By: Stephen Clinton, President, Capital Market Securities, Inc. Market Update The U.S. has entered the ninth year of economic expansion. While the growth has not been spectacular, it has been steady. GDP expanded at a 2.6% annual rate in the second quarter. The GDP growth in the current recovery has averaged 2.1%. This compares to...
By: Mike Detrow, CISSP, Senior Consultant and Manager of IT At small community banks, the IT Manager role was once, and in some cases still is, one of many hats worn by the President or CFO. However, this role is quickly evolving into a nearly full-time position even at smaller community banks. There are a...
By: Gary J. Young, Founder and CEO The most critical component of every strategic plan is a thorough understanding of your position on capital adequacy and your target for capital. They are not the same. The Regulator View of Capital As community bankers, we have all heard the mantra that we need to increase capital....
By: Bill Elliott, CRCM, Senior Consultant and Manager of Compliance and Adam Witmer, CRCM, Senior Consultant Beginning in 2018, you will be faced with two major changes to Home Mortgage Disclosure Act (Regulation C 12 CFR § 1003). They are: Changes to the existing rules Addition of new rules While the new rules will be...
Young & Associates, Inc. is pleased to announce that Mary Green, Consultant, has earned the industry designation of Certified AML and Fraud Professional (CAFP) by the Institute of Certified Bankers, a subsidiary of the American Bankers Association (ABA). This certification demonstrates the ability to detect, prevent, monitor, and report current and emerging money laundering and...
By: David Dalessandro, Senior Consultant In the summer of 1987, the savings and loan I was working for at the time sent me to a “cash flow” seminar in Norman, OK. I had graduated from Penn State a few years before and had recently accepted my first of what would prove to be many positions...
