Prepare for investors’ questions on diversity
The focus on racial and ethnic diversity as opposed to gender diversity is accelerating across the board.
Browsing: Community Banking
When climate risk comes home
Community banks in oil and gas towns grapple with the future of climate risk supervision.
Community banks have a good ESG story to tell
While certain aspects of ESG are complex and sometimes controversial, many banks are finding that they can embrace investors’ interest in ESG factors.
CDFI Fund now accepting applications for small-dollar lending program funds
The Community Development Financial Institutions Fund today opened its funding round for fiscal year 2022 funding for its small-dollar loan program.
ABA vice chair: Don’t mess with FHLB system’s success
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.
Agencies propose highly anticipated CRA overhaul
The Federal Reserve, FDIC and OCC issued a much-anticipated joint notice of proposed rulemaking to modernize regulations implementing the Community Reinvestment Act.
Senate hearing rekindles debate over Durbin amendment
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.
ABA comments on FHFA’s re-proposed eligibility standards for enterprise single-family seller/servicers
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.
ABA Foundation invites applications for 10th annual Community Commitment Awards
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.
FDIC names new community banking committee members
The FDIC has appointed seven new members to its Advisory Committee on Community Banking. Twelve of 19 on the panel are with ABA member banks.