CDFI Fund Seeks Comment on Application Process

Proposed language in the Clarity Act giving regulators a short time frame to decide whether to close the stablecoin payment-of-interest loophole is no safeguard against the deposit flight that would harm many community banks, ABA and a coalition...

ABA announced the recipients of its highly regarded Bruning and Blanchfield Awards, the association's premier awards presented annually for significant contributions to agricultural banking.

Forty-nine state attorneys general last week urged the Federal Communications Commission to impose stronger “know your upstream provider” requirements to keep calls off the U.S. calling network.

The current expected credit loss framework should be simplified. There are other ways to improve it, too.

The federal banking agencies pledged to step up oversight of third-party core providers whose business practices “unreasonably limit” community banks from conducting due diligence or from negotiating contract terms that address the banks’ business needs.

Consumer sentiment decreased 3.9 points month-over-month in September to 47.8, and is down 7.3 points from one year ago, according to preliminary results of the University of Michigan Surveys of Consumers.