Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
FOMC minutes posted
The Federal Reserve Board has released the minutes of the December 12-13, 2017, meeting of the Federal Open Market Committee. The FOMC expects economic growth from the 2017 year-end tax legislation, but is unsure of the pace of that growth when discussing how many times and when to raise rates during 2018.