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Regulation and Compliance: Ready for Review

Independent Banker

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. It’s not just about looking at the returns but having the due diligence and risk management folks involved.”.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

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Jim Reber: March sanity

Independent Banker

What this has to do with community bank investment management may not be readily apparent. Belly of the curve matters to community banks. First, the average duration of a community bank bond portfolio is more than four years right now. In fact, the tone is about to improve. More often, the two operate independently.

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Fiverr Launches Program To Make Cities ‘Gig Worker Friendly’

PYMNTS

Brent Messenger, global head of community at Fiverr, told PYMNTS that as freelancing becomes a way of life for so many, it’s time workers get access to the tools they need to manage a freelance lifestyle and budget as well as to grow their freelance career — and it’s time for cities to make themselves more welcoming to this type of worker.

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Jim Reber: Floating rate assets are back

Independent Banker

Community bankers have come to grips with the notion of their bond portfolios being, ahem, “submerged” in a number of ways. This column, in many cases, reflects what your correspondent hears from community bankers at conventions, seminars and in old-fashioned discussions. The 2022 Balance Sheet Academy will be held in Memphis, Tenn.,

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. Oklahoma City, and Memphis. billion, on an 82 percent increase in retail sales. Ontario (L.A.),

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Diversity assessment and remedial measures required by CFPB consent order

CFPB Monitor

Department of Justice of charges that the bank’s mortgage lending practices violated the Equal Credit Opportunity Act and Fair Housing Act by redlining majority-minority neighborhoods in the Memphis MSA and illegally discriminating against African Americans in the underwriting and pricing of certain mortgage loans.

Memphis 60