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ABA Banking Journal Podcast

Business & Economics Podcasts

Bank executive insights, unique business strategies, regulatory updates from D.C., and fun banking stories—all this and more on the ABA Banking Journal Podcast, brought to you weekly by the American Bankers Association's award-winning podcast team.

Bank executive insights, unique business strategies, regulatory updates from D.C., and fun banking stories—all this and more on the ABA Banking Journal Podcast, brought to you weekly by the American Bankers Association's award-winning podcast team.

Location:

United States

Description:

Bank executive insights, unique business strategies, regulatory updates from D.C., and fun banking stories—all this and more on the ABA Banking Journal Podcast, brought to you weekly by the American Bankers Association's award-winning podcast team.

Language:

English


Episodes

Giving Thanks for Banks in Their Communities

11/18/2020
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA’s 2020 Community Commitment Awards. Each interview explores the winning program or initiative at each bank and provides insights on how they might be implemented or adapted at other banks. These stories present the perfect inspiration as we prepare for the season of thanks and giving. The full episode presents excerpts from each interview. To listen to the full...

Duration:00:20:44

‘Banking Is Not a Commodity. It’s a Necessity’

11/11/2020
For many small businesses, whose owners spend on consumer credit cards and put up personal assets as collateral, the distinction between retail and business banking is blurry. Detra Miller, a veteran of M&T Bank’s retail side, noticed this when working with female and non-white entrepreneurs. On the ABA Banking Journal Podcast’s latest episode, Miller discusses how she pitched M&T Bank on creating a team focused on outreach to minority-owned and women-owned businesses in the...

Duration:00:25:20

Believing in What Banking Can Do

11/4/2020
After a long career as a commercial banker in St. Louis, more than a decade ago Alex Fennoy joined Midwest BankCentre. He helped transform the community bank into one that has won awards—including a 2019 ABA Foundation Community Commitment Award—for its responsiveness to local needs. This year, he was a co-winner of the George Bailey Distinguished Service Award, ABA’s highest individual honor. On the ABA Banking Journal Podcast, Fennoy shares his own career story and discusses how he and...

Duration:00:48:14

‘Folks Who Are Low-Wealth Also Need Wealth Advisers’

10/28/2020
Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so that’s what Southern Bancorp focuses on in its home Mississippi and Arkansas Delta region, one of the nation’s poorest. On the ABA Banking Journal Podcast, Southern CEO Darrin Williams talks about the bank’s high-touch focus on pairing in-depth financial counseling with a Bank On-certified checkless checking account to help reach the unbanked in the Delta. Williams...

Duration:00:19:59

With New Justice Barrett, Key Banking-Related Cases Before the Supreme Court

10/26/2020
October brings a new Supreme Court term, but October 2020 has not brought only a new term but also a new justice — the third new justice to join the high court in less than four years. On this bonus episode of the ABA Banking Journal Podcast, veteran Supreme Court litigators Sarah Harris, Amy Mason Saharia and Ryan Scarborough join ABA General Counsel Dawn Causey to discuss: Collins v. Mnuchin Facebook v. Duguid Click here for an extended version of this episode, which covers Supreme Court...

Duration:00:27:08

Behind the Scenes with a ‘Bank On’ Product

10/21/2020
While the FDIC’s latest figures on unbanked Americans show improvement between 2017 and 2019, the headline numbers mask the fact that some demographic categories face substantial disparities in access to mainstream finance. To address this gap, ABA recently encouraged all banks to offer Bank On-certified accounts — safe and affordable transaction accounts designed to meet the needs of unbanked Americans currently offered by 43 banks. On the latest episode of the ABA Banking Journal Podcast,...

Duration:00:25:26

Building Financial Confidence Through Emergency Savings

10/14/2020
A bank account isn’t just dollars and cents on a balance sheet. For bank customers, what’s in (or isn’t in) a bank account can be a source of anxiety. By contrast, says Brian N. Ford, head of financial wellness at Truist Bank, “our research shows that when you have a fully funded account and it’s in the right place, a tremendous amount of confidence will come into your life, regardless of if an emergency ever happens to you in the future.” On the latest episode of the ABA Banking Journal...

Duration:00:18:48

Plotting the Future Path of the CRE Sector

9/30/2020
Commercial real estate has faced substantial headwinds from stay-at-home orders and changing consumer behavior, and in many cases CRE has not received the same level of support available to consumers and small businesses. On the latest episode of the ABA Banking Journal Podcast — sponsored by Reich and Tang Deposit Solutions — ABA Economic Research Associate Hugo Dante talks about the outlook for CRE and its effects on lending. Among other topics, Dante covers: If you can’t see the audio...

Duration:00:16:50

Prodding Class Action Attorneys to Deliver More for Consumers

9/23/2020
What happens when a Subway foot-long sandwich is only 11 inches long? There’s a class action lawsuit for that. In recent years, high-profile class action settlements have been criticized for delivering little to no monetary relief to plaintiffs — instead, providing coupons, injunctive relief or “cy pres” relief in which the defendant makes charitable donations — while making large fee awards to attorneys. On the latest episode of the ABA Banking Journal Podcast — sponsored by Reich and Tang...

Duration:00:24:49

Fighting Phishing with #BanksNeverAskThat

9/21/2020
With Cybersecurity Awareness Month coming up in October, ABA and banks nationwide are preparing to launch the largest consumer education campaign in ABA’s history: #BanksNeverAskThat. On a bonus episode of the ABA Banking Journal Podcast — sponsored by Reich and Tang Deposit Solutions — ABA’s Paul Benda discusses the growing need for anti-phishing education, with phishing attempts up as much as 500% since the coronavirus pandemic began. ABA’s Caitlin Croswell discusses the...

Duration:00:10:57

Five Community Bank Core Provider Strategies

9/16/2020
Community and midsize banks aren’t one-size-fits-all, and neither are the strategies they can adopt for their core processing needs. On the ABA Banking Journal Podcast — sponsored by Reich and Tang Deposit Solutions — two community bank CIOs describe five strategies banks can pursue, from the familiar one-stop-shop model to options like headless cores, best-in-breed and “sidecar” cores. D.J. Seeterlin of Chesapeake Bank and Jaime Manriquez of Santa Cruz County Bank — both members of ABA’s...

Duration:00:25:53

Giving Emerging Community Bank Talent ‘Opportunities to Shine’

9/9/2020
The fourth season of the ABA Banking Journal Podcast — sponsored by Reich and Tang Deposit Solutions — kicks off with Minnesota community banker Andy Schornack. On the younger side for a bank president and CEO, Schornack discusses his career trajectory, what excites him about banking and what he is doing at Flagship Bank and Security Bank and Trust to expand the leadership pipeline to give younger bankers “opportunities to shine” and build their management chops. “We’ve acquired banks,...

Duration:00:23:51

Coaching Business Clients Through the COVID Crisis

7/29/2020
Beyond the immediate changes required by social distancing, the COVID-19 pandemic has “accelerated things that were in progress for a long time,” says Frank Sorrentino, chairman and CEO of ConnectOne Bank. The economic and social changes being wrought by the coronavirus make it “incumbent on us as bankers to have those conversations . . . to bring that advice to your clients.” For example, Sorrentino had a restaurant owner who came in panicked about the future. When ConnectOne Bank staff...

Duration:00:22:08

How Banks Can Manage Risks of Coronavirus Aerosolization

7/22/2020
With the World Health Organization’s recent recognition of evidence that the novel coronavirus can be aerosolized in particles that remain in the air for long periods over long distances, how do banks need to adjust their COVID-19 risk mitigation procedures? Aerosolization is a different mode of transmission than the large droplets formed when, say, an infectious person sneezes, and the distance that aerosolized particles can travel make social distancing alone insufficient to prevent...

Duration:00:10:14

How Digital Banking Transformation Paid Off in the Pandemic

7/16/2020
When COVID-19 accelerated customer movement into mobile and online banking solutions — and triggered consumers to push their funds into bank accounts — banks that had made investments in the digital customer experience were positioned to capitalize. On the latest episode of the ABA Banking Journal Podcast, Radius Bank President and CEO Mike Butler discusses the branchless bank’s fintech-forward strategy and how it helped the bank double account openings in the post-pandemic environment, a...

Duration:00:25:40

Healing ‘Pain Points’ for Multigenerational Family Businesses

7/8/2020
Wendy Cai-Lee leads one of the latest crop of U.S. de novo banks: Piermont Bank, opened to address “pain points” faced by middle-market businesses. Often privately owned and multigenerational family-operated, these businesses have complex financial needs based on the intertwining of ancillary businesses and commercial real estate ownership, combined with unique personal banking and wealth management concerns for the business owners. On the latest episode of the ABA Banking Journal Podcast,...

Duration:00:20:30

A Trans-Pacific Banking Perspective

7/1/2020
Based in San Francisco and leading California’s market for the Bank of Guam, plus currently serving as chairman of the Western Bankers Association, Dave Joves shares a trans-Pacific view of banking on the latest episode of the ABA Banking Journal Podcast. In this episode, Joves discusses:

Duration:00:18:25

The OCC Innovation Agenda with Acting Comptroller Brian Brooks

6/24/2020
The OCC is planning to unveil what Acting Comptroller Brian Brooks called “payments charter 1.0” as soon as this fall, Brooks said on the latest episode of the ABA Banking Journal Podcast, sponsored by Jack Henry. Version 1.0 would be a “national version of a state money transmission license” offering nonbank payment providers a “national platform with preemption,” but not access to the Federal Reserve’s payments system. After about 18 months of operating under version 1.0, Brooks said, the...

Duration:00:25:55

Minority Banks and Financial Inclusion

6/17/2020
First Independence Bank was founded 50 years ago to help rebuild Detroit’s economy in the wake of damaging urban violence. Today, in a new era of economic hardship due to the coronavirus pandemic, and protests and unrest in response to incidents of racial injustice, minority depository institutions continue to have a unique role in serving distressed communities. On the latest episode of the ABA Banking Journal Podcast — sponsored by Jack Henry — First Independence Chairman and CEO Kenneth...

Duration:00:31:36

All Hands on Deck to Deliver PPP Funds

6/10/2020
In a matter of days, bankers rallied to deliver hundreds of billions of dollars in loans to support Americans’ jobs amid the coronavirus pandemic. The stakes: the survival of the small business economy on which every bank and community relies. Thanks to sponsor Jack Henry, we present the first episode of “We Were Economic First Responders,” a new podcast series from the American Bankers Association. Bankers tell the story of how they geared up to make Paycheck Protection Program loans,...

Duration:00:15:16