Amazing Outside Directors 2024: Paula Phillippe
Over the last 25 years, Paula Phillippe has been on a lot of boards ranging from food shelves to theater, engineering to securities. When it comes to corporate boards, she gravitates toward community banks, though. ...
Is it time to raise the FDIC deposit insurance limit to protect depositors?
One year after the failures of Silicon Valley Bank and Signature Bank, there are once again fears that a new ...
Banks’ potential enhanced by tech
If you understand your customers enough to anticipate their needs, you have a better chance of winning them over as ...
Banks have proven their ability to set capital standards
The basic notion has been for some time that we want to have risk-based capital standards, and we want to ...
Chronicles
Buyer demand, rate cut expectations spark rise in home builder sentiment
Home builder confidence increased for the fourth straight month in March as buyer demand remains strong, according to the National ...
Hsu: Prioritizing fairness can spark innovation
Banks should see fairness as a way to spark innovation rather than an inhibitor, said Acting Comptroller Michael Hsu in ...
IG: Iowa failure caused by poor risk management
The failure of Iowa's Citizens Bank stemmed from insufficient risk management and oversight of its commercial trucking loan program, according ...
Farm bank lending grew to $110 billion in 2023
Ag lending increased 6.7 percent last year to $110 billion amid high production costs, volatility in commodity prices and a ...
Bank CEO confidence falls to nearly four-year low
Bank CEO sentiments fell to their lowest reading this month in nearly four years, according to Creighton University’s monthly survey ...
Minnesota credit union granted first CU state charter in 23 years
The Minnesota Department of Commerce has issued the state's first charter for a credit union in 23 years. ...
People
Wisconsin’s First Business Bank hires fiduciary services executive
Madison, Wis.-based First Business Bank hired Elizabeth Kmiec as director of fiduciary services ...
Illinois bank announces new CEO, president
Northwest Bank of Rockford, Ill., announced March 25 that President/CEO Ryan Miller is no longer with the company. ...
Premier Bank Minnesota names board member
Hastings-based Premier Bank Minnesota added Troy Zabinski to its board of directors. ...
Opinion
Calls for financial accountability spur regulatory actions, feeding class actions
In the past year, the banking crisis has resulted in an increased call for accountability and a growing number of ...
Taking financial literacy to the apps
As we approach Financial Literacy Month, it’s enlightening (and maybe a little frightening) to look at the ways people learn ...
What’s in your wallet?
There is room for more players among the largest credit card companies ...
Community Relations
Centier Bank donates $1K for community events
Merrillville, Ind.-based Centier Bank donated $1,000 to local organization Carmel Clay Parks & Recreation to support upcoming community events ...
American Bank & Trust donates $50K to local schools
Sioux Falls, S.D.-based American Bank & Trust donated $50,475 to local schools this year through its Spirit Card Program. ...
One Community Bank donates $5K to local nonprofit
Oregon, Wis.-based One Community Bank donated $5,000 to Madison, Wis.-based nonprofit The Village Diaper Bank and collected diapers at its ...