Podcasts about aba banking journal

In the wake of this week's significant executive order directing the Treasury to eliminate the use of paper checks for federal government disbursements (and payments to the U.S. government), ABA's Steve Kenneally joins the podcast for a conversation on what's next for the payments system. In this episode — sponsored by nCino — Kenneally discusses: The role of Treasury checks in check fraud schemes. The order's aggressive timeline, with an implementation date of Sept. 30, 2025. The significant challenges faced by different federal agencies in phasing out paper payments. The potential scope of exceptions to the order. How banks can help the small remaining user base of Treasury checks switch into bank accounts, including Bank On-certified accounts.   Read our ABA Banking Journal feature on “Is it time to kill the paper check?“

“Well, your money's in Joe's house, that's right next to yours. And in the Kennedy House, and Mrs. Macklin's house, and, and a hundred others. Why, you're lending them the money to build, and then, they're going to pay it back to you as best they can.” Seventy-eight years ago, George Bailey memorably explained the operation of a mutual savings and loan to a national audience in It's a Wonderful Life. But while today's bankers understand mutuality, do today's potential clients? On the latest episode of the ABA Banking Journal Podcast — sponsored by TransUnion — bank leaders Gregg Tewksbury and Lori Dufficy discuss a new campaign, Mutuals Matter, that aims to educate consumers about mutual bank ownership. Among other things, they talk about: Why present, and future, customers need to be educated about the distinctive values of mutuality. How the campaign developed messaging that resonates with consumer. The role of the campaign in helping mutual bank employees understand their unique value proposition and take pride in their work. This episode is presented by TransUnion. If you can't see the audio player above, click here to listen to this week's episode. View the campaign at MutualBanksMatter.com. Read more in the ABA Banking Journal about public opinion on mutuality. Register for the ABA Mutual Community Bank Conference, April 6-7 in Washington, D.C.

To mark Independence Day this week, this classic replay episode of the ABA Banking Journal explores the role of banking and finance in the American Revolution and the founding era. John Steele Gordon is an acclaimed economic historian whose books include Hamilton's Blessing, The Great Game and An Empire of Wealth; he is also the ABA Banking Journal's “From the Vault” columnist. In this episode, Gordon discusses: How not having any chartered banks prior to 1782 put the United States at a disadvantage during the Revolution. Conversely, how the Bank of England was a “secret weapon” for Britain during the war. The role of patriotic financiers like Robert Morris in achieving U.S. victory. The debates over a central bank in the post-revolutionary period and how they contributed to the development of the Constitution.

The cover story of the latest issue of the ABA Banking Journal features an unprecedentedly transparent look into what happens inside a financial institution during and after a ransomware attack. On the latest episode of the ABA Banking Journal Podcast — sponsored by Intrafi — Evan Sparks shares the true story of this anonymized bank and how it tackled what could have become a crippling ransomware attack. Sparks discusses: How hackers got in, the early moments after an attack happens and how the bank responded. The current ransomware threat environment for banks. How to execute on a cyber incident playbook and mobilize partners and vendors. Messages and services the bank provided to customers during the incident. Fatigue and other challenges facing the bank's team during the hack. Lessons learned and post-mortem changes the bank made to prevent a future incident.

marktreichel.comncuainterprehey, this is Mark Treichel with another episode of With Flying Colors. Today I want to chat about, , some things I've been picking up on by reading the American, , banker and also by listening to a podcast called the ABA Banking Journal, which I'm gonna play a snip of Pure, , shortly, but, There's some interesting things going on in the economy for many reasons, and there was an article in the American Banker, , that was called.There's an article in the American Banker called How Unrealized Bond Losses Are Hampering the Banking Industry. It's a fascinating article, but it talks about merger momentum slowing in banks because of the upside down nature of hold to maturity, investments, and other investments.If you will, but, in my mind, I think actually those unrealized bond losses in the credit union industry are likely going to speed up the mergers in credit unions. By the way, mergers in credit unions in 2022 were up about 20% over the 2021 rate. That's if you annualize the three quarters of this. Of this year into a full year., mergers are up about 20% and in a minute I'll tell you why I think mergers will likely be going up as well. But here's this, , a couple minute snippet of the ABA Banking Journal podcast that was published, , earlier or mid-November. So one final question for you. The, , um, you know, we, we, we've, we hear a lot about the, , we talk a lot in this industry about the, um, the credit union acquisitions of banks.Um, I, I don't think, I feel like we haven't seen as many in the, in the last year as we've seen kind of pre, pre pandemic, certainly. Um, what's the, what, what's your read on, , the long term tri on credit unions acquiring tax bank community? Well, you know, number one, um, I don't wanna, you know, downplay the concern that banking industry has over it, but there really haven't been that many in the whole scheme of things.Right. Um, you know, I mean, it's still a very, very small component of overall bank m and a. Um, that being said, , credit unions are able to pay cash to the seller and in an environment right now where you. The buying power of, , publicly traded banks is, , adjusting. Um, stock deals are maybe becoming a little more expensive.You know, people who can walk in, it's like buying a house. If somebody can walk in with a cash offer, you have to entertain it, right? So I think we'll see more credit union deals. I think, you know, thanks for better, for worse, have a responsibility to their investors to at least review those offers. , you know, um, and again, you know, it's gonna be hard to compete against a, a group that can pay cash and make the mathematics work like, like these credit union deals. All right, so that was interesting. I don't know if you caught it, but they talked about what do you think about the acquisition by credit unions?, Credit unions acquiring tax, paying community banks with a little needle there that it takes taxes out of the system if a, if a bank is acquired by a credit union, , which is there. The ABAs one argument about why it shouldn't be allowed. , and this is, I'm digressing a little bit, but , it was very interesting.The big difference between a bank acquiring another bank is they acquire it with stock. If stocks, if the stocks are down at both banks, it makes the acquisition less likely to go through at the banking level. Now, credit union deals are cash deals because there is no stock, and that makes them better deals.And as the, , guest on the show pointed out, I think at the dismay of the ABA person hosting it, , The credit unions are positioned to do it with cash and, , the bank stockholders have a duty to try and get the best return, which is why credit unions often win in that scenario. , but the article, so, so kind of linking that to the article, , the article in the American Banker says Merger momentum has slowed as bank valuations take a hit.And it goes on to say the unrealized bond l

Evan Sparks, SVP, Member Communications and Podcast Host at the American Bankers Association as well as Editor in Chief of the ABA Banking Journal shares his secrets with the A100 for producing a successful association podcast. Having launched five years ago with a goal of 500 downloads to keep it going, he now expects to hit over 100,000 downloads in a year. Evan talks about why he prefers the audio-only format, how he plans out his editorial calendar, tackling tough subjects and how the podcast fits into the overall communications strategy. Subscribe today so you never miss out on future episodes. Follow along for best practices, top trends, helpful ideas and smart strategies and tactics that work in the world of associations: Twitter: @association100 LinkedIn: /company/the-association-100 Intro/Outro Audio Credit: Ketsa Track: Poppin-Off https://freemusicarchive.org/music/Ketsa/ascendance/poppin-off

Often described as “charitable savings accounts” or “charitable checkbooks,” donor-advised funds are one of the fastest-growing charitable vehicles. On the latest episode of the ABA Banking Journal Podcast — sponsored by IntraFi Network — ABA's Evan Sparks talks about how banks of all sizes are building DAFs into their wealth management strategies. In this episode, he discusses: The nuts and bolts of how DAFs work How DAFs complement other bank business lines, including wealth management, consumer banking and business banking Why community banks have found that DAFs help keep charitable assets local How the DAF concept originated with the banking industry a century ago This episode is sponsored by IntraFi Network. Read Sparks' ABA Banking Journal article on DAFs.

As Jelena McWilliams prepares to leave office after an eventful three and a half years as FDIC chairman, she sat down with the ABA Banking Journal for a conversation on her tenure at the agency. While 2018 wasn't that long ago, it feels worlds away—in terms of the time-is-a-flat-circle nature of the pandemic, but also in the landscape of bank innovation and racial justice. In the final part of this two-part interview, McWilliams discusses several policy aspects of her tenure, including: Why she abstained from the FSOC vote to issue its report on climate change — and why financial regulators should factor the impact of climate risk supervision on employment into their frameworks. How climate risk supervision might affect the safety and soundness of community banks in energy-intensive regions. Why she chose not to finalize the OCC's Community Reinvestment Act rule and why it's important for regulators to work together on a consensus basis. Her hopes for the future of the FDIC's new Mission-Driven Bank Fund, a project two years in the making to support minority depository institutions and community development financial institutions. How the FDIC's small-dollar loan statement helps address financial inclusion challenges.

As Jelena McWilliams prepares to leave office after an eventful three and a half years as FDIC chairman, she sat down with the ABA Banking Journal for a conversation on her tenure at the agency. While 2018 wasn't that long ago, it feels worlds away—in terms of the time-is-a-flat-circle nature of the pandemic, but also in the landscape of bank innovation and racial justice. In part one of this two-part interview, McWilliams discusses: Where bank innovation stands in 2022 and how initiatives like FDITech are shaping the policy framework for innovation. Early results from FDITech initiatives around real-time data reporting and third-party due diligence. The agency's progress on standing up a standard-setting organization that can streamline vendor risk management and “challeng[e] core processors” to be more agile. The future of remote versus on-site FDIC exams in the post-COVID environment. A behind-the-scenes look at how the FDIC responded to the early days of the pandemic, including issuing guidance on troubled debt restructurings.

On the latest episode of the ABA Banking Journal Podcast — sponsored by Risk Proof, a PwC product — architecture critics Catesby Leigh and Anthony Paletta debate and illuminate two great traditions in U.S. bank design: classicism and modernism. Based on their recent essays for the ABA Banking Journal, Leigh and Paletta explore how U.S. bank architecture developed over the past two centuries, why classical motifs became so dominant (to the extent that the portico of a Greco-Roman temple is the visual shorthand for banking) and how banks made the transition from classicism to modernism in the 20th century. Leigh and Paletta also evaluate the future of bank branch architecture in an era when an image search for “bank” results in a sea of smartphone pictures. Meanwhile, in a bonus clip, they discuss the role of bankers as architectural patrons. This episode is sponsored by Risk Proof, a PwC product.

What’s top of mind for community bank risk managers in 2021? On the latest episode of the ABA Banking Journal — sponsored by NICE Actimize Xceed — Kristina Schaefer provides an overview of what’s on her radar screen as chief risk officer and general counsel at First Bank and Trust, based in Brookings, South Dakota. Schaefer talks cybersecurity (including the growing risk of social engineering schemes amid banks’ work-from-home environments), credit risk, interest rate risk, fraud and more. A member of ABA’s Emerging Leaders Advisory Board, Schaefer also highlights talent risk as one to watch in 2021 —  with more bank employees able to work anywhere, community banks may find out-of-market banks, as well as other companies, competing for their top professionals. Read insights from Schaefer and other bank risk professionals in Top Bank Risks for 2021. Analyze the current state of the industry to keep your bank strong and secure at this critical time of heightened risk at ABA Risk 2021, a virtual event combining ABA’s Risk Management Conference, Insurance Risk Management Forum and Risk Quantification Forum. This episode is sponsored by NICE Actimize Xceed.

INFO ON BRUCE BARTELDT:LinkedIn Profile: https://www.linkedin.com/in/bruce-barteldt-b625b410/Website: https://littleonline.comTwitter: @BruceBarteldtInstagram: https://www.instagram.com/bbarteldt/ Bruce Bartlett Bio:Chief Innovation Officer – Little: An experienced design thinker and senior leader for over 30 years, Bruce’s role as Chief Innovation Officer is aimed at maximizing the impact of Little’s diverse, multi-disciplined resources applied to their client’s deepest challenges. While his role is to provide guidance and strategic input for the company’s centralized consulting specialties, Bruce will also impact all practices nationwide (Community, Healthcare, Retail & Workplace) with strategy, experience design, problem definition, brand strategy and business consulting services.Senior Partner, Global Practice Leader - RetailBruce's leadership of Little’s retail management team results in lasting relationships with clients such as Capital One, Nautica, The Home Depot, CVS/Pharmacy, Rite Aid, Von’s (a Safeway Company), Lucky Brand Jeans., Concentra, Majestic Athletic (a VF Company), Publix, JC Penney, BB&T, Wells Fargo, Comerica, and Bank of America. Recent speaking experience includes Retail Asia Expo & Omni-Channel Retail Conference/Hong Kong, the international Perakende Tasarim Konferansi retail conference/Istanbul, BrazilShop/Sao Paulo, NASFM’s GlobalShop, the EPA’s national Smart Growth conference, TREX Total Retail Experience, ICSC CenterBuild, the National Retail Federation Conference and the Retail Construction Expo. He has also presented for the American Institute of Architects on facilities management strategies and served as a judge for Retail Traffic’s SADI awards and the Association for Retail Environments awards. Bruce is currently a member of the DDI editorial board, the Association for Retail Environments Board of Directors. He has authored numerous expert articles for Retail Environments Magazine, Retail Traffic, Expanded Retail Solutions, ABA Banking Journal, Shopping Center World, Healthcare Design and many other national and international publications.SHOW INTRO:As an experienced architect, musician, documentary short-film maker, design thinker and retail industry leader for over 30 years, my guest’s role as Chief Innovation Officer is aimed at maximizing the impact of diverse, multi-disciplined resources applied to his client’s deepest challenges. While his role is to provide guidance and strategic input for the company’s centralized consulting specialties, he also impacts all practices nationwide (Community, Healthcare, Retail & Workplace) with strategy, experience design, problem definition, brand strategy and business consulting services.His leadership has resulted in lasting relationships with clients such as Capital One, Nautica, The Home Depot, CVS/Pharmacy, Rite Aid, Von’s (a Safeway Company), Lucky Brand Jeans., Concentra, Majestic Athletic (a VF Company), Publix, JC Penney, BB&T, Wells Fargo, Comerica, and Bank of America. He has spoken all over the world at international retail conferences. He is on a number of retail industry trade and magazine boards and has authored numerous expert articles focused on retail design and customer experience in general and there has never been a time where we have spoken and I have not been challenged and learned something new.Bruce Barteldt inhabits three worlds he is a ‘futurist/future thinker’ - He’s a ‘pragmatist realist’ who lives in the present moment and understands the functionality of design in the current era as it’s always changing. And... his thinking is ‘rooted in old Socratic ancient Greek teachings - The School of Athens.’When I talk with him he’s always operating from these 3 worlds - They are less three distinct worlds than functional parallel universes that are intertwined. Think Tesseract from Interstellar.Because he is this kind of thinker who operates at the intersections of these temporal worlds of past present and future, He’s the ideal person to talk about where we stand right now and where he thinks we’re going and what we’re going to need as we navigate this journey.INFO ON DAVID KEPRON:Website: https://www.davidkepron.comLinkedIn: https://www.linkedin.com/in/david-kepron-9a1582b/Instagram: davidkepron and NXTLVL_experience_designTwitter: @davidkepron

Community and midsize banks aren’t one-size-fits-all, and neither are the strategies they can adopt for their core processing needs. On the ABA Banking Journal Podcast — sponsored by Reich and Tang Deposit Solutions — two community bank CIOs describe five strategies banks can pursue, from the familiar one-stop-shop model to options like headless cores, best-in-breed and “sidecar” cores. D.J. Seeterlin of Chesapeake Bank and Jaime Manriquez of Santa Cruz County Bank — both members of ABA’s Core Platforms Committee — outline benefits and drawbacks of each strategy, including what they mean for speed to market, tightness and flexibility for integration, vendor management needs and on-staff tech know-how. They also discuss the directions their banks are taking. The conversation with Seeterlin and Manriquez provides a game plan for conversations that banks need to have well before they start evaluating today’s core provider marketplace. Additional resources: ABA Banking Journal article by Seeterlin on core provider strategy. Resources from ABA’s Core Platforms Committee.

The OCC is planning to unveil what Acting Comptroller Brian Brooks called “payments charter 1.0” as soon as this fall, Brooks said on the latest episode of the ABA Banking Journal Podcast, sponsored by Jack Henry. Version 1.0 would be a “national version of a state money transmission license” offering nonbank payment providers a “national platform with preemption,” but not access to the Federal Reserve’s payments system. After about 18 months of operating under version 1.0, Brooks said, the agency would roll out version 2.0, which he anticipates would include direct Fed access. In recent interviews, Brooks has touted the idea of using the OCC’s authority to grant special-purpose national bank charters to charter payments companies. In the ABA Banking Journal podcast, Brooks provided more details about the financial inclusion requirements these charters would entail to provide consistency across depository and non-depository institutions. “What we have to do is be creative about the way that we measure the benefit created by our charter, and what is the rational, intelligent, but not overly burdensome concomitant benefit we’d expect them to plow back into their communities,” Brooks said. “Rest assured, these charters will have some kind of financial inclusion expectation.” Noting that banks have faced challenges adopting artificial intelligence and machine learning technologies in part because “regulators have been slow to provide guidance,” Brooks also said the OCC is working to evaluate advanced technologies that can improve financial inclusion such as AI-based underwriting. As part of the agency’s financial inclusion efforts, the OCC’s Office of Innovation is “in the process of standing up an evaluation unit, where for the first time the OCC will analyze specific technologies, look at risk frameworks, engage in model validation and give banks guidance about what we think is good and what we think is risky. We’ve never done that before.” The goal is to be “very specific,” Brooks added. “I’m not talking about generic guidance about managing safety and soundness and reputational risk. I’m talking about ‘What do we think about AI for credit underwriting?’ or ‘What are the fair lending and legal implications of AI in underwriting under various conditions?’ It won’t be useful if we’re not that specific.” In addition to the topics mentioned above, Brooks described several other elements of his OCC innovation agenda: Changing credit bid rules for real estate owned to incentivize homeownership and renovation in distressed neighborhoods. The need to update vendor risk management rules to support innovation. The role of core processors in supporting bank innovation in a time of technological unbundling in the fintech marketplace. Beyond appearing on the podcast, Brooks will be a keynote speaker at ABA’s Risk and Compliance Virtual Conference, July 28-30.

In 2019, a unique financial institution marks its centennial: the Bank of North Dakota, America's only state-owned and state-run bank. Part Federal Reserve, part economic development agency and part bankers’ bank, BND was spawned as a prairie populist reaction to a very different economic and social milieu. However, the latest episode of the ABA Banking Journal Podcast explores how BND's successes came when it decided to prioritize partnership with private-sector institutions, eschewing politics for pragmatism. Amid today's public banking debates, this episode provides perspective on what makes a bank like BND unique. Read more about BND in the ABA Banking Journal.

Last week on the ABA Banking Journal Podcast — in part one of a two-part series — co-host Evan Sparks took listeners on a trip to Tupelo, Miss., the smallest city in the country to have two banks with more than $10 billion in assets headquartered locally. The Tupelo economy is thriving today, with strong employment numbers, a diversified economy, robust GDP growth, quality schools, a best-in-class hospital and a vibrant downtown. Tupelo’s economic performance compares very favorably with similarly situated peer cities. On this week’s episode, Sparks digs into the unique role — and the special difference — that the bank headquarters play in driving Tupelo’s economic performance: attracting a skilled workforce, providing robust competition for business loans, recruiting new companies to the region and benefiting from bank leaders’ executive-level local knowledge. Bank headquarters are disappearing a little more each day as the industry consolidates. Even major cities may not have a single large bank headquarters, and yet Tupelo has two. Is that an X-factor driving Tupelo’s performance? Read the cover story in the March/April 2019 issue of the ABA Banking Journal on the Tupelo story.

Here’s a financial trivia question: What does Tupelo, Miss., have that much larger metropolitan areas, including Atlanta, Phoenix and San Diego, don’t? The answer: Tupelo is the smallest city in America to have at least two banks with more than $10 billion in assets call it home: BancorpSouth Bank and Renasant Bank. In an age of bank consolidation, what difference does it make to have two major hometown banks in a town Tupelo’s size? In part one of a special two-part series on the ABA Banking Journal Podcast, co-host Evan Sparks takes listeners on a trip to America’s tiniest financial hub. This episode, recorded on location, explores the unique factors that set Tupelo apart from its peer cities. Next week, part two will dig more deeply into the effect of having not just the two midsize banks in the market but their headquarters. Read the cover story in the March/April 2019 issue of the ABA Banking Journal on the Tupelo story.

Charlie Schmalz is optimistic about the policy environment for community banks. As chairman of ABA’s Community Bankers Council and president and CEO of East Wisconsin Savings Bank in Kaukauna, Wis., he outlines provisions in S. 2155 that will help his bank — including Qualified Mortgage designation for portfolio loans and the community bank leverage ratio — and describes it as “the beginning of common-sense banking legislation that needs to be passed.” “As primarily a mortgage lender, [Dodd-Frank] has put a tremendous amount of work and extra scrutiny into what is traditionally a plain-vanilla kind of business,” says Schmalz, who was profiled in the January/February 2019 issue of the ABA Banking Journal. “That’s a tremendous benefit to the country…that small community banks like ours are out there doing quality work.” In this episode, Schmalz highlights the program for the upcoming ABA Conference for Community Bankers, Feb. 10-13 in San Diego, and he talks about the persistence of the mutual banking model, capital issues that mutuals face, community bank technology plays, the economy in eastern Wisconsin — and the best place to get Wisconsin cheese curds.

ABA Banking Journal editor-in-chief Evan Sparks joins Josh and John on the latest episode of Marketing Money. The trio discusses GDPR and a variety of hot banking topics while diving into some of the great work the ABA is doing to support open banking initiatives across the United States. Also, Evan gives us a sneak […] The post Evan Sparks appeared first on Marketing Money Podcast.

ABA Banking Journal editor-in-chief Evan Sparks joins Josh and John on the latest episode of Marketing Money. The trio discusses GDPR and a variety of hot banking topics while diving into some of the great work the ABA is doing to support open banking initiatives across the United States. Also, Evan gives us a sneak […] The post Evan Sparks appeared first on Marketing Money Podcast.

In the more than eight years since the Dodd-Frank Act passed, just 13 new U.S. banks have been chartered — and in some years, no new banks have been chartered at all. ABA Chairman Ken Burgess, who co-founded FirstCapital Bank of Texas as a de novo two decades ago, is concerned about these numbers. While the number of de novos and applications in the pipeline have ticked up in recent months, the trend remains far below historical averages — and, as an ABA Data Bank post showed recently, the number of bank startups has diverged widely from its historic alignment with the overall business formation rate. In this episode, Burgess discusses: His own experience founding a bank and how going through that process — wearing lots of different hats — shaped his skills and career path as a banker. Regulatory and economic reasons for the de novo drought. How de novos infuse entrepreneurial energy into the banking industry and fuel the diversity of ways that banks meet community and customer needs. His leadership in providing recommendations to the FDIC on policies to encourage de novo formation. If you can’t see the audio player above, click here to listen to this week’s episode. Additional resources: ABA Banking Journal article on de novos and bank leadership. ABA Data Bank post on de novos and business formation. ABA De Novo Task Force white paper. FDIC to post de novo approval, application metrics on website.