South State Correspondent
JANUARY 16, 2024
Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Some bankers will soon hear about another example of banks using derivatives that, unfortunately, will lead to losses. No ISDA documents.
Independent Banker
APRIL 30, 2022
Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.
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CFPB Monitor
SEPTEMBER 21, 2020
Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Leigh Phillips, President and CEO, EARN DBA SaverLife (San Francisco, CA).
PYMNTS
MARCH 16, 2016
Adam Schiff (D-CA) and Steve Stivers (R-OH) and included the signatures of 329 lawmakers. “Credit unions and community banks do not pose any systemic risk, yet the CFPB continues to issue rules that disproportionately hurt those community financial institutions,” Stivers said in a statement.
CFPB Monitor
AUGUST 22, 2016
The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Paulina Gonzalez, Executive Director, California Reinvestment Coalition, San Francisco, CA. Retail Bank, Citibank, New York, NY.
American Banker
JUNE 9, 2016
has agreed to buy Delta National Bancorp in Manteca, Calif. Farmers & Merchants Bancorp in Lodi, Calif.,
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. The bank provides crop insurance to farmers in 11 states.
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