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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets. Notably, most community banks’ duration risk is in the loan portfolio.

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Best Community Banks to Work For 2022

Independent Banker

Community Financial Services Bank, Benton, Ky.; 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. Our leadership consistently articulates and demonstrates a commitment to being a great place to work.”.

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14 Reasons Why You Should Grow Your Pega Career at Perficient

Perficient

We have active Pega jobs in Washington DC open. J oin our community for career tips, upcoming opportunities, and to keep up with all things Life at Perficient. Pega Leadership does a really good job supporting employee growth and is committed to understanding what each member of the team is looking for in career paths.

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NCR Launches Business Banking Mobile For Community Banks, Credit Unions

PYMNTS

The app will enable community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform. NCR announced on Thursday (Sept. 22) it launched a new app dubbed Business Banking Mobile.

El Paso 100
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Customer to Community Banker

Independent Banker

“For Ron, giving back to the community is part of the essence of who he is. With vigor and a strong commitment to service, Ron Paul leads a rapidly growing community bank in Maryland. Ronald Paul first encountered community banking as a real estate developer in the early 1980s. Don’t expect to find him home on a weeknight!”

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The AMLA and a Culture of Compliance – More Critical Than Ever

Abrigo

With the 2021 change in administration in Washington, D.C., See Part I: Implications for Community Financial Institutions. Takeaway 2 Poor culture of compliance will result in shortcomings in a financial institution's BSA/AML program. the anti-money laundering (AML) regulatory climate has already seen significant impacts. Learn More.

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Dimon, Shareholders Split On Possible JPMC Breakup Review

PYMNTS

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 The concept of breaking up the bank was shot down both in 2013 and 2015.