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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Bitcoin Daily: Bitcoin Climbs Above $18K; Liquid Reports Hack On Infrastructure; ASIC Charges Promoter In BitConnect Crypto Scheme

PYMNTS

The company confirmed in the post that while its customer’s assets are secure, personal contact information and encrypted passwords might have been compromised in the attack. “We We can confirm client funds are accounted for, and remain safe and secure,” the post stated.

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The true cost of fraud

Abrigo

The Financial Crimes Enforcement Network (FinCEN) has listed fraud and cybercrime as two of their National AML/CFT Priorities. Institutions must invest not only in advanced security measures and skilled personnel but also in client education and community engagement to combat fraud effectively.

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California Financing Law Rate Cap Advances to Governor Newsom’s Desk

CFPB Monitor

In addition to capping the rate on loans of $2,500 to $10,000, the bill also: Requires creditors to furnish credit information to at least one national consumer reporting agency; Imposes an obligation on creditors to offer borrowers a Department of Business Oversight approved credit education program or seminar; Prohibits prepayment penalties for loans (..)

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Education: By Popular Demand

Independent Banker

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. It is the only nationally recognized leadership event designed especially for middle- and upper-level community bank executives.

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Powering-Up Tools: Your Education Resources

Independent Banker

Community Banker University offers educational opportunities through live, in-person seminars and webinars, publications, audio conferences, self-study programs and videos. is the only nationally recognized leadership event designed especially for middle- and upper-level community bank executives. Community Banker University.

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Reverse Trend

Independent Banker

A recent national survey from The Demand Institute reveals that 63 percent of baby boomers plan on “aging in place” in their current home. Widows or widowers also often seek a reverse mortgage to replace their deceased spouse’s Social Security income. who oversees 32 loan officers dedicated to providing the loans.

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