Survey: Community Banks Keeping Branches Open
Community banks are keeping bank branches open, with 84% responding to a recent survey that they have not closed a single branch in the past 12 months.
Browsing: Community Banking
Why ABA Invested in NYDIG: Supporting Banks as They Help Customers Access Cryptocurrency
As more customers engage with cryptocurrency, they are increasingly looking to banks to help them safely hold these assets. Banks are responding to this new customer demand.
Edwards Discusses Innovation, Talent, Hot Policy Issues on IntraFi Podcast
Past ABA Chair Jim Edwards was interviewed on the most recent episode of the IntraFi Network’s Banking with Interest podcast. In the interview, Edwards discussed how he has championed emerging leader talent development as CEO of United Bank in Griffin, Georgia.
Powell: Fed Will ‘Make Progress’ on Master Accounts for Nonbanks
Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today that there are “good arguments” for granting special purpose depository institutions Fed master accounts and that the Fed will “make some progress” on the issue.
Podcast: The Community Bank Digital Transformation Roadmap for 2022
What’s on the community bank roadmap for digital process improvement in 2022? On the latest episode of the ABA Banking Journal Podcast, Chris Bailey lifts the curtain on his bank’s investments in digital signature management, conversational capabilities and client business optimization.
Survey: Four in 10 Businesses Expect Credit Needs to Rise in 2022
Despite uncertainty related to COVID-19, four in 10 businesses say they expect their credit needs to increase in 2022, according to the JPMorgan Chase Business Leaders Outlook survey released today.
Bisignano, Foss and DuVal to Speak at Conference for Community Bankers
Executives from the nation’s top core providers, including Fiserv CEO Frank Bisignano, Jack Henry CEO David Foss and FIS EVP Brian DuVal, will participate in live discussions on community banking, strategy, innovation, third party integration, conversions and contracts as part of ABA’s Conference for Community Bankers—to be held Feb. 20-22, in Palm Desert, California.
ABA, Groups Seek Changes to Support Sub S, Mutual Banks Receiving ECIP Investments
With the Treasury Department investing $8.7 billion in community development financial institutions and minority depository institutions through its Emergency Capital Investment Program, ABA and several other trade groups this week urged the Federal Reserve to revise quickly its regulatory treatment of ECIP investments to support the program’s success.
Agencies Release 2020 CRA Data on Small Biz, Community Development Lending
The federal banking agencies today released 2020 Community Reinvestment Act data on small business, small farm and community development lending.
Agencies: Community Bank Leverage Ratio Returns to 9% on Jan. 1
With the expiration of coronavirus-related relief provided under the CARES Act, the community bank leverage ratio will revert to a minimum of 9% starting on Jan. 1, 2022, the banking agencies said today.