CIOs talk about bringing their expertise to executive suite By Ann Dee Allen Just as technology has rapidly evolved to encompass higher levels of complexity and sophistication, the role of chief information officer has expanded in kind. Community bank CIOs are now responsible for a wide variety of executive duties involving human resources and significant […]
Expanding through video-enabled teller machines By Beth Mattson-Teig Conestoga Bank in Chesterfield, Pa., is proving that adopting the latest technologies isn’t just for the big banks. The $625 million-asset bank was one of the first community banks to debut video teller machines to its customers last year. The units have been so successful that the […]
From loans to deposits to investment portfolios, it’s time to prepare for rising interest rates By Wade Oliver The FDIC defines interest rate risk as the potential for changes in interest rates to reduce a bank’s earnings or economic value. Too much interest rate risk can leave capital and earnings vulnerable, subjecting a bank to […]
Q&A on cyber security with the OCC’s Valerie Abend By Valerie Abend The Office of the Comptroller of the Currency is working with community bankers to increase awareness about cyber threats. Valerie Abend, the OCC’s senior critical infrastructure officer, provides some insights on how community banks can prepare to defend against those increasing threats.
Planning under the new capital rules should start now for 2015 By Howard Schneider The great majority of community banks won’t be significantly affected by the final Basel III minimum capital rules adopted by U.S. regulators this summer, thanks mostly to effective industry advocacy by ICBA and its members. Community bankers submitted most of the […]
After decades of transformative growth and change, relationship banking continues to distinguish community banks By Bill McDonald and Tim Cook Not really that long ago, nearly every bank in America was a Main Street community bank. And virtually every one was a locally owned and operated financial institution, where local bankers knew their customers and […]