News Archive

Senate Candidate Tells Regulators To 'Ease Up' On Community Banks

May 16 2012 - Category: Banking Regulations and Legislation

Kaine says regulators need to loosen the reins on community banks for the sake of economic recovery.

Tim Kaine, a former Virginia governor and current candidate for the U.S. Senate, says legislators really need to ease regulations for community banks if they expect small businesses and the economy to ever recover. KEEP READING

Unnecessary Overdraft Bill Has No Chance Of Passing

May 16 2012 - Category: Overdraft

Rep. Maloney's overdraft bill faces too many obstacles to pass the House.

After years of lobbying to place additional restrictions on overdraft privilege programs, New York Representative Carolyn Maloney introduced a bill that would impose strict limits on banks' overdraft collection and disclosure procedures. KEEP READING

Regulators Clarify Community Bank Stress Test Expectations

May 14 2012 - Category: Banking Regulations and Legislation

Federal regulators announced that community banks with less than $10 billion in assets will not be subject to the same regulatory expectations as larger institutions.

The Federal Reserve Board, Federal Deposit Insurance Corporation and Office of the Comptroller of Currency have released their new supervisory expectations regarding stress testing for larger institutions and community banks. KEEP READING

ABA Voices Opposition Toward New Redundant 'Overdraft Protection Act'

May 11 2012 - Category: Overdraft

Bill opponents argue that overdraft privilege programs provide a safety net against late payments and other shortfalls.

The American Bankers Association has expressed its opposition to a new bill that would further regulate banks' overdraft privilege programs. KEEP READING

Credit Unions Capitalize On Mobile Platforms

May 10 2012 - Category: Increasing Market Share and Profitability

Credit unions that offer mobile platforms are receiving a positive response from their members.

Mobile banking and customer loyalty was the topic of discussion at a recent NACHA Electronic Payments Association conference, and many industry professionals link consumer loyalty and profitability with this feature. KEEP READING

ABA Chairman Testifies On Regulations' Impact On Community Banks

May 09 2012 - Category: Banking Regulations and Legislation

ABA Chairman Bill Grant says community banks will be more heavily impacted by regulatory costs than larger banks.

In a hearing before the House Financial Services Committee, American Bankers Association chairman Bill Grant explained how the regulatory environment is stifling community banks. KEEP READING

Interchange Fees Hold Steady For Small Banks And Credit Unions

May 02 2012 - Category: Banking Regulations and Legislation

A new Fed report shows interchange fees for exempt financial institutions have remained consistent since 2009.

The Federal Reserve Board recently released a report highlighting the fourth quarter results of average debit card interchange fees charged by payment networks since the Durbin Amendment went into effect. KEEP READING

Overdraft Protection Provides Safety Net for Gen Y

May 01 2012 - Category: Overdraft

Financial institutions can provide a safety net and financial instruction to young adults.

Overdraft programs have been scrutinized as of late for the fees they impose on consumers. KEEP READING

Banks Urged To Focus On Mobile Technology for the Underbanked

Apr 30 2012 - Category: Increasing Market Share and Profitability

Experts say financial institutions have the chance to appeal to underbanked consumers through mobile banking platforms.

As banks seek out new ways to stay competitive and profitable in a changing marketplace, industry analysts are urging them to focus their current infrastructure on a largely overlooked demographic of Americans: the underbanked. KEEP READING

Customers Express Satisfaction With Bank Services

Apr 30 2012 - Category: Service Quality

A new study shows bank facilities and friendly service supersede customers' dissatisfaction with fees.

Consumers have not kept their dissatisfaction with banks' renewed reliance on service fees a secret. KEEP READING

Displaying results 1-10 (of 51)

|< < 1 - 2 - 3 - 4 - 5 - 6 > >|

Improving profitability

for community banks

and credit unions.