Economist: Limited recession likely
Economist Elliot Eisenberg said the United States will likely enter a recession. He expects the downturn to last less than a year, however, and not be as severe as the Great Recession. [Continue]
Iowa ag economy remains strong as uncertainty remains
The Iowa ag economy remains strong amid prolific commodity prices, according to Iowa Superintendent of Banking Jeff Plagge. [Continue]
Goss: Fed to trim $5 trillion from balance sheet
Creighton University Professor Ernie Goss expects the Federal Reserve will steadily trim nearly $5 trillion from its balance sheet. [Continue]
Retired FBI agent: Vigilance crucial in curbing cybercrime
The vast majority of cyberattacks can easily be prevented by bank employees and customers adopting more stringent security measures, said retired FBI Special Agent Scott Augenbaum. [Continue]
Hsu: climate risk assessment coming for community banks
Acting Comptroller of the Currency Michael Hsu called on community bankers to start researching the impacts of climate change as regulators address the climate change policies of larger financial institutions. [Continue]
Want to stay independent? Act like it, consultant says
If your bank wants to stay independent, you must plan and act like it’s going to be around in 100 years, consultant and lawyer Phillip Smith. [Continue]
People are community banking’s differentiator
Customer experience determines your place in the competitive landscape and that experience at community banks is largely determined by staff, Emily Sayer told attendees at the annual convention of the Independent Community Bankers of America. [Continue]
Post-pandemic success depends on paradigm shift, futurist says
Bankers’ ability to successfully adapt to post-pandemic life will require a complete reframing of how they approach their business models, said futurist Mike Walsh. [Continue]
Fed Gov. Bowman anticipates rate hike, urges comments on CBDC
Federal Reserve Board Governor Miki Bowman told bankers gathered at the ABA Conference for Community Bankers on Monday that taming inflation is the Fed’s top monetary policy priority. [Continue]
Core showcase gives bankers look at tech options at ABA conference
Leaders from 14 core providers asserted their dedication to community banking at the ABA’s National Conference for Community Bankers. [Continue]