ABI Blog Exchange

2020-10-30
The CrossState Credit Union Association continues to work with lawmakers in neighboring New Jersey to get similar legislation passed there.

Read More from: BankThink

2020-10-30
   In a fairly egregious factual situation, a bankruptcy court in Massachusetts awarded debtor's counsel $17,302.50 in fees and $261.60 in costs for correcting a mortgage company's minor error that in turn lead to an attempt by the mortgage to cha

Read More from: Tampa Bankruptcy

2020-10-30
Bankers can either fight the president’s recent order banning diversity training in federal contracts or face reputational risk by complying with it.

Read More from: BankThink

2020-10-30
Underwhelming participation in the middle-market loan program has forced the central bank to reduce the minimum borrowing amount for the third time, to $100,000.

Read More from: BankThink

2020-10-30
The National Credit Union Administration issued a prohibition order against a former employee of Members Exchange Credit Union in Mississippi.

Read More from: BankThink

2020-10-30
Many eateries that relied on outdoor dining to survive the pandemic could see revenues plummet as the weather turns cold.

Read More from: BankThink

2020-10-30
The two government-owned agencies reaped the benefits of the refi boom while loans in forbearance dropped; American Express says it has achieved 100% pay equity for employees.

Read More from: BankThink

2020-10-30
Fraudsters have increased their attempts to steal data through email scams since much of the financial services sector moved to remote work when the pandemic began.

Read More from: BankThink

2020-10-29
Lenders pushed back against the notion that city dwellers' pandemic-driven flight to suburbia would hurt them. They say fewer landlords have sought deferrals as vacancy rates remain low and rent collections have stabilized.

Read More from: BankThink

2020-10-29
The challenger bank now offers small businesses checking, lending and payments services on one platform and can link them through Plaid to external bank accounts.

Read More from: BankThink

2020-10-29
Toronto-Dominion Bank, Canada’s largest lender by assets, is giving all full- and part-time employees $500 bonuses as a reward for their efforts during the pandemic.

Read More from: BankThink

2020-10-29
The lawsuit filed on behalf of the National Association for Latino Community Asset Builders says the rule was based on “an invented evidentiary standard,” and failed to consider consumer protections mandated by Dodd-Frank.

Read More from: BankThink

2020-10-29
The company is best known for its reciprocal deposit program, but it’s finding new ways to serve banks without competing for their customers.

Read More from: BankThink

2020-10-29
The proposed regulation would codify a 2018 pronouncement by regulators that guidance does not carry the force of law.

Read More from: BankThink

2020-10-29
The industry has enjoyed lower tax rates and regulatory relief during the current administration, but individual donations from the eight largest banks favor the Democratic nominee by more than 4-to-1.

Read More from: BankThink