Category: Industry

The Case for Bond Portfolio Maintenance

Managing a community bank’s balance sheet is like taking care of a home: it requires ongoing maintenance, thoughtful planning, and proactive decisions to preserve its value and ensure long...

A Rundown of Major News From Last Week

No later than March 21, the Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim final rule that extends Beneficial Ownership Information (BOI) reporting deadlines, recognizing the...

Effort to Overturn CFPB’s Overdraft Rule

Last week, Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill introduced Congressional Review Act (CRA) legislation challenging the Consumer Financial Protection Bureau’s (CFPB) overdraft rule....

A Rundown of Major News From Last Week

On February 12, a trade group representing the fintech industry filed a motion to intervene in a pending lawsuit regarding the CFPB’s final rule on open banking in order to defend it. The...

A Rundown of Major News Items From the Last Week

The Fifth Circuit Court of Appeals granted IBAT/TBA/ICBA/ABA’s request to delay compliance dates for implementation of data gathering and reporting under 1071 rules. The outcome of the appeal and...