The FDIC today announced the appointment of seven new members to its Advisory Committee on  Community Banking.

The Conference of State Bank Supervisors announced today that it will create a new index of community banker sentiment.

Community bank locations have remained present in rural markets at roughly the same rate over the past two decades, even as consolidation means that bank headquarters have closed in many of these markets, Federal Reserve Vice Chairman for Supervision Randal Quarles said today at an industry event in St. Louis.

Under a major new transparency initiative, the FDIC will publish key performance metrics on its website, agency chairman Jelena McWilliams said today.

After years of steadily increasing as new regulations were implemented, compliance costs at community banks are finally coming down, according to a survey released today by the Federal Reserve and the Conference of State Bank Supervisors.

Financial regulators will issue by year-end their proposal exempting highly capitalized community banks from the Basel III capital calculations, as directed by S. 2155, FDIC Chairman Jelena McWilliams told members of the Senate Banking Committee today.

Banks lend significantly more to small businesses than is captured by commonly used proxies, according to a major FDIC study released today.

The ABA nominating committee -- chaired by Dorothy Savarese, chairman, president and CEO of Cape Cod Five Cents Savings Bank, Orleans, Mass. -- has selected a slate of candidates for the association’s board of directors.

The Federal Home Loan Banks awarded approximately $398.7 million in affordable housing program funds in 2017, an 8 percent increase from the year prior, according to a report released today by the Federal Housing Finance Agency.

In an American Banker op-ed today, ABA EVP Wayne Abernathy and VP Hugh Carney explain why it’s time for regulators to assess and calibrate capital requirements for banks of all sizes.