Solid processes essential in lending shift
With regulatory scrutiny growing over commercial real estate concentration in loan portfolios, some banks are attempting to branch out into commercial and industrial lending. [Continue]
AI a major topic at M&A conference
Artificial intelligence, or AI, is one of the buzzwords on the lips of many of the presenters at the 2025 Acquire or Be Acquired conference this week in Phoenix. [Continue]
Bank size key factor in assessing right M&A strategy
The metrics around family-owned or privately-held community bank deals often differ from those of the regional and super-regional publicly-held banks that are frequently the subject of media stories, commented a pair of accountants hosting a session at the 31st annual Acquire of Be Acquired conference in Phoenix, Ariz. [Continue]
Economist: Recession possible amid mixed economic signals
There are troubling signs of a looming recession even as economic numbers remain strong, economist Elliot Eisenberg said Oct. 8 during the Bank Holding Company Association fall seminar in Edina, Minn. Eisenberg was apprehensive over the recent rise in unemployment to more than 4 percent without an increase in firings along with a jump in credit card delinquencies — especially for 20-to-40-year-old customers. [Continue]
Mpls. Fed’s Kashkari talks up economy during BHCA opening session
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and a voting member of the Federal Open Markets Committee, shared insights into FOMC decision-making at the Bank Holding Company Association’s Fall Seminar Oct. 7 in Edina, Minn. [Continue]
Payments expert: Banks falling behind in embedded banking
Banks that fall behind in the embedded banking space face the threat of becoming obsolete, said payments expert Peter Davey earlier this week during the UMACHA payments conference. [Continue]
Experts: Banks, customers can do more to prevent financial fraud
Banks, customers and third-party providers have multiple avenues to prevent cyber fraud as such incidents are on the rise, experts said. [Continue]
Speaker: Pace of interest rate cuts will beat projections
The Federal Reserve will likely need to reduce interest rates at a faster pace than policymakers expect, said BHG Financial Chair and CEO Al Crawford on Aug. 27 during a regional company conference at the Lofton Hotel in downtown Minneapolis. [Continue]
Speakers positive on U.S. economy; share thoughts on election, concerns for security
Frank Kelly, founder and managing partner at Fulcrum Macro Advisors, told bankers attending the Minnesota Bankers Association annual summit June 10 that he sees an economic renaissance coming, as the world “already has changed in the last three years.” [Continue]
New MBA chair cites need to share industry stories
Andy Schornack started a one-year term as Chair of the Minnesota Bankers Association on Tuesday, June 11, when he accepted the gavel from Doug Tate of Worthington Federal Savings Bank, who concluded his term as 2023-24 chair. [Continue]