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Gerrish’s Musings on the new tax act, an unusual bank closure, boards being held hostage & more

Gerrish’s Musings on the new tax act, an unusual bank closure, boards being held hostage & more Latest Gerrish’s Musings on the new tax act, an unusual bank closure, boards being held hostage &...

Jan 22, 2018
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Article

2017 Donations New Tripoli Bank

2017 Donations New Tripoli Bank Since 1909 New Tripoli Bank has been committed to helping our community. Since 1909 New Tripoli Bank has been committed to helping our community. Currently, New...

Jan 19, 2018
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Article
Rural Development

U.S. Banks’ Concerns with Compliance, Risk Management on the Rise According to Wolters Kluwer Indicator

U.S. Banks’ Concerns with Compliance, Risk Management on the Rise According to Wolters Kluwer Indicator Wolters Kluwer today announced results of its annual Regulatory and Risk Management Indicator...

Jan 04, 2018
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Article
Cybersecurity

Servicemember Foreclosure Sunset Date Extended

Servicemember Foreclosure Sunset Date Extended Military personnel will receive certain protections under the Servicemembers Civil Relief Act through Dec. 31, 2019, due to legislation signed into...

Dec 15, 2017
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Article
Compliance

TFNB Expands Charity Champions, Hires Former CRU Exec to Head Bank’s Community Outreach

TFNB Expands Charity Champions, Hires Former CRU Exec to Head Bank’s Community Outreach MCGREGOR, TX (December 12, 2017) — As TFNB Your Bank for Life expands its footprint in Central Texas, the...

Dec 12, 2017
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Article

Meridian Bank Rings Nasdaq Stock Market Closing Bell

Meridian Bank Rings Nasdaq Stock Market Closing Bell Meridian Bank Chairman and CEO Chris Annas joined with members of Meridian senior management to ring the Nasdaq Stock Market closing bell on...

Dec 07, 2017
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Article

ICBA Thanks Senate Committee for Passing Community Bank Regulatory Relief

ICBA Thanks Senate Committee for Passing Community Bank Regulatory Relief ICBA thanked the Senate Banking Committee for advancing bipartisan legislation to stimulate local economic growth by...

Dec 05, 2017
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Article
Regulatory Relief

Labor Department Extends Fiduciary Rule Deadline

Labor Department Extends Fiduciary Rule Deadline ICBA filed a lawsuit on behalf of community banks against Equifax Inc. for its breach of 145.5 million consumer records and 209,000 payment cards...

Nov 29, 2017
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Article
Department of Labor

ICBA Extends iHELP Relationship for Community Bank Issued Student Loans ​

ICBA Extends iHELP Relationship for Community Bank Issued Student Loans ​ ICBA has extended its Preferred Service Provider relationship with iHELP to help students and their families cover the gap...

Nov 17, 2017
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Article
Consumer Lending

CFPB Publishes Payday Loan Rule in Federal Register

CFPB Publishes Payday Loan Rule in Federal Register The Consumer Financial Protection Bureau published its "Payday, Vehicle Title, and Certain High-Cost Installment Loans," rule in today's Federal...

Nov 17, 2017
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Article
Compliance

Southern First Bank Expands to the Atlanta/Buckhead Market

Southern First Bank Expands to the Atlanta/Buckhead Market Greenville, South Carolina – November 14, 2017 – Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank,...

Nov 15, 2017
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Article

ICBA Announces Staff Promotions

ICBA Announces Staff Promotions The Independent Community Bankers of America announced the following staff promotions, which go into effect immediately. Washington, D.C. (Nov. 13, 2017)—The...

Nov 13, 2017
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Article

Gerrish’s Musings on excess capital, BHC benefits, friendlier regulators & more

Gerrish’s Musings on excess capital, BHC benefits, friendlier regulators & more Latest Gerrish’s Musings on excess capital, BHC benefits, friendlier regulators & more 2017-12-01

Dec 01, 2017
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Article

Beyond Sentimentality - Why recognizing milestones is good for business

Beyond Sentimentality - Why recognizing milestones is good for business There are occasions that make us smile or tug at our heartstrings, like a child’s first step or a couple’s 50th wedding...

Nov 20, 2017
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Article

First International Bank & Trust Welcomes Brooks Crandell, Senior Trust Officer

First International Bank & Trust Welcomes Brooks Crandell, Senior Trust Officer Camelback, AZ – First International Bank & Trust (FIB&T) is proud to welcome Brooks Crandell as a Senior Trust...

Nov 17, 2017
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Article

ICBA Statement on House Passage of Tax Reform Bill

ICBA Statement on House Passage of Tax Reform Bill ICBA President and CEO Camden R. Fine issued a statement on today’s House passage of the pro-growth Tax Cuts and Jobs Act (H.R. 1). Washington,...

Nov 16, 2017
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Article
Taxes & Budget

ICBA Statement on Confirmation of Otting as Comptroller of the Currency

ICBA Statement on Confirmation of Otting as Comptroller of the Currency ICBA President and CEO Camden R. Fine issued a statement on Joseph Otting’s confirmation as comptroller of the currency....

Nov 16, 2017
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Article
Office of the Comptroller of Currency (OCC)

Boiling Springs Savings Bank Passes $3 Million Milestone with Innovative Philanthropic Program

Boiling Springs Savings Bank Passes $3 Million Milestone with Innovative Philanthropic Program Boiling Springs Savings Bank, which has provided sound financial services to individuals and...

Nov 13, 2017
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Article

Kinderhook Bank Appoints Harry Kabalian, Chief Financial Officer

Kinderhook Bank Appoints Harry Kabalian, Chief Financial Officer (Kinderhook, NY – November 1, 2017) Kinderhook Bank Corp., (OTCQB:NUBK), the holding company (the “Company”) for The National Union...

Nov 01, 2017
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Article

Bank of Ann Arbor Honors Area Vets – Announces Three Initiatives

Bank of Ann Arbor Honors Area Vets – Announces Three Initiatives Ann Arbor, Michigan, October 27, 2017 – Bank of Ann Arbor is pleased to announce three initiatives aimed at honoring and thanking...

Oct 27, 2017
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Article

First International Bank & Trust Welcomes Cheryl Streifel, Director of Human Resources & Training

First International Bank & Trust Welcomes Cheryl Streifel, Director of Human Resources & Training Bismarck, ND – First International Bank & Trust (FIB&T) is proud to welcome Cheryl Streifel as the...

Oct 26, 2017
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Article

County National Bank Supports Area 29 Special Olympics

County National Bank Supports Area 29 Special Olympics Hillsdale, Michigan – County National Bank (CNB) donated funds to Special Olympics Michigan of Hillsdale and Lenawee Counties. Special...

Oct 11, 2017
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Article

ICBA Statement on Testimony from FHFA Director Mel Watt

ICBA Statement on Testimony from FHFA Director Mel Watt Independent Community Bankers of America® (ICBA) President and CEO Camden R. Fine issued the following statement on today’s congressional...

Oct 03, 2017
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Article
Federal Housing Finance Agency Housing Finance/GSEs

Hanson Foundation Surpasses $50 Million in Awarded Funds

Hanson Foundation Surpasses $50 Million in Awarded Funds FOR IMMEDIATE RELEASE (Forest City, Iowa) – Guided by the vision of their parents and committed to the community banking pillar of giving,...

Oct 03, 2017
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Article

Chelsea Groton Bank Ranked A 5-Star Superior Bank

Chelsea Groton Bank Ranked A 5-Star Superior Bank GROTON, Conn. – Chelsea Groton Bank has again earned a coveted 5-Star rating from BAUERFINANCIAL, the Nation’s Premier Bank Rating Firm. A...

Oct 18, 2017
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Article

First International Bank & Trust Welcomes Keri Landry, Card Services Manager

First International Bank & Trust Welcomes Keri Landry, Card Services Manager Fargo, ND – First International Bank & Trust (FIB&T) is proud to welcome Keri Landry as the Card Services Manager. Keri...

Oct 13, 2017
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Article

First International Bank & Trust Welcomes Eric Wingenbach, Human Resource Recruiting Administrator

First International Bank & Trust Welcomes Eric Wingenbach, Human Resource Recruiting Administrator Bismarck, ND – First International Bank & Trust (FIB&T) is proud to welcome Eric Wingenbach as the...

Oct 13, 2017
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Article

Bank of McKenney and CCB Bankshares, Inc. announce regulatory approvals for proposed merger

Bank of McKenney and CCB Bankshares, Inc. announce regulatory approvals for proposed merger Bank of McKenney (“McKenney”) (OTC Pink: BOMK) and CCB Bankshares, Inc. (“CCB”) (OTC Pink: CZYB), parent...

Oct 13, 2017
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Article

New Gerrish’s Musings on the Doctrine of Prior Decisions, difficult transactions, dividend reinvestment & more

New Gerrish’s Musings on the Doctrine of Prior Decisions, difficult transactions, dividend reinvestment & more New Gerrish’s Musings on the Doctrine of Prior Decisions, difficult transactions,...

Oct 13, 2017
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Article

Red River Bank - Educating the Community One Person at a Time

Red River Bank - Educating the Community One Person at a Time Educational outreach offers opportunities for financial empowerment Alexandria, Louisiana (October 11, 2017) – If your credit is in...

Oct 11, 2017
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Article

Rick Hutchison Joins Arundel Federal Savings Bank Residential Lending Team

Rick Hutchison Joins Arundel Federal Savings Bank Residential Lending Team (GLEN BURNIE, Maryland – Thursday, October 05, 2017) Arundel Federal Savings Bank President Dave Costello has announced...

Oct 05, 2017
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Article

Expectations for Improvement for Economic Conditions Hits Low Among Bank Executives According to Latest Bank Executive Business Outlook Survey From Promontory Interfinancial Network

Expectations for Improvement for Economic Conditions Hits Low Among Bank Executives According to Latest Bank Executive Business Outlook Survey From Promontory Interfinancial Network Expectations...

Oct 02, 2017
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Article

Wolters Kluwer Adds SaaS-based Workflow Solution to Commercial Lending Portfolio

Wolters Kluwer Adds SaaS-based Workflow Solution to Commercial Lending Portfolio CASH Workflow™ gives lenders more control and visibility of their origination process to increase efficiency ...

Oct 03, 2017
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Article

New Gerrish’s Musings on Directors, Wells Fargo & FDIC Appeal Procedures

New Gerrish’s Musings on Directors, Wells Fargo & FDIC Appeal Procedures New Gerrish’s Musings on directors, Wells Fargo & FDIC appeal procedures 2017-10-02

Oct 02, 2017
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Article

Bank of Ann Arbor Selected as One of Michigan’s Best and Brightest in Wellness®

Bank of Ann Arbor Selected as One of Michigan’s Best and Brightest in Wellness® Ann Arbor, Michigan, September 25, 2017 – Bank of Ann Arbor is pleased to announce its selection as one of Michigan’s...

Sep 25, 2017
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Article

Kinderhook Bank Opens New Delmar Branch at 197 Delware Avenue

Kinderhook Bank Opens New Delmar Branch at 197 Delware Avenue Kinderhook – September 18, 2017) Kinderhook Bank (OTCQB: NUBK) has opened a full-service banking center at 197 Delaware Avenue in...

Sep 18, 2017
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Article

First Exchange Bank Selected as a Recipient of the 2017 Governor’s Service Award

First Exchange Bank Selected as a Recipient of the 2017 Governor’s Service Award MANNINGTON: First Exchange Bank is pleased to announce being selected as a recipient of the 2017 Governor’s Service...

Sep 15, 2017
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Article

Meet Kathy Newcomb, Community Bank Delaware Board Member Since 2013

Meet Kathy Newcomb, Community Bank Delaware Board Member Since 2013 Kathy Newcomb currently serves as the Senior Vice President of Marketing and Client Services for Coldwell Banker Resort Realty...

Sep 13, 2017
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Article

First International Bank & Trust Welcomes Danielle Smith, Learning & Development Lending Instructor

First International Bank & Trust Welcomes Danielle Smith, Learning & Development Lending Instructor FARGO, ND – First International Bank & Trust (FIB&T) is proud to welcome Danielle Smith as the ...

Sep 12, 2017
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Article

ICBA-Backed Escrow Relief Bill Gets Hearing

ICBA-Backed Escrow Relief Bill Gets Hearing The House Subcommittee on Financial Institutions and Consumer Credit took up ICBA-supported legislation to provide needed regulatory relief for mortgage...

Sep 08, 2017
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Article

Huron Community Bank - Community Service Project

Huron Community Bank - Community Service Project This year Huron Community Bank employees painted the animal characters at the playground in Gateway Park – Tawas City. Huron Community Bank is a...

Sep 28, 2017
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Article

The Hartford Courant Names Chelsea Groton Bank a Winner of the Greater Hartford 2017 Top Workplaces Award

The Hartford Courant Names Chelsea Groton Bank a Winner of the Greater Hartford 2017 Top Workplaces Award GROTON, Conn. – Chelsea Groton Bank has been awarded a 2017 Top Workplaces honor by The...

Sep 27, 2017
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Article

Bank of McKenney and Citizens Community Bank Unite to Become Touchstone Bank

Bank of McKenney and Citizens Community Bank Unite to Become Touchstone Bank Bank of McKenney and Citizens Community Bank announced today that upon completion of their merger, which is expected to...

Sep 26, 2017
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Article

Community Bankers Association of Georgia Elects 2017-2018 Board of Directors

Community Bankers Association of Georgia Elects 2017-2018 Board of Directors Scott Tomlinson, CEO, Flint Community Bank, Albany, was installed as the 2017-2018 Chairman of the Community Bankers...

Sep 25, 2017
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Article

Northview Bank & Northview Bank Employees Raised $3,000 Through Their "Denim Day" Program

Northview Bank & Northview Bank Employees Raised $3,000 Through Their "Denim Day" Program The "Denim Day" program allowed employees to wear jeans on Friday’s to the office if a donation was made to...

Sep 19, 2017
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Article

Axiom Bank Donates $25,000 for Irma Relief

Axiom Bank Donates $25,000 for Irma Relief Bank Also Provides Storm-Related Reimbursements to Employees ORLANDO, Fla. (Sept. 18, 2017) – Acting on its commitment to aid in the recovery from...

Sep 18, 2017
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Article
Advocacy

GST Chairman’s Forum on Compensation Committee, Director Expectations and Unique Boards

GST Chairman’s Forum on Compensation Committee, Director Expectations and Unique Boards August - September, 2017 GST Chairman’s Forum on Compensation Committee, Director Expectations and Unique...

Sep 15, 2017
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Article

First International Bank & Trust Joe Sumers Named Licensed Appraiser

First International Bank & Trust Joe Sumers Named Licensed Appraiser FARGO, ND – First International Bank & Trust (FIB&T) is proud to announce Joe Sumers as the FIB&T licensed appraiser. Joe has...

Sep 12, 2017
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Article

Equifax Breach Could Affect 143M Consumers

Equifax Breach Could Affect 143M Consumers Equifax reported a data breach that could potentially affect 143 million U.S. consumers. Equifax reported a data breach that could potentially affect 143...

Sep 08, 2017
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Article
Data Breach Data Security/Fraud

Charles C. Pearson, Jr. Joins Old Dominion National Bank Board of Directors

Charles C. Pearson, Jr. Joins Old Dominion National Bank Board of Directors Veteran community banker and public company director joins Board of growing Tysons Corner bank TYSONS CORNER, Va.,...

Sep 08, 2017
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Article

FAQs Emphasize Scalability of New Accounting Standard

FAQs Emphasize Scalability of New Accounting Standard Federal regulators released updated Frequently Asked Questions on the Financial Accounting Standards Board’s Current Expected Credit Loss...

Sep 07, 2017
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Article
Current Expected Credit Losses (CECL) Audit

Agencies Issue Joint Statement on Hurricane Irma

Agencies Issue Joint Statement on Hurricane Irma Federal and state banking regulators said they will provide regulatory assistance to institutions affected by Hurricane Irma. Federal and state...

Sep 07, 2017
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Article
Advocacy

ICBA Advocates Timely NFIP Reauthorization

ICBA Advocates Timely NFIP Reauthorization ICBA called on Congress to ensure a timely reauthorization of the National Flood Insurance Program that avoids unnecessary market disruptions. ICBA called...

Sep 07, 2017
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Article
Flood Insurance

Gerrish’s Musings on BHCs, fiduciary duties, confidentiality in acquisition & more

Gerrish’s Musings on BHCs, fiduciary duties, confidentiality in acquisition & more August 31, 2017 Gerrish’s Musings on BHCs, fiduciary duties, confidentiality in acquisition & more 2017-08-31

Aug 31, 2017
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Article

Banking Periodical Profiles NCBSA Recipient

Banking Periodical Profiles NCBSA Recipient A Midwest-based e-newsletter that covers bank industry-related events featured a story about one of ICBA’s 2017 National Community Bank Service Award...

Aug 24, 2017
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Article

Fleetwood Bank Opens New Branch in Boyertown

Fleetwood Bank Opens New Branch in Boyertown Fleetwood Bank is excited to announce that the new branch office located at 216 E. Philadelphia Avenue in Boyertown is now open! This full-service...

Sep 08, 2017
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Article

Home Depot Class Action Deadline Next Week

Home Depot Class Action Deadline Next Week The deadline for banks to file a claim in the Home Depot class-action settlement is next Thursday, Sept. 14. The deadline for banks to file a claim in the...

Sep 07, 2017
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Article
Data Security/Fraud

Kinderhook Bank Corp. and Patriot Federal Bank Announce Shareholder Approval of Proposed Merger

Kinderhook Bank Corp. and Patriot Federal Bank Announce Shareholder Approval of Proposed Merger Kinderhook Bank Corp. (“KBC”) (OTCQB: NUBK), the parent bank holding company of The National Union...

Sep 05, 2017
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Article

Gerrish’s Musings on TRUPS resolution, dividends, inexperienced buyers & more

Gerrish’s Musings on TRUPS resolution, dividends, inexperienced buyers & more August 15, 2017 Gerrish’s Musings on TRUPS resolution, dividends, inexperienced buyers & more 2017-08-17

Aug 17, 2017
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Article

PULSE Study: Debit Fraud Loss Rates Decline After Chip Cards Introduced

PULSE Study: Debit Fraud Loss Rates Decline After Chip Cards Introduced 2017 Debit Issuer Study finds continued growth in debit and mobile wallet enrollment HOUSTON, August 14, 2017 — According to...

Aug 14, 2017
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Article