How AI provides an edge in lending
Recent research reveals banks with greater AI usage offered lower interest rates and experienced fewer instances of default.
FOMC lowers rates by 25 basis points
The Federal Open Market Committee announced that it will lower the target range for the federal funds rate by 25...
U.S. adds 22,000 jobs in August
The U.S. economy added 22,000 nonfarm jobs in August, the Labor Department said. The unemployment rate was little changed at...
Survey: Consumers increasingly turn to AI for financial advice
Thirteen percent of respondents said they use AI for banking and financial services on a daily basis, while 59% said...
ABA: More research needed on BNPL financing in housing
HUD should continue to study "buy now, pay later" financing and its potential effects on consumers and FHA-insured mortgage programs,...
Leg up on a new life
Through financial education and community partnerships, some banks are helping former prison inmates with a fresh start.
Fed survey: Lending standards tightened for many commercial loans in Q2
Banks reported tighter lending standards and weaker demand for C&I and CRE loans during the second quarter of 2025, according...
Banking agencies propose to rescind Community Reinvestment Act rule
The Federal Reserve, FDIC and OCC issued a joint proposal to rescind the Community Reinvestment Act final rule adopted in...
Fighting fraud on the frontline
Customer inquiries and complaints are important tools for detecting scams, but structural barriers in the bank may prevent them from...
Marketing mutuality
Mutuals Matter campaign seeks to educate the public about what separates mutual banks from other financial institutions.
