Community Banking

ABA Opposes Credit Union Efforts to Loosen Membership Rules

ABA President and CEO Frank Keating yesterday expressed the association’s strong opposition to efforts by the Credit Union National Association to ease further the already-loose field of membership requirements that ensure credit unions remain dedicated to serving people with meaningful common bonds.

Read More »

Keating Talks Community Bank Burdens on Bloomberg

ABA President and CEO Frank Keating discussed the challenges community banks are facing in serving their customers’ needs in an appearance on Bloomberg TV’s “Bloomberg Surveillance” this morning -- and he emphasized the indispensable role banks play in meeting the credit needs of their hometowns.

Read More »

ABA, ICBA Oppose Back-Door Increase in CU Business Lending

ABA and the Independent Community Bankers of America wrote to the House Appropriations Committee on Friday opposing the use of the congressional spending process as a back door for a credit union-backed provision to further expand their member business lending privileges.

Read More »

ABA’s Carney: TruPS Issue Comes Back to Haunt Community Banks

Despite regulators' action -- and ABA's lawsuit -- after the Volcker Rule to protect existing bank investments in trust preferred securities, community bankers are facing the same issue as the Basel III capital standards come into effect, ABA VP Hugh Carney wrote in an American Banker op-ed today.

Read More »