3 top articles at top of home page.
Economists and bankers expect GDP growth will slow this year amid an ongoing exodus of Covid-19 stimulus dollars from the market and the impact of numerous interest rate hikes from the Federal Reserve to cool inflation. Beyond that, the scope of a recession — or whether one will even occur — is subject to extensive debate. [Continue]
The Office of the Comptroller of the Currency is proposing ending the possibility of merger applications being approved based solely on the passage of time while adding transparency to standards consistent with merger approvals and denials. [Continue]
Between neo-banks, fintechs, alternative financing options, the big tech companies and large financial institutions, there is no shortage of competition for today’s community banks. [Continue]
The Consumer Financial Protection Bureau is looking to overhaul how banks and credit unions with more than $10 billion in assets determine overdraft expenses. [Continue]
Recently released climate risk principles for the largest banks reveal that regulators are losing sight of crucial safety and soundness risks, said Federal Reserve Gov. Michelle Bowman. [Continue]
BankBeat editor-at-large Jackie Hilgert spoke with Brian Hoffman, director of industry partnerships at Memphis-based Strategic Resource Management, about his career, the industry and his new role. [Continue]
As more community banks consider whether to offer artificial intelligence-powered services, Wausau, Wis.-based IncredibleBank is providing one template for success. [Continue]
For his advocacy work building up the industry at the local, state and national levels as well as his thoughtful, deliberate dedication to the essence of community banking, Bryan Bruns has been selected as BankBeat magazine’s 2024 Banker of the Year. [Continue]
With a toast to 2023, BankBeat.biz has compiled the five stories that especially captivated the industry during the previous 12 months. [Continue]
Minnesota banker Noah Wilcox has never seen this tight of a labor market in his nearly 30-year career. [Continue]