ABA to Congress: Delay CECL, Study Before Implementation
The projected effects of the Financial Accounting Standards Board’s Current Expected Credit Loss model for loan loss accounting are significant...
Policy
FDIC Launches Initiative to Encourage De Novo Formation
The FDIC formally launched its highly anticipated initiative to foster de novo bank formation.
FDIC’s McWilliams: De Novo Activity ‘Not Where It Should Be’
Addressing the shortage of de novo banks in the U.S. over the past several years, FDIC Chairman Jelena McWilliams today...
McWilliams: ‘Everything on Table’ for FDIC Exam Appeals Process
As part of her efforts to bring greater transparency to the FDIC, Chairman Jelena McWilliams is “looking to strengthen the...
A Fresh Perspective
With a powerful personal story and real-world banking experience, Jelena McWilliams is shaking up the FDIC.
Postal Reform Task Force Frowns on Postal Banking
The U.S. Postal Service should not move into “postal banking” with new financial services offerings, according to a report issued...
Nichols Outlines 2019 Policy Goals on Bloomberg
In a live interview on Bloomberg today, ABA President and CEO Rob Nichols outlined three key policy priorities that ABA...
Federal Report Urges Greater Access to HSAs
Congress should expand consumers’ abilities to benefit from health savings accounts, according to a report issued today by the Departments...
ABA: Credit Union Appraisal Proposal Would Create Inconsistent Regulatory Standard
A recent proposal by the National Credit Union Administration to raise the threshold at which credit unions must obtain appraisals...
FinCEN, Banking Agencies Encourage Innovation in AML/BSA Compliance
The banking agencies, along with the Financial Crimes Enforcement Network, today issued a statement encouraging banks to consider, study and...
