Report finds MDIs key to closing racial wealth gap
Assets at minority depository institutions grew from $246 billion in 2010 to $329 billion in 2022, with a significant amount...
Sens. Tillis, Tester call for independent investigation of bank failures
Sens. Thom Tillis (R-N.C.) and Jon Tester (D-Mont.) urged President Biden to appoint an independent investigator to further probe the...
House Oversight Committee probes San Francisco Fed’s role in SVB failure
House Oversight and Accountability Committee leaders wrote to San Francisco Federal Reserve Bank President and CEO Mary Daly requesting documents...
ABA, associations: Regulatory overreach could reduce credit access
Credit cards are a safe, accessible and affordable form of consumer credit, but that could be at risk if CFPB...
ABA, trade groups urge changes to proposed Treasury check verification rule
A proposed rule to require financial institutions to use the Treasury Check Verification System, or a similar authorized system, to...
ABA, banking associations warn against destabilizing FHLB system
Federal Home Loan Banks are a vital liquidity source for their member institutions and have been since the FHLB system...
Filling the financial knowledge gap
From in-school branches to new partnerships, how community banks are rewriting the script on financial education in schools.
ABA, National Bankers Association hold first MDI partnership summit
During the first MDI Partnership Summit held this week in Orlando, Florida, participants from minority depository institutions and banks across...
District court vacates Labor Department position on rollover advice
A U.S. district court this week vacated the Labor Department’s interpretation of the Employee Retirement Income Security Act and its...
Nichols: ABA won’t ‘sit idly by’ if regulators overstep their authority
While ABA is engaging with banking regulators in constructive ways, it is also pushing back against a range of rulemakings...
