HNB National to buy Kearney Trust in Missouri
HNB National Bank in Hannibal, Missouri, has agreed to buy Kearney Trust in Kearney, Missouri.
Policy
ABA, associations: Credit card routing mandate would make life less affordable for Americans
ABA joined nine bank and credit union associations in urging lawmakers to once again reject legislation that would impose new...
Hill sworn in as FDIC chairman
Travis Hill has been sworn in as the 23rd chairman of the FDIC, the agency announced. He has served as...
Former Fed chairs stress need for independent central bank
The Federal Reserve’s independence and the public’s perception of that independence are critical for U.S. economic performance, a group of...
ABA, associations: Stablecoin loophole threatens local lending
Trillions of dollars for community lending could be lost if lawmakers fail to close a loophole crypto firms could use...
Vought requests CFPB funding from Fed
CFPB Acting Director Russell Vought has requested $145 million from the Federal Reserve to fund the bureau through at least...
ABA, associations respond to Trump’s call for credit card rate cap
President Trump’s proposal for a one-year cap of 10% on credit card interest rates would harm consumers and small businesses...
CFPB, DOJ to withdraw warning on using immigration status to determine creditworthiness
The CFPB and Department of Justice plan to withdraw 2023 guidance warning financial institutions that they risk violating federal protections...
OCC proposes revising chartering rules for national trust institutions
The OCC is proposing to amend its chartering regulations to clarify that national banks limited to the operations of trust...
Fed to resume penny deposits next week
The Federal Reserve announced that it will resume accepting pennies from banks and credit unions at commercial coin distribution locations...
