Monthly Archive:: July 2019

As a partner of your state banking association, we want to share with you some new and exciting ways we help our clients. Recent commercial real estate (CRE) lending trends indicate increased investment in vacant and industrial land. As the U.S. retail landscape shifts ...Read More

by Bruce Ely and Jimmy Long, Bradley EDITOR’S NOTE: In May of 2018, at the request of the Alabama Department of Revenue (“ADOR”), the Alabama Bankers Association (“ABA”) established a working group of tax experts to study ways to modernize and clarify the statutes ...Read More

by Aaron Flinn, Waller For banks with significant trust activities or banks that are considering expansion into new markets, recently passed legislation in Tennessee provides significant benefits that are currently only permitted in Tennessee and South Dakota. Specifically, Tennessee law now permits the creation ...Read More

Question: We have a situation where a commercial borrower is purchasing two commercial properties that are in a flood zone. His insurance agent stated that he cannot purchase flood insurance on the properties in question until he owns the properties. We are doing the ...Read More

Question: Is there a regulatory requirement to charge a 7-day early withdrawal penalty on a certificate of deposit (CD)?   Answer: In the first week after a CD is created, there must be an early withdrawal penalty of at least seven days’ simple interest ...Read More

by Charles W. Prueter & Manning T. Russell “Celebrities: They’re just like us!” Whether you like it or not, this refrain resonates within our popular culture. Perhaps discovering that movie or reality TV stars eat pizza and pump gas — just like us! — ...Read More

by Rob Nichols For too long, banks with legitimate concerns about unbridled credit union growth have been portrayed as Goliath picking on David. The truth is that in many states, a credit union is one of the largest local financial institutions, outranking most of ...Read More