Browsing: Community Banking

Community Banking

In remarks at yesterday’s Economic Growth and Regulatory Paperwork Reduction Act outreach meeting in Arlington, Va., Federal Reserve Governor Daniel Tarullo pointed to the possibility of changing the Basel III capital calculations and reporting to minimize the burden on highly-capitalized community banks — as ABA has long advocated.

Ag Banking

A group of senators and representatives today issued a reconciled version of a long-term highway funding bill that includes a modified but still substantial cut to the dividends paid on the Federal Reserve Bank stock that national banks and other Fed member banks are required to hold.

Community Banking

New Hampshire Bankers Association President and CEO Christiana Thornton authored an op-ed in the New Hampshire Union Leader yesterday calling for the Senate to pass S. 1484, Sen. Richard Shelby’s regulatory reform bill.

Community Banking

By a bipartisan 255-174 vote, the House today passed H.R. 1210, which would designate all mortgage loans that institutions originate and hold in portfolio as Qualified Mortgages and thus subject to the safe harbor provisions of the Ability-to-Repay Rule.

Community Banking

In his first official communication to bank CEOs, ABA’s Rob Nichols on Friday stressed the urgent need for regulatory relief and encouraged bankers to join ABA in going all-out to see legislation enacted by year-end. “The overregulation of banking is unsustainable and poses a real and present danger to communities across the country,” Nichols said.

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