State bankers associations: Pending credit union legislation is inappropriate, ineffectual
Fifty-one state bankers associations wrote to lawmakers opposing the credit union industry’s “unnecessary” charter enhancement efforts as part of The...
Community Banking
Podcast: How donor-advised funds fit into bank strategy
Often described as "charitable savings accounts" or "charitable checkbooks," donor-advised funds are one of the fastest-growing charitable vehicles. Evan Sparks...
Banks awarded for increased investment in distressed communities
The Treasury Department’s Community Development Financial Institutions Fund today awarded $26 million to 158 FDIC-insured banks through the fiscal year...
99% of FDIC Supervised Banks Rated Satisfactory or Better for Consumer Compliance
The FDIC said today that 99% of the banks it supervises were rated satisfactory or better for consumer compliance and...
ABA to Congress: Don’t Restrict Overdraft Services Consumers Value
In a statement for the record of a House Financial Services Committee hearing tomorrow, the American Bankers Association urged lawmakers...
Podcast: Breaking Ground as a Community Bank Chief Diversity Officer
While many larger banks have created "chief diversity officer" roles over the past several years, that role has been more...
New FDIC Reports Chart Continued Effect of Pandemic on Banks
Two reports released today by the FDIC provide data on consumer lending, deposit rates and branch closures in the wake...
New Mississippi Law Limits State-Chartered Bank M&A to Other FDIC-Insured Banks
Under a new law signed by Mississippi Gov. Tate Reeves, only FDIC-insured banks can acquire or merge with Mississippi-chartered state...
Podcast: Step-by-Step IT Transformation at a Community Bank
At a community bank with limited staff and resources, tech transformation is all about setting priorities.
ABA Raises Concerns With Treasury’s Emergency Capital Investment Program
The American Bankers Assocaition raised concerns today regarding documentation for the Treasury Department’s Emergency Capital Investment Program, a program aimed...
