Newsbytes

ABA and the Georgia Bankers Association today released a new voter education ad thanking Sen. David Perdue (R-Ga.) for supporting...

Nasdaq Proposes Changes to Listing Roles to Promote Board Diversity

Nasdaq today filed a proposal with the Securities and Exchange Commission to adopt new rules for companies listed on the...

ABA Pushes for Guidance from CFPB on Innovation, Credit Access

In a comment letter to the CFPB filed late Tuesday, ABA offered feedback on ways to prevent credit discrimination under...

ADP: 307,000 Jobs Gained in November

The non-farm private sector added 307,000 jobs in November, according to the ADP National Employment Report. This follows a revised...

Powell, Mnuchin: Additional COVID-19 Fiscal Support Needed

In a Senate Banking Committee hearing on the coronavirus response today, Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven...

FDIC: Bank Profits Improve as Pandemic Persists; Community Banks See 10% Boost in Net Income

Community Banking

FDIC-insured banks and savings institutions earned $51.2 billion in the third quarter of 2020, a 10.7% decline from the year...

OCC Reduces Fee Schedule Rates by 3%

The OCC today announced that it will reduce the rates in all fee schedules by 3% as a result of...

Three Banks Added to ABAQ Index

Community Banking

The American Bankers Association added three banks to its Nasdaq Community Bank Index (ABAQ) today. The index now includes 309...

Manufacturing Sector Growth Continues in November

The ISM Manufacturing Index registered 57.5% in November, a decrease of 1.8 percentage points from the October reading of 59.3%....

Construction Spending Rate Increased in October