Western News

LA Responsible Banking Ordinance Clears Budget Committee

June 19 — In response to the efforts of Los Angeles bank workers, residents and consumer advocates to hold banks accountable, the Los Angeles City Attorney’s Office released an amended Responsible Banking Ordinance in March with language that requires any bank contracting with the city – or applying for a city contract – to disclose its sales goals and other potentially predatory business practices. If passed by a full City Council vote, the rules will be the first of their kind nationwide and will require that the financial institutions bidding for Los Angeles’s $17 million taxpayer-funded contracts are transparent about their sales goal tactics and employee compensation.


IBAT Hosts 33rd Annual Leadership Conference

June 12 — The Independent Bankers Association of Texas — the largest state community banking association in the nation — will host its 33rd Annual Leadership Conference at the JW Marriott San Antonio Hill Country Resort, June 14-16, 2018. More than 200 community bankers and industry advocates from across the state will participate in this three-day event focused on developing leaders in Texas community banking.

This year’s theme at this annual conference designed for both the next generation of leaders and current leaders in community banking is “Connecting Leaders.” Attendees will enjoy a combination of educational offerings, leadership development activities, networking opportunities and entertainment. General sessions are presented by industry experts and nationally renowned speakers. Additionally, there is a golf tournament and Kids Camp as well as a Family Fun Night with dinner, dancing and entertainment by popular cover band Suede, which will perform rock hits from the past five decades and original music.

Educational offerings throughout the event are in the form of general sessions, hot topic breakout sessions and optional workshops. General session highlights include:

  • “Fail Faster: Building Resilient Leaders,” presented by author and TEDx speaker Anne Grady, who will discuss the importance of consistently bouncing back and overcoming failure to ultimately reach success. She will focus on building resilience in organizations.
  • “Never Give Up: The Survivor Way,” presented by motivational speaker and reality show “Survivor” competitor Holly Hoffman, who will explore how we decide to survive on a daily basis and the role adversity plays in learning who we are and what we’re made of.
  • “Business Ethics, Wells Fargo and Mickey Gilley: Why All New Accounts Look Profitable at Closing Time,” presented by author and professor Lyle Sussman, Ph.D., who will present strategies for transforming codes of ethics into behavioral realities, using Wells Fargo as an example.
  • “Lead with Character,” presented by former NFL player Matt Birk, who will look at the complicated and often misunderstood concept of character. He will share a relationship-based approach to leadership that will promote well-being and foster resilience throughout any organization, from top to bottom.

“IBAT’s Leadership Conference gives up-and-coming community bank leaders the opportunity to network, learn from and develop personal relationships with their peers and tenured leaders in the industry — all while enjoying family time in an informal setting,” said Chris Williston, IBAT president and CEO. “Members and staff both enjoy the unique aspects of this conference that make it unlike any other event throughout the year.”

To learn more about IBAT’s 33rd Leadership Conference, visit



Black-Led Credit Union to be Established in Minneapolis to Address Racial Inequality

May 1 — Arlington, Va.-based Capital Impact Partners has awarded $25,000 grants to the Association for Black Economic Power and the Sustainable Economies Law Center, co-winners of its fourth annual Co-Op Innovation Award. The two organizations were recognized for leading initiatives that address racial inequality and create social impact through economic empowerment for residents in low-income communities.


USDA Pledges 7 Million to Support Specialty Crop Industries

April 30 — The U.S. Department of Agriculture will provide $7 million to support 11 projects in six states to develop solutions to challenges affecting the specialty crop industries that cross state boundaries. The funds will be managed through the Specialty Crop Multi-State Program administered by the Agricultural Marketing Service.


What Makes a Bank One of the 15 Best-Run Community Banks?

April 19 — Based on an analysis of data from more than 4,100 banks in the United States, Sageworks has identified the 15 best-run community banks. The standings were based on a combination of return on average assets and efficiency ratio. Banks from 12 states are included in the list.


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