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Meeting the Challenges: Investments, fintechs and regulations

By Bill Poquette, Editor-in-Chief

Three big challenges facing community bankers were addressed at the opening session of the recent Missouri Independent Bankers Association convention: investment strategies for a flattening yield curve, the competitive threat of global fintech giants, and regulatory pressures.

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IBAT Elects Board Members

November 6 — The Independent Bankers Association of Texas recently held its 44th annual convention at La Cantera Resort and Spa in San Antonio. At this annual gathering attended by more than 600 community bankers and industry advocates, new officers and directors who will serve through 2018-2019 were elected and several awards were presented.

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Peoples Bancorp Inc. and First Prestonsburg Bancshares Inc. Announce Merger

Nov. 1 — Peoples Bancorp Inc. of Marietta, Ohio, parent company of Peoples Bank, and First Prestonsburg Bancshares Inc., the parent company of Kentucky’s First Commonwealth Bank of Prestonsburg Inc., announced today a definitive agreement under which First Prestonsburg will merge with and into Peoples, and First Commonwealth will subsequently merge into Peoples Bank, in a transaction valued at approximately $45.4 million.

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Fintech Among Tracks Covered at Techweek KC

By Kristin Rulon, Editor, Contract Publications

October 23 — Kansas City’s fourth annual Techweek covered a wide array of topics, accomplishing its goal of bringing people of various backgrounds and professional goals into downtown Kansas City.

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Federal Home Loan Bank of Chicago Honored

October 4 — Community Bankers Association of Illinois annually presents a Service Development Award to a provider of goods and/or services to Illinois community bankers who have performed above and beyond the call of duty to benefit the cause of community banking through CBAI either during the past year or over a period of years. CBAI announced at its 44th Annual Convention, held recently in St. Louis, that the recipient of the 2018 Service Development Award is Federal Home Loan Bank of Chicago.

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