From Butch Cassidy to Bonnie and Clyde, bank robbers have always had a pop culture mystique. But bank robberies are no Hollywood storyline for bank employees and customers, whose safety and even lives are put at risk when a robber holds up a bank branch. In Indiana in the 1920s, bankers took the protection of their banks into their own hands.
The focus on racial and ethnic diversity as opposed to gender diversity is accelerating across the board.
Community banks in oil and gas towns grapple with the future of climate risk supervision.
While certain aspects of ESG are complex and sometimes controversial, many banks are finding that they can embrace investors’ interest in ESG factors.
The Community Development Financial Institutions Fund today opened its funding round for fiscal year 2022 funding for its small-dollar loan program.
In a recent op-ed, ABA’s vice chair pushes back at FHLB critics, saying the system plays a critical lender role in supporting the economy with liquidity in good times and bad.
The Federal Reserve, FDIC and OCC issued a much-anticipated joint notice of proposed rulemaking to modernize regulations implementing the Community Reinvestment Act.
At a Senate Judiciary Committee hearing, banking, credit card industry representatives and some lawmakers pushed back against proposals to expand interchange regulation to credit cards, arguing that the existing interchange fee limits imposed by the Durbin amendment more than a decade ago are hurting consumers.
In a letter to FHFA, ABA commented on the re-proposed update to standards that mortgage lenders would have to meet to sell loans to or service loans on behalf of Fannie Mae and Freddie Mac.
The ABA Foundation invites entries for the tenth annual Community Commitment Awards, which recognize and promote extraordinary bank commitment to communities and the innovative, high-impact programs that improve the quality of life for customers and the communities banks serve.