FDIC Launches Academic Challenge Focused on Community Banking

On September 18, the Federal Deposit Insurance Corp. (FDIC) announced the launch of the agency’s first-ever Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector. The topic for this inaugural challenge is “The Effects of Community Banks on Local Economic Development.” The FDIC’s Center for … Read more

Did the Paycheck Protection Program Funds Get to Small Businesses? A Study of the Role of Community Banks in Texas

MARK GRIFFITHS, Principal, MG2 Investments LLCMIKE MAULDIN, Director of the Excellence In Banking Program, Texas Tech UniversityDREW WINTERS, Pickering Chair in Finance, Texas Tech University EDITOR’S NOTE: This research paper was provided by the Excellence in Banking Program at Texas Tech University and provides documentation and valuable insights into the remarkable efforts of community banks … Read more

Texas Tech Today Article Focuses on Dire Need for Community Banking

An article published recently in Texas Tech Today addresses the tremendous need for community banking and notes the recent high volume of Paycheck Protection Program loans that were processed by community banks as one example of the importance of these financial institutions. The September 2 article by Glenys Young, titled “Researchers Warn Community Banks Are … Read more

Pandemic Banking: A Prologue to the Future

“What’s past is prologue.” —William Shakespeare, The Tempest I cannot see the future. Honestly, I am struggling to keep up with the present—but I am taking notes. These notes will serve as the prologue for a future in which there will be plenty of questions about what banks did or did not do to put … Read more