Independent Banker - February 2022 - 11
NEWS
Regulator rejects credit union acquisition of community bank
A Nebraska banking regulatory
agency blocked a credit union
purchase of a community bank,
furthering an industry dialogue on the
merits of tax-exempt entities' pursuit
of taxpaying community banks.
Under its ruling, the Nebraska
Department of Banking and Finance
rejected the request by $7.9 billionasset
GreenState Credit Union,
which is based in North Liberty,
Iowa, to purchase Premier Bank in
Omaha, Neb., valued at $395 million.
The state agency based its ruling on
two factors:
1. Cross-industry acquisitions or
mergers may only be carried out
by chartered financial institutions
licensed to do business in
Nebraska, which GreenState is not.
2. Premier Bank did not demonstrate,
under federal law, that it would
have sold the entirety of its assets
as part of the proposed sale, which
would have ended the business of
banking, not continue it.
The application denial dovetails with
ICBA's long-standing position against
attempts by tax-exempt credit unions
to acquire taxpaying community
banks. ICBA has called on Congress to
investigate such proposals in addition
to how credit unions are taxed and
regulated by the government.
Though GreenState was granted
30 days to appeal the decision, the
credit union, among others, has
been successful in its purchase of
other community banks.
QUICK STAT
15
Number of community
banks acquired by credit
unions in 2020
Source: ICBA analysis of Standard & Poor's data
HELPING BA NKERS
sleep
soundly
FOR 25 YEARS
REST EASIER with the Square 1 Credit Suite, a full-cycle
solution for commercial loan origination and management
that delivers:
1 streamlined credit origination and renewals,
1 less redundant data entry (less chance of error),
1 centralized data for better team collaboration,
1 higher commercial portfolio credit quality,
1 all leading to higher ROA results.
Commercial loan management expertise and systems
established by Bankers in 1996.
SCHEDULE A DEMO TODAY.
Ross Nichol | rnichol@suntell.com | 888.848.7349 EXT 252, or
Victor White | vwhite@suntell.com | 888.848.7349 EXT 210
Credit Risk Management From Every Angle
suntell.com
http://www.suntell.com
Independent Banker - February 2022
Table of Contents for the Digital Edition of Independent Banker - February 2022
Table of Contents
Independent Banker - February 2022 - Intro
Independent Banker - February 2022 - Cover1
Independent Banker - February 2022 - Cover2
Independent Banker - February 2022 - Table of Contents
Independent Banker - February 2022 - 2
Independent Banker - February 2022 - 3
Independent Banker - February 2022 - 4
Independent Banker - February 2022 - 5
Independent Banker - February 2022 - 6
Independent Banker - February 2022 - 7
Independent Banker - February 2022 - 8
Independent Banker - February 2022 - 9
Independent Banker - February 2022 - 10
Independent Banker - February 2022 - 11
Independent Banker - February 2022 - 12
Independent Banker - February 2022 - 13
Independent Banker - February 2022 - 14
Independent Banker - February 2022 - 15
Independent Banker - February 2022 - 16
Independent Banker - February 2022 - 17
Independent Banker - February 2022 - 18
Independent Banker - February 2022 - 19
Independent Banker - February 2022 - 20
Independent Banker - February 2022 - 21
Independent Banker - February 2022 - 22
Independent Banker - February 2022 - 23
Independent Banker - February 2022 - 24
Independent Banker - February 2022 - 25
Independent Banker - February 2022 - 26
Independent Banker - February 2022 - 27
Independent Banker - February 2022 - 28
Independent Banker - February 2022 - 29
Independent Banker - February 2022 - 30
Independent Banker - February 2022 - 31
Independent Banker - February 2022 - 32
Independent Banker - February 2022 - 33
Independent Banker - February 2022 - 34
Independent Banker - February 2022 - 35
Independent Banker - February 2022 - 36
Independent Banker - February 2022 - 37
Independent Banker - February 2022 - 38
Independent Banker - February 2022 - 39
Independent Banker - February 2022 - 40
Independent Banker - February 2022 - 41
Independent Banker - February 2022 - 42
Independent Banker - February 2022 - 43
Independent Banker - February 2022 - 44
Independent Banker - February 2022 - 45
Independent Banker - February 2022 - 46
Independent Banker - February 2022 - 47
Independent Banker - February 2022 - 48
Independent Banker - February 2022 - 49
Independent Banker - February 2022 - 50
Independent Banker - February 2022 - 51
Independent Banker - February 2022 - 52
Independent Banker - February 2022 - 53
Independent Banker - February 2022 - 54
Independent Banker - February 2022 - 55
Independent Banker - February 2022 - 56
Independent Banker - February 2022 - 57
Independent Banker - February 2022 - 58
Independent Banker - February 2022 - 59
Independent Banker - February 2022 - 60
Independent Banker - February 2022 - 61
Independent Banker - February 2022 - 62
Independent Banker - February 2022 - 63
Independent Banker - February 2022 - 64
Independent Banker - February 2022 - 65
Independent Banker - February 2022 - 66
Independent Banker - February 2022 - 67
Independent Banker - February 2022 - 68
Independent Banker - February 2022 - 69
Independent Banker - February 2022 - 70
Independent Banker - February 2022 - 71
Independent Banker - February 2022 - 72
Independent Banker - February 2022 - 73
Independent Banker - February 2022 - 74
Independent Banker - February 2022 - 75
Independent Banker - February 2022 - 76
Independent Banker - February 2022 - Cover3
Independent Banker - February 2022 - Cover4
https://www.nxtbook.com/mspc/independentbanker/october2024
https://www.nxtbook.com/mspc/independentbanker/september2024
https://www.nxtbook.com/mspc/independentbanker/august2024
https://www.nxtbook.com/mspc/independentbanker/july2024
https://www.nxtbook.com/mspc/independentbanker/june2024
https://www.nxtbook.com/mspc/independentbanker/may2024
https://www.nxtbook.com/mspc/independentbanker/april2024
https://www.nxtbook.com/mspc/independentbanker/march2024
https://www.nxtbook.com/mspc/independentbanker/february2024
https://www.nxtbook.com/mspc/independentbanker/january2024
https://www.nxtbook.com/mspc/independentbanker/december2023
https://www.nxtbook.com/mspc/independentbanker/november2023
https://www.nxtbook.com/mspc/independentbanker/october2023
https://www.nxtbook.com/mspc/independentbanker/september2023
https://www.nxtbook.com/mspc/independentbanker/august2023
https://www.nxtbook.com/mspc/independentbanker/july2023
https://www.nxtbook.com/mspc/independentbanker/june2023
https://www.nxtbook.com/mspc/independentbanker/may2023
https://www.nxtbook.com/mspc/independentbanker/april2023
https://www.nxtbook.com/mspc/independentbanker/march2023
https://www.nxtbook.com/mspc/independentbanker/february2023
https://www.nxtbook.com/mspc/independentbanker/january2023
https://www.nxtbook.com/mspc/independentbanker/december2022
https://www.nxtbook.com/mspc/independentbanker/november2022
https://www.nxtbook.com/mspc/independentbanker/october2022
https://www.nxtbook.com/mspc/independentbanker/september2022
https://www.nxtbook.com/mspc/independentbanker/august2022
https://www.nxtbook.com/mspc/independentbanker/july2022
https://www.nxtbook.com/mspc/independentbanker/june2022
https://www.nxtbook.com/mspc/independentbanker/may2022
https://www.nxtbook.com/mspc/independentbanker/april2022
https://www.nxtbook.com/mspc/independentbanker/march2022
https://www.nxtbook.com/mspc/independentbanker/february2022
https://www.nxtbook.com/mspc/independentbanker/january2022
https://www.nxtbook.com/mspc/independentbanker/december2021
https://www.nxtbook.com/mspc/independentbanker/november2021
https://www.nxtbook.com/mspc/independentbanker/october2021
https://www.nxtbook.com/mspc/independentbanker/september2021
https://www.nxtbook.com/mspc/independentbanker/august2021
https://www.nxtbook.com/mspc/independentbanker/july2021
https://www.nxtbook.com/mspc/independentbanker/june2021
https://www.nxtbook.com/mspc/independentbanker/may2021
https://www.nxtbook.com/mspc/independentbanker/april2021
https://www.nxtbook.com/mspc/independentbanker/march2021
https://www.nxtbook.com/mspc/independentbanker/february2021
https://www.nxtbook.com/mspc/independentbanker/january2021
https://www.nxtbook.com/mspc/independentbanker/december2020
https://www.nxtbook.com/mspc/independentbanker/november2020
https://www.nxtbook.com/mspc/independentbanker/october2020
https://www.nxtbook.com/mspc/independentbanker/september2020
https://www.nxtbook.com/mspc/independentbanker/august2020
https://www.nxtbook.com/mspc/independentbanker/july2020
https://www.nxtbook.com/mspc/independentbanker/june2020
https://www.nxtbook.com/mspc/independentbanker/may2020
https://www.nxtbook.com/mspc/independentbanker/april2020
https://www.nxtbook.com/mspc/independentbanker/march2020
https://www.nxtbook.com/mspc/independentbanker/february2020
https://www.nxtbook.com/mspc/independentbanker/january2020
https://www.nxtbook.com/mspc/independentbanker/december2019
https://www.nxtbook.com/mspc/independentbanker/november2019
https://www.nxtbook.com/mspc/independentbanker/october2019
https://www.nxtbook.com/mspc/independentbanker/september2019
https://www.nxtbook.com/mspc/independentbanker/august2019
https://www.nxtbook.com/mspc/independentbanker/july2019
https://www.nxtbook.com/mspc/independentbanker/june2019
https://www.nxtbook.com/mspc/independentbanker/may2019
https://www.nxtbook.com/mspc/independentbanker/april2019
https://www.nxtbook.com/mspc/independentbanker/march2019
https://www.nxtbook.com/mspc/independentbanker/february2019
https://www.nxtbook.com/mspc/independentbanker/january2019
https://www.nxtbook.com/mspc/independentbanker/december2018
https://www.nxtbook.com/mspc/independentbanker/november2018
https://www.nxtbook.com/mspc/independentbanker/october2018
https://www.nxtbook.com/mspc/independentbanker/september2018
https://www.nxtbook.com/mspc/independentbanker/august2018
https://www.nxtbook.com/mspc/independentbanker/july2018
https://www.nxtbook.com/mspc/independentbanker/june2018
https://www.nxtbook.com/mspc/independentbanker/may2018
https://www.nxtbook.com/mspc/independentbanker/april2018
https://www.nxtbook.com/mspc/independentbanker/march2018
https://www.nxtbook.com/mspc/independentbanker/february2018
https://www.nxtbook.com/mspc/independentbanker/january2018
https://www.nxtbook.com/mspc/independentbanker/december2017
https://www.nxtbook.com/mspc/independentbanker/november2017
https://www.nxtbook.com/mspc/independentbanker/october2017
https://www.nxtbook.com/mspc/independentbanker/september2017
https://www.nxtbook.com/mspc/independentbanker/august2017
https://www.nxtbook.com/mspc/independentbanker/july2017
https://www.nxtbook.com/mspc/independentbanker/june2017
https://www.nxtbook.com/mspc/independentbanker/may2017
https://www.nxtbook.com/mspc/independentbanker/april2017
https://www.nxtbookmedia.com