Podcast: Helping Entrepreneurs Get Back in the Game

ABA noted that while nearly every state has legalized marijuana in some form, the uncertain legal landscape means state-licensed marijuana businesses frequently operate on a cash basis, outside the regulated banking system.

In the months ahead, the ABA Foundation will work closely with banks to support more Americans on their path to wealth-building.

The CDFI Fund has launched an online tool that state governors can use to nominate communities as qualified Opportunity Zones, which provide tax incentives for investing in distressed communities. New designations occur only once every 10 years.

The Federal Financial Institutions Examination Council released a statement reaffirming its members’ commitment to promoting de novo bank formation by exploring ways to lower regulatory barriers to creating new financial institutions.

'It's asking questions like: Have you been coached? Is someone telling you to do this? Is this going into an account that you opened or authorized to be opened?'

Proposed acquisitions announced of banks in Michigan, South Carolina and Massachusetts.