American Bankers Association

ChoiceOne Bank Enhances Digital Security Moving to ".BANK" Domain

Retrieved on: 
Monday, January 23, 2023
Theft, Book, One Communications, Potes, Bank, URL, Identity theft, ABA, American Bankers Association, Risk, Cryptocurrency, Online shopping

SPARTA, Mich., Jan. 23, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce advancements in digital banking security.

Key Points: 
  • SPARTA, Mich., Jan. 23, 2023 /PRNewswire/ -- ChoiceOne Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS) ("ChoiceOne") are pleased to announce advancements in digital banking security.
  • "Customer security – both in personal and financial information – is always a top priority at ChoiceOne," said ChoiceOne CEO Kelly Potes.
  • Transitioning our domain name to 'choiceone.bank' from 'choiceone.com' will provide additional security features giving our customers an even greater level of digital security today."
  • A '.com' domain can be purchased by anyone, whereas the '.bank' domain is quickly verified that the website or email is authentically from ChoiceOne Bank.

FINWARD BANCORP ANNOUNCES RETIREMENT OF DAVID BOCHNOWSKI AS EXECUTIVE CHAIRMAN OF THE BOARD OF DIRECTORS

Retrieved on: 
Monday, January 30, 2023
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MUNSTER, Ind., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank, today announced that David A. Bochnowski, the Executive Chairman of the Bancorp’s Board of Directors, has informed the Board of his decision to retire as Executive Chairman and as a member of the Board, with his retirement to be effective as of June 30, 2023.

Key Points: 
  • MUNSTER, Ind., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank, today announced that David A. Bochnowski, the Executive Chairman of the Bancorp’s Board of Directors, has informed the Board of his decision to retire as Executive Chairman and as a member of the Board, with his retirement to be effective as of June 30, 2023.
  • The Board has appointed Benjamin J. Bochnowski, currently the Bancorp’s President and Chief Executive Officer and a member of the Bancorp’s Board of Directors, to succeed David Bochnowski as the Chairman of the Board.
  • The appointment of Benjamin Bochnowski as Chairman is the result of the implementation of the Bancorp’s normal succession planning process.
  • Benjamin J. Bochnowski currently serves as President and Chief Executive Officer of the Bancorp.

SRM Predicts FIs to Focus on Deposits and Investing in Fintech and ITMs in 2023

Retrieved on: 
Wednesday, January 11, 2023
Technology, Other Communications, Finance, Fintech, Public Relations, Investor Relations, Marketing, Banking, Other Technology, Communications, Professional Services, American Bankers Association, HSBC, Digital, The, Pressure, ITMS, Marketing, Financial technology, JPMorgan Chase, Research, Diving, ITM, Investment, Management, Bank, Cryptocurrency, SRM

Financial institutions must have comprehensive plans for retaining and attracting revenue producers when there is upward pressure on wages.

Key Points: 
  • Financial institutions must have comprehensive plans for retaining and attracting revenue producers when there is upward pressure on wages.
  • Institutions must have a deeper awareness and understanding of the fintech market.
  • Competition for deposits will be a significant focus for banks and credit unions in 2023, forcing many to use tried-and-true methods and new approaches to ensure depositors stay in the fold.
  • “This year, the most successful institutions will focus on what will most effectively help them attract and retain customers.

Finward Bancorp Chief Risk Officer and General Counsel to Retire in May 2023

Retrieved on: 
Friday, January 6, 2023
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Munster, Ind., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Finward Bancorp (the “Bancorp”) (Nasdaq: FNWD) announced today, that effective at the close of business on May 5, 2023, Leane E. Cerven, Executive Vice President, Chief Risk Officer, General Counsel, and Corporate Secretary, will be retiring from her role at the Bancorp and its wholly-owned bank subsidiary, Peoples Bank (the “Bank”).

Key Points: 
  • Munster, Ind., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Finward Bancorp (the “Bancorp”) (Nasdaq: FNWD) announced today, that effective at the close of business on May 5, 2023, Leane E. Cerven, Executive Vice President, Chief Risk Officer, General Counsel, and Corporate Secretary, will be retiring from her role at the Bancorp and its wholly-owned bank subsidiary, Peoples Bank (the “Bank”).
  • In 2021, Ms. Cerven assumed the position of Chief Risk Officer of the Bancorp and the Bank in addition to her other responsibilities.
  • In her current role as Chief Risk Officer, General Counsel and Corporate Secretary, Cerven oversees the Legal, Corporate Secretary, Compliance, Fraud, CRA, and Audit functions of the Bancorp and the Bank.
  • “Her experience and insight as both Chief Risk Officer and General Counsel have been invaluable assets for the Bank for more than a decade.

Federal Home Loan Bank of Atlanta Announces Three New Members of its Affordable Housing Advisory Council

Retrieved on: 
Wednesday, January 4, 2023
James Madison University, Virginia Association, Birmingham City Schools, Workforce, Social work, First United Bank, ReNew Power, Wesleyan College, American Bankers Association, Cumberland School of Law, Veteran, Committee, Memory, Watts Labor Community Action Committee, Federal Reserve Bank of St. Louis, The arts, Thomas, Duquesne University, Community development, COVID, Humanity, Executive, City, Organization, Social justice, Samford University, Thomas R. Kline School of Law, Division, Federal Home Loan Banks, Federal Reserve Bank, National Association, History, Council, Juris Doctor, Political science, Management, Housing, Science, Policy, Economics

ATLANTA, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three members to its Affordable Housing Advisory Council (Council).

Key Points: 
  • ATLANTA, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three members to its Affordable Housing Advisory Council (Council).
  • Mr. Grant’s banking career in Maryland spans over forty years, beginning in 1978 with First National Bank of Oakland, Maryland.
  • He served on the board of directors of the Baltimore branch of the Federal Reserve Bank of Richmond from 2007 to 2013.
  • His initiatives as Mayor have included neighborhood revitalization and affordable housing among a number of other important initiatives.

Merchants & Marine Bank Taps Trammell for Chief Operations Officer Post

Retrieved on: 
Thursday, January 5, 2023
Banking, Professional Services, Finance, Business administration, Bank One Corporation, Marketing, Bank, Assistant District Secretary of Chama Cha Mapinduzi, American Bankers Association, Financial institution, Louisiana Office of Juvenile Justice, Knowledge, Merchant, Chase Bank, Mississippi Department of Marine Resources, MassMutual, University, Bank Secrecy Act, Family, JPMorgan Chase, Louisiana State University, Master of Business Administration, Conference, Trammell, Graduate school, Alternative financial services in the United States, Management, New York Life Insurance Company

The Board of Directors of Merchants & Marine Bank, a wholly owned subsidiary of Merchants & Marine Bancorp, is pleased to announce the promotion of Jeff Trammell to the position of Chief Operations Officer (COO).

Key Points: 
  • The Board of Directors of Merchants & Marine Bank, a wholly owned subsidiary of Merchants & Marine Bancorp, is pleased to announce the promotion of Jeff Trammell to the position of Chief Operations Officer (COO).
  • Trammell joined Merchants & Marine Bank’s executive leadership team in 2019, taking the role of Chief Risk & Strategy Officer.
  • Just prior to joining Merchants & Marine Bank, Trammell served as a Supervisory Examiner at the Mississippi Department of Banking and Consumer Finance.
  • Prior to leading teams at state-level bank regulators, Trammell served as a Compliance Officer at Business First Bank in Baton Rouge.

American Banker creates new recognition program for Innovator of the Year, commemorating technology innovators in the financial services industry

Retrieved on: 
Monday, December 19, 2022
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NEW YORK, Dec. 19, 2022  /PRNewswire-PRWeb/ -- American Banker, Arizent's essential resource for senior executives in financial services, launches a new celebratory program: Innovator of the Year. This initiative expands on the Digital Banker of the Year awards the publication has given out for the past decade.

Key Points: 
  • As a recognition program that celebrates technology innovators in financial services, this award honors leaders who are building a foundation for the industry's future while leading innovation across banking.
  • NEW YORK, Dec. 19, 2022 /PRNewswire-PRWeb/ -- American Banker, Arizent's essential resource for senior executives in financial services, launches a new celebratory program: Innovator of the Year.
  • This initiative expands on the Digital Banker of the Year awards the publication has given out for the past decade.
  • Arizent also connects business communities through leading financial services brands like American Banker, The Bond Buyer, Financial Planning and National Mortgage News, as well as professional services brands like Accounting Today, Employee Benefit News and Digital Insurance.

U.S. Small Business Administration Announces Strategic Alliance to Support Small Business Exporters

Retrieved on: 
Wednesday, December 14, 2022
Agency, Federation, Small business, Human, Safety, Education, SBA, Growth, International trade, SAM, American Bankers Association, Policy, Bank

BAFT and SBA strive to tackle challenges both lenders and small businesses face when seeking the trade financing that is essential to international trade.

Key Points: 
  • BAFT and SBA strive to tackle challenges both lenders and small businesses face when seeking the trade financing that is essential to international trade.
  • Together, the SBA and BAFT will work to educate small businesses and their lenders on the export financing solutions available in the marketplace.
  • “SBA’s new agreement with BAFT recognizes the impact and ingenuity of our small business exporters and the important role our lending partners play in funding their growth,” said Administrator Guzman.
  • The U.S. Small Business Administration helps power the American dream of business ownership.

American Banker launches new recognition program for The Most Powerful Women in Fintech, honoring trailblazing leaders in the fintech industry

Retrieved on: 
Friday, December 16, 2022
Benchmarking, Boca Raton Resort & Club, The Bond Buyer, Female, Woman, Journalism, Most, DEI, Research, Arizent, American Bankers Association, News, Accounting Today, DIGITAL, American Banker, National Mortgage News, Accounting, Science and technology in Asia, Bank, Financial technology

NEW YORK, Dec. 16, 2022 /PRNewswire-PRWeb/ -- American Banker, Arizent's essential resource for senior executives in financial services, has launched a new recognition program: The Most Influential Women in Fintech.

Key Points: 
  • NEW YORK, Dec. 16, 2022 /PRNewswire-PRWeb/ -- American Banker , Arizent's essential resource for senior executives in financial services, has launched a new recognition program: The Most Influential Women in Fintech.
  • "Though there are many women doing notable things in fintech, female leaders are still underrepresented in the C-suites of financial technology companies," said Penny Crosman, Executive Editor, Technology at American Banker.
  • With a banking community 850K strong, American Banker's transformative content connects leaders online, in person and in print every day.
  • Arizent is a business information company that advances professional communities by providing insights and analysis and convening industry leaders.

Lancaster County Banker Appointed to National Council for Community Bank Leaders

Retrieved on: 
Thursday, December 8, 2022
Banking, Professional Services, Finance, LLP, Heart, American Bankers Association, Data aggregation, Ernst, Certified Public Accountant, Bank, Conference, Corporation, Lehigh Coal and Navigation Company, School, CPA, Business administration, Saint Joseph University, Pennsylvania National Bank Building, Vice, Bloomsburg University of Pennsylvania, Ernst & Young, Employment, National bank, Federal Reserve Bank, Assistant, FDIC, NSF, Albright College, CSBS, ABA, Muhlenberg College, Pennsylvania State University, Equal housing lender, News, United Community Bank, Navigation, Bank of Bird-in-Hand, Congress, Berkshire Bank, Kutztown University of Pennsylvania, Risk, Management, Science

American Bankers Association has selected Lori A. Maley, CPA, President, CEO and Vice Chairman of Bank of Bird-in-Hand, to serve on ABAs Community Bankers Council.

Key Points: 
  • American Bankers Association has selected Lori A. Maley, CPA, President, CEO and Vice Chairman of Bank of Bird-in-Hand, to serve on ABAs Community Bankers Council.
  • Ms. Maley attended the ABA Community Bankers Council meeting in Washington, November 14-16.
  • ABAs Community Bankers Council, which meets twice a year, is made up of approximately 100 bankers from across the country from institutions with generally less than $5 billion in assets.
  • Lori A. Maley, CPA, has served as Vice Chairman, President and Chief Executive Officer of Bank of Bird-in-Hand since March 1, 2017.