Community Banker articles from January 2000

Community Banker archives from January 2000

In with the New, Out with the Old.(Brief Article)(Statistical Data Included)
January 1, 2000... The confluence of technology, legislation and the frenzied marketplace is behind the trends leading us into 2000. Other key factors are the ever-increasing speed and power of computers, the obscuring of the lines that have traditionally...

Housing Organizations Honored.(Brief Article)
January 1, 2000... It takes a number of participants to do good in a community. Every year, the Federal Home Loan Bank of Atlanta grants partnerships of excellence awards to honor outstanding community-based partnerships between housing organizations, community...

washington chat room.
January 1, 2000... By the time December rolled around, everyone in Washington got tired of talking about Y2K. That's why, after many months, we present a ChatRoom without reference to the century date change. OFFICE OF THRIFT SUPERVISION "... The Office...

Nationwide Internet Banks Are Talking to Your Customers.(Brief Article)
January 1, 2000... Net.B@nk, an Atlanta-based online bank with $1.03 billion in assets, has launched its first national radio advertising campaign. On Sept. 6, Net. B@nk began airing 60-second spots on local radio stations nationwide promoting the bank's...

OFHEO Gets New Director.(Brief Article)
January 1, 2000... The U.S. Senate has confirmed Armando Falcon Jr. as director of the Office of Federal Housing Enterprise Oversight. Falcon will be the second director since OFHEO'S creation. Falcon served for eight years on the legal staff of the Committee...

HUD Awards Grants for HIV/AIDS Patients.(Brief Article)
January 1, 2000... The Department of Housing and Urban Development awarded $24.5 million to programs in 15 states and Washington, D.C., to provide housing and supportive services for more than 5,000 low-income people with HIV or AIDS and their families. The...

HomeGain.com: For Homebuyers Too.(Brief Article)
January 1, 2000... HomeGain.com has announced a new service to assist home buyers and sellers. Previously available only to home sellers, Homegain.com's matching service now lets home buyers request proposals from real estate agents and make informed decisions...

A Powerhouse Mix of Talent: Economics and Technology.(Brief Article)
January 1, 2000... Patricia McClung has a background that's the perfect combination for 2000 and beyond. She specializes in economics and technology -- the nexus where the future will be defined. In November, Freddie Mac announced the appointment of McClung...

She's Everywhere: The Famous Sacawagea.
January 1, 2000... She was in the Macy's Thanksgiving Parade and the U.S. Mint is spreading her profile as far and wide as possible. She's Sacawagea. The image on the new dollar coin, expected to hit circulation in March. The golden dollar will replace the...

The Bottom Line on Recruiting Good Employees.
January 1, 2000... Some say we are in the tightest labor market ever. Have you tried to recruit lately? "As we talk and visit with managers around the country, the toughest challenge facing financial institutions is attracting good employees, and then...

A Partnership Made in Retail Heaven.(Brief Article)
January 1, 2000... Telebank has announced it will provide SAM's Club members benefits on premium-yield FDIC-insured savings products. The online bank will be the exclusive provider of Internet banking products to SAM's Club members nationwide through the...

a regulatory quiz.(Brief Article)
January 1, 2000... Our You-Deserve-A-Raise Quiz You've rested up since the 2000 celebrations. Now, it's time to see if you still have what it takes to be the star banker in the new century. Our quiz masters this month are ACB's own regulatory stars: for...

Using Your Creativity.
January 1, 2000... An Essential Skill for the New Economy Creativity is moving up the list of essential business skills needed to survive and succeed in the fast and complex new economy. Many books and articles in the Harvard Business Review and other...

Smashmouth Banking.
January 1, 2000... Face Facts: Banking is a Tough Profession. Here's What You Need to Know to Stay in the Game. "The ability to make loan decisions quickly without bureaucratic protocol is a competitive advantage," says Roland Johannsen, president and chief...

Take a Look at These Play Books.
January 1, 2000... Internet Banking for Small Businesses ebank.com: Providing Business Banking Services for the Year 2000 and Beyond The Starting Lineup ebank.com Based in Atlanta, this independent, national unitary thrift bank has a simple,...

Countrywide Enters its Fourth Decade on the Cutting Edge.(Brief Article)
January 1, 2000... Imagine funding a home loan every 40 seconds "To be a success in business, be daring, be first, be different."--Henry Marchant Although neither David Loeb nor Angelo Mozilo came up with this motto, it conveys the story of their...

Will EBP Be the Next ATM?(Brief Article)
January 1, 2000... Check Free asks: How Electronic Billing and Payment Helps Smaller Banks Retain and Build Customers In today's Internet driven marketplace, consumers face more choices than ever before. Click here, buy this; click there, trade that. Thanks...

Trust Preferred Securities.(Brief Article)
January 1, 2000... At the Cost of a Some Extra Due Diligence, You Could Earn Higher Returns for Your Institution Trust preferred securities need not be a mystery to community banks. In fact, many financial institutions and their holding companies have put...

Welcome to the New Year Your Interest Rate Risk Just Doubled.(Brief Article)
January 1, 2000... Happy New Year. I hope your hangover has finally abated. Now that we are settling into the new reality, it's time to pay attention to a trend which has been developing over the last year, and has now reached a point where people (including the...

Lender Payments to Mortgage Brokers.(Brief Article)
January 1, 2000... On March 1, 1999, HUD issued a Statement of Policy 1999-1 regarding lender payments to mortgage brokers. This policy became effective March 1, 1999. The policy statement was issued in response to a Congressional directive in HUD'S appropriation...

Put Your Credit Cards on the Table.(Brief Article)
January 1, 2000... Community banks have entered the credit card business with mixed results. Though some institutions have benefited from the high-margin economics, others have been caught off guard by the consolidation effect and high-volume characteristics...

Bragging Rights.(Brief Article)
January 1, 2000... News about industry, products and services providers. Just in time for 2000. Regency Voice Systems Inc. has changed its name to Regency Systems Inc., to reflect a wider range of services and products. Said the president of the company, Clay...

How Companies Prefer to Raise Capital, New Rules for Cyber-Surfers and Other News.(Brief Article)
January 1, 2000... Commercial Debt Rated Cheaper Than Equity Capital Chief financial officers consider commercial bank loans the most effective means of generating capital for their firms, according to a poll commissioned by RHI Management Resources, a...

Strategies for the New Economy.(Brief Article)
January 1, 2000... Another Step Toward a Check-Free Way of Life CheckFree, a leader in electronic billing and payment (EBP), has announced the launch of its redesigned web site at [www.checkfree.com]. The enhanced site provides consumer education about EBP...

How Your Peers Use Technology.(Brief Article)
January 1, 2000... Upgrade. Enhance. Those are the two key words that dominated our conversation about technology with a community banker in Maine. Mark Johnston, president and chief executive at $282 million Kennebec Savings Bank had much to say about how his...

data bank.(Brief Article)
January 1, 2000... According to Forrester Research Inc.: 7 million Internet users made first online purchases in 1999 17 million households shopped online in 1999 $ 20.2 billion, expected U.S. online retail sales in 1999 49 million U.S....