Mortgage Blog
‘It’s a war’: Local bank execs share comments about growing cyber attacks
As cyber attacks ramp up, there's a war brewing between hackers and banks.
Outstanding Women in Business: Michele Hodges Lemmons, Inmar Inc.
Most adventurous thing she's ever done? Ziplining in the rain forest of Saint Lucia.
Farmers Bank CEO: Why we made a ranking of strongest U.S. community banks
Farmers Bank & Trust was named as one of the Top 100 Highest Performing Community Banks in the 21st Century by 47-year bank consulting veteran Alex Sheshunoff.
IberiaBank Corp. lays out strategic goals for 2020
Louisiana-based IberiaBank Corp. (NASDAQ: IBKC) has set forth multiple goals to meet by 2020 to improve profitability.
IberiaBank is a growing presence in Birmingham's banking scene, ranking 10th with $674.77 million in local deposits. It recently purchased a building in Hoover that will house a number of operations.
“I believe our 2020 strategic goals not only reflect the strength of our business today, but also confidence in our ability to capitalize on the opportunities we see in our markets,”…
Bank of Hawaii reports 5.4% increase in net income for Q1 2018
Bank of Hawaii Corp. (NYSE: BOH) on Monday reported first-quarter net income of $54 million, or $1.28 diluted earnings per share, up 5.4 percent from $51.2 million, or $1.20 diluted earnings per share, in the same quarter last year.
The state’s second largest bank reported its loan and lease balances were $9.9 billion for the quarter ending March 31, an increase of 8.7 percent from $9.1 billion last year.
Total deposits were $14.9 billion, an increase of 1.3 percent from $14.7 billion in last…
Trust expert: Nonprofits can compensate for expected $13B to $20B dent from tax changes
The new tax law probably will cause a significant reduction in the number of people who file itemized tax returns, generating concern among nonprofits and causing them to rethink their strategy for approaching donors.
Americans donate about $390 billion a year to charities with 72 percent coming from individual donors, 15 percent from foundations, 8 percent bequeathed and 5 percent from corporate giving, according to a 2016 study by the University of Indiana.
Of the about $280 billion coming from…
California Treasurer turns up heat as ‘death knell tolls for Wells Fargo’
California Treasurer John Chiang held a press conference in San Francisco Monday to once again call on Wells Fargo CEO Tim Sloan to step down, foreshadowing the showdown expected between Chiang and the bank's management at the bank's annual meeting in Des Moines this week.
Prepare your company for blockchain business beyond bitcoin
Blockchain is best known as the platform supporting the cryptocurrency bitcoin, but the technology’s most far- reaching impact is developing quietly behind the scenes.
Blockchain technology allows for the recording, execution and auditing of contracts in real time on distributed ledgers. It can be adopted to asset sales, payments, loans and contracts of all types.
Here’s how. By eliminating the need for trusted third parties, blockchain continues the internet’s elimination of middlemen.
Bitcoin…
Outstanding Women in Business: Ashley Kohlrus, Allegacy Federal Credit Union
Most adventurous thing she's ever done? Class 5 whitewater rafting in Colorado.
SunTrust reveals former employee may have stolen info on 1.5 million clients
SunTrust Banks Inc. revealed Friday that a former employee may have stolen the personal information of more than a million clients.
In a statement, SunTrust (NYSE: STI) said, “The company became aware of potential theft by a former employee of information from some of its contact lists. Although the investigation is ongoing, SunTrust is proactively notifying approximately 1.5 million clients that certain information, such as name, address, phone number and certain account balances may have been…