Meeting Coverage

Economist: Major recession unlikely despite troubling signs

Todd Buchholz

Prominent economist Todd Buchholz does not expect a major recession to strike but is worried that the shortage of workers, political polarization and deficit spending are hampering long-term growth prospects. The economy will worsen as gas prices remain high, Buchholz said, speaking Oct. 4 during the Bank Holding Company Association’s fall seminar. [Continue]

Lawmakers, Fed to blame for banking crises, Hoenig says

Whenever there is a banking crisis, bankers get blamed, but a former FDIC Vice Chair and 38-year Federal Reserve veteran told bankers the real culprits are those propagating undisciplined fiscal policy and bad monetary policy. Speaking at the Iowa Bankers Association convention, Thomas Hoenig said the last three major crises were caused by huge increases in federal spending and reactionary increases in interest rates that wreaked havoc on the economy and at the nation’s banks. [Continue]

Iowa banks strong despite NIM pressure

While shrinking net interest margins are squeezing earnings, banks in the state of Iowa are in very good condition, concurred three regulators speaking on a panel presented at the 52nd annual convention of the Community Bankers of Iowa in Okoboji on July 20.  [Continue]

ThinkTECH cohort pitch ideas during Demo Day

Six fintech companies pitched community bankers on how their solutions can help immediately attract and retain deposits and spark real-time payments innovation during the Independent Community Bankers Association’s ThinkTECH Accelerator Demo Day. [Continue]