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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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.
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.
February 23 – Mailboxes will soon be flooded with new, high tech credit cards that promise much greater protection against fraud and hacking, but many merchants aren’t nearly ready to process them, according to a Philadelphia area payment processing expert.
February 12 – Sageworks, a financial information company and provider of risk management solutions, announced the launch of ALLL.com, a free, online resource for financial institution executives involved in the calculation of the allowance for loan and lease losses (ALLL). The site will serve as a best practices hub for banks and credit unions, as well a space for professionals to ask questions and get answers on the ALLL. Continue reading “New Site Helps Manage Allowance for Loan and Lease Losses Calculation” »
February 10 – DH Corporation has announced that the Independent Community Bankers of America (ICBA) has extended its agreement with D+H to provide its web-based lending platform, Mortgagebot to ICBA member banks. The agreement designates D+H as a Premier Value Provider under the ICBA SmartLender Program, which is offered as a service to its members, who receive discounted start-up costs and are eligible for preferred pricing.
January 28 – FMSI, a leading workforce optimization solution provider for banks and credit unions, announced today Dort Federal Credit Union has adopted FMSI’s Omnix Lobby Tracker, Omnix Staff Scheduler, Omnix Interactive Dashboard and Omnix Performance Analytics solutions. The $610 million Michigan-based financial institution will use FMSI’s software to improve service levels and efficiencies across its seven retail branch locations. Continue reading “Credit Union Selects FMSI’s Omnix Lobby Tracker and Staff Scheduler to Improve Branch Service” »
January 29 – William Mills Agency, provider of financial public relations and marketing services, has released its annual financial services industry research, “Bankers as Buyers.” The twelfth annual report is a collection of research, observations and articles about what technology, solutions and services U.S. bankers will buy in 2015.