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FDIC announces Signature Bank buyer

The FDIC announced a purchase-and-assumption agreement with Flagstar Bank of Hicksville, N.Y., for substantially all deposits and certain loan portfolios of Signature Bridge Bank.

Mar 20, 2023
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Article
Too-Big-To-Fail/Systemic Risk

Georgia Banker Elected ICBA Chairman

Derek B. Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., was elected chairman of the Independent Community Bankers of America for 2023-24. His term begins March 16 at the...

Mar 16, 2023
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Article

ICBA Announces 2023-24 Executive Committee

The Independent Community Bankers of America® (ICBA) today announced the election of its 2023-24 Executive Committee during the 2023 ICBA LIVE national convention in Honolulu.

Mar 16, 2023
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Article
Advocacy

NCUA considering ICBA-opposed subordinated debt today

With the National Credit Union Administration meeting today on a rule to relax restrictions on issuing subordinated debt, a former NCUA official raised concerns in a recent blog post.

Mar 16, 2023
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Article
Credit Unions