American Bankers Association

FDIC crackdown on brokered deposits goes too far: ABA report

03/04/19

A legal memo conducted on behalf of the trade group says the agency’s policy goes beyond statutory intent and places undue restrictions on healthy banks.

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Big, small banks have different ideas on how to fix pot banking

02/14/19

They all agree that legislation is needed, but the two approaches being offered are exposing tensions.

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It's regulators' job to tailor rules for small banks: Fed's Bowman

02/11/19

In her first speech as a governor, the former community banker and Kansas state regulator highlighted the strengths of smaller institutions and the banking agencies' tailoring efforts.

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FDIC review of brokered deposits has big implications for branches

01/30/19

Banks that gather deposits through branches generally pay lower deposit premiums than those that solicit deposits online. So what happens if long-standing restrictions on brokered deposits are relaxed?

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Why startup Finxact just got $30M from the ABA, SunTrust, others

01/25/19

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.

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Banks didn't cause the shutdown — why are they on the defensive?

01/24/19

The question of what banks are doing to aid government workers shows how the industry is still struggling to rebuild its image following the crisis.

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Banks, credit unions help federal workers weather shutdown

01/11/19

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

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Banks are feeling effects of shutdown: ABA

01/11/19

The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage.

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Household delinquencies are on the rise. Should bankers be worried?

01/08/19

More consumers fell behind on their loans in the third quarter of 2018, even as average wages rose and the unemployment rate fell to a 50-year low.

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PenFed deal feeds bankers' fears of unlimited credit union membership

01/04/19

An “emergency merger” with the troubled Progressive Credit Union gives PenFed — already the nation’s third-largest credit union — the ability to welcome any potential member nationwide.

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