Here and Now: The Best of Times for Community Banking
Americans are eager for products and brands that are local, handcrafted, neighborly. This, Joshua Siegel writes, is an opportunity for community banks.
Browsing: Community Banking
FDIC’s Hoenig Adds Weight to Tailored Regulatory Approach
FDIC Vice Chairman Thomas Hoenig today became the latest regulator to emphasize the need to tailor regulations to suit banks’ risk profiles and business models, suggesting several ways that regulatory burdens could thus be lightened for “the vast majority of commercial banks.”
Fed Adopts ABA-Advocated Rule Expanding Small Bank Relief
The Federal Reserve yesterday adopted a final rule that expands the regulatory relief provided by its small bank holding company policy statement.
ABA Urges Bankers to ‘Tell Your Story’ to Congress
ABA yesterday urged bankers and state associations to ramp up their communications with members of Congress and “tell your story” when explaining why various legislative solutions are needed.
Curry Highlights Role of Banks in Stopping Elder Fraud
Banks play a critical role in identifying financial fraud and protecting their older customers against related losses, Comptroller of the Currency Thomas Curry said in a speech Friday in Washington, D.C. He noted that bankers are helping to flag elder fraud by filing Suspicious Activity Reports with the Financial Crimes Enforcement Network, as well as by enhancing training and improving marketing and education materials to raise awareness of fraud schemes.
Keating Reviews ABA Summit Highlights for Bank CEOs
The banking industry is already seeing positive results from ABA’s Government Relations Summit last week, ABA President and CEO Frank Keating said in an email to all bank CEOs today.