CDFI Fund: Application Demand for FY 2018 Round of BEA Program Released

NEARLY $941 MILLION IN INCREASED INVESTMENTS, LENDING AND SERVICES IN HIGHLY DISTRESSED COMMUNITIES AND TO CDFIS The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2018 round of its Bank Enterprise Award Program (BEA Program). A […]

ABA: Officers, Board Elected for 2018-2019

Members attending the American Bankers Association’s annual convention in New York have elected new ABA officers and directors to serve on ABA’s board for the 2018–2019 association year. The new officers are: CHAIRMAN: Jeffrey M. Szyperski, chairman, president and CEO, Chesapeake Bank, Kilmarnock, Va.; CHAIRMAN-ELECT: Laura Lee (Laurie) Stewart, president […]

ABA: Jeffery Szyperski, Virginian Banker, Elected as New ABA Chairman

Today the American Bankers Association elected Jeffrey M. Szyperski as its chairman for the 2018-2019 association year. The election took place during ABA’s annual convention in New York. Szyperski is also chairman, president and CEO of Chesapeake Financial Shares, Inc., and Chesapeake Bank, an $820 million institution based in Kilmarnock, […]

ABA: Survey Shows Americans Highly Satisfied with their Bank, Trust Banks the Most to Keep Information Secure

Nearly 9 in 10 Americans with a bank account (86 percent) say they are “very satisfied” or “satisfied” with their primary bank, and 94 percent rate their bank’s customer service as “excellent,” “very good” or “good,” according to a new survey conducted by Morning Consult on behalf of the American […]

FDIC: New Members for the Advisory Committee on Community Banking Announced

The Federal Deposit Insurance Corporation (FDIC) has announced the selection of seven new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory […]

ABA: Association Donates $100,000 to North Carolina Bankers Association Hurricane Relief Fund

In light of the devastating impact Hurricane Florence has had on North Carolina, the American Bankers Association will donate $100,000 dollars to a relief fund created by the North Carolina Bankers Association. ABA will also match donations made by ABA employees. The fund will assist bank employees and their families […]