FinCEN issues statement on due diligence for independent ATM owners, operators
The Financial Crimes Enforcement Network issued a statement reminding banks of how to apply a risk-based approach to conducting customer...
Newsbytes
Banking groups cry foul after FDIC abruptly closes OSA, reinstates SARC
ABA and five other banking trade groups this week shared their concern with the FDIC’s decision to eliminate the recently...
Jackson recognized with Distinguished Service Award
Lawrence “L. Ray” Jackson, former FDIC deputy regional director for the division of depositor and consumer protection in the Chicago...
FDIC proposes significant increases in deposit insurance assessments
The FDIC today signaled an intent to aggressively raise deposit insurance assessment rates, proposing a two basis-point increase beginning in...
ABA and FBA ad urges Sen. Rubio to keep fighting for small businesses
Groups appreciate Sen. Rubio’s PPP support, ensuring Florida families and businesses had the relief they needed during the pandemic.
ABA, trade groups support Senate Finance Committee’s EARN Act
The proposed legislation includes a number of provisions that would facilitate the establishment and administration of retirement plans.
Existing home sales decrease in May
Existing-home sales fell 3.4% in May to a seasonally adjusted annual rate of 5.41 million, according to the National Association...
ABA calls for significant changes to SEC climate risk disclosure framework
Warning that the agency is going far beyond its mandate, the American Bankers Association today week urged the Securities and...
Fed report: Banks resilient in face of financial market pressures
Financial market stresses do not appear to have exacerbated the negative effects on broader economic activity or created substantial pressure...
Industrial production increases in May
Industrial production increased 0.2% in May after increasing 1.4% in April. Total industrial production in May was 5.8% higher than...
