ABI Blog Exchange

2021-03-09
The American Bankers Association has requested more time to respond to a proposal that would expand lending authority for credit union service organizations.

Read More from: BankThink

2021-03-09
Citigroup’s general counsel, Rohan Weerasinghe, told the bank that he will retire by the end of the year after almost a decade in the role.

Read More from: BankThink

2021-03-09
Community banks with meager tech budgets need help identifying the right systems for institutions their size and finding good partners, says Sultan Meghji, who recently joined the Federal Deposit Insurance Corp. in this newly created role.

Read More from: BankThink

2021-03-09
The deal to take over the firm's prearranged funeral insurance and final expense business in the U.S. and Canada is worth approximately $1.3 billion, and marks the latest in a string of acquisitions for CUNA Mutual.

Read More from: BankThink

2021-03-09
Lenders are preparing scores of Paycheck Protection Program applications to secure approval from the Small Business Administration by March 31, but unresolved error codes continue to hinder their efforts.

Read More from: BankThink

2021-03-09
The option to transact using Chase Pay will be removed from all merchant websites and apps by the end of the month.

Read More from: BankThink

2021-03-09
Michael Barr, an Obama-era Treasury Department official, is no longer expected to be nominated to lead a regulator that oversees Wall Street’s biggest banks, according to people familiar with the matter.

Read More from: BankThink

2021-03-09
The company has formed a special committee to find a successor for James Ford, who will retire as president and CEO next year.

Read More from: BankThink

2021-03-09
The giant retailer is betting enough has changed in the regulatory environment since 2007, when Walmart applied for an ILC; the underused programs will be allowed to expire at the end of the month.

Read More from: BankThink

2021-03-09
The acquisition of Golden Pacific Bank will accelerate the online lender’s effort to become a full-service bank.

Read More from: BankThink

2021-03-09
Chris Hendry has served on the credit union's board but has spent his career in health care and philanthropy. He said many of his skills are easily transferable, including a focus on marketing and community engagement.

Read More from: BankThink

2021-03-09
Congress actually fixed something!

Read More from: Discharge Student Loan

2021-03-08
New measures in California and Virginia give consumers more control over their information and may prevent banks from using geolocation services or analyzing personal data without obtaining consent first — except when preempted by federal law.

Read More from: BankThink

2021-03-08
The bank also committed to finance $500 billion in sustainable businesses and projects by 2030.

Read More from: BankThink

2021-03-08
The unnamed investors will pay about $50 million for Northern California National Bank through a tender offer.

Read More from: BankThink