How this New York program is helping to save at-risk branches


Popular’s branch in a Brooklyn neighborhood faced an uncertain future until it was designated as a bank development district. Now it’s eligible to receive millions of dollars in municipal deposits.


Upsides of bank sales to credit unions


The benefits include improved financial inclusion, the chairman of the NCUA argues.


Alternative data is not the enemy of underwriting


Regulators are beginning to recognize the importance of using alternative data to provide credit for the underbanked. Now is the time to expand its use across the industry.


Crackdown on bank-fintech partnerships would hurt subprime borrowers


Some legislators and consumer groups want federal regulators to block such alliances. Here’s why that’s a bad idea.


Fed has to pitch in on CRA makeover


The OCC and FDIC have moved in the right direction by proposing reforms to the Community Reinvestment Act. Now it’s time for the Federal Reserve to join.


OCC, FDIC propose CRA overhaul; PayPal sues CFPB over prepaid rule


The plan would increase lending and transparency, the regulators say; the company says the rule unfairly lumps together digital wallets and prepaid cards.


Let’s rethink how CDFIs are examined


These community development-focused banks need tailored regulations to expand their purpose in helping underserved areas.


N.Y. Fed close to filling market ops spots; Subprime auto-backeds rev up


The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”


Rural areas suffer brunt of U.S. bank branch closings: Fed report


More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.


Arizona ballot effort reframes payday lending debate


Over the last decade, American voters have proved remarkably receptive to bans on high-cost consumer loans. Next year, a proposed ballot measure in a traditionally red state trending purple will offer a test case for the durability of that consensus.