Does Your Bank Have Enough Insurance?

“Does our bank have enough insurance?” It's the most common question I hear. Several years ago I started putting out my recommended minimum insurance limits for banks of different sizes.  Download the Current Edition Here Same caveat from past editions - your mileage may vary. When insurance is a bargain, buy more. If rates are … [Read more...]

Bank Civil Money Penalties Insurance & The FDIC

Bankers got a note a month ago from the FDIC telling them that civil money penalties insurance on a bank directors' and officers' insurance policy was a no-no. CMP is a topic I have written about a fair amount. Today I had a conversation with several bankers and an association executive on the issue. I thought a video might be … [Read more...]