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Automated Systems, Inc. Announces Gold Level Envision Partner Status

Automated Systems, Inc. Announces Gold Level Envision Partner Status Automated Systems, Inc. (ASI), a leading provider of core banking software for community banks, announced its status as a Gold...

Aug 14, 2018
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Article

Consumer Bureau Joins Innovation Network

Consumer Bureau Joins Innovation Network The Bureau of Consumer Financial Protection and 11 international financial regulators said they plan to create a global network to promote innovation. The...

Aug 10, 2018
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Article
Consumer Financial Protection Bureau (CFPB)

Tell HUD to Amend Disparate-Impact Rule

Tell HUD to Amend Disparate-Impact Rule ICBA is urging community bankers to tell the Department of Housing and Urban Development to amend its fair lending disparate-impact rule to meet the...

Aug 10, 2018
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Article
Grassroots/Be Heard Fair Lending Lending

Chelsea Groton Bank Proudly Introduces A Switch Hotline

Chelsea Groton Bank Proudly Introduces A Switch Hotline In order to assist individuals and families in switching to a better banking experience, Chelsea Groton Bank is pleased to introduce a new...

Sep 07, 2018
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Article

OneRD Guaranteed Loan Rule

OneRD Guaranteed Loan Rule The USDA Rural Development Innovation Center is working to combine four guaranteed loan programs under a single regulation. This rule will improve agency efficiency in...

Sep 06, 2018
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Article

USDA Details Trade Payments Alongside Mexico Deal

USDA Details Trade Payments Alongside Mexico Deal The USDA released details of it's plans to protect farmers from foreign trade retaliation. The department has authorized $12 billion for several...

Aug 28, 2018
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Article
Agriculture

Roselle Bank Begins Renovations of Operations Center

Roselle Bank Begins Renovations of Operations Center Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has begun renovating its operations center, located at 108...

Aug 27, 2018
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Article

Agencies Advance 18-Month Exam Cycle

Agencies Advance 18-Month Exam Cycle Federal regulators issued interim final rules to enact an ICBA-advocated provision of the S. 2155 regulatory relief law expanding eligibility for the 18-month...

Aug 24, 2018
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Article

Farm Bill Conference Schedules Public Meeting

Farm Bill Conference Schedules Public Meeting House and Senate Agriculture Committee leaders scheduled the first public meeting of the farm bill conference committee. The meeting is scheduled for...

Aug 23, 2018
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Article
Agriculture

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

CHELSEA GROTON FOUNDATION Awards Over $189K in Grants to Area Organizations

CHELSEA GROTON FOUNDATION Awards Over $189K in Grants to Area Organizations The Chelsea Groton Foundation awarded $189,585 in grants to 67 non-profit organizations from Connecticut and Rhode...

Jul 13, 2018
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Article

THE STATE BANK PROMOTES VICE PRESIDENT

THE STATE BANK PROMOTES VICE PRESIDENT The State Bank is proud to announce the promotion of Linda Gregory to Vice President. Linda joined the bank in April 1991 as a teller before moving to the...

Jul 13, 2018
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Article

ICBA Names NextGen Scholarship Award Recipients

ICBA Names NextGen Scholarship Award Recipients ICBA today announced the recipients of its 2018 NextGen Scholarship Awards. Scholarships help foster future community bank leaders Washington, D.C....

Jul 27, 2018
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Article
Succession Planning

Six traits that achieve fintech success

Six traits that achieve fintech success By Kevin Tweddle Community banks partner with fintech companies for any number of reasons. But before you dive into this process, it’s critical to be...

Jul 26, 2018
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Article
Fintech Innovation

FNBC Bank announces LPO in Jonesboro

FNBC Bank announces LPO in Jonesboro FNBC Bank CEO and President Marty Sellars has announced the bank’s move into Jonesboro with the hire of Brad Snider as Community President and Brock Fletcher as...

Jul 24, 2018
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Article

Chelsea Groton Foundation Presents Scholarships to 19 Rising College Students

Chelsea Groton Foundation Presents Scholarships to 19 Rising College Students The Chelsea Groton Foundation recently presented scholarships to a select group of graduating seniors who represent 19...

Jul 24, 2018
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Article

Regal Bank Promotes Zoraida Duran

Regal Bank Promotes Zoraida Duran Regal Bank recently promoted Zoraida Duran to assistant treasurer and Bank Secrecy Act (BSA) administrator at their bank headquarters in Livingston, NJ. BSA...

Jul 24, 2018
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Article

5-Star Chelsea Groton Bank Among the Top 10% of the Nation’s Banks

5-Star Chelsea Groton Bank Among the Top 10% of the Nation’s Banks BAUERFINANCIAL, the Nation’s Premier Bank Rating Firm, is proud to announce that Chelsea Groton Bank, has once again secured its...

Jul 23, 2018
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Article

Gulf Coast Bank & Trust Company Seeking Donations for Auctions in August Fundraiser Event to Benefit Non-profits

Gulf Coast Bank & Trust Company Seeking Donations for Auctions in August Fundraiser Event to Benefit Non-profits NEW ORLEANS, JULY 10, 2018–Gulf Coast Bank & Trust Company’s Auctions in August...

Jul 10, 2018
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Article

THE STATE BANK PROMOTES OFFICER

THE STATE BANK PROMOTES OFFICER The State Bank is proud to announce the promotion of Stephanie Domina to Officer. Stephanie joined the bank is November 2015 as a branch manager in Birch Run, and...

Jul 13, 2018
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Article

THE STATE BANK PROMOTES ASSISTANT VICE PRESIDENT

THE STATE BANK PROMOTES ASSISTANT VICE PRESIDENT The State Bank is proud to announce the promotion of Brooke Jansen to Assistant Vice President. Brooke joined the bank in December 2002 as a...

Jul 13, 2018
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Article