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Banker News
  
Dodd-Frank Act Assessed on Four-Year Anniversary
WBA Executive Letter July 22, 2014
Two industry analyst think-tanks celebrated the Dodd-Frank Act’s fourth anniversary on July 21 by releasing their assessments and recommendations. The Bipartisan Policy Center offered 10 recommended...

Home sales in Wisconsin rose 4.5% in June; prices steady
WBA Banker News Clips for July 22, 2014
Sales of existing homes in Wisconsin increased 4.5% in June, marking the first time in 2014 that monthly sales topped last year's total. Meanwhile, the June median sale price was stable, rising 0.6% to $159,900. Through the first six months of...

Export-Import Bank helps Wisconsin businesses create jobs
WBA Banker News Clips for July 21, 2014
If world markets really worked the way Rep. Paul Ryan wishes they did, he'd be right about the need to eliminate what he calls a "strange collusion of big business and big government," an obscure little federal agency called the Export-Import...

Bank Mutual eyes acquisitions, reports jump in profits
WBA Banker News Clips for July 18, 2014
Bank Mutual Corp. CEO David Baumgarten is looking to diversify offerings at the Brown Deer-based thrift, which means potential acquisitions. Quarterly profits climbed 35 percent in the latest earnings report from the company. Parent company Bank...

Back to School Savings Tips
WBA Consumer Column for July 17, 2014
Summer may be in full swing, but fall will be here before you know it. That means back to school shopping is on its way. Have you budgeted for school supplies and new clothes yet? Here are a few tips to keep your back to school shopping from...

Home builders' confidence surges thanks to better jobs market
WBA Banker News Clips for July 17, 2014
Home builders' confidence in the housing market surged in July, thanks in part to robust jobs growth in June. The National Association of Home Builders/Wells Fargo Housing Market Index gained four points in July, hitting 53. That's the first...

Metro area home sales slowed in first half of 2014
WBA Banker News Clips for July 16, 2014
The metro Milwaukee housing market slowed during the first half of 2014, a report released Tuesday shows. Sales of existing homes dropped 7.3% in the first six months of the year in Milwaukee...

Wisconsin Supreme Court Upholds Doctrine of Equitable Assignment of Mortgage
WBA Executive Letter July 15, 2014
The Wisconsin Supreme Court has upheld the longstanding doctrine of equitable assignment, which provides that a mortgage which secures a note automatically follows the note when the note is transferred. The WBA appeared as an amicus by...

Walker: Election will be tight
WBA Banker News Clips for July 15, 2014
Gov. Scott Walker says he looks at Racine County as one of a few bellwethers for how a statewide election will turn out. Speaking to dozens of supporters crammed inside the Racine County Republican Party field office on July 14, Walker urged...

Ex-Im Bank critics not looking out for Wisconsin
WBA Banker News Clips for July 14, 2014
There are nearly 200 companies in Wisconsin that have relied on the U.S. Export-Import Bank to sell their products overseas. The majority of those companies are small businesses. Some would have you ignore these companies and their workers as...

Wisconsin Supreme Court Upholds Doctrine of Equitable Assignment of Mortgage
WBA Banker News Clips for July 11, 2014
The Wisconsin Supreme Court has upheld the longstanding doctrine of equitable assignment, which provides that a mortgage which secures a note automatically follows the note when the note is transferred. The WBA appeared as an amicus by...

Foreclosures recede to pre-crisis level for first time
WBA Banker News Clips for July 10, 2014
Foreclosure filings in southeastern Wisconsin finally are back to where they were before the mortgage crisis plunged the nation into a deep recession and financial turmoil.

Bankers expect tepid loan demand in second half of year
WBA Banker News Clips for July 9, 2014
As the second half of the year begins, bankers don't have the rosiest outlook on the state's economy. In a recent survey by the Wisconsin Bankers Association, 62.4 percent of respondents said the current health of the Wisconsin economy is fair....

InvestorsBank being purchased by American Bank of Fond du Lac
WBA Banker News Clips for July 8, 2014
InvestorsBank of Waukesha has agreed to be purchased by American Bank, a Fond du Lac-based bank. InvestorsBank will operate under the American Bank name after the acquisition wins regulatory approval, expected later this year. The combined...

FDIC Chairman and Rep. Duffy Meet with Bankers in Wausau
WBA Executive Letter July 8, 2014
“Our banks are well positioned to lend, the key will be seeing a pickup in demand for credit,” said FDIC Chairman Martin Gruenberg yesterday during a meeting at River Valley Bank, Wausau with Wisconsin...

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