Texas Bankers Foundation reopens flood relief fund following severe storms
The Texas Bankers Foundation has reopened its Flood Relief Fund to support Texas communities affected by the severe storms and...
Newsbytes
FDIC issues relief guidance for banks serving tribes in Arizona, Montana affected by severe weather
The FDIC has released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas...
Preliminary: Consumer sentiment increased 4.9 points in July
Consumer sentiment increased 4.9 points month-over-month in July to 54.4, but still down 7.3 points from one year ago, according...
Industrial production edged up 0.1% in June
Industrial production edged up 0.1% in June and grew at an annual rate of 4% in the second quarter.
ABA DataBank: Stock market and oil volatility diverge
Given an increase in geopolitical uncertainties, crude oil volatility is on an upward trend.
Housing starts increased 19% in June
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1.427 million, which was 19% above the...
ABA, associations seek agency alignment on Genius Act implementation
The National Credit Union Administration should coordinate with the banking agencies to ensure that Genius Act implementation is substantially similar...
ABA: OCC policy changes create uncertainty about minority deposit institution status
In a new letter, ABA cited several concerns about the OCC’s recent revisions to its standards for designating minority deposit...
Banking agencies promise new approach for handling sensitive information
The Federal Reserve, FDIC and OCC announced a “coordinated approach” for handling sensitive information used in bank examinations, including a...
ABA, state bankers associations urge House leaders to support Main Street Capital Access Act
A proposed bill to tailor bank regulation and boost de novo bank formation would promote economic growth in communities across...
