Tag Archives: rural banking

Senate Vote Expected This Week on ABA-Backed Cyber Bill

The Senate is scheduled to vote this week on the Cybersecurity Information Sharing Act (S.754), an ABA-supported bill that would strengthen the ability of the public and private sectors to share critical cyber threat information without compromising customer privacy.

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CFPB Finalizes Relief for Small, Rural Mortgage Lenders

The Consumer Financial Protection Bureau today finalized several changes -- many advocated by ABA -- that will increase the number of banks able to benefit from the bureau’s small creditor and rural or underserved area exemptions in its mortgage rules.

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ABA Hosts Meeting to Address Rural Appraiser Shortage

To help address the pending shortage of rural property appraisers -- and the implications for agricultural and commercial credit in rural communities -- ABA’s Center for Agricultural and Rural Banking and ABA’s Commercial Real Estate Committee convened a meeting yesterday of key stakeholders from the banking industry, federal government, appraisal industry and others.

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Regulatory Review Meeting Focuses on Rural Bank Burdens

Rural banks face a number of challenges that are compounded by unnecessary, outdated and excessively burdensome regulations, Comptroller of the Currency Thomas Curry said today at the fourth of five outreach meetings for the decennial Economic Growth and Regulatory Paperwork Reduction Act review.

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Shelby’s Sweeping Financial Reform Bill Would Advance ABA Goals

Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide regulatory relief for banks of all sizes, tailor the regulatory structure for systemically important banks and begin restructuring within the Federal Reserve System and at Fannie Mae and Freddie Mac.

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ABA Supports Bills on Rural Designations, SEC Registration Threshold

ABA today wrote to Congress to urge support of two recently introduced bills. S. 871, introduced by Sens. Dean Heller (R-Nev.), Shelley Moore Capito (R-W.Va.) and Rand Paul (R-Ky.), would establish a process for designating an area rural for purposes of Consumer Financial Protection Bureau exemptions. It is a companion to a bill that the House passed recently by a ...

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