ABA Banking Journal Podcast
“These rewards are more than just Amex, Chase, Citi,” says Brian Kelly, founder of the popular travel site . “Well over half of Americans have some form of rewards, often through their community banks — and to a lot of people, cash back rewards.” This bonus episode of the ABA Banking Journal Podcast — presented by — features a conversation with Kelly and ABA President and CEO Rob Nichols from ABA’s Washington Summit. In this episode, Kelly discusses his personal story of getting involved with reward travel, his opposition to efforts to cap interchange or...
info_outline Understanding the emerging bank M&A policy landscapeABA Banking Journal Podcast
The banking agencies and the Justice Department are shifting how they assess and review bank mergers and acquisitions. On the latest episode of the ABA Banking Journal Podcast — presented by — ABA SVP Hu Benton discusses what bankers need to know about potential deals and offers amid the wave of policy changes. Among other topics, Benton explores: The Justice Department’s of bank merger guidelines The FDIC’s on mergers. How mergers among national banks and federal thrifts. How bank mergers fit into the Biden administration and executive...
info_outline An NFL-player-turned-banker helping today's student athletesABA Banking Journal Podcast
Forget Tom Brady: Most professional athletes don’t play well into their 40s. “You play football for three to four years,” says Brandon Ghee. “And then the next thing you know you’re 25, 26. You’re looking to pursue a career and you go from making $750,000 a year to $50,000. These guys and girls have a problem with the transition [in]how they’re spending during their careers.” Athletes make a lot of big financial decisions at fairly young ages. On the latest episode of the ABA Banking Journal Podcast — presented by — Ghee, a community banker and former NFL...
info_outline ‘Building the organization around exceptional talent’ABA Banking Journal Podcast
First Horizon Bank, a regional bank based in Memphis, Tennessee, offers some eye-catching numbers on the bank’s gender balance: Women make up 62 percent of its executive team, 54 percent of its top 1,200 corporate managers and 33 percent of its board of directors. To mark International Women’s Day and Women’s History Month, the latest episode of the ABA Banking Journal Podcast — presented by — features three top executives from First Horizon discussing how the bank built an inclusive culture. For Beth Ardoin, chief communications officer, it’s less about focusing on...
info_outline The commercial real estate state of playABA Banking Journal Podcast
On the latest episode of the ABA Banking Journal Podcast — presented by — ABA’s Dan Brown and Sharon Whitaker discuss community bank exposures to commercial real estate and how community banks are managing shifts in the CRE sector. They also dispel imprecise narratives about the state of CRE. “There is a lot of ,” says Brown. There are going to be some challenges for sure. But at the same time, too, though, there’s going to be a lot of resilience. A lot of these loans are very conservatively underwritten. I think a lot of banks would be in a very good position no...
info_outline How the ‘apolitical’ Fed moves during presidential electionsABA Banking Journal Podcast
If the past has any predictive power, rate-watchers may want to discount the chance of significant rate movements this election year. On the latest episode of the ABA Banking Journal Podcast, ABA VP Jeff Huther summarizes his analysis of Federal Open Market Committee actions during presidential elections, showing that in rare circumstances — well-telegraphed technical movements from a low base or during crisis moments like 2008 — the FOMC has generally refrained from taking action that could be perceived as political. Huther discusses what this means for the 2024 interest rate outlook.
info_outline How flexible is your core? A new tool to help assessABA Banking Journal Podcast
“We’re really focused on increasing competition and innovation in the core provider landscape,” says ABA Chair Kristiane Koontz. “We want to make sure that people know core conversions are an option, and we want to help make that easier and less risky for banks to undertake. But in many cases, a core conversion may not be the right path.” On the latest episode of the ABA Banking Journal Podcast, the host catches up with Koontz at the to discuss the committee’s on core resilience and competition, as well as the committee’s plans for 2024. The show...
info_outline Reducing the friction in bankingABA Banking Journal Podcast
Sometimes there are good reasons for friction in the banking experience: to stop fraud, to comply with laws. But sometimes the friction is a result of legacy tech — and legacy thinking. On the latest episode of the ABA Banking Journal Podcast, Anne Tangen, a bank IT expert-turned-CEO at BankFive in Fall River, Massachusetts, talks about BankFive’s efforts to reduce friction in the account opening process, as well as her work to smooth the path for talented women in the community bank C-suite. Tangen also discusses her own career experience working at banks of all sizes and how BankFive is...
info_outline Getting the GSEs’ transition to new credit scores rightABA Banking Journal Podcast
The multiyear effort to required by Fannie Mae and Freddie Mac continues to move forward, and mortgage lenders, credit officers and compliance professionals need to know the latest developments. On the latest episode of the ABA Banking Journal Podcast, ABA VP Sharon Whitaker provides an update. Among other topics, Whitaker discusses: The operational challenges of moving from today’s tri-merge system to merging just two credit reports. How FICO 10T and VantageScore 4.0 differ from credit scores in use today. Why rushing the transition might be counterproductive to the...
info_outline MDI status helps a mutual bank supercharge its strategyABA Banking Journal Podcast
Late in 2023, Warsaw Federal — a $71 million mutual savings and loan in Cincinnati — was officially designated as a minority depository institution. The move to MDI status is part of the 130-year-old bank’s pivot to serving its community more deeply while building its capital base to support growth. On the latest episode of the ABA Banking Journal Podcast, President and CEO Robie Suggs discusses the bank’s strategy. Among other topics, Suggs discusses: Why and how Warsaw Federal sought and obtained MDI status, and how it helps the bank meet the needs of the Price Hill community of...
info_outlineCommercial real estate has faced substantial headwinds from stay-at-home orders and changing consumer behavior, and in many cases CRE has not received the same level of support available to consumers and small businesses. On the latest episode of the ABA Banking Journal Podcast — sponsored by Reich and Tang Deposit Solutions — ABA Economic Research Associate Hugo Dante talks about the outlook for CRE and its effects on lending. Among other topics, Dante covers:
- Delinquencies and current conditions across CRE sectors.
- The role of government support for multifamily CRE in stabilizing that sector.
- Which CRE sectors are most exposed to risk from COVID-19.
- Long-term effects on CRE appraisal values and investment from shifts to remote work.
If you can’t see the audio player above, click here to listen to this week’s episode.
This episode is sponsored by Reich and Tang Deposit Solutions.
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