ABI Blog Exchange

2021-03-25
Democrats have proposed a Congressional Review Act resolution to strike down the OCC rule, arguing it enables "rent-a-bank" schemes. ]]

Read More from: BankThink

2021-03-25
For banks that pass this year’s stress tests, the Federal Reserve said it will eliminate the restrictions on dividends and share buybacks while subjecting those institutions instead to the stress capital buffer. ]]

Read More from: BankThink

2021-03-25
The Rainforest Action Network says the 2020 decline stemmed more from weak energy demand during the pandemic than banks’ pledge to reduce financing to firms that contribute to climate change. ]]

Read More from: BankThink

2021-03-25
Lawmakers approved a bill that will allow the Paycheck Protection Program to remain open until May 31. It was originally set to expire on March 31. ]]

Read More from: BankThink

2021-03-25
The challenger bank will apply some of the $40 million it raised from Truist, BofA and others to a microloan program aimed at Black and Hispanic groups.

Read More from: BankThink

2021-03-25
Former Obama-era regulators Kara Stein and Sarah Bloom Raskin, as well as Atlanta Fed President Raphael Bostic, have joined the field of potential nominees to lead the Office of the Comptroller of the Currency, according to sources familiar with t

Read More from: BankThink

2021-03-25
A planned combination of Maine State Credit Union in Augusta and Midcoast Federal Credit Union in Freeport has been nixed despite receiving approval from regulators. ]]

Read More from: BankThink

2021-03-25
The Dunedin, Fla.-based institution reported an 18.8% surge in assets last year, along with substantial growth in commercial lending, thanks in part to the Paycheck Protection Program. ]]

Read More from: BankThink

2021-03-25
Truist Financial's venture capital division led the Series A funding round for Greenwood, a platform aimed at Black and Latino customers. Other investors include Bank of America, Citigroup, Mastercard and Visa. ]]

Read More from: BankThink

2021-03-25
The cap on Economic Injury Disaster Loans is being raised to $500,000 from $150,000; the electric car maker said it won’t convert the digital currency to fiat dollars but will retain them. ]]

Read More from: BankThink

2021-03-25
You probably don’t have a car combination like the one in the picture. But, you probably have a car or cars or vehicles of some kind, and, most likely.

Read More from: Stop Creditor

2021-03-24
In honor of Women’s History Month, we’re highlighting the female members of the Bob Gold & Associates team. For the week 3 Q&A, we’re featuring Amy Prenner.

Read More from: Bob Gold & Associates

2021-03-24
Treasury Secretary Janet Yellen said she prefers to have the Financial Stability Oversight Council flag hazardous activities by nonbanks rather than subject specific firms to heightened supervision. ]]

Read More from: BankThink

2021-03-24
The tennis legend will also serve as a strategic adviser on gender equality issues and First Women's Bank, which will be mostly owned and run by women. ]]

Read More from: BankThink

2021-03-24
In Pennsylvania, if you want to receive Social Security Disability Insurance (SSDI) benefits, you have to apply to the U.S. Social Security Administration (SSA).

Read More from: Young, Marr & Associates

2021-03-24
Complaints to the Consumer Financial Protection Bureau jumped 54% to 542,300 in 2020. Concerns about credit reports have long outnumbered those in other categories and jumped significantly as a share of the total from 2019. ]]

Read More from: BankThink

2021-03-24
Four months into the job, Charles Shaffer has struck a deal for Legacy Bank of Florida and is eyeing more acquisitions. His predecessor, Dennis Hudson III, built Seacoast with more than a dozen buyouts across the Sunshine State. ]]

Read More from: BankThink