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The Office of the Comptroller of the Currency took action against bank technology providers BSERV and Fundtech in December, ordering the companies to ensure that their services effectively monitor risk.
January 17 -
The Treasury Department did not sell some of the preferred shares it owns two community banks as planned after it received insufficient bids for the securities.
July 27 -
Four bank holding companies have been freed from regulatory enforcement actions, the Federal Reserve Board announced Tuesday.
May 6
Los Alamos National Bank in New Mexico named community banking veteran John S. Gulas as its next chief executive officer.
Gulas, who has over 26 years of banking and financial services experience, fills the spot vacated by Bill Enloe, who retired in February 2013.
The bank, a subsidiary of Trinity Capital, has assets of more than $1.5 billion and six full-service banking locations in New Mexico. The community bank is currently under a
Prior to joining the bank, Gulas was the CEO of Farmers National Banc Corporation until October 2013 when he was fired for an unspecified reason, according to a
Gulas also held executive roles with Sky Trust Co., as well as Wachovia and Key Bank.
"John's achievements in community banking are outstanding and I'm excited about the opportunities created by the combination of his leadership and our strong team," said Jerry Kindsfather, the chairman of Los Alamos National Bank and its holding company, said in a press release.