May 2024

by Mike Murphy, EVP & Chief Risk Officer As a long-time banker who used to be an examiner, I am sometimes conflicted like the guy with the angel and the devil arguing on each of my shoulders. This is especially true when working with regulators whether during the exam process, filing regulatory reports or even…

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by Kas Stewart, SVP & AAP A breakdown of your bank’s instant payment options … If you have questions about instant payments or would like to start utilizing FedNow and/or RTP, contact your Calling Officer to schedule an informational call with our team of experts!

On Friday, March 29th, TBB had our Annual Shareholder Meeting. Outgoing Chairman, Evans McBride, commented on the growth and success of TBB during his term on the Board. CEO and President, Troy Appling, was pleased to report that TBB had three record years in a row. Another significant dividend of $20 per share was paid…

by Shannon Truax, Bankers Professional Services, Inc. What You Should Know About BSA/AML/CFT and What is With All of the New Acronyms? The Anti Money Laundering (AML) Act of 2020 has brought some changes to what we have historically known as the Bank Secrecy Act (BSA). Many regulatory agencies, including the Financial Crimes Enforcement Network…