When climate risk comes home
Community banks in oil and gas towns grapple with the future of climate risk supervision.
Commercial Lending
Fed survey: business lending standards largely unchanged amid rising demand
Lending standards for business loans remained largely unchanged in the first quarter of 2022, according to the Federal Reserve’s senior...
CME Group announces initiative to encourage ‘SOFR first’ options trading
To help accelerate the growth of Secured Overnight Financing Rate options trading, CME Group today announced a new “SOFR First...
Banks awarded for increased investment in distressed communities
The Treasury Department’s Community Development Financial Institutions Fund today awarded $26 million to 158 FDIC-insured banks through the fiscal year...
House bill would extend CFPB supervisory authority to nonbank small biz lenders
As the CFPB looks to implement Section 1071 of the Dodd-Frank Act—which calls for the collection of small business lending...
New FDIC Reports Chart Continued Effect of Pandemic on Banks
Two reports released today by the FDIC provide data on consumer lending, deposit rates and branch closures in the wake...
Post-Libor, Banks Benefit from More Choice
For many smaller banks, having a credit-sensitive component that reflects their cost of borrowing is critical. They need a rate...
Survey: Firms Facing Challenges in Libor Transition
While financial services firms are “largely on track” for a successful transition away from Libor, half of them are still...
Congress Passes ABA-Backed Bill Addressing Tough Legacy Libor Contracts
The Senate late Thursday night passed an omnibus spending package that included a bipartisan, American Bankers Association-backed bill to address...
Podcast: How Multigenerational Directors and Engaged Employees Drive Bank Independence
For nearly 200 years, Millbury National Bank has stayed independent as a commercially focused community bank in Massachusetts. Part of...
