Effective loan administration will protect margins and balance sheets at banks over the next year as financial institutions handle the effects of the pandemic-induced economic crisis. In any economy—but especially in the current one where...

What if we could predict the weather? On September 5, 1862, this question led James Glaisher to do something no one had ever done before. Along with aeronaut Henry Tracy Coxwell, he stepped into a...

As COVID vaccinations increase and mask mandates subside, businesses are beginning to draw sighs of relief, hoping that the worst is behind us and the future brings some sense of normalcy. But there is no...

For more than a year, community bankers have been hard at work saving the nation’s small businesses via the Paycheck Protection Program (PPP). The effort has been nothing short of heroic—and, from what I am...

Many aspects of life are beginning the return to normal. In a number of ways, we can see light at the end of the tunnel. We look forward to the days when we can do things...

The 2021 release of the Paycheck Protection Program (PPP) is part of the Consolidated Appropriations Act (CAA), which was signed into law on December 27, 2020. The new release of the program arrived at the...

Let me tell you a story. It’s not my story, but it is one I seem to be hearing a lot these days: The world of financial services is changing. It is changing fast. Everything...

The COVID-19 pandemic has disrupted banking. Changing consumer behavior has created new habits that will last a lifetime. Remaining relevant in an evolving competitive landscape reshaped by the pandemic is the challenge. Financial institutions that...

EDITOR’S NOTE: In 2007, the Federal Reserve Bank of St. Louis published a paper by economist Thomas A. Garrett, then an assistant vice president at the St. Louis Fed (now an associate professor in economics...

Take a stroll back in time with me. It was a simpler time. It was an easier time. It was February. In the February 24, 2020, edition of Bankers Digest, I declared that the era...