FDIC Chair Jelena McWilliams will deliver a keynote address at this year’s ABA Annual Convention, to be held Oct. 21-23 in New York, the association announced today.
Browsing: De novo banks
FDIC-insured banks and savings institutions earned $60.2 billion in the second quarter, a 25.1 percent increase from the industry’s earnings a year before, the FDIC said today.
Amid growing interest among investors and bankers in de novo bank charters, ABA Chairman Ken Burgess convened a banker task force to identify current obstacles to de novo formation and recommend solutions.
Giving her first public remarks since becoming FDIC chairman two weeks before, Jelena McWilliams today previewed several elements of her agenda at an industry conference in Washington, D.C.
“Do you really think I could do this?” the aspiring entrepreneur asks Patti Husic. She offers encouragement, understanding the value of imagination and inspiration in helping small businesses launch and grow.
Pilot Bank in Tampa, Fla., is a full-service $305 million community bank with a unique wing: private aircraft finance.
The FDIC said today that it will begin using electronic fingerprints in background checks where required for applications for federal deposit insurance, replacement of board members and senior management and other procedures.
What keeps Frank Sorrentino up at night? It’s the question of culture — maintaining “the same level of entrepreneurial spirit in the company as the company continues to grow,” says Sorrentino on the latest episode of the ABA Banking Journal Podcast.
On the latest episode of the ABA Newsbytes Podcast, Jeffrey Ball — president and CEO of Friendly Hills Bank, Whittier, Calif. — discussed several emerging issues in public policy — including banks’ role in financial innovation and protecting consumers, as well as the increasingly urgent need to address banking marijuana-related businesses.
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.