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Lexicon Bank: A bank that shows its hand

Independent Banker

Stacy Watkins (left), president and CEO, and Hilary Nelson (right), senior vice president and director of operations and compliance, at the Las Vegas Strip. When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Photo by Sammy Tillery. By Tom Groenfeldt. Name: Lexicon Bank.

Las Vegas 129
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CFPB announces advisory committee members

CFPB Monitor

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). Community Bank Advisory Council . Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC).

DC 78
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Ag lending outlook & top challenges

Abrigo

Two of the main expenses for farmers and ranchers – fertilizer and fuel – have had the highest inflation this year, and rising interest rates are also likely to hit their net income, said Rob Newberry, Senior Advisor on Abrigo’s Advisory Services team and a faculty member of the Graduate School of Banking at the University of Wisconsin-Madison.

Lending 195
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Photo by Linkes Photography.