Treasury Announces $8.7B Investment in CDFIs, MDIs
The Treasury Department, through its Emergency Capital Investment Program, will invest $8.7 billion in community financial institutions, which includes community...
Community Banking
Survey Reveals ‘Substantial’ Risk, Compliance Concerns for U.S. Banks
Banks continue to feel a heightened sense of compliance and risk concern, according to the results of a new Wolters...
USDA Makes Funds Available to Bolster Food Supply Chain
The U.S. Department of Agriculture is deploying $100 million under the new Food Supply Chain Guaranteed Loan Program to make...
ABA Supports Strengthening CDFI Fund’s Small Dollar Loan Program
In a comment letter submitted on Friday, the American Bankers Association expressed support for strengthening the Community Development Financial Institutions...
FFIEC Updates its BSA/AML Exam Manual
FFIEC released a new section and updates to three sections of its Bank Secrecy Act/anti-money laundering examination manual
ABA Adds 11 Banks to ABAQ Index
The American Bankers Association added 11 banks to its Nasdaq Community Bank Index (ABAQ) today.
ABA Pushes For SBA Ban on Making Direct Loans Through 7(a) Program
The American Bankers Association yesterday wrote in support of H.R. 6037, legislation that would prohibit the Small Business Administration from...
FDIC: Bank Profits Up in Third Quarter as Capital, Liquidity Levels Remain Strong
FDIC-insured banks and savings institutions earned $69.5 billion in the third quarter of 2021, a 35.9% increase from a year...
Small Business Credit Card Satisfaction Surges
Small business credit card customer satisfaction surged 12 points from last year (rising to 852 on a 1,000-point scale) as...
Podcast: Giving Thanks with America’s Banks
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2021...
