BankThink

There’s a gift for student lenders in the education bill

11/30/17

Introducing limits on federally guaranteed loans to graduate students, instead of letting them borrow whatever schools charge, would create a multibillion-dollar opportunity for private lenders.

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GOP lawmakers propose bill to cut CFPB employees' pay

11/30/17

Rep. Sean Duffy, R-Wis., and Sen. Mike Enzi, R-Wyo., drafted legislation that would set pay for CFPB employees in line with the federal government's pay scale known as the general schedule.

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Lawmakers pressed to save flood insurance program

11/30/17

Numerous business sectors are urging lawmakers to act quickly to extend the National Flood Insurance Program before a crucial deadline next week.

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Wider cryptocurrency use could harm system stability: Fed’s Quarles

11/30/17

The Federal Reserve Board's vice chair of supervision said that digital currencies hold the potential for innovation but that the financial system's security and resiliency are more important.

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This mobile banking startup is bypassing FDIC insurance

11/30/17

Jiko hopes to convince consumers that their funds will be safe in Treasury bills, while also generating higher returns than they would in traditional bank accounts.

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Banks need to know: How much CRA activity is enough?

11/30/17

Reform of the Community Reinvestment Act should seek to establish a minimum standard for the volume of CRA activities a bank must complete in its assessment area.

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Bitcoin’s wild ride; Wells names three directors

11/30/17

Digital currency jumps through $11,000 before falling below $9,500 in a volatile day of trading; bank faces growing regulatory scrutiny.

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Thriving Family Operator: Amarillo National's Richard Ware

11/29/17

Ware has been named a 2017 Banker of the Year award winner for transforming the family-owned bank into a highly profitable community lender that takes calculated risks and prides itself on treating employees and customers well.

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Trump taps economist Goodfriend for Fed seat

11/29/17

Marvin Goodfriend, a noted economist and former Richmond Fed official, was tapped to fill one of three vacancies on the Fed board.

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Bitcoin mania mounts as bankers worry

11/29/17

It’s been month after month of record-breaking, confounding growth for the cryptocurrency, accompanied by regular warnings from banks about bubble speculation.

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