CommerceOne Bank

🔒 Protect Yourself from Scams and Fraud: Updated Best Practices 🔒 At CommerceOne Bank, we understand the stress and uncertainty that comes with realizing your sensitive information has been compromised. But rest assured, all is not lost. We’ve just updated our comprehensive guide to help you recover swiftly and safeguard against future incidents. In our latest blog post, discover clear and actionable steps to: Secure your accounts and prevent further unauthorized access. Implement multi-factor authentication and update your passwords. Place fraud alerts and review your credit reports. Report to the FTC and local law enforcement. Adopt best practices for ongoing measures to protect your financial information. Additionally, we discuss leveraging fraud detection tools, securing your devices, and staying informed about the latest threats. 👉 Read the Full Blog Post Here https://lnkd.in/eHS4Aux3 Navigating through fraud can feel overwhelming, but CommerceOne Bank is here to support you every step of the way. Stay vigilant, stay protected. #FraudPrevention #CyberSecurity #BankingSafety #CommerceOneBank

Welcome Back, Miles Waldrop We’re thrilled to welcome back Miles Waldrop for his second summer with us as an intern. Miles is currently studying finance at the University of Alabama, and his eagerness and dedication have already made a lasting impression. Last summer, Miles was an invaluable asset to our team, bringing a fresh perspective to our projects. We’re excited to see how he’ll build on that experience this year and continue to grow in his role. Join us in giving Miles a warm welcome back. Here’s to another summer of learning, growth, and great contributions! Welcome back, Miles!

🇺🇸 Happy 4th of July from CommerceOne Bank! 🇺🇸 As we celebrate freedom and independence, we want to inform our clients that we will be closed today, July 4th, in observance of Independence Day. We hope you enjoy this day with your family and friends. While our physical locations will be closed, you can still access your accounts and manage your finances through our online and mobile banking platforms. We will resume normal business hours on Friday, July 5th. Stay safe, and enjoy the festivities!

📢 Senate Banking Committee to Review FDIC Nomination 📢 On July 11, the Senate Banking Committee will convene to consider the nomination of Christy Goldsmith Romero as the new chair of the Federal Deposit Insurance Corporation (FDIC). Currently serving on the Commodity Futures Trading Commission, Goldsmith Romero is set to step in following a significant workplace scandal within the FDIC. This hearing will also address key nominations for Caroline Crenshaw, Kristin Johnson, and Gordon Ito, marking a pivotal step in fortifying our financial regulatory landscape. As the confirmation process unfolds, all eyes will be on the Senate to see if Goldsmith Romero can secure the necessary support to lead the FDIC, navigating both the ongoing cultural challenges and a demanding regulatory agenda. You can find the full article in the link below: https://lnkd.in/exientCx #FDIC #SenateBankingCommittee #FinancialRegulation #Leadership #CommerceOneBank

In observance of Juneteenth, our offices will be closed today, but we will resume normal business hours Thursday, June 20th. As always, our online and mobile banking platforms will remain available around the clock, providing you with uninterrupted access to our financial services.

Welcome Scott Akin to the CommerceOne Bank Team! We are thrilled to announce the newest addition to our team, Scott Akin, who joins us as Vice President of Private Banking. Scott brings a wealth of experience and a diverse background in banking, having held various roles including Branch Manager, Mortgage Loan Officer, and Commercial Banking Solutions Relationship Manager. His extensive knowledge and expertise make him an #exceptional addition to our organization. Welcome aboard, Scott!

📊 Key Findings: As of 2022, borrowers paid a median amount of $6,000 in closing costs. The inquiry seeks feedback on the competitiveness, setting, and impact of these fees. 🏛 Industry Response: In a joint statement, the American Bankers Association, Housing Policy Council, and Mortgage Bankers Association acknowledged the importance of discussing policies that ensure a healthy and competitive mortgage market. They emphasized that any potential changes should undergo a rigorous rulemaking process under the Administrative Procedure Act to ensure benefits to consumers without adding unnecessary compliance costs. 🗣 Get Involved: The CFPB is inviting public feedback on this critical issue. Comments are due within 60 days of the request for comment being published in the Federal Register. Click the following link for the full article: https://lnkd.in/eGRbkBYe CommerceOne Bank: Responsive, Relentless, Exceptional

On this Memorial Day, we at CommerceOne Bank pay tribute to the brave men and women who have made the ultimate sacrifice in service to our country. Please note, our office will be closed on Monday, May 27th in observance of Memorial Day. We will resume normal business hours on Tuesday, May 28th.

Announcement from CommerceOne! We are pleased to announce Kevin Kynerd as the new Chairman of the Board of Directors at CommerceOne Bank. With his exceptional leadership skills, Kevin is uniquely positioned to offer insight and guidance toward the future growth and continued success of our organization. #CommerceOne #Exceptional #NewChairman

It is with sorrow and heavy hearts that we announce the passing of Ronnie Jackson, our Chairman of the Board at CommerceOne Bank. Ronnie was not only a visionary leader but also a dear friend and mentor to many within our community. His commitment to excellence and his advocacy for our institution have left a lasting mark on all of us. We extend our sincerest condolences to his family, friends, and all who knew him. You may click the following link for more information: https://lnkd.in/eyvTESgs The CommerceOne Bank family invites those who knew Ronnie to share their memories and messages of condolence on this platform. Together, let us celebrate a life well-lived.