During the summer of 2017, bankers have hosted 57 events that bring their senators and representatives into the bank to meet employees and learn about the regulatory challenges banks are facing. Learn more at aba.com/lawmakersatwork. Click on the pictures below to see scenes from the summer.
Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.
Supported by Fed staff, the task forces “will operate independently, with a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee."
ABA continues to be a staunch advocate for policies that encourage a level playing field within the financial services marketplace.
Legislation to reinstate the net operating loss, or NOL, carryback option for certain eligible financial institutions would expand lending and credit availability for consumers and businesses across the U.S., ABA said in a letter to House lawmakers.
Among other changes, the proposal would require banks to focus their anti-money laundering resources based on risk, with more attention given to higher-risk customers and activities, the Fed said. The move aligns with a similar proposal made by...
For some banks, the value extends beyond new accounts to greater brand recognition and community connections.
