Economy

A light in the dark

12/1/2020
With the challenges and change that 2020 threw at the banking industry, one thing we can say about the year is that it gave Texas bankers the opportunity to shine.

God bless the Texas banker

11/1/2020
You will also find no better witness to the nobility of character than Texas community bankers during this challenging year — from working tirelessly to save jobs and small businesses to contributing hundreds of thousands of dollars to feed neighbors

Community banking through the COVID crisis

11/1/2020
Will Congress do anything to help small businesses? There is currently a standoff on another round of COVID spending. Most likely, it will depend on which party wins the presidency and which party controls the Senate.

Texas Economic Resilience Summit focuses on critical role of banks in economic recovery

10/1/2020
A prominent line-up of state and national lawmakers, regulators, business leaders and economists presented at TBA’s two-day Texas Economic Resilience Summit.

Who is out to compromise your vote?

10/1/2020
With Cybersecurity Month upon us and the Nov. 3 elections just days away, our thoughts turn to the implications of possible cyber-sourced election disruption.

Are you ready for fair lending reporting for small business loans?

10/1/2020
Part of the mandate given to the CFPB was Section 1071, which amended the Equal Credit Opportunity Act to require financial institutions to compile, maintain and submit to the bureau certain data on applications for credit for women-owned, minor-

Giving credit where credit is due

9/1/2020
This year the COVID-19 pandemic presents a rare opportunity to reset the discussion in the bank versus credit union debate and provide long-straddling elected officials and candidates with new facts.

Credit card spending falls in first quarter

9/1/2020
Credit card purchase volumes fell in the first quarter of 2020 as the economy entered its first recession in a decade.

What a Biden victory may mean for community banks

9/1/2020
While most attention is being paid to potential changes in environmental policies, corporate taxation and immigration law, it is worth considering what may happen on banking issues in the regulatory agencies and on the legislative front.

SCOTUS rules against CFPB’s leadership structure

8/1/2020
On June 29, the Supreme Court ruled in the Seila Law decision that the structure of the Consumer Financial Protection Bureau violated the separation of powers doctrine.

Needing forgiveness

8/1/2020
The ease — or difficulty — of the PPP forgiveness process will ultimately define the success or failure of the program for both PPP small business borrowers and lenders.

All big businesses are now too big to fail

7/1/2020
For the first time, the Fed was directed to get into the lending business due to the CARES Act mandate and over $450 billion in appropriations to cover any loan losses.

A matter of trust

7/1/2020
“In God We Trust. All Others Pay Cash.” The first thought that ran through my mind was that banks should have posted this message for the government at the launch of the PPP.

Uncertainty reigns supreme

7/1/2020
Despite unprecedented turmoil due to COVID-19, there are reasons for banks to remain optimistic

Government programs by oxymoron

6/1/2020
“Interim Final Rule.” Interim and final? Only the government could come up with something so bureaucratic and official yet “oxymoronic.”

Will community banks need more help from Washington?

6/1/2020
The effect of nonperforming and underperforming loans in community bank portfolios continues to be a concern.

These are extraordinary times!

6/1/2020
This month, I’m going to discuss some of the extraordinary efforts your association has taken during this pandemic to help its members, the industry, Texas communities and small businesses.

Community bankers: The unsung heroes of 2020

5/1/2020
Bankers have played a critical role over the past few months and will continue to play a vital role as our economy recovers.

How long can the borrowing go on? We are already $trillions in debt

5/1/2020
The latest Congressional response to the COVID-19 pandemic is a massive $2.2 trillion appropriation to try to create a backstop for the economy.

Texas banks & PPP: A monumental labor of love

5/1/2020
As of April 16, Texas banks led the way, making more than 134,737 approved loans — the highest number among the 50 states. The amount of approved loans totaled more than $28 billion.

Banking in the age of a confluence of events

4/1/2020
While the U.S. economy began the year with positive statistics to include low unemployment, steady job growth, a thriving stock market and strong housing market — it didn’t take long before it all took a sharp U-turn.

Preparing for challenging times

2/1/2020
The signs of potentially challenging times in the economy have begun to appear: The bond yield curve briefly inverted during 2019 and, though recovering until the end of the year, was immediately followed by a new decline.

136th Annual Convention in San Antonio features political and regulatory heavy-hitters

2/1/2020
The signs of potentially challenging times in the economy have begun to appear: The bond yield curve briefly inverted during 2019 and, though recovering until the end of the year, was immediately followed by a new decline.

2020 Vision

1/1/2020
From a political standpoint, will 2020 lead to one more year of efforts to remove President Trump from office — or five?