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A Utah bank is gone after 16 years of losses. Why did it survive so long?

American Banker

Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.

Utah 63
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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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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91
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Small Utah bank is again in 'substantial noncompliance' with CRA

American Banker

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Utah 52
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2021 GonzoBanker Awards

Gonzobanker

GonzoBanker of the Year – Bank. There are lots of entrepreneurial leaders in the banking space today, but this year the nod goes to Randy Chesler at Glacier Bancorp. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. regulated financial institutions! 82% to over 2.3% Inspirational? You tell us.

Fintech 147
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

The “Slo Mo” Merger Award – Goes to New York Community Bancorp for its glacial wait for approval of its proposed acquisition of Astoria Financial Corp. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. It’s funny, tongue-in-cheek and just plain different. Check it out on YouTube.

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

The “Slo Mo” Merger Award – Goes to New York Community Bancorp for its glacial wait for approval of its proposed acquisition of Astoria Financial Corp. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. It’s funny, tongue-in-cheek and just plain different. Check it out on YouTube.

Utah 60