TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Members of the Independent Bankers Association of Texas (IBAT) will return to Colorado for the 22nd Annual Winter Summit, January 29–31 at the Westin Riverfront Resort & Spa in Avon, at the base of Beaver Creek Mountain. The meeting provides a memorable opportunity for bankers to have face-to-face interaction and invaluable conversations with senior regulators … Read more
In early December, Bankers Helping Bankers hosted its first event for community bankers throughout the country since the platform launched in October. The hour-long educational session featured Ben Soppitt, CEO of Unifimoney, a cryptocurrency trading application, in conversation with Independent Bankers Association of Texas President and CEO Christopher Williston about the basics of cryptocurrencies and … Read more
Board education and training are essential best practices in the new era of community banking. Regulatory expectations and wise management demand a skill set that many directors lack. The Southwestern Graduate School of Banking Foundation (SWGSB) and the Independent Bankers Association of Texas (IBAT) have recognized this and offer the Certified Community Bank Director’s (CCBD) … Read more
Kurt Purdom, deputy commissioner at the Texas Department of Banking, has announced his retirement effective August 31. The announcement comes after serving more than 39 years in bank regulatory supervision with the Texas Department of Banking. Purdom has held the position of deputy banking commissioner since November 2018. “Kurt has been part of this agency’s … Read more
State financial regulators, joined by the Bankers’ Electronic Crimes Task Force and U.S. Secret Service, have issued a self-assessment tool to banks they supervise in an effort to help mitigate ransomware attacks. “Ransomware is a major threat to the financial services industry,” says Texas Banking Commissioner Charles G. Cooper, who leads the Bankers’ Electronic Crimes … Read more
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