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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. However, the banking industry doesn’t like that one bit. However, the banking industry doesn’t like that one bit. “We FDIC), the states and the courts.

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2021 GonzoBanker Awards

Gonzobanker

THE BANKER AWARDS. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson. Gonzo readers, 2021 was just plain schizophrenic.

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Accounting About-Face

Independent Banker

She explained why lawmakers should exempt community banks from Basel III capital rule. Community bankers score big changes in final credit-loss standard. The agencies said in formal guidance that community banks will be able to meet the new standards without complex models or third-party service providers.

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2020 GonzoBanker Awards

Gonzobanker

Bankers started the year with good business plans, strong balance sheets, and optimism. And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. ” – Hunter Thompson.

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It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task.

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Discipline and Common Sense

Independent Banker

At HNB National Bank, common-sense banking and remaining disciplined are very key to our success. We have an awesome group of people who truly want to see the bank do well because they will do well. HNB National Bank. We are a $396 million-asset community bank with 13 branches. Hannibal, Mo. ROAA in 2015: 2.30

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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Last year was earth-shattering in many ways. Kennebec Savings Bank.