Banks should only explore entering the crypto market after properly understanding the industry’s risks and undertaking necessary due diligence, according to a presentation from Wipfli LLP Principal Marcie Bomberg-Montoya and NYDIG Relationships Manager Tammy Bangs during the Spring Seminar of the Bank Holding Company Association. [Continue]
Banks and their business customers can still benefit from using the Employee Retention Credit, an industry expert said. [Continue]
Community banks must broaden their strategic planning beyond growing loans and deposits to ensure long-term survival, said a pair of CLA principals. [Continue]
Lincoln-based consultant Sean Payant urged banks to grow their organizations by adding customers and not cutting expenses. [Continue]
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]
The Iowa ag economy remains strong amid prolific commodity prices, according to Iowa Superintendent of Banking Jeff Plagge. [Continue]
Creighton University Professor Ernie Goss expects the Federal Reserve will steadily trim nearly $5 trillion from its balance sheet. [Continue]
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]
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]
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]