|
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.
Please note, there will not be an edition of ABA Banking Journal newsletter on Friday, November 29.
The newsletter will return to your inbox on Friday, December 13.
|
U.S. consumers believe federal credit unions should be held accountable for meeting the same legal standards as the banks they compete with for customers every day, according to a new survey conducted by Morning Consult on behalf of the ABA.
|
As the calendar soon flips to 2025, the millennial generation will affect the future of the economy, and women will play a central role in the finance industry. Millennials are the most diverse and most educated generation in history. Millennial women drive many key financial decisions in their households.
|
Careful consideration of the fair lending risk profiles of the acquiring bank, target bank and combined entity can help both parties understand potential hurdles to regulatory approval.
|
With commodity prices falling and producer expenses rising, it’s a difficult moment for America’s agricultural economy. On this episode of the ABA Banking Journal Podcast Dakota Mac loan production officer Caleb Hopkins discusses strategies ag lenders are using to support their clients through this cycle.
|
Look anywhere: books, podcasts and social posts, and you will see much discussion about how marketers can get a seat at the decision-making table for their financial brand. Rather than being viewed as the “cookies and events person,” savvy CMOs who have earned top level respect live by these six rules.
|
Banks are aggressive at fighting and stopping fraud, but they can’t win the fight on their own. The federal government and other stakeholders need to step up too.
|
Complacency at banks can take the form of overconfidence – and a sloppiness with details – or of low engagement from a struggle with work/life balance or even from a decline in a sense of personal well-being. When bank employees grow complacent, serious consequences can arise.
|
The banking industry is strong but being “crushed” by overregulation, John Asbury, CEO of Virginia-based Atlantic Union Bank and the ABA’s recently elected chair, told attendees during ABA’s Agricultural Bankers Conference in Milwaukee.
|
The ABA urged the Federal Communications Commission to join a “whole of government” approach to combatting fraud, including fraud perpetrated by criminals who use illegal calls and text messages, in a comment letter filed this week.
|
The Federal Housing Finance Agency issued an advisory bulletin that it said would simplify the process of applying for funding for rental projects through the Federal Home Loan Banks’ affordable housing programs.
|
A joint exercise by the Consumer Financial Protection Bureau and U.S. Department of Justice found that individuals posing as Black small-business owners allegedly received less favorable treatment than white individuals when applying for financing at various bank branches in Virginia and New York State.
|
Several states have recently passed data privacy laws with exclusions for data collected by banks and other financial institutions, and that may not be in the best interests of consumers, the Consumer Financial Protection Bureau said in a new report.
|
The Federal Housing Finance Agency has announced two partnerships involving Fannie Mae, Freddie Mac and Federal Home Loan Banks to boost awareness and liquidity for programs that expand housing access for tribal communities, according to an agency statement.
|
|
