Community Banking

ABA Opposes New Overreaching CU Membership Proposal

In a comment letter to the National Credit Union Administration today, ABA expressed strong opposition to an additional proposal by the credit union regulator to amend its chartering and field of membership requirements for federal credit unions seeking community charters.

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ABA Sues Credit Union Regulator Over Field of Membership Rule

Immediately after the National Credit Union Administration's publication today in the Federal Register of a controversial final rule further expanding the already loose fields of membership from which federal credit unions can draw their customers, ABA filed a lawsuit in federal court to stop NCUA from implementing the rule.

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New Year, New Challenges

Facing the demands of multiple generations, bankers see the value of getting back to basics. By Monica C. Meinert With the first of the year, it’s almost a reflex to fixate on what’s “new” and “next.” And while there’s not a single community bank that isn’t looking and planning ahead, community bankers say that 2017 may be less about the ...

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Fintech, Customer Experience Key Concerns for Fed Advisory Council

Members of the Federal Reserve’s Community Depository Institutions Advisory Council -- which includes several ABA member bank CEOs -- raised concerns over the uncertain regulatory environment for innovation and bank-fintech partnerships and over growing regulations that directly harm the customer experience, according to minutes of the CDIAC’s last meeting released by the Fed.

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