Stewart Praises Banks’ Work in COVID-19 Response, Racial Justice
Outgoing ABA Chair Laurie Stewart praised the work bankers have done in the last six months distributing Paycheck Protection Program loans as the coronavirus spread.
Browsing: Community Banking
Nichols Urges All Banks to Offer ‘Bank On’ Certified Accounts
To help reduce the number of unbanked Americans, ABA President and CEO Rob Nichols today urged all banks to offer a Bank On-certified account.
Banking 2020: Expect the Unexpected
There’s no one webinar we can take to help us sift through the confusing effects of the virus. There’s no BankExec simulation for civil unrest. Responding well to crises starts long before the moment of crisis.
Brainard Highlights CRA Reform Proposals for Minority Banks
Speaking to the National Bankers Association, Federal Reserve Governor Lael Brainard today highlighted four new provisions specific to minority depository institutions in the Fed’s recent Community Reinvestment Act modernization proposal.
Podcast: Building Financial Confidence Through Emergency Savings
For bank customers, what’s in (or isn’t in) a bank account can be a source of anxiety. By contrast, says Brian N. Ford, “our research shows that when you have a fully funded account and it’s in the right place, a tremendous amount of confidence will come into your life, regardless of if an emergency ever happens to you in the future.”
Putting the ‘Community’ into Community Banking
Banks contribute to their communities and local organizations in ways that matter a lot during the pandemic.
Agencies Finalize Temporary Changes to CLBR
The OCC, the Federal Reserve and the FDIC have adopted a final rule that codifies temporary changes to changes to the community bank leverage ratio and addresses the transition process for banks using the CBLR framework.
Is Banking on Lawyers a Formula for Success?
Lawyers now occupy seats on three-quarters of U.S. bank boards, and new evidence suggests their rapid rise is linked to improved risk management and increases in bank valuation.
For Community Banks, COVID-19 Brings Existential Concerns to Fore
Business conditions were most often called the single biggest challenge facing community banks, according to an annual survey released yesterday by the Conference of State Bank Supervisors.
ABA Salutes Women Bank Execs Atop ‘Most Powerful,’ ‘Women to Watch’ Lists
The American Bankers Association today congratulated the women named to American Banker Magazine’s “Most Powerful Women in Banking,” “Women to Watch in Banking” and “Most Powerful Women in Finance” lists for 2020.