Marion Chamber of Commerce
  • About
    • Board of Directors
    • Our Team
    • Community Initiatives
    • Our Partners
    • Community Impact Award >
      • Community Impact Award Nominations
    • Marion Chamber Foundation
  • Events
    • Chamber Event Calendar
    • Community Calendar
    • Chamber Golf Outing
    • Annual Meeting
    • Oktoberfest
    • Uptown Marion Markets >
      • Vendor Information
    • Uptown Getdown
    • Chocolate Walk
    • Christmas In The Park
    • Submit an Event
  • News
    • Member News
    • Submit a Press Release
  • Directory
  • Resources
    • Business Support >
      • Small Business Revolving Loan Fund
      • Business Networking
      • Ambassadors >
        • Ambassador Application
      • Shop Where I Live
    • Professional Development >
      • Leadership in Action >
        • MLIA Application
        • MLIA WInter Lights Project
      • Marion Business Academy
  • Membership
    • Join the Chamber
  • Welcome
    • Welcome Center
    • Why Marion?
  • Member Login

News

ARTICLE

Date ArticleType
11/2/2018 General

Ohnward Bank & Trust Hosts Federal Reserve Town Hall

To help the industry better understand these potential actions, Abram Tubbs, a director of the Chicago Federal Reserve Board, and the Fed will host a public town hall from 1 p.m. to 4 p.m. Nov. 7 at the DoubleTree Cedar Rapids Convention Center, 350 1st Ave NE, Cedar Rapids. Ohnward executive Abram Tubbs will introduce some of the Fed participants at the meeting. Tubbs is president of Ohnward Bancshares, Inc., chief executive officer of Ohnward Bank & Trust, and chief financial officer of First Central State Bank.

On October 3, the Federal Reserve Board of Governors published a Federal Register Notice, requesting public comment on potential actions that the Fed could take to facilitate real-time interbank settlement of faster payments. In order to help the industry better understand these potential actions, we will host a public town. Town hall attendees will learn about and have the opportunity to ask questions and share views on the potential actions the Fed is considering.

As part of its overall mission, the Federal Reserve has a fundamental interest in ensuring there is a safe and robust settlement infrastructure on which the private sector can provide innovative payment services that serve the broad public interest. The settlement infrastructure concepts outlined in the Notice are intended to advance public policy goals for faster payments and to help support the modernization of the payment system. We are requesting your feedback to help assess the potential actions under consideration for achieving this.

To attend a town hall, register, and/or learn more about the Federal Register Notice and the opportunity to submit comments, visit https://fedpaymentsimprovement.org/faster-payments/settlement-assessment/

Marion Chamber of Commerce
1070 7th Avenue | Marion, IA 52302
Tel 319-377-6316 
All rights reserved
Picture
  • About
    • Board of Directors
    • Our Team
    • Community Initiatives
    • Our Partners
    • Community Impact Award >
      • Community Impact Award Nominations
    • Marion Chamber Foundation
  • Events
    • Chamber Event Calendar
    • Community Calendar
    • Chamber Golf Outing
    • Annual Meeting
    • Oktoberfest
    • Uptown Marion Markets >
      • Vendor Information
    • Uptown Getdown
    • Chocolate Walk
    • Christmas In The Park
    • Submit an Event
  • News
    • Member News
    • Submit a Press Release
  • Directory
  • Resources
    • Business Support >
      • Small Business Revolving Loan Fund
      • Business Networking
      • Ambassadors >
        • Ambassador Application
      • Shop Where I Live
    • Professional Development >
      • Leadership in Action >
        • MLIA Application
        • MLIA WInter Lights Project
      • Marion Business Academy
  • Membership
    • Join the Chamber
  • Welcome
    • Welcome Center
    • Why Marion?
  • Member Login