Community Banks

FDIC: Personnel Changes Announced at Agency

Chief Information Officer The FDIC Board has appointed Howard Whyte as Chief Information Officer. Mr. Whyte has more than 20 years of information technology and security experience in the federal government, military, and private sector. Since January 2017, Mr. Whyte has been the Chief Information Security Officer (CISO) at the FDIC. In that role, he…

ABA: Texas Banker Names as New ABA Chairman

Kenneth L. Burgess, Jr. has been elected chairman of the American Bankers Association for the 2017-2018 association year. Burgess is also the chairman of FirstCapital Bank of Texas, a locally owned and managed independent community bank, currently holding more than $1 billion in assets. “Banks of all sizes — no matter how big or how…

ABA: Officers, Board Elected for 2017-2018

Members attending the American Bankers Association’s annual convention in Chicago, have elected new ABA officers and directors to serve on ABA’s board for the 2017–2018 association year. The new officers are: CHAIRMAN:  Kenneth L. Burgess, Jr., chairman, FirstCapital Bank of Texas, Midland, Texas; CHAIRMAN-ELECT: Jeffrey M. Szyperski, chairman, president and CEO, Chesapeake Bank, Kilmarnock, Va.;…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in July 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: CRA Evaluations for 31 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2017 through September 30, 2017. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

CDFI Fund: FY 2017 Funding Round Of BEA Program Open

Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2017 application round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation the publication of the FY 2017 Notice of…

ABA: Officers, Board Nominated for 2017-2018

The American Bankers Association’s Nominating Committee has selected the official slate of candidates for election at the association’s annual convention to be held in Chicago, October 15-17. The committee, chaired by R. Daniel Blanton, senior executive vice president, South State Bank in Augusta, Ga., nominated the following candidates for ABA officer positions: CHAIRMAN:  Kenneth L….

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in June 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…