As consumers increasingly access banking services through digital channels, the vast majority of branch closures have been concentrated in well-off areas.
Browsing: Community Banking
The accelerating trend of credit unions acquiring banks “means fewer businesses contributing to the tax base supporting our communities,” wrote ABA Chair-Elect Laurie Stewart in a Puget Sound Business Journal op-ed today.
Natalie Bartholomew is chief administrative officer at Grand Savings Bank in northwestern Arkansas, but she is probably better known for her popular blog “The Girl Banker,” which provides advice on career advancement and work-life balance for women in banking as well as spotlighting female leaders in financial services.
In a letter to the National Credit Union Administration board Friday, ABA expressed grave concern over NCUA’s recent vote to delay for a second time the required implementation of the 2015 risk-based capital rules.
The Financial Accounting Standards Board’s current expected credit loss model for loan loss accounting is a solution in search of a problem, according to an op-ed by Brice Luetkemeyer in American Banker today.
As urban areas across the country grow and change, community development financial institutions like Metro Bank in Louisville, Ky., are meeting the unique needs of these evolving neighborhoods.
Three insurance products where banks are finding success with customers—and the bottom line.
By a two-to-one vote, the National Credit Union Administration board today finalized a controversial proposal to raise the threshold at which credit unions must obtain appraisals for commercial real estate transactions from $250,000 to $1 million.
For Monica Sylvain, chief diversity officer at Louisiana-based IberiaBank, a focus on diversity, equity and inclusion (or DE&I, as it’s increasingly widely known) starts with building community.