By Bill Poquette, Editor-in-Chief
The sometimes painful process of bank ownership succession planning was highlighted at the recent Nebraska Bankers Association annual convention by a panel of CEOs who became new owners when presented with the opportunity by previous owners.
By Bill Poquette, Editor-in-Chief
“It’s about time,” some will say. And I agree. After 50 years on the staff of BankNews, as managing editor and editor-in-chief, I am retiring effective June 30.
By Bill Poquette, Editor-in-Chief
The Federal Reserve isn’t moving fast enough on faster payments to suit some people. Private enterprise has been stepping up and the question arises: Is a Fed-operated faster payments network necessary?
(more…)By Bill Poquette, Editor-in-Chief
In late August last year, the Office of the Comptroller of the Currency released an Advance Notice of Proposed Rulemaking seeking comment on the best ways to modernize the Community Reinvestment Act. A couple of months later, Comptroller Joseph M. Otting was quoted as saying revising the CRA was the No. 1 reason he was lured to Washington from his post as CEO of OneWest Bank in sunny Southern California.
(more…)By Bill Poquette, Editor-in-Chief
Six de novo banks opened around the country last year. Two more have opened thus far in 2019, and at least two more were close to opening late in the first quarter; another 10 have received conditional approval from the FDIC and are in the process of raising capital.
(more…)
