Congratulations, Director Michelle Hataway, on being confirmed as #TeamDED’s director today! @GovParsonMO says it best:
"We congratulate Michelle and look forward to all the great things she'll continue to achieve on behalf of our state." #HelpingMissouriansProsper
Thrilled to share that our priority bill to increase the MOBUCK$ cap is headed to @GovParsonMO!! This is a significant win for MO farmers & small business owners! Thanks Rep. Thompson & Sen. @SandyCrawford2 for your leadership in guiding this bill! 👏👏👏 #moleg@MOTreasurer
MBA Chairman Adrian Breen said Hawley's "misguided bill" is "bad federal policy that opens Pandora’s box on government intervention while having a devastating impact on the consumers he claims to be interested in helping." https://t.co/VipHQSt1PV @bankofmissouri@ABABankers
New letter from ABA and 51 state bankers associations expresses strong objections to the so-called “Credit Card Competition Act” which will harm community financial institutions and reduce access to credit. This bill is anti-consumer and anti-competitive.
https://t.co/g7ZY9MXgAf
Banking Leadership Missouri provides highly motivated bankers with a solid understanding of the industry & leadership skills that they can immediately put into practice. Great opportunity for emerging leaders in your banks! Applications due May 5. https://t.co/dZVPEspOkJ
MBA President @JacksonHataway said the “divide between the federal & the state perspective ... puts banks in a kind of tricky position.” MBA supports the federal Safe Banking Act, which would allow banks to do business within states that have legalized marijuana. @ABABankers
The depth and diversity of our banking system is a strength that adds to our economy. This #ABADataBank chart highlights the important role banks of all sizes play in terms of lending. Community, midsize, regional and large banks should all have the chance to compete and succeed.
It's important to note these are banks w extremely risky business models, one investing in a weakening tech industry and the other with deep ties to crypto currencies.
The American banking sector as a whole is strong and banks here in Missouri & across the country remain sound.
JUST IN: The Federal Reserve has announced it will launch the service FedNow in July, which will allow banks to instantly transfer payments across the financial system, per Reuters.
I want to express complete confidence in our banking and financial systems. My staff and I have spoken directly with all relevant regulators, the Missouri Bankers Association, local small and mid-size banks...
What’s great about #communitybanks is, if you have concerns, you will probably see the CEO at tonight’s basketball game or maybe at church tomorrow. Definitely at a community event next week. You might even have their cell & they’re happy to talk. #partners#giveusacall#svb
Silicon Valley Bank had a $417 million profit in the 4th quarter which they reported on in January. Fear mongering caused a classic bank run unique to them. Remain calm. My firm banks at a community bank. Not a big bank. We have zero concern. #ICBALive#Banking
To all the people thinking of switching to a big 4 bank, community banks fund 60-70% of all small biz in this country. They make loans that large banks wouldn’t do. You are just a number to them and if you don’t fit in their box, you don’t get that loan. There are ways to protect larger deposits at smaller banks.