ABA Banking Journal
December 3, 2021

This ABA Banking Journal newsletter is a free, twice-monthly supplement to the ABA Banking Journal magazine intended to help you stay on top of industry and policy news. You can also stay abreast of banking news by visiting aba.com/BankingJournal, home to ABA Daily Newsbytes stories, digital exclusives, the ABA Banking Journal Podcast and more.

Industry News
Podcast: Top Trends in Trust Services for Banks
How is the trust services sector positioning itself to serve the next generation of wealth clients?
 
Protecting Your M&A Investment with Smart Communications
The imperative of leveraging required regulatory communications to create positive customer experiences and marketing opportunities.
 
Beige Book: Economic Activity Grows Moderately, Held Back by Supply Chain Issues
Economic activity grew at a moderate pace from early October to mid-November, but some parts of the country reported constrained growth, despite strong demand due to supply chain disruptions and labor shortages, according to the Federal Reserve’s eighth Beige Book release of the year.
 
Data Center, Inc. (DCI)
Western Union Business Solutions
Four Best Practices for Advancing Bank Cybersecurity Programs for the Cloud Age
Effective cybersecurity practice means new focuses and a new culture for a digital age.
 
ABA Adds 11 Banks to ABAQ Index
ABA has added 11 banks to its Nasdaq Community Bank Index (ABAQ). The index now includes 288 community banks with a combined market cap of $273.7 billion. 
 
Millennial Branch Managers as Business Developers
Three coaching elements to enhance millennial branch managers as business developers.
 
Jack Henry & Associates, Inc.®
Evolve and Adapt to Your Customers' Needs With Innovative Technology
For generations, banks have remained at the center of people’s financial lives. As technology continues to progress, evolving and adapting with that technology is critical to your institution’s success. Your customers need you to understand their needs and guide them with individualized digital experiences. By doing so, you’ll not only deliver an exceptional customer experience but strengthen connections with your customers, too.
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Policy News
ABA, State Associations Call for Inclusion of Cannabis Banking Bill in NDAA
The American Bankers Association and 51 state bankers associations urged Senate leadership to include the SAFE Banking Act in the upcoming National Defense Authorization Act.
 
Nichols Comments on Political, Cyber Risks Facing Banks
Speaking on a virtual panel at FT Live’s Global Banking Summit, ABA President and CEO Rob Nichols addressed top risks and challenges facing the banking industry, including the shifting regulatory and policy environment. 
 
NCUA Approves Field of Membership Rule
The National Credit Union Administration unanimously approved—with changes—a final rule expanding field of membership requirements for multiple common bond federal credit unions.
 
Wolters Kluwer Financial Services
Capco
ABA Pushes For SBA Ban on Making Direct Loans Through 7(a) Program
ABA recently wrote in support of H.R. 6037, legislation that would prohibit the Small Business Administration from directly making loans under the 7(a) loan program.
 
Fed: Banking System Conditions Improved in 2021 as Banks Remain Strong
The financial condition of the banking system remained strong and improved during the first half of 2021, despite some lingering concerns, the Federal Reserve found in its latest supervision and regulation report.
 
Senators Scrutinize OCC Nominee’s Stance on Bank Reg Reform Law
Testifying before the Senate Banking Committee, Saule Omarova—President Biden’s nominee to serve as the next comptroller of the currency—faced tough questions from lawmakers on both sides of the aisle about her views on banking, including her opposition to the bipartisan S. 2155 regulatory reform law that was championed by ABA.
 
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Training

December 6 - April 1, 2022
Facilitated Training: Analyzing Financial Statements

December 7
Webinar: 401(k) Plan Administration – Is There an Easier Way?

December 9
Webinar: Building Your Franchise Value in 2022: Assessing Whether Investing in Mortgage Lending in 2022 Will Be Worth the Reward

December 16
Webinar: Risk Management: Takeaways From 2021 and What to Watch for in 2022

2022

January 3 - 28
Facilitated Training: The Banking Industry

January 10 - February 4
Facilitated Training: Marketing in Banking

January 10 - March 18
Facilitated Training: Introduction to Mortgage Lending

January 11 - 13
Virtual Conference: ABA/ABA Financial Crimes Enforcement Conference

January 18 - March 11
Facilitated Training: Introduction to Agricultural Lending

January 24 - February 18
Facilitated Training: Bank Lines of Business

January 24 - February 25
Facilitated Training: Managing Funding, Liquidity and Capital

January 24 - March 11
Facilitated Training: Analyzing Bank Performance

January 25 - February 9
Virtual School: Data & Analytics School

 

 
 

 

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