ABI Blog Exchange

2020-12-03
In the aftermath of the November elections, we thought it worthwhile to revisit the economic and market risks Biden is facing.

Read More from: Gordian Group

2020-12-03
The initiative is the latest offshoot of Project REACh, which was developed by the OCC over the summer to bring together bankers, community leaders and civil rights organizers in an attempt to expand access to credit.

Read More from: BankThink

2020-12-03
The banks will aim to attract new small-business customers by targeting the merchants that use Stripe's payment processing platform.

Read More from: BankThink

2020-12-03
The economic fallout from COVID-19 has highlighted systemic concerns about commercial real estate exposure, business debt and short-term wholesale funding, the Financial Stability Oversight Council said in an annual report.

Read More from: BankThink

2020-12-03
A number of reasonable changes to the National Credit Union Share Insurance Fund could help NCUA avoid charging premiums.

Read More from: BankThink

2020-12-03
As Congress moves to spur more coin production, banks and retailers are running campaigns urging consumers to empty their piggy banks to get more change into circulation.

Read More from: BankThink

2020-12-03
New analysis from S&P shows credit unions near $1 billion of assets and above continuing to dominate the industry's performance in the Paycheck Protection Program as some CUs dedicate a substantial portion of their portfolios to the effort.

Read More from: BankThink

2020-12-03
Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.

Read More from: BankThink

2020-12-03
Webster Bank and Customers Bank are among the lenders that have turned to alternative data sources and automated loan reviews to assess business customers' ability to weather the coronavirus pandemic.

Read More from: BankThink

2020-12-03
Senators voted 48-47 to put Christopher Waller on the Federal Reserve Board, concluding a confirmation process that had been dragged out for months because of controversy surrounding a separate nomination for Judy Shelton.

Read More from: BankThink

2020-12-03
With R. Scott Blackley planning to leave for a role at a health-insurance startup, the credit card giant is promoting longtime executive Andrew Young.

Read More from: BankThink

2020-12-03
On December 3, 2020, Lighthouse Resources Inc.
2020-12-03
On December 2, 2020, White Stallion Energy, LLC, an Evansville, Ind.-based coal mining company, along with 18 affiliated debtors filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delawar
2020-12-03
On December 2, 2020, White Stallion Energy, LLC, an Evansville, Ind.-based coal mining company, along with 18 affiliated debtors filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delawar
2020-12-02
President-elect Joe Biden will likely have to contend with a Republican-controlled Senate. That could have important implications for his approach to financial services policy.

Read More from: BankThink

2020-12-02
Figure Technologies would only accept uninsured deposits, so it would not be subject to Fed or FDIC oversight. A major concern for banks is that the effort could open the door to incursions by bigger tech companies.

Read More from: BankThink