Bipartisan group of lawmakers: Lowering debit fees could harm financial inclusion
A Federal Reserve proposal to lower debit interchange fees could make Bank On-certified accounts too costly for banks to offer ...
Tag: Financial inclusion
From triple threat to total impact
Regulations' cumulative effect on basic banking services.
ABA, associations: Agencies must consider regulations’ effects on financial inclusion
As part of a national strategy to promote financial inclusion, policymakers should require banking agencies to consider the effects of ...
Podcast: Getting the GSEs’ transition to new credit scores right
The multiyear effort to change the credit scoring models required by Fannie Mae and Freddie Mac continues to move forward, ...
Podcast: MDI status helps a mutual bank supercharge its strategy
Late in 2023, Warsaw Federal -- a $71 million mutual savings and loan in Cincinnati -- was officially designated as ...
Treasury Department seeks public comment on financial inclusion strategy
The Treasury Department is seeking public comment to inform the development of a national strategy for financial inclusion.
Podcast: The bank policy outlook for 2024
From the Basel III endgame to Regulation II to new Community Reinvestment Act and Section 1071, 2023 has delivered a ...
Fed’s Bowman: Financial inclusion isn’t a one-size-fits-all issue
"No entity or group of financial institutions alone can solve the challenge of creating a more inclusive financial system," said ...
ABA Foundation: Bankers reach 1.2 million people with financial education programs
The ABA Foundation announced this week that roughly 33,000 bank volunteers from 800 banks have reached more than 1.2 million ...
Podcast: Building trust by bringing the bank into the workplace
"When we're able to take banking to them, at a place where they already have trust with their employer, that's ...
