Bank Leaders Expect Merger Activity to Accelerate in 2025
Dec 2, 2024 · Nearly half of bank leaders believe their institutions will buy another bank in 2025, suggesting a potential uptick in merger activity in the coming year, according to a new survey on M&A by Bank Director.. Forty-three percent of bank leaders said their institutions were very or somewhat likely to buy another bank next year, up from 35% …
Growth and Confidence Projected in 2025 for Banks and Credit …
Jan 6, 2025 · New research revealed that financial leaders are entering 2025 cautiously optimistic Financial institution leaders have listed challenges such as cybersecurity, talent shortages and digital transformation maturity as the key factors shaping strategies and priorities in 2025, according to Wipfli. Two...
U.S. Banks to Depart from the Net-Zero Banking Alliance
Jan 6, 2025 · U.S. banks Citigroup, and Bank of America, announced that they are exiting the Net-Zero Banking Alliance (NZBA), a group of global banks that have pledged to curb greenhouse gas emissions, reported Reuters.. Goldman Sachs announced on December 6 that it was leaving the NZBA, followed shortly by Wells Fargo.
US Could Lose all Bank Branches by 2041 - Banking Exchange
Sep 16, 2024 · There has been an average of 1,646 branch closures each year Physical bank branches could be extinct in the US by 2041, according to a new report by Self Financial. Since 2018, there has been an average of 1,646 branches closing each year in the US. California saw the most closures, losing 1,114 phy...
NOLs in acquisitions … simplified! - Banking Exchange
Apr 2, 2015 · Jeff Gerrish is chairman of the board of Gerrish Smith Tuck Consultants, LLC, and a member of the Memphis-based law firm of Gerrish Smith Tuck, PC, Attorneys.He frequently contributes to Banking Exchange and frequently speaks at industry events.. In mid-2016 Gerrish's blog received a national bronze excellence award from the American Society of Business Publication Editors.
Why Community Banks Go Public - Banking Exchange
May 11, 2020 · A local bank going public can benefit both the community and its shareholders in the long run As the names suggest, community banks are integral to the local communities and businesses they serve. As active members within their communities, they understand the capital needs of local businesses and s...
On-Demand Webinar — 2025 Banking Priorities: Top Trends, …
Dec 3, 2024 · Allison Maddock Chief Product Officer at CSI. Allison Maddock serves as senior vice president and chief product officer, a role in which she leads CSI’s product management team to create and deliver solutions aligned with CSI’s vision to shape the future of banking. As a member of the executive leadership team, she uses her product management, strategy, operations and technology expertise ...
Agencies Issue 2025 Regulation CC Cost of Living Adjustments
May 14, 2024 · The announced adjustments are effective July 1, 2025 On May 13, 2024, the Consumer Financial Protection Bureau (the Bureau) and the Federal Reserve Board (the Board) jointly announced a final rule-making cost of living adjustment (COLAs) for the Regulation CC funds availability rules. The Bureau and...
The Continuing Relevance of the Retail Bank Branch
Oct 11, 2024 · Since the late 1960s, banking industry pundits have predicted the demise of the retail branch From the introduction of the first ATMs in the late 1960s, banking industry pundits have predicted the demise of the retail branch, rendered obsolete by technology. The calls accelerated at the dawn of the...
Updates to OCC UDAAP Overdraft Disclosure Requirements
Jan 7, 2025 · On December 3, 2024, the Office of the Comptroller of the Currency (OCC) published an updated UDAAP section of its Comptroller’s Handbook (version 1.1). While OCC oversight is technically limited to national banks, all financial institutions will want to read the updates carefully since, among other impacts, the updates may require changes to overdraft programs and procedures as well as ...