Fed’s Barr says ‘broad’ changes coming to Basel III capital proposal
Federal Reserve Vice Chairman for Supervision Michael Barr said that regulators expect “broad and material” changes are coming to the...
Newsbytes
First Independence Bank’s Kelly named MBA Banker of the Year
The Michigan Bankers Association recently named Kenneth Kelly, chairman and CEO of First Independence Bank, as the recipient of the...
Bank survey: Family-owned businesses more optimistic in 2024
Family-owned businesses have grown increasingly optimistic regarding their strength and are focused on recruiting and retaining employees, according to a...
ABA, associations oppose bill to expand the Telephone Consumer Protection Act
ABA joined the U.S. Chamber of Commerce and 13 other trade associations in opposing legislation that would make it more...
Existing home sales increased 9.5% in February
Existing-home sales surged 9.5% in February to a seasonally adjusted annual rate of 4.38 million, according to the National Association...
ABA: Farm bank lending increased to $110 billion in 2023
Agricultural loan demand increased in 2023 and agricultural lending by U.S. farm banks grew 6.7% to $110.0 billion, according to...
FDIC proposes to expand criteria for bank merger evaluations
The FDIC will pursue potential changes to how the agency will evaluate bank merger applications, including broadening the number of...
FHFA officials discuss equitable housing plans, new credit score models
FHFA will have data on the Vantage score 4.0 model out by the middle of this year and the FICO...
FOMC once again leaves rates unchanged
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25% to 5.5%.
Sen. Tester: Slashing debit interchange fee cap would hurt small banks
A Federal Reserve proposal to revise Regulation II to cut debit card interchange fees by as much as 30% would...
