OCC’s Hsu: Improving CRA Is Urgent
Acting Comptroller of the Currency Michael Hsu said he “feels the urgency” to modernize the Community Reinvestment Act regulations as soon as possible.
Browsing: Community Banking
How a Community Bank Launched a Retail Crypto Platform
Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market. Vast Bank recently became the first nationally chartered, FDIC-insured bank to offer crypto banking.
FDIC: Bank Profits Increase in Second Quarter
FDIC-insured banks and savings institutions earned $70.4 billion in the second quarter of 2021, a 281% increase from a year before at the height of the COVID-19 pandemic, the FDIC reported today in its Quarterly Banking Profile.
When the Truth About Credit Unions Hits Close to Home
The unequal tax treatment of credit unions is driving acquisitions of community banks—making it more attractive in many instances for a bank to choose a credit union as its buyer.
Treasury Announces New Markets Tax Credit Recipients
The Treasury Department’s Community Development Financial Institutions Fund today announced the recipients of $5 billion in new markets tax credits to spur investment in low-income urban and rural communities.
Morning Consult: One in 10 Adults Don’t Have Checking, Saving Account
One in 10 adults say they do not have a checking or savings account, according to new research released by Morning Consult.
Learning Pods: Not Just for Kids
Not even the pandemic could stop this group of Stonier students from experiencing safe, in-person learning community.
Generating Returns from C&I Loans
Community banks look to the senior loan market for solutions to liquidity, competition, yield and growth.
Survey: Debit Transactions Decline for First Time on Record
In response to the COVID-19 pandemic, the number of debit transactions declined 2.5% in 2020, the first dip in the 16-year history of the Pulse debit issuer survey released today.
Cultivating Organic Growth
A game plan for entering new geographic markets—without doing M&A.