ABA invites entries for the 2015 Community Commitment Awards, which recognize and promote the essential role banks play in their communities.
Responding to draft Basel Committee guidance on bank examination procedures for accounting for expected credit losses, ABA cautioned the committee that regulatory expectations must be proportional to the size and sophistication of individual banks.
Speaking at an industry event in Washington, D.C., today, Federal Reserve Governor Daniel Tarullo floated an idea originated by ABA and the state bankers associations to relieve compliance burdens associated with capital rules. “One idea I have heard is to allow smaller community banks to opt into a simpler set of risk-weighted capital requirements in
Personal income increased $6.2 billion, or less than 0.1 percent in March, according to the Bureau of Economic Analysis—a sharp decline from February’s estimate.
BAFT, the international financial services association that is an ABA subsidiary, today joined the Financial Services Roundtable in urging Congress to reauthorize the U.S. Export-Import Bank before its charter expires at the end of June.
The federal financial agencies, along with the regulator of Fannie Mae and Freddie Mac, today finalized minimum requirements for state supervision of appraisal management companies.
Despite a promising proposal, the National Credit Union Administration today walked back somewhat from its plan to rein in expansive fields of membership for credit unions.
The federal banking agencies today released their 2015 guide to collecting and reporting Community Reinvestment Act data, which covers the nuts and bolts of CRA reporting compliance.
The Federal Reserve and Consumer Financial Protection Bureau will hold their fifth and final webinar in their series on the TILA-RESPA integrated disclosures on May 26 at 2 p.m. EDT.
The OCC reported today that the loan growth rate continued to accelerate in the nine-state Southern District, which spans from Texas to Georgia, growing to 8 percent in 2014 from 4 percent in 2013.