article thumbnail

Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere.

article thumbnail

OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region. The OCC on Oct. It measures 1-5, with 1 being the best score an institution can receive and 5 the worst). • Traditional control processes (such as audit, loan review, internal controls and due diligence).

Insiders

Sign Up for our Newsletter

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

article thumbnail

2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 147
article thumbnail

A Deep Dive into the Distribution of the FICO Score Across the US

FICO

In terms of score improvement over the 10-year time period (April 2009-April 2019), MSAs heavily impacted by the recession and housing market “bust” observed the largest increase in average FICO® Score over that time period. West coast MSAs have higher average mortgage balances. Looking for a lower housing cost?

article thumbnail

Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets. For example, algorithms can track color changes in two areas of the face, like regions near the eyes and cheek, using that data to calculate heart rate detection. Marketing & Advertising.

article thumbnail

Banking's Total Return Top 5: 2016 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. My method was to search for the best banks based on total return to shareholders over the past five years.

article thumbnail

Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. My method was to search for the best banks based on total return to shareholders over the past five years.