Banking Agencies Release Guide on Fintech, Community Bank Partnerships
The federal banking agencies today released a guide to help community banks asses risks when considering partnerships with fintech companies.
Browsing: Community banking
FDIC’s McWilliams Touts Agency’s Forward Looking Initiatives
Despite the pandemic, the FDIC has not lost sight of its forward-looking initiatives, FDIC Chairman Jelena McWilliams said today during the Texas Bankers Association annual convention.
Generating Returns from C&I Loans
Community banks look to the senior loan market for solutions to liquidity, competition, yield and growth.
Career Profile: From Bank Marketing to Chief Diversity Officer
Bank marketing skills and experience can inform and inspire professionals to take on new leadership challenges.
JPMorgan Chase Survey: 88% of Business Leaders Optimistic About Next Six Months
Eighty-eight percent of midsize business leaders are optimistic about their company’s performance in next six months, up significantly from 56% one year ago and the highest percentage recorded in 11 years of JPMorgan Chase’s Business Leaders Outlook Pulse survey, the bank said yesterday.
Fed: CECL Tool for Community Banks to Launch July 15
The Federal Reserve today said it plans to launch a new tool, the Scaled CECL Allowance for Losses Estimator, or SCALE, to help community banks implement the current expected credit loss standard.
Three Banks Added to ABAQ Index
The American Bankers Association added three banks to its Nasdaq Community Bank Index (ABAQ) today. The index now includes 301 community banks with a combined market cap of $309.8 billion.
FDIC: Bank Profits Strong in First Quarter Amid Economic Recovery
FDIC-insured banks and savings institutions earned $76.8 billion in the first quarter of 2021, a 315.3% increase from a year ago, the FDIC reported today in its Quarterly Banking Profile.
Morning Consult: Banks Most Trusted Among Financial Providers
Banks and credit unions are the most trusted financial institution, according to a new survey released this morning by Morning Consult, with 61% of consumers saying they “naturally trust banks.”
ABA Foundation Invites Applications for Annual Community Commitment Awards
The ABA Foundation invites entries for the ninth annual Community Commitment Awards, which recognize and promote extraordinary bank commitment to communities and the innovative, high-impact programs that improve the quality of life for customers and the communities banks serve.