Banking Rural America
If we aren’t able to find a way to backfill areas hit hard by bank consolidation, the nation’s impressive economic recovery and growth will leave those towns behind.
Browsing: Bank consolidation
A Fresh Perspective
With a powerful personal story and real-world banking experience, Jelena McWilliams is shaking up the FDIC.
Podcast: Strategies That Work for Small Market Economic Development
Small cities, small towns and rural areas are facing a variety of structural headwinds, from demographic declines to globalization to the digital transformation of the economy. But locally owned community banks remain a strong countervailing force to help these communities navigate the transition.
Podcast: A Rural Ag Bank Dodges the Consolidation Trend
On the latest episode of the ABA Banking Journal Podcast, Scott discusses how she teamed up with investors in her community to keep Union State Bank independent and provides advice for community bankers seeking to follow the same path.
Fed’s Quarles: Rural Markets Retain Community Bank Presence, but Not HQs
Community bank locations have remained present in rural markets at roughly the same rate over the past two decades, even as consolidation means that bank headquarters have closed in many of these markets, Federal Reserve Vice Chairman for Supervision Randal Quarles said today at an industry event in St. Louis.
Growing Strong
Despite industry consolidation, America’s banks remain strong and well-capitalized.
Newsbytes Podcast: How Banks Choose Their Own Destinies in a World of Consolidation
On the latest issue of the Newsbytes Podcast, guests Brittany Kleinpaste and Monica C. Meinert discuss the ongoing macro-trend of bank consolidation — why it’s happening, how it’s accelerated over the past decade and what strategies banks are employing to determine their own destiny.
Adapting to Survive
How community banks are making changes to their ownership and operational structures to remain independent in a consolidating environment.
Gruenberg: Eight Deposit Insurance Applications Approved in Past Year
The FDIC has approved eight applications for deposit insurance in the past year — a number of de novo approvals exceeding the total of new charters granted from 2010 to 2016 — said FDIC Chairman Martin Gruenberg in Springfield, Ill., today
Finding the Perfect Niche
Meet ABA Treasurer George Hermann, an optimistic ambassador for mutual community banks.