Last month, Visa eliminated the use of static passwords for its Verified by Visa cardholder authentication service. Static passwords were once thought to be an easy and secure way to verify a consumer’s identity, but with more than 1.8 billion compromised accounts floating around on the Dark Web, these stolen credentials are now said to be responsible for more than 80 percent of all hacking-related breaches.

Community bankers raised more than $10,000 for the youth non-profit Project 150 with ICBA Bancard’s new charitable giving platform, powered by FIS at the ICBA Community Banking LIVE this past March. ICBA Bancard’s new charitable giving platform helps move charitable donations to the web and can help banks drive organic portfolio growth while raising awareness for qualifying local charities or disaster relief programs.

Chelsea Groton Bank has once again secured BauerFinancial’s highest, 5-Star rating. This rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and sustaining this top 5-Star rating for 96 consecutive quarters, Chelsea Groton Bank has also procured a “Top 10%” designation. This means that Chelsea Groton Bank has maintained Bauer’s highest rating consistently for longer than 90% of the industry.

ICBA is calling on the Financial Crimes Enforcement Network to delay the implementation of a rule requiring community banks and other financial institutions to identify the individuals that own controlling interests in their corporate or business customers.

First International Bank & Trust (FIB&T) is proud to announce that Heather Gillihan, of our Minot Broadway location, was the recipient of the 2017 Odin Award, from First International Bank & Trust.

Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces its expansion to Greensboro, North Carolina and the greater Triad market. The Bank intends to establish a full-service retail office upon regulatory approval.

North American Banking Company, a bank committed to leadership in technology, security and customer service, today announced that it is offering Super IDs to its customers to protect their identity and privacy at no charge.

Farmers & Merchants Bank & Trust Kids Bank is celebrating their 20th anniversary during the month of April.

ICBA today thanked President Donald Trump for nominating Kansas Bank Commissioner Michelle “Miki” Bowman for the Federal Reserve Board. Bowman would fill the ICBA-advocated position dedicated to individuals with experience in community banking.

For-purpose Organization Recognizes Company for over 10 years of Helping Provide Financial Literacy to Young People in Underserved Communities.

F&M Bank Announces Promotions March 21, 2018

William C. Rosacker, President and CEO of United Bankers’ Bank has announced the promotion of five employees.

Award-winning financial strategist brings unique qualifications to Stearns Bank.

ICBA today announced the election of its 2018-19 Executive Committee during its 2018 national convention, ICBA Community Banking LIVE, in Las Vegas.

Timothy K. Zimmerman, CEO of Standard Bank in Monroeville, Pa., who becomes chairman of ICBA, encouraged ICBA Community Banking LIVE 2018 national convention attendees to leverage their political might to fight for additional reforms.

ICBA today recognized the 35th anniversary of its strategic relationship with Travelex during the 2018 ICBA national convention, ICBA Community Banking LIVE®.

The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced its results for the fiscal quarter and year ended December 31, 2017, which included $1.6 billion in net new business volume growth that brought total outstanding business volume to $19.0 billion as of December 31, 2017.