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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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.
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.
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.
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.
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.
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.
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.
Sept 26 – The ATM Industry Association, the only global non-profit association for the ATM industry, has published new end-to-end encryption best practices for all ATMs. The manual shows step-by-step how to encrypt communications between an ATM and its host.
Sept 4 – Naugatuck (Conn.) Valley Financial Corp. (Nasdaq:NVSL), the holding company for Naugatuck Valley Savings and Loan, has appointed Sharon A. Blanchette and Mark S. Graveline as co-interim president and CEO of the company and the bank effective immediately. Blanchette and Graveline are expected to serve in this capacity until a permanent president and CEO is appointed. The bank has submitted a notice with respect to a candidate for the permanent position to the Office of the Comptroller of the Currency for its non-objection. Blanchette is senior vice president and chief risk officer of the bank. Graveline is senior vice president and chief lending officer of the bank. As members of the bank’s senior management team, both Blanchette and Graveline are involved in all operational aspects of the bank and provide strong, knowledgeable leadership.