As head of ABA’s midsize bank peer group, John Hairston explains why America’s communities need banks of all sizes.
Browsing: Midsize banks
Only a bank can serve as the financial bedrock for vibrant communities, U.S. Bancorp Chairman and CEO Richard Davis wrote in a Wall Street Journal essay yesterday.
The largest nationwide retail banks have recently made gains in overall consumer satisfaction, according to a J.D. Power study released yesterday.
Nearly 30 CEOs from the American Bankers Association’s American Bankers Council — which represents midsize banks in the $4-110 billion asset range — will convene in Washington, D.C., today for two days of meetings with top regulators and lawmakers.
ABA today filed its fourth and final comment letter in response to the decennial EGRPRA regulatory burden review that the federal banking agencies must conduct. The letter addressed several issues that ABA identified through collaboration with banks of all sizes and from across the country.
Nearly 50 CEOs and senior executives from ABA’s American Bankers Council — which represents midsize banks in the $7-80 billion asset range – met yesterday in Washington, D.C., for meetings with top regulators and lawmakers.
For bankers in the $7-10 billion asset range, their slightly larger peers have a clear message: get ready now.
Mid-sized banks have begun reporting the public results of their Dodd-Frank Act-mandated stress tests and disclosures will continue through the end of the month.
With results from the Dodd-Frank Act-mandated stress tests for banks with $10-50 billion in assets set to be publicly disclosed for the first time later this month, the federal banking agencies yesterday issued a statement intended to place the disclosures in context.