While increasing financial inclusion and improving U.S. Postal Service financial stability are worthy goals, postal banking would accomplish neither, Pennsylvania Association of Community Bankers President and CEO Kevin L. Shivers wrote.
A recent column from Federal Reserve Gov. Michelle Bowman provides an update on regulatory efforts to promote community bank innovation and partnerships with fintech firms.
Financial institutions’ strong capital and liquidity positions have enabled the banking system to support the U.S. economic recovery, the Federal Reserve reported.
Today is the deadline to submit nominations and votes for ICBA’s updated National Community Bank Service Award program. This year’s awards recognize exceptional service, emerging service programs, and the people's choice.
While this week’s ICBA Capital Summit concludes today, ICBA is urging community bankers to continue engaging their elected officials with grassroots messages on social media.
ICBA’s Paul Merski told Bloomberg that additional IRS reporting being floated this week by the Biden administration would increase compliance burdens for community banks.
The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.
The Consumer Financial Protection Bureau released a county-by-county analysis of consumer complaints. The bureau said it received more complaints per capita from consumers living in predominantly minority counties in 2019 and 2020
Recently reintroduced Senate legislation to codify community outreach policies for community credit unions is getting a mixed reception from credit union industry groups.
The Consumer Financial Protection Bureau issued a final rule formally delaying the mandatory compliance date of its recently modified general Qualified Mortgage final rule from July 1, 2021, to Oct. 1, 2022.
