BankNews April 2015

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Kristie Elmquist Named FDIC Dallas Regional Director

Dec 16 – The FDIC has appointed Kristie K. Elmquist regional director for its Dallas regional office. Elmquist was the acting regional director for that office since April 2010. Elmquist directs the supervision of approximately 1,600 FDIC-insured depository institutions with assets of more than $790 billion. The Dallas Region covers the states of Arkansas, Colorado, Louisiana, Mississippi, New Mexico, Oklahoma, Tennessee and Texas.

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Loan Growth Doubles in Community Banks and Thrifts in the Northeastern District, OCC Reports

November 3 – The Office of the Comptroller of the Currency (OCC) has reported improving conditions among community national banks and federal savings associations (FSAs) supervised by the OCC’s Northeastern District that stretches from Maine to South Carolina.

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Cook Brothers Scholarship Program Re-launched at Community Bank

October 12 – In 1945 Charlie and Howard Cook were successful manufacturers of concrete mixers for the construction trade. During that time, it became difficult for their customers to obtain equipment financing. Charlie and Howard were committed to finding a way to help their customers purchase the equipment they needed. Ever resourceful, the brothers opened a bank to finance their customers’ purchases.

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Comerica Releases 2013 Sustainability Progress Report

July 8 – Comerica Incorporated has announced the release of its 2013 Sustainability Progress Report on comerica.com. The online report, which updates progress made in several key sustainability areas of focus, highlights Comerica’s achievement of its first greenhouse gas (GHG) emissions reduction goal. 

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Why STAR Financial Bank Went All-in on PFM

Why invest in PFM? This is one of many questions that banks are currently tossing around about personal financial management technology. Will our customers use it? Where is the return on investment? With traditionally low user adoption rates, many industry pundits have closed the door on the future of PFM. Seems like a nice idea, they say, but not something consumers are going to invest time in.

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House Agriculture Committee Approves Rules & Announces Subcommittee Assignments

Members of the House Agriculture Committee have adopted the committee’s rules for the 113th Congress. The committee rules approved maintain the enhanced transparency and accountability standards that were used in the last Congress under House Republican leadership. This includes posting the text of bills online for the public no fewer than 24 hours prior to a business meeting and providing both live and archived webcasts of all hearings and business meetings.

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Wisconsin Bankers Association Names New Leadership

Dec 11 – (Madison) Banking advocacy expert Michael Semmann has been named senior vice president and chief operations officer effective immediately for the Wisconsin Bankers Association, the state’s largest financial industry trade association. Semmann most recently held the position of vice president – government relations and communications. 

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Stinson Morrison Hecker to Open Office in Denver

Dec 7 – The law firm of Stinson Morrison Hecker LLP, based in Kansas City, Mo., has announced that on Feb. 1, 2013, the firm is opening a new office in the Denver Tech Center at 5613 DTC Parkway, Ste. 970, Greenwood Village, Colo. with the addition of partners Ernie Panasci, Deborah L. Bayles, Zsolt K. Bessko, Perry Glantz and Kristin S. Godfrey, along with four associate attorneys and three staff employees.

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Bernanke Discusses U.S. monetary Policy and International Implications

Oct 16 – Federal Reserve Board Chairman Ben S. Bernanke spoke at the “Challenges of the Global Financial System: Risks and Governance under Evolving Globalization,” A High-Level Seminar sponsored by Bank of Japan-International Monetary Fund, Tokyo, Japan on Oct. 14, 2012. Read his speech below.

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BankNews to Publish Directory for Florida

Oct 4, 2012 – BankNews Media, publisher of bank directories for more than 50 years, is pleased to announce that it will publish a brand new directory, the Florida Banking Blue Book, on behalf of the Florida Bankers Association. Available in January 2013, the annual Florida Banking Blue Book is the new name of the Florida Financial Institutions Directory. The Blue Book promises to be the authoritative reference for financial institution professionals, attorneys, CPAs and companies serving the Florida banks and credit unions.

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