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ABA Criticizes Proposed Cut to Debit Card Fees

ABA Criticizes Proposed Cut to Debit Card Fees

President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
NBA Warns on Basel III Impact on Minority Communities

NBA Warns on Basel III Impact on Minority Communities

The proposals will impact the relationship between large banks and minority depository institutions, says the association
BPI and TCH Call for Stronger Consumer Financial Data Rules

BPI and TCH Call for Stronger Consumer Financial Data Rules

The associations argued the CFPB’s proposal does not go far enough
Fed’s Bowman Recommits to Regulating Banks by Size

Fed’s Bowman Recommits to Regulating Banks by Size

Federal Reserve Governor Michelle Bowman stressed the importance of tailoring banking regulations to institutional size to avoid adverse incentives
ABA and CBA Express “Serious Concerns” Over Proposed CFPB Nonbank Regulations

ABA and CBA Express “Serious Concerns” Over Proposed CFPB Nonbank Regulations

The banking organizations wrote to the CFPB about the proposed redefinition of digital assets
OCC Report Identifies Key Risks Facing Federal Banking System

OCC Report Identifies Key Risks Facing Federal Banking System

The regulator also published guidance on ‘Buy Now, Pay Later’ lending
Atlantic Union Bank Fined $6.2 Million for Illegal Overdraft Fee Harvesting

Atlantic Union Bank Fined $6.2 Million for Illegal Overdraft Fee Harvesting

The bank said it “respectfully disagrees” with the decision
Congress Votes to Scrap CFPB Small Business Lending Data Rule

Congress Votes to Scrap CFPB Small Business Lending Data Rule

The ABA and ICBA have praised Congress’ decision to nullify the rule
FDIC “Missed Opportunities” in First Republic Bank Supervision

FDIC “Missed Opportunities” in First Republic Bank Supervision

Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action
BoA Pays $12M Fine for Mortgage Data Misreporting

BoA Pays $12M Fine for Mortgage Data Misreporting

The CFPB has levied the fine for failing to collect information on some mortgage applications
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As part of the Banking Exchange Interview Series we and SkyStem are proud to present our interview with Rachel Lewis, Assistant Controller at Stock Yards Bank & Trust.

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