President's Message

Bank News

American Banker: Banks Won’t Be Able to Remain on Sidelines of Privacy Debate

Considering a State Bank for Local Governments

Kitsap Bank Promotes Becky Thompson

First Federal Bainbridge Island Branch Earns Chamber of Commerce Award

Kitsap Bank Promotes Jennifer Gelsleichter

First Financial Northwest Bank Celebrates Kent Branch Opening

Baker Boyer Bank Breaks Ground on New Yakima Facility

                                                                  

National Updates

OCC Notifies Banks of Key HMDA Data Fields: In early March, the OCC issued a bulletin informing national banks, federal savings associations and federal branches and agencies about the key data fields the OCC has determined examiners will use to test and validate the accuracy and reliability of HMDA data.

Bipartisan Cannabis Banking Bill Introduced: Reps. Ed Perlmutter (D-Colo.), Denny Heck (D-Wash.), Steve Stivers (R-Ohio) and Warren Davidson (R-Ohio) introduced a bipartisan bill that addresses the gap between state and federal laws which inhibits most banks from serving cannabis businesses.

ABA’s Rob Nichol’s Op-Ed: End the Cannabis Banking Problem: In a new op-ed published by The Hill in Washington D.C., ABA President & CEO Rob Nichols called on Congress to end the cannabis banking problem.

Luetkemeyer Op-Ed – CECL Spells Trouble for Small Banks, Customers: In a new op-ed in American Banker, Rep. Blain Luetkemeyer (R-Mo.) said that CECL will have negative consequences for community banks and consumers if implementation moves forward.

 

Members in the Community

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

Bank of America Celebrates BankWork$ Graduates

Peoples Bank Commercial Banking Officer Helps Find Whatcom Dispute Resolution Center a New Home

City University of Seattle Offers Accelerated Pathway for Banking Employees to Earn Business Degree

 

WBA News

Registration is now open for our spring conferences, including the Senior Credit Conference, the Education/HR Conference and Northwest Agriculture Conference. Each event was created with the help of bankers to ensure topics are timely and beneficial.

We are also accepting registrations for the spring sessions of the Management Development Program, Credit Analyst Development Program and the Agricultural Lending Development Program. These programs are purposely kept small to maximize student’s time with instructors, so make sure to register early.

Registration is also open for the 2019 WBA Convention, July 10-12 at Suncadia Resort in Cle Elum.

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

-Glen