CBA General Programs

Items about the Consumer Bankers Association and its initiatives, including CBA Advanced Education, CBA LIVE, CBA Team news and more.

  • February 12, 2016
    Industry consolidation is what will keep community banking viable in the face on persistent threats such as the economy, technology and regulation. That's the view of Richard Hunt, president and chief executive of the Consumer Bankers Association. To be sure, Hunt isn't a cheerleader for a new wave of mergers; rather, he views consolidation as a necessary evil even as community banks get...
  • February 5, 2016
    Many CBA Members Already Serving Unbanked Earlier this week, in conjunction with a Wednesday field hearing in Louisville, KY, the CFPB made headlines by calling on the nation’s 25 largest banks to offer alternative (i.e. low-cost, no overdraft) checking accounts to consumers. CBA strongly believes all U.S. consumers should have access to checking accounts with upfront fee disclosures and clear...
  • February 4, 2016
    Credit Union Loan Source (CULS) recently hired William Moniz to take over for retiring CEO Ralph Jones. “I’m very excited about this new phase in my career,” Moniz said. “It really is a people and service-centered group, and I am already really enjoying my time here. This organization has a great reputation and I’m looking forward to seeing what we can accomplish together.”An accomplished and...
  • February 1, 2016
    For many, the phrase "banker's hours" probably conjures up visions of harried workers rushing to deposit their paychecks before the tellers close their windows, or rushing to a bank during a lunch hour to try to resolve some problem because they can never get there otherwise. With many Americans expected to answer work emails around the clock, and a work culture so frenetic that some retailers...
  • January 29, 2016
    PNC Financial Services Group , Inc. (NYSE: PNC) has named chief customer officer Karen L. Larrimer to succeed Neil F. Hall, who will retire as executive vice president and head of retail banking, effective July 1, 2016, the company said. Hall joined PNC when the company acquired Chemical Bank, New Jersey, where he was executive vice president of the Consumer Banking Group. He is a longtime board...
  • January 29, 2016
    Evolution of Banking: M&A is New Norm For months , we have discussed the industry is undergoing a transformation due to three major disruptions: the economy, the regulatory environment, and advancements in technology. Any one of these would have been trying, but all three at once created the perfect storm. Knowing this, I was not surprised by Tuesday’s announcement that Huntington is...
  • January 27, 2016
    If you picked out your bank based on the locations of branches, or if you just set up automatic checking account payments for your car insurance or cell phone bill or gym membership, hold on. We could be gearing up for a new wave of mergers among the nation's 6,200 banks, experts say. Huntington Bank on Tuesday announced it's buying FirstMerit Bank , a merger that will create about 1,000 branches...
  • January 27, 2016
    The PNC Financial Services Group, Inc. has announced the retirement of Neil Hall as executive vice president, or EVP, and head of retail banking, effective July 1, 2016. PNC Chief Customer Officer Karen L. Larrimer will succeed Hall as head of Retail Banking. "Throughout his 20 distinguished years with PNC, Neil has been a passionate advocate for customers," said William S. Demchak, chairman,...
  • January 27, 2016
    The last time Huntington Bancshares made a big acquisition, the bank got stuck with $1.5 billion in toxic subprime loans that blew up during the recession and help pushed the bank's stock down to a dollar. This time, Huntington says its acquisition of Akron-based FirstMerit Bank is different. “We have identified the risks and we’ll manage them,” said Steve Steinour, Huntington’s chairman,...
  • January 26, 2016
    Lamar Advertising Co. (NASDAQ:LAMR) announces private offering of senior notes due 2026, seeking to raise $400 mln, portion will be used for acquisition of certain assets of Clear Channel Outdoor Holdings. Will use proceeds to pay $300 mln term A-1 loan, to fund acquisition of Clear Channel Outdoor Holdings (CCO), and pay a portion of borrowings from credit facility Lamar Advertising Co. (NASDAQ:...

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