Dr. Mark Gjerde has been managing his business and personal finances with Dan Lawrence, the president of Elk Grove Commerce Bank, a Bank of Stockton branch, since 2007

Elder Appeal

Community banks boost services to retain retirement-bound clients

Robert Fay likes to tell the story of a client whose father worked with his grandmother long ago. She mentioned her plan to move her money to an investment firm. “I told her, ‘You should talk to me.’ After we had gone through all that [our bank could] do, I said, ‘Dorothy, you know I’m going to do the best I can for you.’ She said, ‘I know you will. And if you don’t, I’ll tell your mother.’”

Nov 1, 2013 Esther Shein

Merge or Purge

Community banks contemplate consolidation as regulatory costs grow

Banks throughout the country are putting new practices in place to comply with an onset of new federal regulations prompted by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act and other post-meltdown rule changes. Those expensive efforts are sparking major changes and concerns for some of the Capital Region’s smaller lenders.

Aug 1, 2013 Torey Van Oot

Cashing Out

Life among the ranks of the unbanked

Two hundred, four hundred … twenty, forty, sixty, eighty, five hundred …

As the young woman behind the glass divider counts out the entirety of my paycheck, I can’t help but think of how measly it looks before I stuff it in my wallet.

May 1, 2013 John Blomster

Banking on Business

Acuity with Rodney Brown

Since 2007, Rodney Brown, 65, has served as the president and CEO of the California Bankers Association, which represents the majority of banks doing business in California.

May 1, 2013 Douglas Curley
(istockphoto.com)

Bank of Tomorrow

New sources for business loans

Banks are running up against some odd new competitors these days. Big box retailer Costco is advertising mortgages. Wal-Mart has issued its own debit card. Amazon is offering loans to merchants in its online marketplace.

Feb 12, 2013 Robert Celaschi

Blowing Bubbles

Could Dodd-Frank cause another financial disaster?

The past few years have seen the biggest social upheaval against the banking industry in this nation’s history, and Capitol Hill lawmakers responded with 848 pages of legislation that liberal critics deride as weak and many conservatives call a job killer.

Apr 1, 2012 Allen Young

The Tax Man Cometh

Navigating a criminal investigation from the IRS

Perry Ghilarducci holds a vivid memory from the day the Internal Revenue Service showed up unannounced at his office. Nobody wants a surprise visit from the IRS, and it’s even more nerve-wracking when the agents are from the criminal investigation division and when, like Ghilarducci, you’re an accountant.

Apr 1, 2012 Robert Celaschi