Building a robust fair lending program and demonstrating compliance is not easy, but merely avoiding unlawful credit discrimination doesn’t need to be the ultimate goal. Here are ways for compliance professionals to promote equity and financial inclusion.
Harnessing a multichannel approach will champion your bank’s purpose and vision to benefit your clients, your advisers and the world.
Nasdaq today filed a proposal with the Securities and Exchange Commission to adopt new rules for companies listed on the stock exchange that would require them to “publicly disclose consistent transparent diversity statistics regarding their board of directors.”
A community bank finds multiple ways to build relationships across a diverse region.
Does your bank board mirror your market? Mounting pressure for banks to better reflect their communities is prompting banks to rethink director recruitment.
For many small businesses, whose owners spend on consumer credit cards and put up personal assets as collateral, the distinction between retail and business banking is blurry. Detra Miller, a veteran of M&T Bank’s retail side, noticed this when working with female and non-white entrepreneurs.
After a long career as a commercial banker in St. Louis, more than a decade ago Alex Fennoy joined Midwest BankCentre. He helped transform the community bank into one that has won awards—including a 2019 ABA Foundation Community Commitment Award—for its responsiveness to local needs.
Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so that’s what Southern Bancorp focuses on in its home Mississippi and Arkansas Delta region, one of the nation’s poorest.
ABA today announced that it has hired Jasmine Cooper as its new vice president of internal diversity, equity and inclusion.
The American Bankers Association today congratulated the women named to American Banker Magazine’s “Most Powerful Women in Banking,” “Women to Watch in Banking” and “Most Powerful Women in Finance” lists for 2020.