Community Banking

Treasury Announces 2015 Bank Enterprise Award Funding

The Treasury Department’s Community Development Financial Institutions Fund today announced $18 million in funding for the 2015 Bank Enterprise Awards, which encourage banks to increase their investments and loans in disadvantaged communities.

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Fed’s Tarullo Highlights ABA Proposal for Regulatory Relief

Speaking at an industry event in Washington, D.C., today, Federal Reserve Governor Daniel Tarullo floated an idea originated by ABA and the state bankers associations to relieve compliance burdens associated with capital rules. “One idea I have heard is to allow smaller community banks to opt into a simpler set of risk-weighted capital requirements in exchange for a higher minimum ...

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