CNB Bank, Compliance Data Analyst
Compliance Data Analyst: A Key Role in Banking Compliance The Compliance Data Analyst is an integral position in banking institutions responsible for maintaining the highest level of regulatory compliance. This role is pivotal in ensuring that banks adhere to all necessary regulations and are able to accurately identify potential risks and opportunities in the realm […]
Florida community bank says regulatory action is imminent
BayFirst Financial Anticipates Regulatory Actions Following SBA Loan Program Closure BayFirst Financial, a community bank based in St. Petersburg, Florida, expects to face regulatory repercussions following the closure of their Bolt loan program. The community bank had offered Small Business Administration (SBA) loans of up to $150,000 through this program, but the surge in charge-offs […]
Community Banking Mortgage Officer | Kansas City Plaza
Role of a Community Banking Mortgage Officer A Community Banking Mortgage Officer plays a crucial role in a bank’s mortgage business. They are responsible for developing new business ventures, building and maintaining relationships with current customers, and originating quality mortgage loans while adhering to established Bank policies and procedures. This position is designed to assist […]
FACO: Advisors highlight shifting industry concerns
Financial Advisors and Market Noise: A Closer Look Financial advisors often advise their clients to ignore short-term market noise and focus on long-term strategies. But do they follow their own advice? To delve deeper into this question, Financial Planning conducted an analysis of over two years of Financial Advisor Confidence Outlook (FACO) survey data, comprising […]
FDIC’s Hill faces discontent over workplace culture effort, job cuts
FDIC Nomination Hearing: Travis Hill Faces Scrutiny Observers might be excused for thinking Federal Deposit Insurance Corp. Acting Chair Travis Hill’s nomination to lead the agency permanently would breeze through the Senate and its banking committee. After all, Hill is a known quantity, having served as the FDIC’s vice chair from 2022 until January – […]
Chime leads in new checking accounts opened
Banking Sector Faces Fragmented Account Relationships and Promotion-Driven Churn Traditional banks are facing a significant challenge as they risk losing their primary deposit share due to fragmented account relationships and promotion-driven churn. The banking landscape is undergoing a transformation, as customers, especially younger ones, are increasingly opening multiple financial accounts instead of just sticking with […]
UniCredit raises stake in Alpha Bank to about 29.5%
UniCredit Increases Stake in Alpha Bank In a strategic move to expand its influence in the Greek banking sector, Italy’s UniCredit has increased its stake in Alpha Bank to approximately 29.5%, following approval from the European Central Bank (ECB). This latest development intensifies the Italian bank’s investment activities in Alpha Bank, signalling a clear intent […]