NYDFS: Climate Change Mitigation Activities May Qualify for State CRA Credit
In a letter to industry earlier this week, the New York Department of Financial Services confirmed that banks may receive...
Policy
ABA Condemns Latest NCUA Proposal to Loosen Credit Union Field of Membership Rules
The American Bankers Association today strongly opposed a proposal by the National Credit Union Administration that would expand the definition...
ABA Joins Housing, Civil Rights Groups Calling for Homeowner Aid
The American Bankers Association yesterday joined a broad coalition of housing and civil rights organizations in a letter urging lawmakers...
SBA Report: $101 Billion in PPP Loans Approved in 2021
Since the start of the year to Feb. 7, the Small Business Administration has approved 1.3 million loans totaling $100.9...
SBA Issues Updates on PPP Processing Fees, EIDL Advance Reconciliation Payments
The Small Business Administration tonight issued an updated procedural notice regarding the reporting process through while lenders report on Paycheck...
House, Senate Name Ag Committee Chairs, Ranking Members
Rep. David Scott (D-Ga.) will serve as chairman of the House Agricultural Committee for the 117th Congress, with Rep. Glenn...
ABA, Financial Trade Groups Support Customer Access, Sharing of Financial Records
ABA and a coalition of financial trade associations today voiced their support for allowing customers to access financial records and...
SEC Seeks Feedback on Improving Resilience of Money Market Funds
The Securities and Exchange Commission is seeking feedback on potential ways to improve the resilience of money market funds in...
Fed’s Bowman to Keynote Conference for Community Bankers
Federal Reserve Governor Michelle Bowman—who holds the seat on the Federal Reserve Board designated for an individual with community banking...
ABA, Trade Groups Push for COVID-19 Liability Protections
ABA joined more than 580 trade associations representing a broad range of industries in a letter yesterday urging members of...
