LCNB Corp., the holding company for LCNB National Bank, and Eagle Financial Bancorp, Inc., the holding company for EAGLE.bank, announced that they have signed a definitive merger agreement whereby LCNB will acquire EFBI in a stock-and-cash...
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December 01, 2023, 07:07 AM
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CIT Group Inc. announced its Community Association Banking (CAB) business has added two new regional account executives to serve property management companies and homeowner association banking needs in the Florida market.Stacy Crowley and Sal...
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May 01, 2020, 07:05 AM
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Independent Community Bankers of America (ICBA) President and CEO Camden R. Fine released the following statement on the tax reform conference report. “Following the tax reform conference committee’s release of its final report, ICBA and the nation’s...
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December 18, 2017, 07:03 AM
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Wells Fargo announced that Andrew Rowe has been selected as head of Wells Fargo’s Community Banking Customer Segments team, to join Wells Fargo in September. In the newly created role, Rowe will lead the company’s efforts focused on meeting the needs...
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June 14, 2017, 07:14 AM
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Flagstar Bank has named Andrew (Drew) Ottaway, executive vice president and head of lending, to the additional role of president of the bank's Michigan market, with responsibility for Flagstar's retail platform and 99 branches in Michigan.In the year...
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May 31, 2017, 07:00 AM
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More than 100 community bankers and staff from the Independent Community Bankers of America® (ICBA) on May 1, 2017 met with President Donald Trump and other top administration officials at the White House as part of the 2017 ICBA Capital Summit. In...
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May 02, 2017, 07:18 AM
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The Independent Community Bankers of America® (ICBA) reiterated its concerns with the Office of the Comptroller of the Currency’s proposal to grant special-purpose bank charters to unregulated financial technology companies. In a comment letter on...
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April 17, 2017, 07:15 AM
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At $4.4 trillion in trade payables, term loans, and working capital loans, private-company credit represents one of the largest credit markets in the U.S. Today, C&I lending represents about 25% of all loans, down from over 40% in 1950. According...
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March 15, 2017, 07:02 AM
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The Independent Community Bankers of America® (ICBA) called on President Donald Trump’s administration to rein in the overzealous application of fair lending laws. ICBA said despite community banks’ strong compliance systems for ensuring credit...
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January 30, 2017, 07:08 AM
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The Independent Community Bankers of America® (ICBA) expressed strong concerns with an Office of the Comptroller of the Currency proposal to grant special-purpose bank charters to unregulated financial technology companies. In a comment letter on the...
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January 23, 2017, 07:11 AM
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The Independent Community Bankers of America® (ICBA) urged Congress to keep in mind the differences between community banks and megabanks as lawmakers consider any legislative response to Wells Fargo’s massive consumer fraud. In a letter to members...
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September 21, 2016, 06:32 AM
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The Independent Community Bankers of America® (ICBA) called on Congress to exempt community banks from the Basel III capital rule and allow them to continue operating under Basel I regulations. Testifying before the Senate Banking Committee, ICBA...
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June 27, 2016, 07:04 AM
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The Independent Community Bankers of America® (ICBA) said the Financial Accounting Standards Board (FASB) has taken another important step in addressing community bank concerns with its proposed accounting standards update. FASB advanced a revised...
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April 29, 2016, 07:00 AM
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Rebeca Romero Rainey, chairman and CEO of Centinel Bank of Taos, N.M., was elected chairman of the Independent Community Bankers of America® (ICBA) for 2016-17. Romero Rainey was elected during the 2016 ICBA national convention, ICBA Community...
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March 17, 2016, 06:59 AM
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A delegation of community bankers from the Independent Community Bankers of America® (ICBA) met with the Financial Accounting Standards Board (FASB) on widespread concerns with FASB’s controversial proposed accounting reforms. The three community...
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February 08, 2016, 07:11 AM
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Independent Community Bankers of America® (ICBA) leadership said that recent public statements from Financial Accounting Standards Board (FASB) Chairman Russell Golden reflect a lack of understanding and disregard for community banks and a selective...
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December 18, 2015, 07:18 AM
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Nearly 1,000 community bankers and industry advocates gathered in Washington on April 28, 2015 for the Independent Community Bankers of America® (ICBA) annual Washington Policy Summit, which runs through Thursday. Community bankers from across the...
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April 29, 2015, 07:00 AM
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The Alta Group has joined the Independent Community Bankers of America (ICBA), the nation’s voice for more than 6,500 community banks, to serve as a resource for members that are launching or expanding equipment leasing and finance operations. Alta...
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January 15, 2015, 07:05 AM
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The Independent Community Bankers of America® (ICBA) said a new fee schedule released by the Intercontinental Exchange (ICE) will waive or sharply reduce fees for 99 percent of community banks that use or reference the London Interbank Offered Rate...
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November 25, 2014, 06:52 AM
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The Independent Community Bankers of America (ICBA) called on Congress to pass legislation to rein in excessive government regulations that are inhibiting economic growth, including the Justice Department’s Operation Choke Point initiative....
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July 16, 2014, 06:15 AM
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The Federal Deposit Insurance Corporation (FDIC) released a research study on long-term consolidation in banking and the implications of this trend for community banks. Drawing from data over the last thirty years, the paper finds that community...
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April 14, 2014, 07:29 AM
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First South Bank (wholly owned subsidiary of First South Bancorp, Inc.), announced the opening of a new Leasing Production Office ("LPO") by its wholly owned subsidiary, First South Leasing, LLC, located in Charlotte, North Carolina. The LPO opened...
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February 05, 2014, 06:30 AM
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The Independent Community Bankers of America (ICBA) said it remains deeply concerned with Volcker Rule provisions requiring banks to permanently write down their holdings of collateralized debt obligations (CDOs) backed by trust-preferred securities...
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December 30, 2013, 07:01 AM
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The Independent Community Bankers of America (ICBA) continues to press Congress and the banking regulators to fix the Volcker Rule to stave off unintended and detrimental consequences to many community banks. ICBA today again called on Congress to...
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December 19, 2013, 06:45 AM
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AloStar Bank of Commerce has announced the launch of AloStar Source, a comprehensive program designed to support community and mid-sized banks nationwide, seeking to offer middle market businesses access to more working capital. Three...
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October 18, 2013, 06:36 AM
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Midwest equipment leasing veterans Spencer Richman and Richard Homan have launched a new division of American Financial Network, Inc. (AFN). Bankers' Equipment Leasing will provide Midwest community bankers an opportunity to offer equipment leasing...
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February 06, 2013, 07:19 AM
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The Independent Community Bankers of America (ICBA) thanked the Federal Deposit Insurance Corp. for releasing the results of its comprehensive study on the community banking industry. The study reemphasizes the importance of community banks to the...
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December 19, 2012, 07:30 AM
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In the 2012 KPMG Community Banking Outlook Survey, 47% of respondents identified regulatory and legislative pressures as the most significant barrier to growth over the next year, while 35% said regulatory compliance costs were having the greatest...
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November 28, 2012, 07:16 AM
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The Independent Community Bankers of America (ICBA) today announced that it strongly supports Federal Deposit Insurance Corp. (FDIC) Director Thomas Hoenig’s call for regulators to modify proposed Basel III capital standards because of their...
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September 17, 2012, 06:59 AM
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The Bank of Birmingham announced the expansion of its business services to include equipment lease financing. Equipment lease and finance transactions enable companies to acquire the equipment they need to grow their businesses and according to the...
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August 29, 2012, 07:36 AM
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Alliance Partners, the asset manager for the pioneering BancAlliance network which has grown to include 56 banks across the country, announced today the addition of an established equipment finance lending team to complement the existing corporate...
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June 26, 2012, 06:15 AM
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Alliance Partners, the asset manager for the pioneering BancAlliance bank network, announced today that it has completed a $150 million capital raise that will support BancAlliance by delivering a broader range of commercial loans and other products...
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June 20, 2012, 06:30 AM
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