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.)
OCC schedules Pittsburgh workshops
The OCC will host two workshops at the Hotel Indigo Pittsburgh East Liberty in Pittsburgh, May 21-22, for directors of national community banks and federal savings associations supervised by the OCC.
- The Risk Governance: Improving Director Effectiveness workshop on May 21 provides practical information for directors to effectively measure and manage risks. The workshop also focuses on the OCC’s approach to risk-based supervision and major risks in the financial industry.
- The Credit Risk: Directors Can Make a Difference workshop on May 22 focuses on credit risk within the loan portfolio and techniques for managing them, such as identifying trends and recognizing problems. The workshop also covers the roles of the board and management, how to stay informed of changes in credit risk, and how to effect change.
Each workshop is limited to 35 registrants.