Community Banker articles from July 2000

Community Banker archives from July 2000

Traditional Concerns In a Modern Industry.(Brief Article)
July 1, 2000... While financial modernization presents new challenges to the state banking system--as highlighted by sessions on privacy, electronic commerce and Internet security--state supervisors remain focused on their traditional concerns of safety and...

Leaders Stress Need For Savings Institutions.(Brief Article)
July 1, 2000... The annual meeting marked the ascension of Massachusetts Commissioner of Banks Thomas J. Curry to the position of Chairman of the Board of Directors. Acting New York Superintendent of Banks Elizabeth McCaul was voted Chairman-Elect, meaning...

What's New in the Federal Guide.(Brief Article)
July 1, 2000... Regulations implementing the Gramm-Leach-Bliley Act * Federal Home Loan Bank Modernization * Consumer Privacy * Community Reinvestment Act Sunshine Requirements * Other joint agency rules Federal Guide on CD-ROM includes...

Ohio Bank Adds Retirement Services For Businesses.(Brief Article)
July 1, 2000... As of June 1, 2000, Commerce National Bank of Columbus, Ohio, will expand its services to business customers to include retirement planning. As part of an ongoing commitment to offer its customers diversified services, CNBC Bancorp,...

Chicago Bank Bets `Everyone Wants To Be A Millionaire'.(Brief Article)
July 1, 2000... St. Paul Federal of Chicago, Ill., is giving away a one-million-dollar prize to promote new MasterCard Inc.'s MasterMoney debit cards. "Somebody in Chicagoland is going to win a million dollars," declared Anthony V. Sisto, division...

Visa To Continue NFL Sponsorship.(Brief Article)
July 1, 2000... In a move aimed at gaining more ground for both teams, Visa USA and the National Football League each scored extra points in April when Visa announced that it would continue its sponsorship of the NFL through 2004 and launch an expanded...

Productive Meetings: Keeping Participants Awake.(Brief Article)
July 1, 2000... Meetings can be counter-productive when participants are day-dreaming, fighting off exhaustion or even actually sleeping. Here are some ways to keep your meetings from being a snore. * Give each participant an active role and encourage...

A Rich History.(Statistical Data Included)
July 1, 2000... New York's Emigrant Savings Bank Has Come a Long Way from Its Humble Roots as a Thrift for Irish Newcomers Mid-19th-century New York was swelling. It was the height of the first wave of European immigration to the United States, and in the...

Room at the Bottom?(Statistical Data Included)
July 1, 2000... Subprime Lending in the New Century The good news for U.S. homeowners is that homeownership is at a record high, with more than two-thirds of American households living in houses they own. The bad news--at least, for the housing finance...

How to Hire & Retain Good Employees.
July 1, 2000... One of the most common complaints of community bank management in the year 2000 goes something like this: "We just can't get employees to fill our openings--particularly tellers and customer service representatives. And once we get them, we...

Internal Auditing in Community Financial Institutions.(Statistical Data Included)
July 1, 2000... The Financial Managers Society (FMS) is a professional society of nearly 1,500 executives representing banks, thrifts and credit unions across the United States. The membership consists largely of chief financial officers, chief executive...

The Branch Purchase: What Is the Right Price?(Statistical Data Included)
July 1, 2000... We hear frequently these days about the challenges of generating funding and the particular difficulty of growing deposits. One approach of course is to grow internally through existing delivery channels, especially branches, by some...

Internet Banking & Fraud: Making Business Less Risky.
July 1, 2000... As community bankers consider the scope and pace of their Internet delivery strategies, an appropriate risk management framework must also be considered so that strategy and technology may move forward effectively. This month's article was...

Reducing Interest Rate Risk Exposure.
July 1, 2000... I have been sent a lot of portfolios for review over the last two months. They all seem to have two things in common. First, most contain long-term fixed-rate callable agency securities. Some even contain long-term callable zero coupon...

data bank.(Brief Article)(Statistical Data Included)
July 1, 2000... lending A southeastern home mortgage lender is writing $65 million monthly in interest-only loans. The U.S. Public Debt on June 2, 2000 was $5.6 trillion, or $5,640,080,609,534.56 to be exact. The United States paid $19...