Community Banks

ABA: Newly Redesigned ABA.com Launches

The American Bankers Association, the united voice of the nation’s $18 trillion banking industry, today announced the launch of its newly redesigned website featuring a modern look, updated content and improved tools to provide a richer, more valuable digital experience for visitors. “The new website is packed with tools, resources and information to help our members succeed,…

ABA: New Report Examines Banks’ Use of Social Media

87 percent report active social media engagement ​More than eight in 10 banks (84 percent) believe social media is important to their institution and 87 percent are very or somewhat active on their social media accounts, according to a new report released today by the American Bankers Association. The State of Social Media in Banking 2019 highlights…

OCC: Three New Members Appointed to Minority Depository Institutions Advisory Committee

The Office of the Comptroller of the Currency (OCC) today named three new members to its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC advises the OCC on steps it can take to ensure the continued health and viability of minority depository institutions and other issues of concern to these institutions. The new members are:…

FDIC: New Members of the Advisory Committee on Community Banking Announced

The Federal Deposit Insurance Corporation (FDIC) has announced the selection of six new members to its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory Committee members represent a cross-section…

FDIC: Meeting of Advisory Committee on Community Banking Announced

The Federal Deposit Insurance Corporation (FDIC) today announced that it will hold a meeting of the Advisory Committee on Community Banking on Thursday, March 28. During the meeting, FDIC senior staff will discuss efforts regarding de novo institutions, community bank technical assistance efforts, the 2017 FDIC National Survey of Unbanked and Underbanked Households, and various…

CPFB: Enhancements to Advisory Committees Announced and Member Applications Now Open

Today the Consumer Financial Protection Bureau (Bureau) announced enhancements to its advisory committee charters. The enhancements are a result of CFPB Director Kathleen L. Kraninger’s engagement with current and former advisory committee members during her three-month listening tour.  “I’ve seen firsthand how the Bureau benefits from the valuable input provided by committee members. I have…

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 December 2018. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

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 November 2018. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

Federal Reserve: Speech | Strengthening the Community Reinvestment Act: What Are We Learning?

Strengthening the Community Reinvestment Act: What Are We Learning? Governor Lael Brainard At “Research Symposium on the Community Reinvestment Act” hosted by the Federal Reserve Bank of Philadelphia, Philadelphia, Pennsylvania Thank you all for participating in our Research Symposium on the Community Reinvestment Act (CRA). I am happy to have an opportunity to learn from…

Federal Reserve: FRB Launches Article Series on Financial Conditions and Concerns of Consumers and Communities

The Federal Reserve Board on Wednesday announced Consumer & Community Context, an article series that features original analysis about the financial conditions and experiences of consumers and communities, including traditionally underserved and economically vulnerable households and neighborhoods. The goal of the series is to increase public understanding of the financial conditions and concerns of consumers…