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WBA E-Publications


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Banker News
  
Court dispute between Guaranty Bank, Lehman Brothers moves to New York
WBA Banker News Clips for May 27, 2016
Concluding that federal court in New York - not Milwaukee - is the best place to resolve a dispute between Glendale's Guaranty Bank and the Wall Street firm Lehman Brothers Holdings Inc., a U.S. judge has dismissed a lawsuit filed here by the...

Schaefer to resign as CEO of Citizens Community Federal Bank
WBA Banker News Clips for May 26, 2016
Eau Claire-area lender Citizens Community Federal Bank is looking for a new chief executive. Edward H. Schaefer, who has led the bank and its parent company, Citizens Community Bancorp Inc., for the last seven years, told the board of directors...

Compliance Journal
May 2016
Read “Special Focus” for an article regarding recent changes to Wisconsin’s foreclosure and abandoned property laws. Next, turn to “Judicial Spotlight” for an article on a federal court’s approval of a Wisconsin bank’s practice to take and...

Summer Fun that won't Break the Bank
WBA Consumer Column for May 26, 2016
The weather's hot and humid, school is out (or nearly), and you need to plan something fun for the whole family this summer! However, keeping everyone entertained can put a strain on your wallet. Water park excursions, cook-outs and Fourth of...

Mackinac Financial Corporation to Acquire Niagara Bancorporation
WBA Banker News Clips for May 25, 2016
Mackinac Financial Corporation, the holding company for mBank, and Niagara Bancorporation, the holding company for First National Bank of Niagara announced an agreement for Mackinac to acquire Niagara in an all cash transaction for a fixed...

Wisconsin Home sales, values continue climbing in tightening real estate market
WBA Banker News Clips for May 24, 2016
Wisconsin's housing market notched another strong month in April, with both sales and median prices of existing homes well above last spring...

WBA Executive Briefing: New DOL Overtime Rules
WBA Executive Letter May 24, 2016
On May 18, 2016, the Department of Labor announced final changes to the overtime rules. Among other things, these rules increase the minimum salary for the "white collar" overtime exemptions to $47,476, and include an automatic update to this...

Madison-area banks see highest ratings in years
WBA Banker News Clips for May 23, 2016
Customers looking for a Madison-area bank that appears to be on solid financial footing have plenty of choices. The grades local banks are getting from an independent bank rating service, Bauer Financial Services, are the highest they’ve been in...

Congress to consider dramatic overhaul of credit reporting
WBA Banker News Clips for May 20, 2016
The way consumers’ credit data is reported, recorded, and used by the nation’s credit reporting agencies could dramatically change, if a newly introduced bill makes its way through Congress...

Highlighting ‘predatory’ payday loans in Wisconsin
WBA Banker News Clips for May 19, 2016
Faith groups and low-income advocates are shining light on the payday loan industry in Wisconsin and elsewhere. In advance of CFPB’s expected presentation of a new administrative rule that could rein in high-interest lenders and encourage more...

Millions more workers would be eligible for overtime pay under new federal rule
WBA Banker News Clips for May 18, 2016
The Obama administration will release a final rule Wednesday doubling the salary level used to determine whether employees are exempt from overtime pay....

Landmark Climbs to $3B on Backs of Taxpayers
WBA Executive Letter May 17, 2016
Landmark Credit Union is now the third-largest financial institution based in Wisconsin, climbing on the backs of taxpayers. In a press release, WBA highlighted how Landmark has abandoned its congressionally mandated mission of serving consumers...

PyraMax Bank adds ninth branch in Grafton
WBA Banker News Clips for May 17, 2016
PyraMax Bank is entering the Grafton market. This summer, the Greenfield-based community bank is opening its ninth branch in downtown Grafton at 1150 Washington St...

Wisconsin financial regulator appoints top banking, securities chiefs
WBA Banker News Clips for May 16, 2016
Wisconsin's financial regulatory agency has named two new top administrators, one to regulate banking and the other to oversee securities...

Taxpayers Carry Landmark Credit Union to $3 Billion
WBA Press Release for May 13, 2016
Landmark Credit Union is now the third-largest financial institution based in Wisconsin, climbing on the backs of taxpayers. The New Berlin-based credit union crossed the $3 billion-asset threshold at the close of the first quarter this year...

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