One in 10 community banks planning to launch crypto services
Insights from the 2022 Federal Reserve/CSBS survey of community banks.
Browsing: Community Banking
Fed Gov. Bowman: ‘Imperative’ to modernize evaluation of bank competition
Federal Reserve Gov. Michelle Bowman discussed the “new and evolving competitive landscape” for U.S. banking services, with particular emphasis on community banks.
Podcast: How middleware can accelerate community bank innovation
Christian Ruppe co-founded a fintech firm when he was in college — and later he…
Podcast: How can federal mutuals and thrifts benefit from HOLA flexibility?
After a long legislative and regulatory advocacy effort, federal thrifts can finally elect “covered savings association” status, allowing them to exercise national bank powers without having to change their charters, holding companies or cultural identities as savings institutions.
Podcast: How #BanksNeverAskThat helps protect bank clients against fraud
The latest incarnation of ABA’s award-winning #BanksNeverAskThat anti-phishing campaign returns in October. The season premiere of the ABA Banking Journal Podcast features a banker’s perspective on participating in the campaign and a sneak preview of new creative.
M&A News: TowneBank expands in Virginia
TowneBank in Suffolk, Virginia, has agreed to buy Farmers Bankshares in Windsor, Virginia. The $16.9 billion-asset TowneBank said in a press release Thursday that it will pay $56 million in stock for the $609 million-asset Farmers.
Survey: Community bank CEOs focused on growing loans
A new survey of more than 100 top executives at community and regional banks and credit unions found that a majority list growing loans as their top strategic priority.
Strategies for swollen balance sheets
The solutions for near-term balance sheet challenges may pose greater problems in the long run.
Podcast: Engineering a framework for enterprise risk
As a former engineer, Jennifer Schmidt brings an understanding of systems and integration to her work as a community bank chief compliance officer.
CDFI Fund seeks feedback on criteria for designating ‘minority lending institutions’
The Community Development Financial Institutions Fund is asking for public feedback to refine the criteria it should use to designate “minority lending institutions” as a subset of CDFIs.