ABI Blog Exchange

2020-08-28
Mike Duncan had kept a low profile as chairman of the U.S. Postal Service’s board of governors until it hired Louis DeJoy as postmaster general. Now he is sharing an unwanted spotlight with the embattled DeJoy.

Read More from: BankThink

2020-08-28
Bankers have long opposed the idea of the U.S. Postal Service taking deposits and making loans directly, but some in the industry are open to the idea of letting banks and credit unions offer services at post offices.

Read More from: BankThink

2020-08-28
Bank of America and Clinton Savings Bank in Massachusetts are targeting consumers at a young age and hoping to keep them for life.

Read More from: BankThink

2020-08-28
Data from the National Credit Union Administration shows that despite a dip during the second quarter, the rate of industry consolidation has not changed dramatically from last year, despite the pandemic.

Read More from: BankThink

2020-08-28
The company said migration to digital channels spurred its decision to shutter locations across five states.

Read More from: BankThink

2020-08-28
Why PayPal just deposited $50 million in tiny Optus Bank; ex-Bank of America employees allege 'extreme pressure' to sell credit cards; the Citi snafu may bring fresh scrutiny to custodial banks; and more from this week's most-read stories.

Read More from: BankThink

2020-08-28
Members of Sperry Associates FCU will vote on a deal to merge into the nation's third-largest credit union. Both institutions have roots in serving the defense sector.

Read More from: BankThink

2020-08-28
Trouble with Student loan servicers and collection

Read More from: Discharge Student Loan

2020-08-28
Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.

Read More from: BankThink

2020-08-27
Even as the bank’s sales practices faced intense government scrutiny following the Wells Fargo scandal, senior leaders in Oregon were fostering a culture that valued credit-card sales above all else, according to several former employees.

Read More from: BankThink

2020-08-27
One banks journey of taking an AI idea from inception to experience. How organizations can ensure the shift from pilot projects to full-scale AI fluency goes right

Read More from: BankThink

2020-08-27
Branches in the Gulf Coast region largely avoided massive flooding. Now bankers must assess the impact on employees and customers.

Read More from: BankThink

2020-08-27
Betsy Cohen, formerly of The Bancorp Bank, and venture capitalist Ryan Gilbert have created a vehicle to raise hundreds of millions of dollars, purchase a technology company and expand it.

Read More from: BankThink

2020-08-27
New analysis from S&P shows only two of the top 20 credit unions that made Paycheck Protection Program loans have assets under $1 billion.

Read More from: BankThink

2020-08-27
Political donations from the sector and interviews with industry experts highlight a wide range of views on affordable housing resources, the appropriate level of regulatory relief and how policymakers should enforce fair housing rules.

Read More from: BankThink

2020-08-27
Record profits from trading and other capital markets activities helped to offset steep revenue declines in personal and business banking.

Read More from: BankThink

2020-08-27
A commitment to consumer financial protection "goes hand-in-hand" with the regulator's safety and soundness mission.

Read More from: BankThink