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November 29, 2012
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News for the retail banking industry

  Top Story 
  • Bold moves garner award for CBA Board Member Cathy Nash
    Citizens Republic CEO Cathy Nash says she's always believed that having a good relationship with employees is critical. Named community banker of the year by American Banker, she's cited for her enduring commitment to workers, in addition to bold moves that improved the bank's bottom line while dealing with bad loans. Nash says she told employees when she got the CEO job in 2009 that she couldn't do her job "without you guys, so let's do this together." AmericanBanker.com (free registration) (12/1) LinkedInFacebookTwitterEmail this Story
  The CFPB Today 
  Industry News 
  • Report casts doubts on M&A wave in 2013
    Fifty-seven percent of bank executives say they plan to make some kind of acquisition in 2013, but 89% say they have no intention of selling, finds a survey by Bank Director and Crowe Horwath. "I think people aren't as interested in selling as the pundits would say," said Rick Childs, director at Crowe Horwath. "Yes, regulation is depressing, and banking is not as fun [as it used to be]. But I think these people are still committed to independence." American City Business Journals/Washington, D.C./WBJ BizBeat blog (11/28) LinkedInFacebookTwitterEmail this Story
  • Analysis: Why student-loan defaults are rising
    More borrowers are defaulting on student-loan debt in part because the federal government doesn't make loans based on the ability to repay, writes Bloomberg economics editor Peter Coy. Other factors are that many borrowers don't understand they have options for avoiding default and its harsh consequences, and many young people are struggling to find jobs. Bloomberg Businessweek (11/28) LinkedInFacebookTwitterEmail this Story
  Legislative Affairs 
  • Boehner: Taxing top wage earners more will hurt small businesses
    Small businesses would suffer if the tax rate were raised on those earning more than $250,000 since "half of those people are small-business owners that pay their taxes through their personal income tax filing every year," said House Speaker John Boehner, R-Ohio. Boehner and other Republican leaders say they won't support extending Bush-era tax rates for the middle class without doing the same for top wage earners. The Hill/On the Money blog (11/28) LinkedInFacebookTwitterEmail this Story
  Technology Today 
  • BBVA Compass completes app picture with Kindle, Windows Phone
    BBVA Compass bank has extended its application presence beyond the usual Apple, BlackBerry and Android devices with Kindle Fire and Windows Phone versions. The app allows for account initiations, provides the typical online banking functions as well as directions to the nearest ATM, and includes a dashboard for visualizing investments. MobileCommerceDaily.com (11/27) LinkedInFacebookTwitterEmail this Story
  Members in the News 
  Career Development 
  • How leaders can overcome their fears
    Many bosses have fears that hold them back, writes Mary Jo Asmus. Overcoming them requires having a clear moral compass and using that conviction to work past jitters. "If you are a leader who has a solid value system in place ... fear becomes a non-issue," Asmus writes. Aspire-CS.com (11/26) LinkedInFacebookTwitterEmail this Story
  CBA Connect 
  • CBA LIVE 2013: The Future of Money
      
    Are you ready for the Future of Money? CBA LIVE 2013, March 11-13 in Phoenix, Ariz., will bring together the top executives in retail banking to learn, exchange ideas and identify solutions to the challenges facing our industry. Our 2012 event was a record-breaking success with more than 1,000 banking leaders in attendance! Now in its fourth year, CBA LIVE features expert panels and distinguished speakers across nine forums of tailored programming. Reserve your space today and join us for this must-attend event. LinkedInFacebookTwitterEmail this Story

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  SmartQuote 
We acquire the strength we have overcome."
--Ralph Waldo Emerson,
American writer


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