April 24, 2013
BankNews e-Digest header

Sandy Six Months Later 

Sandy Six Months Later 4-13 For community banks in the eye of Hurricane Sandy, the disaster tested the best of business recovery plans. While financial institutions impacted by the hurricane had to deal with the immediate damage to banking locations, the foremost concern had to be on the welfare of the customer. Luckily, community bank leaders found creative ways around the power outages, relying on generators and even operating locations with ledgers. But with business back to normal, is there anything to be gleaned from a disaster as devastating as Hurricane Sandy? Read more>>     

Economy Still Expanding at Moderate Pace
Reports from the 12 Federal Reserve Districts suggest overall economic activity expanded at a moderate pace during the reporting period from late February to early April. Read more>>
Mobile Banking 2013

ABA Releases Mutual Bank Survey 

Most of the 175 respondents, 75 percent with assets less than $500 million, expect sustainable and improving business line activity during the next three years. Ninety-three percent expect commercial loan activity to increase or stay the same, 89 percent anticipate consumer loans to increase or stay the same, and 83 percent expect residential mortgages to increase or stay the same. Read more>>
Register for Webcast
Cybercrime Take a Bite Out of Cybercrime:
Arm Yourself Against Account Takeover

Date: May 15

 

Technology is changing at lightning speed and cyber criminals have made bank robberies seem almost prehistoric. A bank robber no longer has to be inside your financial institution. Hacking, phishing, spear phishing, spamming, malware and DDoS attacks abound and they can all take place from the comfort of a criminal's home or office. Click here for more information or to register.

RDC Summit

Plosser: Use Corridor System to Place Limit on Size of Fed Balance Sheet
"In my preferred policy framework, the federal funds rate target would be set in a corridor bounded below by the interest rate paid on reserves, which the Fed has been authorized to do since 2008, and bounded above by the discount rate...This requirement, then, places a limit on the size of the Fed's balance sheet," Charles I. Plosser, president and CEO of Federal Reserve Bank of Philadelphia, said in a presentation in China last week. Read more>>

Regulatory Index Gauges Burden on Banking Institutions  

The index was designed to equip banking professionals, regulators and legislators with detailed data-driven metrics analyzing the impact of new and existing regulations on financial institution resources, specifically budget and employee headcount. Regulatory changes in just the first three months of this year will cost community banks over a quarter of a billion dollars, according to the BCI. Read more>>
Tier 1 ad April 2013

Entries Being Accepted for 2013 Green Leaf Award

Green Leaf 2013
The Green Leaf Award, sponsored by BankNews magazine, recognizes community financial institutions nationwide helping to improve their communities through cooperation and participation in programs and projects; and, at the same time, contributing to a better environment through policies, programs and technology. The Green Leaf Award is open to all community financial institutions.
FSO Forum
 

Quick Links
 
Subscribe FREE to BankNews Magazine
Click here 
to begin or renew your subscription.


BANKNEWS

Available in the App Store 

 

Upcoming Events

Stonier Graduate School of Banking
June 6-13
University of Pennsylvania, Philadelphia

June 8-15
New Mexico State University, Las Cruces

June 14-19
Illinois Wesleyan University, Bloomington


Sign up for BankNews publications.




BankNews Media logo stacked
BankNews Media
5125 Roe Blvd., #200
Shawnee Mission, KS 66205

Contact:
Scott Englert
Director of Sales
913-261-7057

Jennifer Miller
Adv. Account Executive
913-261-7055

Fax: 913-261-7010
Web: banknews.com

Connect with us!

LinkedIn icon Twitter icon Blogger icon