To measure the giving spirit of the California banking community, the CBA recently conducted a Community Relations Survey to gauge member bank-sponsored community involvement throughout 2011.
A total of 53 CBA-member institutions responded to the survey, which CBA member banks reported annual contributions to charitable organizations in excess of $110 million. In 2011 alone, more than 19,000 organizations were the beneficiaries of donations by California banks.
The ABA has prepared and posted online a PowerPoint presentation and handouts to correspond with the association’s recently released Business of Banking guide.
The guide, which ABA distributed to all members of Congress in January, provides a foundation for understanding banking, its role in the economy, and how policy decisions affect customers and communities. The presentation makes it easy for bankers to share the guide’s key points with other audiences, including community groups and employees.
The California Bankers Association and Beacon Economics Release California Economic Impact Report
Study measures the significant benefits created by banks doing business in California
Sacramento, Calif. — The California Bankers Association (CBA), one of the largest state banking trade associations, and Beacon Economics have released a report, “The Economic Impact of Banks: Measuring the Benefits in California,” which examines the critical role banks play in supporting California’s economy and the communities where they do business.The report is authored by Chris Thornberg, Ph.D., founding partner, and Jordan Levine, economist and director of economic research, at Beacon Economics.
The California Bankers Association and Beacon Economics Release California Banking Industry Intelligence Report
Report focuses on California’s housing market recovery and analyzes state’s home foreclosure trends
Sacramento, Calif. — The California Bankers Association (CBA), one of the largest state banking trade associations, and Beacon Economics have released a fourth California banking report that examines important issues that currently affect California’s banks and the overall economy. The report is authored by Chris Thornberg, Ph.D., founding partner, and Jordan Levine, economist and director of economic research, at Beacon Economics.
CBA Highlights Partnerships Between Banks and Businesses in Providing Economic Opportunity in New Online Videos
The California Bankers Association is pleased to announce the availability of two news-style videos, available for viewing that visually demonstrate how banks are vital to the economy and supportive of their communities, and highlight partnerships between banks and their customers.
Scott Racusin currently serves as consultant for Wedbush Bank. He previously served as president, chief executive officer, and acting chair of the bank. He has been in the financial services industry for 39 years.Prior to joining Wedbush Bank in February 2007, he served as the EVP and manager of Advisory Services for Citizens Business Bank in Ontario, California. Prior to that, Racusin served in many banking capacities that include creating a private bank at Union Bank of California and chartering the first Office of the Comptroller Currency approved full-service internet bank, AeroBank.com in 1999.He began his career as a management trainee at Security Pacific National Bank in Los Angeles.
Tad Lowrey has held leadership positions as chairman, chief executive officer and chief financial officer for several publicly held financial institutions over four decades. He has led several banks as CEO, three resulting in successful sales to larger entities, after driving growth and value organically, through acquisitions, and in one case a successful IPO.
The California Bankers Association is pleased to announce the availability of resources designed to help communicate the positive role California banks play in our communities and the economic value we provide to the state.
We encourage you to browse these materials, which include a frequently asked questions document and two fact sheets: one outlining the basic elements of the recently enacted Homeowner Bill of Rights and a second piece describing how banks operate.
This two and a half-day program will provide in depth guidance on developing, implementing, and maintaining an effective Compliance Management System (CMS) that fits the Institution’s strategic plans and footprint.
Our new graduate compliance school is designed for compliance officers and managers with at least five years of experience. We’ll weave the board’s and management’s perspective into all aspects of the program and focus on the intricacies of managing the compliance function.