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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By Kristin Rulon
July 29 – The saying “A pessimist sees the difficulty in every opportunity and an optimist sees the opportunity in every difficulty” could easily resonate with community bankers. No stranger to challenging times, bankers know that you have to find the humor when and where you can. Community Bankers Association of Kansas held its 38th annual convention in Wichita July 20-22 with an unwavering optimism despite the nature of the topics under discussion, from monetary policy implications to bank robbery/active shooter safety. (more…)
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.
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.
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.
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.
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.
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.
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.
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.