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BANKING NEWS

‘Proud Moments’
April 21, 2017, Business Oberver
In addition to Pilot, Lowman has another significant job — and proud moment — as incoming chairwoman of the Florida Bankers Association, one of the more prominent lobbying and advocacy groups in the state. Lowman, when she’s installed in June, will be the third woman in the history of the 130-year old group to hold the chair position.

Low inventory pinches Tallahassee housing market
March 27, 2017, Tallahassee Democrat
Alex Sanchez, president and CEO of the Florida Bankers Association, said interest rates will continue to pick up if the economy remains strong.  “Now, will they go from 4 percent to 8 percent in a month? No. In a year? No. But they will go up,” Sanchez said. “The economy is doing well and the Federal Reserve Bank wants to control inflation so they will tinker with usually a quarter point.”

 

Bankers wary of credit union bill in Florida Legislature
Miami Today, March 21, 2017
Bankers are closely watching bills that are making their way through the 2017 legislative session. At the top of the list for many is Senate Bill 1170, which would allow credit unions to become qualified public depositories if they meet certain requirements. That means they could receive municipal funds for deposit.   “Our guys are totally against it,” said Anthony DiMarco, executive vice president of governmental affairs for the Florida Bankers Association. “To us, it’s ironic that they’re taking in tax money, and loaning it back out, when they don’t pay taxes.”


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