BankNews Mid-Week brings you the news you need every Wednesday, covering important industry issues for the states of Missouri, Kansas, Texas, Oklahoma, Nebraska, Colorado, Wyoming, New Mexico, Illinois and Iowa. 

Subscribers depend on Mid-Week to keep up with the latest legislation, personnel changes, charter applications and opportunities throughout the 10 Midwest and Rocky Mountain states. Plus, Mid-Week’s classified advertising section keeps subscribers current on the latest job openings, as well as available products and services.

BankNews Mid-Week is mailed 50 weeks a year.

Excerpt

February 3, 2010 

INFORMATION RECEIVED since the Federal Open Market Committee met in December suggests that economic activity has continued to strengthen and that the deterioration in the labor market is abating. In its statement, the FOMC noted that household spending "is expanding at a moderate rate but remains constrained by a weak labor market, modest income growth, lower housing wealth and tight credit."

Voting against the policy action was Federal Reserve Bank of Kansas City President Thomas M. Hoenig, who said he believes that economic and financial conditions had changed sufficiently that the expectation of exceptionally low levels of the federal funds rate for an extended period was no longer warranted.