On the latest episode of the ABA Newsbytes Podcast, co-hosts Evan Sparks and Shaun Kern discuss an unexpected exemption for the banking industry in the Consumer Financial Protection Bureau’s small-dollar lending rule, as well as survey findings from the Fed and the Conference of State Bank Supervisors that illuminate the role of rising compliance costs in driving M&A at community banks.
Then we chat with writer Kerry O’Leary about the trend of banks of all sizes putting coffee shops in branches, including Richwood Coffee, HomeTown Bank‘s partnership with Mocha Monkey and Capital One Cafe. Ever the lawyer, Shaun invokes the 1864 National Bank Act in discussing the “separation of banking and coffee.” And if you’re not coming to ABA’s Annual Convention next week, you can still take part — we provide a sneak preview of two livestream events from the Convention….
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In this episode: