Community Banking

Combating Elder Abuse through Awareness and Training

By Linda W. Navarro There are many ways that banks engage in protecting their customers’ hard-earned dollars. Lending prudently, providing deposit insurance, combating fraud, advising about smart financial choices—the list goes on. Lesser known, but equally important, is the work banks do to protect older Americans from financial abuse. (See “Safe Banking, Savvy Seniors.”) At the Oregon Bankers Association, we ...

Read More »

Bipartisan Bill Introduced to Ease Call Report Burdens

Reps. Randy Hultgren (R-Ill.), Terri Sewell (D-Ala.) and Blaine Luetkemeyer (R-Mo.) yesterday introduced the Community Bank Reporting Relief Act, an ABA-supported measure that would streamline bank reporting by permitting well-capitalized and highly rated banks to file a short-form Call Report in the first and third quarters each year. The full Call Report would be required in other quarters.

Read More »

Richmond Fed: Dividend Change Could Portend Fed Membership Losses

The dividends that regional Federal Reserve Banks pay to member banks on the stock they are required to hold is a historically important part of attracting banks to join the Federal Reserve System and limiting the shadow banking sector, according to a research brief released today by the Federal Reserve Bank of Richmond.

Read More »

ABA, State Associations Hit Back at NCUA Membership Proposal

Proposed regulations from the National Credit Union Administration would render the concept of a common bond between credit union members meaningless, ABA said in a comment letter filed today. NCUA has proposed to expand the already loose fields of membership from which federal credit unions can draw their customers.

Read More »