PYMNTS
JULY 22, 2020
Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.
Perficient
AUGUST 16, 2023
A rather small bank, as of the end of its first quarter, the bank reported $139 million in total assets and $130 million in total deposits in its FDIC Call Report. In 2017, the bank was converted from its National Charter to a Kansas state-chartered bank and renamed Heartland Tri-State Bank. bank to fail this year.
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Abrigo
AUGUST 6, 2021
according to FFIEC and FDIC data. Economy , supervisory and risk specialists from the Federal Reserve of Kansas outline top challenges and opportunities regarding the future of community banking. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says.
Independent Banker
JUNE 30, 2022
Location: Kansas City, Mo. Academy Bank in Kansas City, Mo., is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. billion-asset holding company also headquartered in Kansas City. Two bank charters (which doubles FDIC coverage). By William Atkinson. Assets: $2.3
Abrigo
JULY 26, 2021
Peer rates may be a reasonable starting point. It’s up to management to make adjustments up or down.” . Be Prepared. Timing issues to consider. Peer rates may be a reasonable starting point. However, they encouraged banks to work with their primary regulator to discuss the suitability of SCALE for their institution.
Abrigo
JUNE 11, 2021
FDIC) noted in its 2021 Risk Review. As recently as May 2021, regulators identified interest rate risk as among the key risks in the economy, financial markets, and the banking industry that could affect insured institutions.
American Banker
AUGUST 29, 2016
Kansas City Federal Reserve Bank President Esther George is best known nationally as a critic of the Fed’s monetary policy, but in a wide-ranging interview she talks about Dodd-Frank, bank capitalization and the challenges facing community banking, in addition to interest rates.
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