Alabama Bank News

This Alert concerns employers who currently offer – or are contemplating offering – a High Deductible Health Plan (HDHP). When such plan is in place, employees may qualify for a tax-advantaged Health Savings Account (HSA) that allows them to save for future medical expenses ...Read More

With exams and audit cycles beginning soon in earnest, now is the time to prepare across the whole bank — how ready are you really? Have internal checks been consistently followed and applied? Compliance Alliance is here to help. With over 63 individual tools, ...Read More

You of course know that the brief government shutdown ended via a short-term continuing funding resolution. Included therein is a further postponement of the so-called “Cadillac Tax” on high-value health plans. This provision, which had bi-partisan support, postpones the tax from its already-delayed effective ...Read More

ABA’s CEO and CFO forum groups are now open for registration. These groups provide an opportunity for bank CEOs and CFOs to meet throughout the year to benefit from each other’s skills, experience and perspective. Forum groups meet three times per year. In 2018, ...Read More

FEBRUARY 2, 2018 — Two bills of importance to Alabama banks made significant advancements during week four of the 2018 Legislative Session. The first bill, Senate Bill 60, was unanimously approved by the Senate on Thursday afternoon. Sponsored by Sen. Clay Scofield (R-Arab), the ...Read More

by Jim White, Porter White & Co. In bank merger and acquisition transactions parties to the deal usually engage valuation experts to render “fairness opinions” opining on the fairness of the pricing and other aspects of the transaction to the respective shareholders of the ...Read More

By Darlia Fogarty The board believes the compliance officer has been given adequate policies, training and staff to ensure the bank will not encounter any issues when the regulators arrive for the compliance exam. So the exam should be a non-event right? Let’s talk ...Read More