Oct 15 2008 23 mins 1
The headlines have been made in Washington, D.C., but what's happening in the heartland? Community banks make up more than 90 percent of the nation's 8000-plus banking institutions, and it's important to hear from their senior leaders on such topics as safety and soundness, customer confidence and business/security objectives for 2009.
In this exclusive interview, Michael Jacobson, CEO of NebraskaLand National Bank and chair-elect of the Nebraska Bankers Association, discusses the key differences between Wall Street and Main Street, offering insight on:
- The impact of global economic events on his institution and customers;
- How community banks such as his are dealing with the customer confidence challenge;
- The immediate business, regulatory and risk management priorities for Main Street institutions.
