Independent Banker

SEPTEMBER 26, 2014

Even though the industry identified several major regulatory burdens, including those posed by the Truth in Lending Act and the Home Mortgage Disclosure Act, few substantive regulations were repealed. Many community bankers concluded that the EGRPRA is little more than a “check the box” process for regulators. in Lowell, Mass.;

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South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Notably, most community banks’ duration risk is in the loan portfolio.

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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.,

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American Banker

SEPTEMBER 15, 2023

A movement is afoot to transfer the job of the Federal Home Loan banks to the Federal Reserve. This would be a disaster for small lenders.

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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. and CEO and chairman, Minnesota Lakes Bank, Delano, Minn.

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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). Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Bank (Minneapolis, MN).

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American Banker

MARCH 22, 2024

Harborstone Credit Union in suburban Lakewood, Washington, plans to buy Savi Financial. That's seven deals in less than three months this year; the highest full-year total was 16 in 2022.

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American Banker

APRIL 14, 2016

Washington Federal in Seattle said its profit rose 3.4% million in the three months that ended March 31 as loan growth outweighed higher information technology costs.

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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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American Banker

JUNE 29, 2016

WASHINGTON -- The Federal Deposit Insurance Corp. is launching a survey this month to collect data on the small business lending practices of insured banks.

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American Banker

NOVEMBER 7, 2016

WASHINGTON – The Federal Reserve's periodic survey of bank loan officers indicates that a decline in banks' share of commercial and industrial lending activity is likely related to nonbanks' ability to outcompete on both price and loan terms.

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Independent Banker

APRIL 30, 2019

I was blown away by the incredible community banks that are featured, and I have a feeling you’ll feel the same way! Even after such a phenomenal ICBA LIVE and the ICBA Capital Summit, which may be happening as you read this, I can still draw such inspiration from our nation’s community bankers. I’m so glad that I did.

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PYMNTS

FEBRUARY 19, 2019

He pointed to the Community Reinvestment Act, which encourages banks to loan to small businesses. Reports said Powell noted that looser community bank regulations may help keep branches open. Bank mergers aren’t the only factor behind closing bank branches, however.

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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.

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Independent Banker

NOVEMBER 24, 2014

With vigor and a strong commitment to service, Ron Paul leads a rapidly growing community bank in Maryland. Bank assets: $5 billion. Ronald Paul first encountered community banking as a real estate developer in the early 1980s. He became an enthusiastic advocate of relationship-based banking. Bethesda, Md.

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Independent Banker

JANUARY 26, 2016

FASB awoke wide-eyed and astonished to the liberating truth that community banks played no role in either triggering or participating in the Wall Street financial crisis. For details, read Washington Watch.). Imagine that? A few memories are apparently fuzzy over that indelibly cataclysmic event. That’s a lesson to remember.

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Independent Banker

DECEMBER 29, 2015

Since then, community banks have been struggling to understand all of the regulation’s various complex “moving parts” and how to best comply with it, says James Kendrick, vice president for accounting and capital policy at ICBA. ICBA supports strong minimum capital levels for all banks, including community banks.

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Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

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Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. increased operational risks.

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American Banker

OCTOBER 27, 2023

Washington Trust shares plunged after the Westerly, Rhode Island, company disclosed it booked an office deal in the third quarter, boosting the size of its portfolio while other lenders are pulling back.

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Rhode Island Washington Company Community Bank 36

Jeff For Banks

DECEMBER 16, 2022

The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. Prior to starting CCBX and for the year ended 2017, the Company had $806 million in total assets and $5.4 million in net income for an ROA of 0.73%.

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ABA Community Banking

MARCH 9, 2022

said at the ABA Washington Summit today. The post Tester: Libor Fix Legislation Is in Must-Pass Spending Bill appeared first on ABA Banking Journal. A bipartisan, ABA-advocated bill to address “tough legacy” Libor contracts is included in the omnibus spending bill that Congress is expected to pass in the coming days, Sen.

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Washington Community Bank Policies Community 59

American Banker

SEPTEMBER 8, 2020

Bankers and fintech executives want lawmakers returning to Washington to focus on streamlined forgiveness and a second round of Paycheck Protection Program loans for small businesses.

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Washington Fintech Community Bank Community 79

Independent Banker

JULY 30, 2015

A daily email newsletter that provides a comprehensive coverage of breaking industry news, including policy matters in Washington. An award-winning, monthly magazine that provides in-depth industry news, including member profiles, lending and technology trends, and expert insights. Community Bank Career Center.

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Resources Tools Community Bank Community 70

Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

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Independent Banker

MAY 26, 2016

Under the glorified goal for “simplification” touted by policymakers cosseted in far-off Washington, D.C., Echoing hundreds of other community bankers, Miller says this latest iteration of confusing regulatory changes from Washington, D.C., Do unto others. It’s the Golden Rule. It’s also good regulatory policy.

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PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

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PYMNTS

APRIL 7, 2016

In his annual letter to shareholders, Dimon went on, at some length, to say that the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. “In In 2014, the proposal was removed before it got to the voting stage.

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Washington Regulation Leadership Community Bank 100

Independent Banker

FEBRUARY 24, 2016

Investment principles of top bank portfolio managers. Community bank institutional investment portfolio managers have been put through their paces the past several years. Yet that is exactly what many community banks have accomplished. Mikella Newsom, City Bank. By Karen Epper Hoffman. The barbell approach.

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Community Bank Community Texas Management 70

Jeff For Banks

DECEMBER 7, 2019

It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 billion in assets community bank with 22 branches that encircle the Seattle Sound. It is the $888 million holding company for Plumas Bank. The bank operates thirteen branches, eleven in northern California and two in Nevada.

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Indiana South Dakota Oregon Community Bank 78

ABA Community Banking

MARCH 9, 2022

Small Business Administration Administrator Isabella Casillas Guzman told bankers today at the American Bankers Association's Washington Summit that to help small businesses, the country needs to return to work. The post SBA Administrator Guzman Says Country Needs to Return to Work appeared first on ABA Banking Journal.

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Independent Banker

DECEMBER 13, 2015

Community banks face yet another set of regulatory requirements with the recently revised Regulation C reporting rule implementing the Home Mortgage Disclosure Act. The final rule greatly expands data-collection and reporting requirements, compounding existing regulatory and paperwork burdens that restrict lending by community banks.

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Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. The Peoples Bank Co. While out-of-town lenders gave money to customers requiring no down payments to buy overpriced homes that they couldn’t afford, Hartings, the president and CEO of The Peoples Bank Co. By Kelly Pike.

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Ohio Community Bank Community Lending 70

Independent Banker

MARCH 15, 2015

That dynamic provides a unique opportunity for individual community bankers to tell their stories to their federal lawmakers, which has always been a vital part of getting ICBA’s pro-community banking legislative agenda enacted. No advocacy is more effective in Washington than direct grassroots engagement,” Stetter says.

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Independent Banker

JULY 30, 2015

When meeting with our member community banks, the top concern is always the continuing crush of regulatory burden emanating from Washington, D.C. IBAT believes this is ultimately a significant issue not only for community banks and their customers, but also for local economic viability. Data security breaches.

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American Banker

NOVEMBER 29, 2016

s third-quarter earnings report was stacked with good news: record earnings and lending, fewer troubled loans and higher interest and noninterest income. Yet there was one statistic that is likely to fuel more calls for help from Washington. The Federal Deposit Insurance Corp.'s

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ABA Community Banking

NOVEMBER 6, 2019

Washington Federal -- a $16.4 The post Podcast: With Rebrand, WaFd Puts Its Bank Identity Front and Center appeared first on ABA Banking Journal. billion regional institution based in Seattle -- had a problem: many in the general public didn't realize exactly what it did.

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