Podcast: A community bank CEO’s perspective on cloud migration, climate risk

FinCEN issued an alert urging financial institutions to identify and report fraud associated with federal child nutrition programs in Minnesota, and it released a geographic targeting order directing banks and money transmitters in two Minnesota counties to report...

The CFPB and Department of Justice plan to withdraw 2023 guidance warning financial institutions that they risk violating federal protections against discrimination if they rely on immigration status to determine a consumer’s creditworthiness.

The OCC is proposing to amend its chartering regulations to clarify that national banks limited to the operations of trust companies may engage in nonfiduciary activities.

ABA's Steve Kenneally on the Fed's decision on penny deposits, the operational challenges the penny phaseout poses to retailers and banks, and ABA's advocacy on coinage reform.

Republicans on the House Financial Services Committee unveiled a new bill they said would boost community banking by promoting de novo bank formation, raising regulatory thresholds and revising agency regulatory and supervisory practices.

The Federal Reserve is reviewing its rules under which “confidential supervisory information” can be shared to help banks better coordinate fraud prevention efforts and mitigate the potential for supervisory abuse, Vice Chair for Supervision Michelle Bowman said.