More than 14,000 bankers from 774 participating banks will host financial education events today and throughout April as part of today’s Teach Children to Save Day activities.
Browsing: Community Banking
Excessive regulation is keeping people from starting new banks, A. Scott Anderson said in a Deseret News op-ed published today.
Joined by 29 bipartisan cosponsors, Reps. Lynn Westmoreland (R-Ga.) and Carolyn Maloney (D-N.Y.) yesterday introduced H.R. 1941, which would help address ongoing concerns about the lack of consistency and quality in the bank examination process.
In conjunction with his visits this week with bankers in North Dakota, ABA President and CEO Frank Keating yesterday discussed the practical implications of excessive regulation for bank customers on Fargo’s KFGO radio station.
The dearth of bank startups in recent years may have something to do with declining business dynamism and weak job growth, Frank Keating wrote in an op-ed in The Hill on Friday.
Americans are eager for products and brands that are local, handcrafted, neighborly. This, Joshua Siegel writes, is an opportunity for community banks.
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.”
The Federal Reserve yesterday adopted a final rule that expands the regulatory relief provided by its small bank holding company policy statement.