How do banks remain relevant in an environment of disruption and disintermediation? You can start by creating an awareness of innovation throughout the organization, said Ross Manson, chief innovation officer at Eide Bailly. [Continue]
Jeffrey M. Szyperski, head of Kilmarnock, Va.-based Chesapeake Financial Shares, Inc., was elected chair of the American Bankers Association at its annual meeting. [Continue]
The Federal Reserve Bank of Minneapolis will no longer permit small bank holding companies looking to make an acquisition to use the “hypothetical dividend” approach, some attorneys say. [Continue]
Tony Sisto, chair of the board at STC Capital Bank, St. Charles, was elected 2018-2019 chair of the Community Bankers Association of Illinois at its annual meeting, held Sep. 26-30 in St. Louis. [Continue]
While acquisitions are often driven by a desire for growth and the need to obtain local deposits, navigating data processing company escape clauses can add overwhelming cost to a dynamic process. [Continue]
Key performance metrics at Minnesota’s state chartered banks haven’t changed much in the last year, said Max Zappia, Deputy Commissioner of Commerce, speaking to a group of more than 100 bankers on Sept. 27. [Continue]
By the end of 2018, bankers should begin to see their BSA compliance burden begin to lift, promised Joseph Otting, Comptroller of the Currency. [Continue]
Andrew J. Briggs has been elected 2019 chairman of the board of directors of the Indiana Bankers Association. His term begins Jan. 1. [Continue]
Four bank executives encourage mid-career bankers to be proactive if they seek to advance their careers, always ready to tackle a project. [Continue]
Leaders succeed by identifying important goals, and they articulate powerful reasons for pursuing those goals. They set high expectations and take the actions necessary to accomplish them. Finally, they track results intensely. [Continue]