article thumbnail

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. Tom Swenson, Bank of Montana.

article thumbnail

Chicago de novo bank effort cleared to raise capital

American Banker

Organizers of First Women's Bank have also filled two key executive posts.

Chicago 53
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

Measurement plays an important role in ensuring that interest rate risk doesn’t threaten a financial institution’s earnings and capital. As recently as May 2021, regulators identified interest rate risk as among the key risks in the economy, financial markets, and the banking industry that could affect insured institutions.

How To 195
article thumbnail

Black-Owned Chicago Bank's Rescuers Have Turnaround Plan

American Banker

One of the last surviving black-owned banks in Chicago was rescued from its loan-related woes by a Ghanaian-American family.

Chicago 28
article thumbnail

2020 CRE Outlook: Trends Expected to Shape Commercial Real Estate Lending

Abrigo

That’s just the beginning,” warned the Chicago Tribune less than a week earlier. While investors are increasingly cautious and focused on an investment's potential for downturn protection, investment capital remains abundant. “Macy’s closing 125 stores signals ‘more pain’ for retailers,” ABC News reported Feb.

Lending 195
article thumbnail

CFPB announces new appointments to advisory groups

CFPB Monitor

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. Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA.

article thumbnail

Neighborhood Bank in Calif. Set to Raise $6 Million

American Banker

The $58 million-asset company said in a press release Monday that Stephen Taylor, chairman and chief executive of Taylor Asset Management in Chicago, is leading a $6 million investment in its Neighborhood National Bank, effectively doubling its capital.

Chicago 28