Community Banks

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in October 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

ABA: Bankers Invited to Join New Ag Banker Network

New online discussion forum for ag lenders WASHINGTON — As ag bankers continue to seek ways to help their producer clients work through difficult economic conditions in rural America, the American Bankers Association invites bankers to join their peers in the ABA Ag Bank Network. The network is an online forum, available only to ABA…

ABA: ABA Sues NCUA Over Credit Union Field of Membership Rule

WASHINGTON — The American Bankers Association has filed a lawsuit against the National Credit Union Administration after the regulator finalized a rule that would unlawfully expand fields of membership for credit unions.  The lawsuit, filed today in the United States District Court for the District of Columbia, will seek to overturn the NCUA rule. The rule disregards…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in September 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: First Quarter 2017 CRA Examination Schedule Released

The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the first quarter of 2017. This list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank and thrift regulator to publish a quarterly…

Federal Reserve: Scope Broadened for Post-Employment Restrictions for FRB Senior Examiners and Officers

The Federal Reserve Board on Friday announced it is broadening the scope of post-employment restrictions applicable to Federal Reserve Bank senior examiners and officers. By law, senior bank examiners are prohibited for one year from accepting paid work from a financial institution that they had primary responsibility for examining in their last year of Reserve…

ABA: National Judges Set to Select 2016-2017 Saving Star

Lights, Camera, Save! Video Contest Accepting Entries through Dec. 1 WASHINGTON – The American Bankers Association Foundation has announced its Lights, Camera, Save! national judging panel, along with the list of 118 participating banks, who will hold 139 contests in 47 states and the District of Columbia through Dec. 1. Contest winners will be announced during…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in August 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FDIC: New Resource Announced for Community Banks – Affordable Mortgage Lending Guide Part II

The Federal Deposit Insurance Corporation (FDIC) published a new guide to help community bankers learn more about grant and mortgage loan programs offered by State Housing Finance Agencies. The Affordable Mortgage Lending Guide, Part II: State Housing Finance Agencies describes programs offered by State Housing Finance Agencies across the country. The guide focuses on first-lien mortgage…