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Fannie, Freddie Ending Rental-Market Expansion

Fannie, Freddie Ending Rental-Market Expansion Fannie Mae and Freddie Mac are ending their expansion into the single-family rental market, the Federal Housing Finance Agency said. The enterprises...

Aug 22, 2018
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Article
Housing Finance/GSEs

United Bankers’ Bank Promotes Mary Williams to SVP, Chief Operations Officer

United Bankers’ Bank Promotes Mary Williams to SVP, Chief Operations Officer United Bankers’ Bank (UBB) has promoted Mary Williams to SVP, Chief Operations Officer, effective August 6. Williams...

Aug 17, 2018
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Article

Visa Examines Digital Trends and Consumer Expectations

Visa Examines Digital Trends and Consumer Expectations A Visa study examines how digital trends are reinventing consumer expectations. This shift in the ecosystem is driven by universal...

Aug 15, 2018
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Article

Bureau Offers HMDA Verification Tool

Bureau Offers HMDA Verification Tool The Bureau of Consumer Financial Protection launched the File Format Verification Tool for HMDA data collected in 2018 and submitted in 2019. The tool tests...

Aug 11, 2018
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Collecting Stories on Benefits of S. 2155

ICBA Collecting Stories on Benefits of S. 2155 ICBA is asking community bankers to share how passage of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) is helping their...

Aug 10, 2018
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Article
Regulatory Relief

Meta Financial Group, Inc.® Completes Acquisition of Crestmark® Bancorp, Inc.

Meta Financial Group, Inc.® Completes Acquisition of Crestmark® Bancorp, Inc. Meta Financial Group Inc.® (Nasdaq: CASH) ("Meta" or the “Company”) the holding company for MetaBank®, announced today...

Aug 01, 2018
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Article

ICBA Meets with White House, OMB on Sub S Deduction

ICBA Meets with White House, OMB on Sub S Deduction ICBA met with staff from the White House and the Office of Management and Budget on the Treasury Department’s proposed regulation to implement a...

Jul 31, 2018
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Article

ICBA Grows Advocacy, Member Relations and Marketing Departments with New Hires

ICBA Grows Advocacy, Member Relations and Marketing Departments with New Hires ICBA today announced three new hires. David “Chip” Bartlett will serve as vice president of congressional relations,...

Jul 30, 2018
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Article

Treasury Issues Plan for Sub S Tax Deduction

Treasury Issues Plan for Sub S Tax Deduction The Treasury Department issued its highly anticipated proposed rule to implement the Tax Cuts and Jobs Act’s 20 percent tax deduction for pass-through...

Aug 10, 2018
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Article
Taxes & Budget

Roselle Savings Bank Announces Name Change, New Logo, Branch Upgrades, and New Products

Roselle Savings Bank Announces Name Change, New Logo, Branch Upgrades, and New Products Roselle Savings Bank, which has served central and northern New Jersey for nearly 130 years, has changed its...

Aug 08, 2018
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Article

Data Breaches Reach New Record in 2017: Report

Data Breaches Reach New Record in 2017: Report The number of U.S. data breaches hit a new all-time high in 2017, according to the Identity Theft Resource Center. Identified breaches rose 44.7...

Jul 30, 2018
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Article
Data Breach Data Security/Fraud

Senate Taking Up Flood Insurance Extension

Senate Taking Up Flood Insurance Extension The Senate this week is scheduled to take up House-passed legislation to extend the National Flood Insurance Program. The House bill would extend the...

Jul 30, 2018
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Article
Flood Insurance

FDIC Needs Better IT Coordination: Watchdog

FDIC Needs Better IT Coordination: Watchdog The FDIC has not developed sufficient strategies for several information technology transitions, the agency’s inspector general said. The Office of the...

Jul 30, 2018
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Article
Agencies/Regulators 

FS-ISAC Advises Closer Look at Cyber Insurance

FS-ISAC Advises Closer Look at Cyber Insurance Not understanding cyber-insurance policy riders can come back to haunt covered parties, the Financial Services Information Sharing and Analysis Center...

Jul 30, 2018
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Article
Cybersecurity

Consumers National Bank Promotes Kennie Baker To Commercial Deposit Specialist

Consumers National Bank Promotes Kennie Baker To Commercial Deposit Specialist Minerva, Ohio–Consumers National Bank announced today that it has promoted Kennie Baker to Assistant Vice President,...

Jul 26, 2018
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Article

A Turning Point for the Industry

A Turning Point for the Industry By Kevin Tweddle I tend to view prognostication articles as clickbait. They’re either too general or too far off to provide actionable intelligence. That said,...

Jul 26, 2018
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Article
Fintech Innovation

Keshaun Clark Honored by Alexandria Chamber of Commerce for 40 Under 40

Keshaun Clark Honored by Alexandria Chamber of Commerce for 40 Under 40 Keshaun R. Clark, Vice President, Business Development Officer, has been recognized by the Alexandria Chamber of Commerce as...

Jul 24, 2018
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Article

CoastalSouth Bancshares, Inc. Closes Merger with First Citizens Financial Corporation

CoastalSouth Bancshares, Inc. Closes Merger with First Citizens Financial Corporation CoastalSouth Bancshares, Inc. (“CoastalSouth”), the parent company of CoastalStates Bank (“CSB”), announced the...

Jul 24, 2018
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Article

Clinton Savings Bank Employees Donate Over Six Hundred Dollars to the Neady Cats Organization

Clinton Savings Bank Employees Donate Over Six Hundred Dollars to the Neady Cats Organization Clinton Savings Bank (CSB) recently presented over six hundred dollars to the Neady Cats Organization,...

Jul 24, 2018
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Article

Fleetwood Bank awards $8,000.00 scholarship to Reese R. Kauffman from Oley Valley High School

Fleetwood Bank awards $8,000.00 scholarship to Reese R. Kauffman from Oley Valley High School Fleetwood Bank is pleased to announce that Reese R. Kauffman, a 2018 Oley Valley High School graduate,...

Jul 23, 2018
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Article