ABA offers enhancements for proposed extended bank exam schedule
In a letter to banking agencies, ABA expressed support for the implementation of a new law expanding the number of...
Newsbytes
Producer price index increased 1.3% in September
The Producer Price Index for final demand increased 1.3% in September, seasonally adjusted, according to the U.S. Bureau of Labor...
Retail sales excluding gas edge up for the month
This month's retail sales report highlights the continued resilience of consumers despite inflationary pressures weighing on purchasing power.
Robertson, Boyer receive Distinguished Service Awards for AML/CFT and fraud management
ABA announced that Rebecca “Becky” Schauer Robertson at Blue Ridge Bank and Karen Boyer at M&T Bank have received the...
OCC releases report on alleged ‘debanking’ by large banks
The OCC placed much of the blame on “inexact” reputational risk policies: “This practice infused the value judgments of stakeholders...
Illinois to appeal interchange ruling
The Illinois Attorney General’s Office plans to appeal a court injunction preventing the state from enforcing the Illinois Fee Prohibition...
ABA DataBank: CPI inflation accelerated in September
The ABA Office of the Chief Economist believes that the hot CPI reading in September shows no alleviation of the affordability pressures...
Pirro urges bankers to work closely with law enforcement to stop scams
U.S. District Attorney for D.C. Jeanine Pirro urged bankers to be “proactive” and work closely with law enforcement to fight...
ABA, state bankers associations offer recommendations for CRA rules revisions
As banking agencies consider amending the regulations that implement the Community Reinvestment Act, they should preserve the broader framework while...
Report: Investments make up majority of health savings account assets
Health savings accounts held nearly $192 billion across 42.6 million accounts as of June 30, with investments now making up...
