article thumbnail

Agricultural Alert!

Independent Banker

In a surprise move, congressional leadership sought to reduce the crop insurance program by $3 billion at the end of 2015 to offset other spending initiatives. I assume that will continue,” adds Larry Winum, president and CEO of Glenwood State Bank, a $170 million-asset agricultural lender in Glenwood, Iowa.

article thumbnail

The community bank’s complete guide to building trust

Independent Banker

Another reason pen tests are increasingly common is that regulations and PCI compliance require banks to furnish annual pen test results. John Moeller, a principal at CliftonLarsonAllen LLP who is based in Cedar Rapids, Iowa, says many banks are not engaging in pen testing often enough and some use inferior approaches to testing.

Community 139
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities. What an amazing leadership story.

Community 216
article thumbnail

At the Intersection of Banking and Politics

ZootBlog

One nationally acclaimed expert on banking, Kevin Jacques, recently predicted that if Clinton wins the election she will appoint individuals largely from the world of politics with an eye toward strengthening financial regulation and oversight of the banking system as a whole. Department of the Treasury and a decade as a bank regulator.