Federal Reserve Bank of Kansas City

Equity Bancshares, Inc. Reports Third Quarter Results; Including Net Interest Margin Growth Driven by Core Deposit Base

Retrieved on: 
Tuesday, October 17, 2023

During the quarter, the Company realized linked period Net Interest Margin growth of 13 basis points, and Net Interest Income growth of $1.6 million.

Key Points: 
  • During the quarter, the Company realized linked period Net Interest Margin growth of 13 basis points, and Net Interest Income growth of $1.6 million.
  • Pre-tax, pre-provision net income for the quarter was $15.5 million up $2.3 million linked quarter driven by growth in both net interest income and non-interest income.
  • During the quarter, the Company received non-objection from the Federal Reserve Bank of Kansas City related to the repurchase plan.
  • During the third quarter, Equity announced two internal promotions to its executive management team.

Operation HOPE Proudly Celebrates the Appointment of Governing Board Member Jeffrey Schmid as President & CEO of the Federal Reserve Bank of Kansas City

Retrieved on: 
Thursday, August 3, 2023

Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, congratulates Jeffrey Schmid, a long-time Board Member of Operation HOPE, on his appointment as the tenth president and chief executive officer of the Federal Reserve Bank of Kansas City.

Key Points: 
  • Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, congratulates Jeffrey Schmid, a long-time Board Member of Operation HOPE, on his appointment as the tenth president and chief executive officer of the Federal Reserve Bank of Kansas City.
  • Mr. Schmid will remain a member of the Operation HOPE Governing Board of Directors.
  • We are forever indebted for his support in putting HOPE counsellors inside Mutual of Omaha bank branches when we launched our award-winning HOPE Inside program,” said John Hope Bryant, Founder, Chairman, and Chief Executive Officer at Operation HOPE.
  • We are confident that the Kansas City Fed has a capable new CEO, one who knows how to work with people and get things done.”

Block Names Neha Narula, Director of the Digital Currency Initiative at MIT Media Lab, to Board of Directors

Retrieved on: 
Thursday, July 27, 2023

Today Block, Inc. (NYSE: SQ) announced that Neha Narula, Director of the Digital Currency Initiative at the MIT Media Lab, has joined its Board of Directors.

Key Points: 
  • Today Block, Inc. (NYSE: SQ) announced that Neha Narula, Director of the Digital Currency Initiative at the MIT Media Lab, has joined its Board of Directors.
  • “I've long admired Block's focus on building simple, cohesive products that empower people and communities to participate in the financial system,” said Neha Narula.
  • “We share core values around the power of open source software and the ability for open protocols to transform the way people move money.
  • in Mathematics and Computer Science from Dartmouth College and a Master’s degree and a Ph.D. in Computer Science from MIT.

Hallmark Cards, Inc. Adds Esther George to its Board of Directors

Retrieved on: 
Wednesday, June 28, 2023

KANSAS CITY, Mo., June 28, 2023 /PRNewswire/ -- Hallmark has announced Esther L. George, retired president and CEO of the Federal Reserve Bank of Kansas City, is elected to its board of directors.

Key Points: 
  • KANSAS CITY, Mo., June 28, 2023 /PRNewswire/ -- Hallmark has announced Esther L. George, retired president and CEO of the Federal Reserve Bank of Kansas City, is elected to its board of directors.
  • "I am honored to be named to the board of directors at Hallmark," George said.
  • A Missouri native, George currently serves as chair of the Ewing Marion Kauffman Foundation Board of Trustees in Kansas City.
  • George joins seven other directors on the Hallmark board, including David Dillon, retired CEO of the Kroger Company; Pauline Fischer, founder and principal of PMF Media Group; Nancye Green, founding partner, Donovan/Green; Janet Rollé, CEO of the American Ballet Theatre; Mike Perry, Hallmark president and CEO; David Hall, Hallmark executive vice-chairman of the board; and Don Hall, Jr., Hallmark executive chairman of the board.

Texans Credit Union Promotes Tanya Patterson to Vice President of Strategic Solutions

Retrieved on: 
Monday, May 15, 2023

RICHARDSON, Texas, May 15, 2023 /PRNewswire/ -- Texans Credit Union (Texans), a leading credit union in North Texas, announced today Tanya Patterson's promotion to Vice President of Strategic Solutions.

Key Points: 
  • RICHARDSON, Texas, May 15, 2023 /PRNewswire/ -- Texans Credit Union (Texans), a leading credit union in North Texas, announced today Tanya Patterson's promotion to Vice President of Strategic Solutions.
  • In her new role, Patterson will lead the newly formed Strategic Solutions department, which will focus on identifying new growth opportunities for the credit union.
  • "I am honored to have the opportunity to lead the new Strategic Solutions department at Texans," said Patterson.
  • We believe her leadership skills will be instrumental in helping Texans achieve its strategic objectives," said David Frazier, CEO of Texans Credit Union.

Terrain™ Launches with Powerhouse of Ag Economists and Market Analysts

Retrieved on: 
Monday, November 7, 2022

OMAHA, Neb. and SANTA ROSA, Calif., Nov. 6, 2022 /PRNewswire/ -- Terrain, a new source of agricultural industry analysis for U.S. farmers and ranchers, launches today, Nov. 7, 2022. Three leading Farm Credit Associations – American AgCredit, Farm Credit Services of America and Frontier Farm Credit – partnered to establish and offer Terrain to their customers.

Key Points: 
  • and SANTA ROSA, Calif., Nov. 6, 2022 /PRNewswire/ -- Terrain, a new source of agricultural industry analysis for U.S. farmers and ranchers, launches today, Nov. 7, 2022.
  • Three leading Farm Credit Associations American AgCredit, Farm Credit Services of America and Frontier Farm Credit partnered to establish and offer Terrain to their customers.
  • "To continue to grow our customers' success, we combined the scale of Farm Credit Services of America, American AgCredit and Frontier Farm Credit to create Terrain's industry-leading team."
  • Don Close, an internationally recognized leader in cattle marketing and policy, leads the Terrain team.

Javier Fernandez elected to Ameritas board of directors

Retrieved on: 
Thursday, September 22, 2022

LINCOLN, Neb., Sept. 22, 2022 /PRNewswire/ -- L. Javier Fernandez, president & chief executive officer of the Omaha Public Power District, has been elected to the Ameritas Mutual Holding Company board of directors, Ameritas President and CEO Bill Lester announced.

Key Points: 
  • LINCOLN, Neb., Sept. 22, 2022 /PRNewswire/ -- L. Javier Fernandez, president & chief executive officer of the Omaha Public Power District, has been elected to the Ameritas Mutual Holding Company board of directors, Ameritas President and CEO Bill Lester announced.
  • L. Javier Fernandez, OPPD, has been elected to the Ameritas Mutual Holding Company board of directors.
  • Fernandez also will serve as a director for Ameritas Holding Company and Ameritas Life Insurance Corp.
    "Javier's business and financial acumen will be a great asset as Ameritas continues developing growth strategies for the future," Lester said.
  • Ameritas is a marketing name for Ameritas Mutual Holding Company and its affiliated subsidiary companies, including Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York.