May 2024

In late 2020, a small New Jersey medical practice experienced a data breach that exposed health info and social security numbers of 1,600 patients. The breach was caused by a server misconfiguration during a software update by the practice owner. The error allowed public access to sensitive patient information on a file transfer site without

In a famous 1993 “Seinfeld” episode, the character George Costanza faces an awkward moment in which a fellow party guest accuses him of “double-dipping” a chip. While the act of double-dipping in this instance is a flagrant transgression, there are situations in which double-dipping can represent a strong benefit to both communities and balance sheets!

Young & Associates provides banks and thrifts with support for their compliance programs, independent reviews and in-bank training, as well as a full menu of management consulting, loan review, IT consulting and policy systems. RESPA. Q: We are acquiring a bank at the end of May. This is my first time going through a merger.

Several thousand delegates from all over the nation gathered at the Orlando World Center Marriott in Orlando, Florida, during the second week of March to celebrate community banking at the 2024 ICBA National Convention. Approximately 20 Montana bankers and spouses traded a rather mild Montana winter for a warm tropical sun in order to take

SBA 504 in 2024! This has a nice ring to it. At Big Sky Finance, we believe there are great opportunities to make 2024 the year of the 504 for our small business borrowers. 2023 was a tumultuous year for interest rates and commercial real estate financing in general. The SBA 504 Loan program is

KISS in this column does not refer to the pancake-makeup-wearing, androgynous rock ‘n’ roll band from the 1970s. I’m pleased to report it’s the acronym for “Keep It Simple, Stupid.” I mean no disrespect to the readers; in fact, it’s a compliment to community bank bond buyers, who once again have demonstrated their inclination to

I am an avid motorcyclist. In fact, I have completed two Iron Butt rides, riding at least 1,000 miles in 24 hours. Doing something like that takes passion, resilience, tenacity and strength of will, but it’s also a lot of fun. And as I assume the role of ICBA chairman, it strikes me that these

As we wrap up Community Banking Month, I am thrilled to honor the ways community banks step up to champion the needs of their communities. Whether it’s through personal interactions or modern-day conveniences, community banks hit that sweet spot where relationships meet today’s technology to provide unparalleled support to the customers and communities they serve.