ABA: Submissions Now Open for 14th Annual Community Commitment Awards
The American Bankers Association Foundation is now accepting submissions for its 14th annual Community Commitment Awards, ABA’s highest honors for extraordinary community engagement. Banks of all sizes are encouraged to enter successful community initiatives for the awards, which recognize innovative, high-impact bank programs that improve the quality of life for the communities they serve. The entry…
ICBA: Statement on CFPB’s Final Rule to Implement Section 1071 Small-Business Reporting Requirements Issued
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Consumer Financial Protection Bureau’s final rule opens in a new tabto implement Section 1071 small-business reporting requirements. “ICBA commends the administration for heeding community banker concerns with the CFPB’s 1071 rule and making needed improvements to help mitigate the…
ABA: Statement on CFPB’s Section 1071 Final Rule
“We applaud the CFPB for finalizing a streamlined Section 1071 rule that addresses significant legal and operational concerns from the prior rule while providing clearer, more workable requirements for banks. This final 1071 rule appropriately refocuses on core lenders, products and data points without imposing undue compliance costs that would make it harder for America’s…
CFPB: 2025 HMDA Data on Mortgage Lending Now Available
The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2025 are now available on the Federal Financial Institutions Examination Council’s (FFIEC) HMDA Platform for approximately 4,768 HMDA filers. The published data contain loan-level information filed by financial institutions and modified to protect consumer privacy. To increase public accessibility, the annual loan-level…
Federal Reserve: Governor Barr Delivers Speech on Developing Communities Through Public-Private Partnerships
Read the text of Governor Michael S. Barr’s speech on “Developing Communities Through Public-private Partnerships” at the 2026 National Community Investment Conference, Phoenix, Arizona Thank you for inviting me here today. Let me also thank those at all 12 of the Reserve Banks, the Board of Governors, and the staff at FedCommunities for their efforts…