Who will replace Esther George at the Kansas City Fed? Plus tech upskilling
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
The clock is ticking on the Kansas City Fed's presidential search: Esther George, the president of the Federal Reserve Bank of Kansas City , is retiring later this month. What's taking the bank so long to find a successor?
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Here's more of what we're covering today in banking, credit unions, fintech, payments and regulation:
'Mom and pop' credit unions are losing the tech race — and members: Smaller credit unions' focus on interest rates and service may not be enough to overcome a lack of tech resources. All categories below $1 billion of assets lost members in the third quarter compared to a year earlier, despite a 4.4% rise in membership industrywide.
Are you a dynamic, up-and-coming young woman at a credit union, or do you work with someone who is? Learn how to apply for The Most Powerful Women in Credit Unions: Next. This list recognizes high-achieving women, aged 40 and younger, in the pipeline to the C-suite.
Wells Fargo, Truist turn to upskilling to gain cloud, programming expertise: Big banks like 富国银行 and Truist are aiming to bring their existing technologists up to speed with cloud certification and other modern architecture training.
CEO of Independent Bank Corp. to retire after 20-year term: Christopher Oddleifson plans to step down from Rockland Trust in February. The company named Jeffrey Tengel , most recently an executive at M&T Bank , as successor.
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