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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.
A new survey of more than 100 top executives at community and regional banks and credit unions found that a majority list growing loans as their top strategic priority.
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The solutions for near-term balance sheet challenges may pose greater problems in the long run.
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Business owners have complicated financial needs. There is no one better suited to help small business customers successfully use bank products than bankers.
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Construction is a manual business—but lending to builders need not involve manual processes.
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After spending more than a quarter century in de novo commercial banks, Dave Hanrahan made a career move to a mutual savings bank, and he hasn’t looked back.
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As inflation remains elevated and consumers face persistently higher prices for goods and services, nearly two-thirds—64%—of them are now considered “financially unhealthy,” according to new data released by J.D. Power.
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Digital marketers that provide targeted advertising for financial firms are subject to the Consumer Financial Services Protection Act and its prohibition on unfair, deceptive or abusive practices. Therefore, these marketers risk potential legal action if they run afoul of the act, according to an interpretive rule issued by the Consumer Financial Protection Bureau.
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Oversight and supervision should be applied to banks and nonbanks engaged in digital asset activities alike to ensure all customers are protected equally.
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The American Bankers Association joined the Bank Policy Institute in expressing support for the Financial Crimes Enforcement Network’s efforts to implement a process for issuing “no-action” letters in a recent comment letter.
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After months of negotiating, the Senate passed legislation to address selected portions of the Biden administration’s agenda for climate change, healthcare and tax policy.
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As the CFPB continues work on its Dodd Frank Act Section 1071 rulemaking—which relates to the collection of small business lending data—the bureau will hold two events in the coming weeks to discuss technical implementation of the rule’s reporting requirements.
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A proposed overhaul of Community Reinvestment Act regulations does not adequately account for the costs and benefits of certain provisions in the draft rule, Federal Reserve Governor Michelle Bowman opined during a recent speech to the Kansas Bankers Association.
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