BankNews Feb. 2015

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ATMIA Assists ATM Industry in Preventing Malware Attacks

April 9 – To help the ATM industry prevent malware attacks on its terminals, the ATM Industry Association has published new guidelines called “Best Practices for Preventing ATM Malware, Black Box and Cyber-Attacks.”

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Independent Bankers of Texas Adds Father and Son to its Wall of Heroes and Legends

March 6The Independent Bankers Association of Texas has announced the addition of Riter Hulsey, American National Bank of Texas chairman of the board, and his son Robert Hulsey, American National Bank of Texas president and CEO, to the Wall of Heroes and Legends of Texas Community Banking at IBAT’s Austin headquarters. The Hulseys were recognized with this honor during IBAT’s TechMecca February conference in Dallas. Continue reading “Independent Bankers of Texas Adds Father and Son to its Wall of Heroes and Legends” »

Comptroller of the Currency Kicks Off Symposium Marking 150 Years of National Banking

March 31 – Comptroller of the Currency Thomas J. Curry opened a conference commemorating the 150th anniversary of the Office of the Comptroller of the Currency  by pointing to the important role supervision—examiner “boots on the ground”—has played since the agency’s founding.

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Crop Growers Told to Prepare for Low Price Era By Putting Money in the Bank

Jan 14 – Following some of the best years ever for growing row crops, an agricultural economist advised farmers to prepare for several years of lower prices, at a workshop at the American Farm Bureau Federation’s 95th Annual Convention.

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Fed Appoints Chairs, Deputy Chairs of the Federal Reserve Banks for 2014

Dec 16 – The Federal Reserve Board has designated the chairs and deputy chairs of the 12 Federal Reserve Banks for 2014. Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as chair and a second as deputy chair.

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ATMIA Publishes Best Practices for Preventing Mobile Banking Fraud

March 26 – ATMIA has announced the publication of a new best practice manual for preventing mobile banking fraud, with special reference to applications linked to ATM systems.

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Automating the Small Business Lending Process

One of the biggest challenges to small business loan growth for the $5 billion asset Heartland Financial USA has been the time it takes to make a decision on approving a small business loan. Lost time means lost revenue as borrowers will be looking elsewhere while they are waiting for an answer. So one of the recent goals for the Dubuque, Iowa-based company has been to improve its small business lending practice.

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Federal Reserve Board Appoints Chairs, Deputy Chairs of the Federal Reserve Banks for 2013

Dec 5 – The Federal Reserve Board has announced the designation of the chairs and deputy chairs of the Federal Reserve Banks for 2013. Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as chair and a second as deputy chair.

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FDIC Launches Alliance for Economic Inclusion Coalition in Northeastern Oklahoma

Oct 30 – The FDIC has launched an Alliance for Economic Inclusion initiative in Northeastern Oklahoma in partnership with the Greater Tulsa United Way, tribal, state and federal agencies, financial institutions, and community-based stakeholders.

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ATMIA Receives Reassurances From PCI Council on ATM Guidance

Oct 23 – The ATM Industry Association, the only global non-profit association for the ATM industry, announced today it had received a confirmation that the PCI Council’s new ATM security guidelines are intended to be best practices, not standards.

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