Amid Resilience, FSB Focusing on Low Rates, Digital Disruption
The global financial system is resilient, with large banks much better capitalized, less leveraged and more liquid, according to the...
Policy
Tax Foundation: Credit Union Tax Exemption ‘Not Justifiable’
The credit union industry has strayed from its original tax-exempt purpose and its tax exemption can no longer be justified,...
Military Times Op-Ed Calls for Level Playing Field for Banks, CUs on Military Bases
Banks and credit unions should receive the same treatment when operating on military bases, American Bankers Association President and CEO...
Consumer Lending Group Warns: CECL Could Seriously Limit Credit Availability
As the Financial Accounting Standards Board prepares to vote this week on a delay of the CECL accounting standard for...
ABA: SA-CCR Proposal Could Lead to Higher Costs for Commercial End-Users
The federal banking regulators’ standardized approach for counterparty credit risk proposal, or SA-CCR, could have unintended consequences for commercial end...
Podcast: Dan Robb on Standing Up for Banking
"Our customers are our most valuable asset," says Dan Robb, president and CEO of Jonesburg State Bank. "When we see...
California Enacts Bill Allowing Local Governments to Charter Banks
California Gov. Gavin Newsom yesterday signed A.B. 857, a bill that provides a pathway for local government entities in the...
CFPB Names New Members to Community Bank Advisory Council
The Consumer Financial Protection Bureau today announced the appointment of new members to its Community Bank Advisory Council.
McWilliams Outlines FDIC Steps to Strengthen Minority Banks
The FDIC is updating examiner instructions to help strengthen minority depository institutions, FDIC Chairman Jelena McWilliams said today in Washington.
McWilliams: Core Processors ‘Must Evolve’
Highlighting consumer demand for seamless digital delivery of financial services, FDIC Chairman Jelena McWilliams today emphasized the role of core...
