The Senate voted 50-49 against ending debate on the Clarity Act. By failing to reach the 60-vote threshold needed for cloture, senators signaled their unwillingness to pass the legislation in its current form.
U Bancshares in Huntington, Kentucky, has agreed to buy Heritage Community Bank in Burlington, Kentucky.
The House passed by voice vote a revised version of legislation to officially end penny production and provide a framework for cash rounding when exact change cannot be provided.
The CDFI Fund announced awards for fiscal years 2025 and 2026 along with a reminder that it will monitor recipients for compliance with federal anti-discrimination laws.
Proposed language in the Clarity Act giving regulators a short time frame to decide whether to close the stablecoin payment-of-interest loophole is no safeguard against the deposit flight that would harm many community banks, ABA and a coalition...
ABA announced the recipients of its highly regarded Bruning and Blanchfield Awards, the association's premier awards presented annually for significant contributions to agricultural banking.
