Studies show most Americans have too much debt and not enough savings. Being prepared doesn’t have to be a chore or a burden. With a few simple steps you can start stockpiling a nest egg that will carry you through life’s unexpected twists and turns.
Some boards function as little more than an audience for management while others serve the institution as a true asset. Here’s how you can tell the difference.
To start out the year, I’d like to both properly memorialize the late, great Alex Trebek and provide some helpful suggestions for investment management in this challenging rate environment in which we find ourselves. And I’d like to do it in the space of this column, so let’s pick up our signaling devices and see what answers we have in front of us.
SRM founder and principal Brad Stevens has been leading the credit industry as an analyst, trainer and consultant for over 30 years. Read Brad's Economic Update for Bank Directors.
Economic security rapidly evaporated for many households in 2020 as the coronavirus imposed an indelible mark on our nation’s economy. While the consequences were unprecedented, data continues to affirm the vitality of community banks.
It’s a new year and for many of you, your annual employee training calendar is just kicking off. Regardless of where you are in the process, we want to make you are aware of some of great courses coming to you in the very near future.
In a time of ambiguity, you take notice when there’s unilateral consensus, as was the case at last month’s ThinkTECH Policy Summit. During the summit, assembled regulators, legislators, and community bankers all agreed that community bank innovation will drive the future of financial services.
Community bankers have hit the ground running this year with another round of Paycheck Protection Program lending, Economic Impact Payment processing, and the everyday business of supporting local communities during the pandemic.
In our industry if you’re not moving forward, you’re in danger of falling behind. It’s why we created the ICBA ThinkTECH Accelerator program—to foster community bank innovation.
The end of 2020 is here and so is the end of Adobe Flash! All Community Banker University courses have been converted out of Flash and into HTML so you should have no trouble launching courses come Jan. 1, 2021.
We have had to juggle countless responsibilities this year—to our families, to our businesses, to our communities, to each other. With so many simultaneous demands, we have had to make no shortage of sacrifices.
Last month Google unveiled its new Google Pay app—complete with a DDA-like account attached. This latest effort by Google is part of a trend of non-bank tech companies wading into payments territory.
As we near the close of 2020, we’re all crossing our fingers and hoping that 2021 brings a stronger sense of stability and normalcy. No matter how we define it, “normal” will differ dramatically from this point forward.
Over time, a business relationship develops, much of which is a matter of convenience for the busy portfolio manager. And out of this relationship comes dialogue. In 2020, the dialogue has gone places it had not yet visited. So, as the year ends, and hopefully the COVID-19-dominated headlines begin to recede, ICBA Securities' Jim Reber recounts some questions and comments he's heard for the first time this year.
On Nov. 18, the Internal Revenue Service (IRS) issued Revenue Ruling 2020-27 and Revenue Procedure 2020-51. This guidance collectively addresses the timing of the disallowance of deduction of eligible costs incurred during 2020 that were paid using proceeds from a loan guaranteed under the Paycheck Protection Program (PPP).
Bitcoin’s market cap is larger than the economies of some of the world’s smaller nations. The prices of popular cryptocurrencies continue to soar to new heights. Meanwhile, several financial institutions and tech giants announced significant digital asset initiatives.
As you know, there are currently two forms of central bank money in America: paper currency and money held by institutions on deposit at the Federal Reserve Banks. CBDC would be a new, third form — a “digital form of central bank money that is different from balances in traditional reserve or settlement accounts.”
