Community Banking

ABA Addresses Elder Financial Abuse at White House Conference

Financial institutions are "well-positioned" to take a proactive stance on preventing fraud and financial exploitation of seniors, ABA Board Member F. Scott Dueser -- who is chairman, president and CEO of First Financial Bankshares Inc., Abilene, Texas -- told White House Conference on Aging participants yesterday.

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ABA’s Abernathy Comments on Regulatory ‘Kudzu’

The Consumer Financial Protection Bureau’s reach is spreading and threatening to choke consumers’ access to small-dollar loans, ABA EVP Wayne Abernathy said in an opinion piece published in The Washington Times last week. “Much like planting kudzu in a rose garden, the unchecked spread of the consumer bureau threatens to smother when it tries to protect,” Abernathy wrote. He noted ...

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OCC: Credit, Compliance Risk Growing in 2015

Noting an environment of “high” credit, strategic, compliance and operational risk, the OCC outlined nine priorities for ongoing midsize and community bank supervision in its Semiannual Risk Perspective report released yesterday.

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Rep. Tipton Introduces ABA, Alliance-Backed Tailored Regulation Bill

Rep. Scott Tipton today introduced the TAILOR Act (H.R. 2896), which would require financial regulators to consider bank risk profiles and business models when taking regulatory actions. The bill -- a part of ABA’s Agenda for America’s Hometown Banks -- has been strongly advocated by ABA and the alliance of state bankers associations.

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