May 1, 2023

NICB Endorsed Partners Bankers Compliance Consulting — Dave Dickenson Barret Graduate School of Banking — Memphis, Tennessee Community Bankers Webinar Network — Financial Ed Cross Financial — Marketing/working with customers Dell Computers ICBA Securities — Jim Reber ICBA Bancard NICB-CBAK Liquidity Program QwickRate SHAZAM — presented last year at Area Meetings Spectrum Financial — Fee […]

The topic of bank value is a favorite discussion among bankers. If you are like most bankers, you have a sense of the multiples of book value at which banks have recently traded in your area and around the state. Information about recent sales often spreads like wildfire throughout the banking community with the most

The following questions and answers (Q&A) are drawn from questions asked by bankers calling the Community Bankers for Compliance Program (CBC) Compliance Hot Line. Please note that Young & Associates, Inc., is not engaged in the practice of law. The answers given here apply to individual situations that may differ from one institution to another.

As many community bankers are still picking up the pieces from their bond portfolio’s meltdown last year, it occurs to me that the breathtaking rise in rates has created at least one byproduct that is both unusual in frequency and tangibly beneficial for future performance. Portfolio managers continue to embrace mortgage-backed securities (MBS) for several

To find out how bankers will confront challenges associated with a changing technology landscape, digital acceleration, cybersecurity, regulatory changes and more, CSI surveyed banking executives from across the nation about their strategies and priorities for 2023. The results of this annual survey are outlined in an interactive executive report and reflect both familiar challenges and

Executive Summary Commonly known as the CFPB 1071 Rule, upcoming requirements to be finalized in 2023 by the Consumer Financial Protection Bureau (CFPB) will represent the most significant effort of data collection and reporting for financial institutions in nearly 50 years. The checklist provides lenders with seven steps to prepare for compliance with this new

Community Banks carry an ongoing burden of compliance for information technology (IT). Examiners expect the bank to undergo annual IT audits, penetration tests, policy reviews, and complete comprehensive technology plans, risk assessments and cybersecurity self-assessments all while trying to do the real work of banking in the community. Why do regulators expect this level of

True relationships withstand the test of time, ebbing and flowing with the cycles of life, and such is the case with the community bank — customer connection. It’s not unusual to hear about a community bank having served a family or a business for generations, and that’s a testament to the strength of the relationship.

The financial sector has been under intense scrutiny after the failure of two large financial institutions that specialized in high-risk industries, such as the cryptocurrency sector. Some depositors in local communities might be wondering what this means for their hard-earned money, and rightfully so. But consumers, and policymakers in Washington, must distinguish between community banks,