 1 st Enterprise Bank in Los Angeles. Toxin of the Year (Make that Decade) Award – Lack of commercial automation at most banks.

Los Angeles 101

Los Angeles Apple Risk Management California 101

PYMNTS

APRIL 22, 2020

The Senate has voted by unanimous consent to allocate another $484 billion in an interim relief fund, $310 billion of which will top off the depleted PPP fund directly, with an additional $60 billion specifically for smaller lending institutions.

Kentucky 237

Kentucky Community Groups Community Bank 237

Gonzobanker

DECEMBER 20, 2018

GonzoBanker of the Year – Large Banks. Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services. PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas.

Fintech 102

Fintech Conference Innovation Community 102

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool!

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool!

Utah 60

Utah System Community Marketing 60