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The ICBA 22/23 executive committee is all in

Independent Banker

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We are not Wall Street banks—we are community banks.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

Meanwhile, states such as Kentucky, Connecticut, Illinois, Michigan, Indiana, Massachusetts, Maryland and others are making moves toward legalization, and via different methods. The state reportedly would impose a $250,000 licensing fee on betting providers, along with a 3 percent tax. percent state tax on sports wagers.

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Wall Street To Get More Scrutiny As Dems Poised To Join House Financial Services Committee

PYMNTS

In addition to Ocasio-Cortez, two other newly elected progressive Democrats, Rashida Tlaib of Michigan and Katie Porter of California, are expected to join the panel in charge of oversight for Wall Street and the financial services industry. In the past, the 29-year-old congresswoman has called for the largest banks to be broken up.

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp.

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When Suds Go X-Border

PYMNTS

Long is the CEO of Brew Export, a comprehensive solution for brewers entering international markets, as well as a resident of Grand Rapids, Michigan — otherwise known, as she’s quick to point out, as “Beer City, USA.” Long first got the idea for Brew Export while studying international marketing at Michigan State University.

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

Jeff For Banks

That got regulator's attention in the form of a May 2011 Consent Order (CO). Interestingly, IBCP recently announced an acquisition in northwest Michigan, five years after they sold 15 branches in the northeast part of the state. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. Executioner’s Tax (Swing of the Ax) – Power Trip. One word can summarize this action-packed banking year, GonzoBankers – tiring. Payments chaos.