IIBAT is on the ground in Washington, D.C., for the ICBA Capital Summit, advocating for Texas community banks and the community banking industry as a whole.
What a great week for #communitybank advocacy! It was an honor to join over 170 Texas community bankers and advocates on Capitol Hill representing the @myibat Independent Bankers Association of Texas this past week. Community bank deposits make small business loans that fuel the US economy - one #MainStreet at a time! @IBAT_CLW@charlesepotts
Great to welcome South Texans (Ricky Leal from Harlingen & Brad and Connie Womack of Kingsville) and others from the Independent Bankers Association of Texas (IBAT) to our nation's capital.
Representing over 300 banks with 3,000 branches statewide, IBAT commits to safe and responsible lending that helps small business grow, families own their first home, and farmers feed America. I look forward to our continued partnership to strengthen South Texas!
Big move from @myibat today 🚀
We're forming a community bank consortium to launch a tokenized deposit network using blockchain.
✅Faster, secure settlements
✅Stablecoin adoption framework
✅Open call for tech partners!
📄 Full release: https://t.co/jBq9m5vxBE
Last week, 140 Texans stepped up to take the voice of community banking to Capitol Hill. In total, IBAT members met with 30 members or staff of the Texas Congressional delegation.
Thank you, @myibat and First Commercial Bank in Seguin, for visiting. Community banks drive economic growth, and I look forward to supporting deregulation and increasing access to capital.
I enjoyed speaking with the leaders of @myibat to discuss how we can best support our community banks, create a more friendly regulatory environment & bolster the Lone Star State’s booming economy.
The week began with bond and stock prices wandering around looking for direction. Kind of like the rest of us. Read more about this week’s economic data from The Baker Group.
https://t.co/HDyGXfP7UA
Earlier this week, investors were greeted by a little bit of good news (Housing Market Index) and a little bit of not-so-good news (Empire Manufacturing Index). Learn more about this week’s economic activity from The Baker Group.
https://t.co/Wf2FFSgjEx
Investors are looking at a data-rich week, but that data may have less influence on market behavior than the direction taken by the uncertainty of other variables. Read about what this week’s economic reports and data mean from The Baker Group. https://t.co/ZzexNDMn9J
No shortage of guess work for this week’s big news—tomorrow’s Unemployment Report. Read more about this week’s economic activity from The Baker Group. https://t.co/eitq5QFx45
School systems have come under increased scrutiny recently with varying plans to deal with COVID-19. A new study of ‘2020’s States with the Best & Worst School Systems’ finds Texas ranks close to the middle at No. 28.
https://t.co/9apqZDCoZH
The bumpy road to reopening continues and macro data is catching up with those efforts. Read more about this week’s economic activity from The Baker Group.
https://t.co/UbxMQRWADr
According to a new study, Texas ranks right in the middle of states (No. 26) where unemployment claims are recovering the quickest.
https://t.co/p7QYOhJiT9
It’s the doldrums for data this week and investors may need to look at less quantifiable variables for uplifting news. These include positive results on vaccine studies and soon-to-be-fulfilled hopes of more economic stimulus.
https://t.co/NbTme2pf1n
Beware of fraudsters! IBAT’s Karen Neeley discusses the most common financial services fraud schemes happening now in the Compliance Pathways weekly newsletter.
https://t.co/d2FkYMam4m