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15 Minutes With … Jimmy Rasmussen

Independent Banker

Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. Finally, I focus on economic news in our markets, which include five communities south of Houston. The Houston region has seen substantial layoffs, and the daily headlines predict more will be announced.

Dallas 131
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What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Yet community bankers serving the oil industry say they’ve been expecting a drop in the notoriously cyclical price of crude. billion-asset community bank based in Happy, Texas. New energy regions adapt.

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Banks in hurricane zone redraw preparedness playbooks

American Banker

Social distancing and other pandemic-related measures are making it harder for banks in the Gulf region to rely on tried-and-true contingencies.

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Hurricane Insurance: What is Covered & What is Not Covered

MyBankTracker

However: There are many exclusions, caveats, and restrictions you should be aware of on these policies as you seek to insure a property in a hurricane-prone region. Wind damage can also affect power lines and knock out power grids in an affected region for days, weeks, or even months. Connecticut. Massachusetts. Mississippi.