Kansas City Fed economist: Bank On may have reduced unbanked rates
An increase in the number of financial institutions offering Bank On-certified accounts may have contributed to the decline in unbanked...
Community Banking
Bankers urge lawmakers to ease regulatory hurdles for de novo bank formation
The founders of two de novo banks shared with lawmakers the challenges of launching a new financial institution in the...
House committee advances tax package with ABA priorities
The House Ways and Means Committee voted along party lines to advance a federal budget reconciliation tax package that includes...
ABA urges lawmakers to lift regulatory barriers to bank merger, de novo formation
Narrow supervisory standards, inconsistent approval timelines and other regulatory impediments are limiting new bank formation and leading to further consolidation...
Directors Briefing: Millbury National Bank marks 200 years of independence with CEO transition
“Millbury National has always been about serving our community, and that will never change.”
Chickasaw Banc Holding to buy Oklahoma Heritage Bank
Chickasaw Banc Holding in Oklahoma City has agreed to buy Oklahoma Heritage Bank in Ada.
Federal budget reconciliation tax package includes ACRE Act, other ABA priorities
Congressional leaders unveiled a federal budget reconciliation tax package that contains several banking industry priorities, including language to expand access...
Report: Republicans push back against proposed cuts to CDFI Fund
Several congressional Republicans say they do not support a proposal by President Trump to redirect funds away from the CDFI...
Podcast: Accelerating banking for quick-service restaurants
As independently owned and operated small businesses, fast-food restaurant franchisees have unique business needs. They have mobile and often part-time...
OCC rolls back controversial bank merger review rule
OCC issued an interim final rule restoring its streamlined process for reviewing bank merger applications and rescinding other changes criticized...
