ABA, BPI Seek Greater Clarity from Regulators’ Proposed CECL Policy Statement
ABA and the Bank Policy Institute today offered feedback to the financial regulatory agencies on a recently proposed policy statement...
Newsbytes
Agencies Release 2018 CRA Data on Small Biz, Community Development Lending
The federal banking agencies today released 2018 Community Reinvestment Act data on small business, small farm and community development lending....
N.Y. Fed: Credit Approval Rates Rise in 2019
Individuals who have applied for credit reported higher approval rates in 2019 than in 2018, according to the Federal Reserve...
CFTC Proposes Relief from Swaps Clearing Requirements
The Commodity Futures Trading Commission last week issued a proposal intended to provide relief for market participants from the swaps...
ABA, Trade Groups to Agencies: Hold Call Report Changes Pending CRA Modernization, Section 1071
ABA, joined by the Bank Policy Institute, Consumer Bankers Association and the Independent Community Bankers of America, today called on...
ABA Welcomes 18-Month Extension for SCCL Final Rule
ABA today welcomed the Federal Reserve’s proposal for an 18-month extension of the compliance date for limits on the amount...
ABA Data Bank: Fed Expects to Hold on Rates in 2020
At its final meeting of 2019, more than three-quarters of Federal Open Market Committee participants expected no rate hikes in...
OCC, FDIC Propose New Regulatory Framework for CRA
The OCC and the FDIC today proposed major changes to the regulations implementing the Community Reinvestment Act.
FDIC Budget, Headcount to Decrease in 2020
The FDIC board today approved a $2.02 billion agency operating budget for 2020, down 1.3% from the 2019 budget.
J.D. Power: TD Bank Receives Top Customer Rating Among Nationwide Banks
TD Bank received the highest customer satisfaction rating among eight nationwide banks, scoring 851 out of 1,000, according to a...
