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...
Newsbytes
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...
FDIC issues regulatory relief guidance for Alaska
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of...
Sen. Britt concerned about ‘aggressive’ regulatory agenda
Speaking at the 2024 ABA Washington Summit, Sen. Katie Britt (R-Ala.) expressed concern about the “aggressive agenda” being pushed by...
Rep. Gottheimer optimistic that changes coming to capital standards proposal
Rep. Josh Gottheimer (D-N.J.) said he was encouraged by Federal Reserve Chairman Jerome Powell’s recent comments that there will likely...
ABA survey finds consumers satisfied with debit cards, overdraft services
Consumers are happy with their debit cards and think the government should leave the debit card payment system alone, and...
The Points Guy on the Credit Card Competition Act: ‘It’s ridiculous’
The new routing mandate would reduce the revenue that banks receive for processing credit card transactions, forcing banks to reduce...
