Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Bankers Upset Over FDIC Assessment
Posted on March 18th, 2009 No commentsIt is easy to understand why community bankers are so upset by the special assessment the FDIC has proposed to restore the Deposit Insurance Fund. Whether the assessment is 20 basis points or 10, it will be a major hit to earnings. Many community bankers feel they are being asked to clean up a problem they didn’t create, writes NorthWestern Financial Review Editor Tom Bengtson. Read more on the NFR blog.
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Associated’s Binder Named to ABA Board
Posted on March 18th, 2009 No commentsAssociated Banc-Corp President Lisa B. Binder has been elected to a one-year term on the board of the American Bankers Association, the banking industry’s largest trade group, the Milwaukee Journal Sentinel reported. James McKenna, chief executive of Brookfield’s North Shore Bank, also serves on the ABA board.