CFPB Releases State-by-State Scores for Financial Well-Being
The Consumer Financial Protection Bureau today issued a report providing state-by-state scores of financial well-being among consumers.
Newsbytes
Household Debt Continues to Increase
Outstanding household debt increased by 0.7% in the third quarter of 2019, rising by $92 billion to land at $13.95...
Consumers Give Bank Mobile Apps Top Marks in Morning Consult Survey
Ninety-five percent of respondents in a recent American Bankers Association/Morning Consult survey rated their bank’s online and mobile app experience...
ABA Chief Economist Sees Reason for Optimism Amid Challenges in Ag Sector
While the agricultural sector continues to face numerous challenges, “there’s a lot of optimism” among ag lenders looking ahead to...
Trade Groups Call on Congress to Grant Ex-Im Bank Long Term Authorization
ABA and BAFT—the association’s global transaction banking subsidiary—today joined several other trade groups in a letter to members of Congress...
Fannie, Freddie Transfer $102B in Credit Risk
Since the Federal Housing Finance Agency launched a credit risk transfer program for GSEs Fannie Mae and Freddie Mac in...
Community Bankers Flag CECL, Fintech as Top Concerns in Recent Interview
The Financial Accounting Standards Board’s current expected credit loss standard is among the top issues keeping community bank CEOs up...
ABA Survey: Credit Quality Tops List of Concerns for Ag Lenders in 2019
With the farm economy in the midst of a prolonged downturn, the primary concern among ag lenders in 2019 was...
New ABA Foundation Infographic Provides Tips to Protect Veterans from Scams
A new infographic from the American Bankers Association Foundation, Association of Military Banks of America and the Better Business Bureau...
Fed Proposes 18-Month Extension for Single-Counterparty Credit Limit Final Rule
The Federal Reserve Board on Friday issued a proposal to extend the deadline for its final rule limiting the amount...
