Brie Truett – Page 4 – McCormack & Associates

May 21, 2018

Be-a-Banker Special Back to School Training

McCormack & Associates is excited to offer a comprehensive training program that will TRANSFORM employees into “BANKERS!” Staff members completing this special training will have a […]

May 17, 2018

Community Involvement

At McCormack & Associates, we are more than just bankers…we are making a difference in our communities as well! We have the best associates! Bonnie Riedmann […]

May 3, 2018

Mayor’s Prayer Breakfast

March 13, 2018

Military Lending Act Rule; Changes You Need to Know About

The DoD has issued amended and added Q&As from the DoD Military Lending Act (MLA) Interpretive Rule issued August 26, 2016. We have included from the […]

Community Banking News courtesy of American Banker

A love for data jump started the career of Citizens' chief experience officer: The Climb April 19, 2024
Beth Johnson, a self-described math geek, is driving the bank's ESG strategy and training its employees to keep pace with industry trends.
Allow private capital to provide liquidity to Ginnie Mae servicers April 19, 2024
Banks and other private lenders could help ease the liquidity crisis facing some companies that service Ginnie Mae mortgages, but are currently prevented from doing so by the agency's rules. A simple fix would benefit everyone involved.
Key is downbeat on U.S. economy, upbeat on its own outlook April 18, 2024
The Cleveland-based bank is projecting steady growth in net interest income even as credit losses remain manageable. But Chairman and CEO Chris Gorman also said that he thinks a recession is likely.
Texas Capital reports 53% jump in criticized loans, plans for more April 18, 2024
The first-quarter increase involved commercial real estate loans, including some problematic multifamily loans and an office credit, but none of the criticized loans were to consumers, officials at the Dallas company say. Further CRE deterioration is anticipated.
How loan-hungry Ally is preparing for the Fed's upcoming speed limit April 18, 2024
The Detroit-based company is exploring ways to make more consumer auto loans without running afoul of stricter capital standards that are expected from the Federal Reserve. Possible approaches include more securitizations and the use of credit risk transfers.