President's Message

Bank News

Community First Bank Celebrates Rebranding

INB Converts to First Interstate Bank

 

National Updates

Association: Existing Data Privacy Standards Should Inform Federal Privacy Framework: The ABA and several other associations provided feedback on the National Telecommunications Information Administration’s plan to develop a federal consumer data privacy framework.

Fed Bank Supervision Report Illustrates Industry Health: The Federal Reserve released a report last week on its regulatory and supervisory activities for banking companies demonstrating the health and soundness of the industry.

Easing Continues on Business, Residential Mortgage Loans Amid Softer Demand: In the third quarter, banks eased terms and standards for business loans, while tightening slightly on commercial real estate loans and easing in residential mortgage loans according to the Federal Reserve’s latest senior loan opinion survey.

ABA Proposes Solutions to Critical Issues with Deposit Recordkeeping Rule: The ABA recently sent a letter to the FDIC calling on the agency to address three critical issues related to the deposit recordkeeping final rule.

 

Members in the Community

Finally, a chance for us to shine a spotlight on the many contributions our members are making in their community:

1st Security Bank of Washington Hosts Annual Food Drive

KeyBank Donates $300,000 to Capitol Hill Housing

Heritage Bank’s Community Impact Officer Explains Why Corporate Responsibility Matters

Bank of the Pacific Partners with Capstone Physical Therapy for New Building

Pacific Crest Savings Bank Raises $11,000 for Clothes for Kids

HomeStreet Bank’s Kicks4Life Raises Money for March of Dimes

Commencement Bank Purchases 3,150 meals for Auburn Food Bank’s Backpack Program

 

WBA News

Registration is open for the Pacific Northwest Bank Leadership Symposium in Portland. This year’s Symposium will be held in Portland in December and features our annual BankPAC silent auction. I strongly encourage all CEOs, as well as bank directors, management and emerging leaders to consider attending, as there are sessions on the agenda designed specifically with you in mind.

We’re also accepting registrations for the 2019 Executive Development Program (limited space available) and the Enterprise Risk Management Development Program. These classes sell out quickly, so make sure to reserve your spot early.

If you have news or events to share, please do not hesitate to contact our office.

-Glen


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