North Carolina Banks Receive $43,356 in Distributions from American Bankers Mutual Insurance, Ltd. $100.8 million has been declared in total distributions since 1991. American Bankers Mutual Insurance, Ltd., the reinsurer for the insurance program co-endorsed by American Bankers Association (ABA) and North Carolina Bankers Association (NCBA), declared a $3.5 million distribution to be shared by…
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A Startling Statistic
While numerous bills have been debated or voted upon in Congress this year, only a tiny fraction have become law. So far this session of the 118th Congress – that began this year and runs through next year – there have been 14,327 bill filings. How many have become law? A total of… 22. That…
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Guest Instructors for Credit Essentials Course
Michelle Andrews Michelle Andrews is Senior Vice President and Director, Credit Analysis for First Citizens Bank in Raleigh, NC. Over the course of her 30-year career in the financial services industry she has successfully led teams across multiple functions, including credit underwriting and portfolio management, talent development, and credit software administration. Michelle earned a bachelor’s…
DetailsTime Out for Trivia: Q’s and A’s to Enlighten Portfolio Management
If you’re a sports fan (and I know you are), and you’re also of a vintage that has recall back several decades, you may have heard of Todd Donaho. Donaho was the self-proclaimed “commissioner of sports trivia” as the host of Time Out For Trivia, a popular live call-in show that ran on the USA…
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Agencies Release CRA Rulemaking
At an open board meeting on Tuesday, the federal banking agencies released a final rule that will fundamentally change how they will assess compliance with the Community Reinvestment Act. The interagency final rule spans 1,494 pages. On Tuesday, the NCBA circulated a member alert with additional details, including the effective dates of various provisions. The…
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