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The evolution and impact of the Community Reinvestment Act

/ Regulation
Understanding the historical context, staying abreast of recent updates, and leveraging technology are critical steps toward meaningful compliance.  ...
Mike Burke image

Security expert: Banks must stay alert as attack sophistication grows

/ Meeting Coverage
Fraudsters are becoming increasingly sophisticated in how they commit financial crimes, said Mike Burke, a senior robbery and crisis management ...
Loan-to-deposit ratio realities

Loan-to-deposit ratio realities

/ Opinion
Loan-to-deposit ratios at many community banks are up. In the old days, that meant loan demand was strong. But in ...
Supreme Court: CFPB funding structure constitutional

Supreme Court: CFPB funding structure constitutional

/ Chronicles
The U.S. Supreme Court has ruled the Consumer Financial Protection Bureau is constitutionally funded.  ...

Chronicles

Waller: Fed’s restrictive policy effectively taming inflation

/ Chronicles
The Federal Reserve’s restrictive monetary stance is effectively moving inflation closer to the FOMC’s 2 percent goal, said Federal Reserve ...

Industrial production stable in April

/ Chronicles
Industrial production was little changed in April, according to the Federal Reserve ...

Centier Bank opens branch in Cedar Lake

/ Chronicles
Merrillville, Ind.-based Centier Bank recently opened a 1,900-square-foot branch in Cedar Lake, Ind ...

Sunflower Bank expands into Southern California

/ Chronicles
Denver-based Sunflower Bank is expanding into southern California by hiring Regional President James Canepa and adding four commercial banking teams ...

South Dakota credit union to acquire branch of Minnesota bank

/ Chronicles
Sioux Falls, S.D.-based Levo Credit Union will acquire a Sioux City, Iowa, branch later this year from Spicer, Minn.-based Heritage ...

Rising expenses, high interest rates spurring pessimism

/ Chronicles
High interest rates, weakened agriculture commodity prices and rising grain storage expenses sparked a rise in pessimism this month, according ...

People

Security National Bank names two vice presidents

/ Promotions & New Hires
Chrystal Mollet was promoted to vice president of Sioux City, Iowa-based Security National Bank’s wealth management division, while Sarah Hamann ...

Merchants Capital names CFO

/ Promotions & New Hires
Carmel, Ind.-based financial services provider Merchants Capital named Michael Larsen CFO ...

Quad City Bank & Trust announces CEO succession

/ Promotions & New Hires
Davenport, Iowa-based Quad City Bank & Trust announced Laura Ekizian will become CEO early next year to replace retiring CEO ...

Opinion

Workplace culture must be top priority at FDIC

/ Opinion
The announcement by Martin Gruenberg that he will step down as chair of the FDIC is welcome news in light ...

A positive view on regulators and BaaS

/ Opinion
Last month in this space, I wrote of my worry that regulatory over-caution could stifle innovation around bank-fintech partnerships, especially ...

Similarities between historic and contemporary bank failures and what they mean for banks today

/ Opinion
There have been more than 3,500 bank failures since the early 1930s. These failures aren’t ancient history ...

Community Relations

Bell Bank awards $250K to affordable housing developer

/ Community Relations
Fargo, N.D.-based Bell Bank awarded $250,000 to nonprofit affordable housing developer Beyond Shelter, Inc.  ...

Associated Bank announces $2 billion community commitment

/ Community Relations
Green Bay, Wis.-based Associated Bank recently announced it will donate $2 billion to communities through 2026 as part of its ...

Bank of Wisconsin Dells awards scholarships to three local students

/ Community Relations
The Bank of Wisconsin Dells recently awarded two scholarships ...