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Technology Changing Lending Security
Read BankNews e-Digest Online 

March 28, 2012

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Technology Changes Security National's Lending Process

By Keith Knudsen and Brandon Baller

Back in the 1990s, when Security National Bank in Laurel, Neb., began using software lending technology, major league baseball players were going on strike, the first Harry Potter novel was just hitting bookstores and the Nebraska Cornhuskers were racking up three national college football titles.

More than 20 years later, it is hard to imagine the "old days" when approving a consumer loan could take several days or even a week. Read more>>  

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Agencies Propose Revisions to Leveraged Finance Guidance
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency are seeking comment on proposed revisions to the interagency leveraged finance guidance issued in 2001. Transactions that are covered by this guidance are characterized by a borrower with a degree of financial or cash flow leverage that significantly exceeds industry norms as measured by various debt, cash flow, or other ratios. Read more>>
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Emergency Response Preparedness: What To Do, What To Say, And How To Plan For It

DATE: May 1

Unplanned and unscheduled events happen all the time. But if the unplanned event is a tornado, an explosion, or workplace violence such as a shooting, the event can cause havoc to you, your company, your employees, and your community. Click here to register.


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BankNews Media Launches Training Center
BankNews Media, in partnership with the Bank Training Center, has launched a new program to promote education and training for bank professionals. Online courses include trust and estates, fraud prevention, compliance and HR. Plus, webinars are available. To learn more, click here.
OCC Calls for Papers Commemorating 150 Years of the National Banking System
The Office of the Comptroller of the Currency has announced a call for proposals for papers on the history of the OCC, the national banking system, bank and thrift regulation and supervision, and related topics. The OCC and the national banking system were created by the National Currency Act of 1863. Read more>>
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Thousands Now Oppose Credit Union Power Grab
The Independent Community Bankers of America has unveiled a new petition with more than 12,500 constituent signatures opposing the tax-exempt credit unions' excessive power grab to expand further into prohibited business lending. Read more>>
Bernanke Comments on Recent Developments in the Labor Market
Federal Reserve Board Chairman Ben S. Bernanke spoke at the National Association for Business Economics Annual Conference in Washington, D.C., on March 26. In his speech, he discussed the recent developments in the labor market. For his comments, click here>>
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