Pub. 19 2024-2025 Issue 2

December Section 1071 Rules SeminarDecember 3Virtual Train the Bank Trainer ConferenceDecember 3-4Lincoln, NE Ag & Beyond WorkshopDecember 10Kearney, NE Ag & Beyond WorkshopDecember 11Norfolk, NE January Women Bank President/CEO RetreatJanuary 27-29Fort Myers, FL State Government Relations ForumJanuary 30Lincoln, NE February Operations ConferenceFebruary 4-5Lincoln, NE Mid-Winter IRA Essentials WorkshopFebruary 10-11Virtual CFO/Controllers ForumFebruary 12Lincoln, NE Mid-Winter Advanced […]

The last several years have been nothing but an ever-changing, dynamic environment for financial institutions to operate in. First, the pandemic induced the recession of 2020, followed by historic low interest rates across the entire yield curve. Second, the historically low interest environment quickly turned into the most aggressive tightening cycle from the Fed since the 1980s.

Growing up in a small town with four locally owned banks occupying the town square, you could always count on the bankers to lead and support local fundraisers, sports teams and community events.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) tracks, monitors and enforces economic and trade sanctions. To comply with an extension to the statute of limitations recently signed into law, OFAC recently proposed a significant update to its regulatory framework, introducing a requirement for banks and other financial institutions to maintain records for up to 10 years.

Since the time of President Lincoln, American consumers have benefited from a dual banking system, made up of both state-chartered institutions and federally chartered national banks.