BankNews April 2015

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ETA Names Scott Talbott as Senior Vice President of Government Affairs

Feb. 10 – The Electronic Transactions Association (ETA), the global trade association of the payments technology industry, has announced the next step in its continued expansion of government relations activities with the hiring of seasoned financial industry and government affairs professional Scott Talbott as the association’s new Senior Vice President of Government Affairs. In this position, Talbott will be responsible for developing and executing ETA’s federal and state legislative and regulatory strategies on behalf of ETA’s more than 500 member companies. 

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Arizona: First Scottsdale Bank Assumes Deposits of Gold Canyon Bank

April 8 – Gold Canyon Bank, Gold Canyon, Ariz., has been closed by the Arizona Department of Financial Institutions, which appointed the FDIC as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First Scottsdale Bank, National Association, Scottsdale, Ariz., to assume all of the deposits of Gold Canyon Bank.

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Bank Of Scottsdale plans to raise the bar for authentic, personalized service

July 21 – Bank of Scottsdale, an independent community bank with a hometown style, is now being formed to serve local Scottsdale businesses and residents from its Hilton Village Office Park location on McDonald and Scottsdale roads. The bank’s management team of proven executives with more than 70 years combined banking knowledge will bring local focus and banking experience to a market that is receiving continually deteriorating customer service from larger, impersonal financial institutions.

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Scottrade Bank moves forward, two new executives join management team

Online investors select St. Louis’ Scottrade for best customer loyalty

Study Reveals Declining Branch Transaction Trends

May 18 – FMSI’s annual Teller Line Study indicates that branch transaction volumes are continuing the year-over-year decline FMSI identified more than a decade ago. Based on a compilation of transaction and labor cost statistics, the study is built from more than 20 years of proprietary data, from financial institutions across the country. This year’s study shows branch transaction volumes have declined more than 45 percent since 1992.

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Florida Bankers Association Endorses Five Market-Leading D+H Lending Solutions

May 11 – DH Corporation has announced that the Florida Bankers Association (FBA) has extended an agreement that endorses five of the company’s consumer, commercial and mortgage lending solutions. The Board of Directors and staff of BancServ, Inc., a wholly-owned subsidiary of the FBA, conduct a rigorous examination process to select a single endorsed solution for each critical area, helping member banks save precious time on vendor evaluation and selection.

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Iowa First Bancshares Corp. Achieves National Recognition

May 11 – Iowa First Bancshares Corp., the parent company of First National Bank of Muscatine, Iowa, and First National Bank in Fairfield, Iowa, has yet again been recognized for outstanding financial performance.

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Regions Financial Social Responsibility Report Reflects Company’s Commitment to Doing More

April 27 – Regions Financial Corporation has announced the release of the company’s annual Social Responsibility Report. The report, titled “Doing More,” illustrates how Regions carried out its commitment to serving communities and customers throughout 2014. Beyond providing everyday banking services, Regions actively seeks and supports programs and organizations that share Regions’ goal of making life better in the communities we call home. “Doing More” highlights several examples of initiatives supported by Regions in order to make a positive impact.

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Worthington Bank Hires New VP

April 9 – Fort Worth-based Worthington National Bank announced  that the company has hired Scott Brandt to be the next vice president for the Colleyville, Texas, office. His focus will be on commercial lending and servicing customer relationships. (more…)

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