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Congress working to expand rural credit access

ACRE Act would offer tax exemptions on farm real estate.

North carolinaUnited statesRandy feenstraRebeca romero raineyRomero raineyAmerican bankers associationCarolina bankers associationCommunity bankers of americaMeans committeeIowa banking associationWiley nickelRural economy actNorth carolina bankersCommunity bankersAmerica presidentHouse ways

Feenstra, Nickel Lead Legislation to Expand Access to Capital for Farmers and Rural Communities

Today, U.S. Reps. Randy Feenstra (R-IA) and Wiley Nickel (D-NC) introduced the Access to Credit for our Rural Economy (ACRE) Act of 2023, which would

United statesNorth carolinaPeter gwaltneyJohn sorensenRob nicholsRebeca romero raineyIowa bankers associationCarolina bankers associationAmerican bankers associationCommunity bankers of americaRandy feenstraWiley nickelRural economyCongressman feenstraIowa bankersAmerican bankers

Federal Reserve speakers due on Friday, 6 January 2023 - Cook, Bostic, Barkin, George

Federal Reserve speakers due on Friday, 6 January 2023 - Cook, Bostic, Barkin, George
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New yorkUnited statesNorth carolinaThomas barkinRaphael bosticEsther georgeLisa cookFederal reserve bankNc chamberEconomic forecast forumInternational bankingCentral exchangeAmerican finance associationNational association for business economicsAmerican economic associationCarolina bankers association

US and Canadian jobs data start the day; ISM services coming up later

Locked and loaded for another edition of non-farm payrolls

New yorkUnited statesNorth carolinaThomas barkinRaphael bosticEsther georgeLisa cookFederal reserve bankNc chamberEconomic forecast forumInternational bankingCentral exchangeAmerican finance associationNational association for business economicsAmerican economic associationCarolina bankers association

Open Mortgage Appoints 1st Chief Compliance Officer

Open Mortgage, a multi-channel mortgage lender, has appointed Andrea Easter to the newly created position of chief compliance officer (CCO). As the head of the Compliance Department, she will manage all risk-related functions within the company, including overseeing the development and implementation of policies and procedures regarding state and federal regulations and agency requirements. Easter will report directly to Open Mortgage President Joe Stephenson and will hold a fiduciary duty to the board of directors.

North carolinaUnited statesUniversity of north carolinaJoe stephensonAndrea easterScott harklessDaylight discount mortgage corpDeposit insurance corpCelebrity home loansCompliance departmentUniversity of north carolina wilmingtonConference of state bank supervisorsCarolina bankers associationOpen mortgageOpen mortgage president joe stephensonNorth carolina office