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Credit Card Debt Numbers Rising According to Bankrate

Credit Card Debt Numbers Rising According to Bankrate

Almost 50% of all credit card holders are carrying credit card debt
ICBA "Concerned” Over Revised CDFI Certification Application

ICBA "Concerned” Over Revised CDFI Certification Application

Other banking industry organizations applauded the Treasury Department for working with the industry on revisions
Hispanic Transformation will Drive a $113 Trillion Opportunity for Banks: Three Ways They Can Capture It

Hispanic Transformation will Drive a $113 Trillion Opportunity for Banks: Three Ways They Can Capture It

Very few organizations have been successful in growing their relationships with this audience
Fed Finalizes CRA Modernization Rule

Fed Finalizes CRA Modernization Rule

Banks issue cautious welcome but warn of increased costs for some organizations
Credit Card Debt Over $1 Trillion Draws Attention from Congress

Credit Card Debt Over $1 Trillion Draws Attention from Congress

Interest rates for credit card holders have climbed to a record high of more than 20%
Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

The office of the Inspector General of the Federal Reserve has published its review of the collapse and made recommendations
What’s Behind the Rapid Growth of CDFIs?

What’s Behind the Rapid Growth of CDFIs?

New research from the New York Fed shows CDFI assets in excess of $450 billion
How One Bank Aims to Boost Minority-Owned Business Financing

How One Bank Aims to Boost Minority-Owned Business Financing

First Independence Bank has linked up with fintech Lendistry to offer alternative financing options
Bank of America Fined $250M Over ‘Illegal’ Fees

Bank of America Fined $250M Over ‘Illegal’ Fees

CFPB and OCC step in after investigation finds “double-dipping” and unauthorized accounts practices
NCUA Applauds Strong Performance by MDI Credit Unions

NCUA Applauds Strong Performance by MDI Credit Unions

They have increased access to financial services in rural, urban, and under-resourced communities by 11% in 12 months
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