ABI Blog Exchange

2020-06-30
Reading Cooperative Bank recently launched a program that aims to hire young Black and Hispanic adults from low-income communities.

Read More from: BankThink

2020-06-30
Federal Reserve Chairman Jerome Powell said about 300 lenders have signed on to the program and that the central bank is committed to making adjustments that could attract more borrowers.

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2020-06-30
Chris Dodd and Barney Frank said the legislation — nearing its 10th anniversary — put banks in position to be a stabilizing force during the coronavirus crisis.

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2020-06-30
Six of the eight regional banks that announced their stress capital buffers on Tuesday said they will need just a 2.5% cushion to weather an economic downturn. All eight said they’ll keep their dividends steady.

Read More from: BankThink

2020-06-30
Lenders are selling their Paycheck Protection Program loans or hiring outside companies to navigate the process in an effort to reduce risk and avoid overloading their employees.

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2020-06-30
The New York State Department of Financial Services issued a letter Tuesday reminding lenders of amendments to the state's Community Reinvestment Act, under which banks are evaluated on how they meet the credit needs of businesses owned by women a

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2020-06-30
Banks are using emotion AI, which picks up subtle signals over text, audio and video, to help their customer service agents do their jobs better.

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2020-06-30
Early on in the COVID-19 pandemic the New Jersey courts placed a hold on the entry of final judgments of foreclosure.

Read More from: Levitt & Slafkes LLC

2020-06-30
Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities.

Read More from: BankThink

2020-06-30
Technology has helped banks expand globally, but complying with country-specific laws restricting data flows is a constant struggle.

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2020-06-30
The coronavirus outbreak forced BBVA USA to rethink a plan to add 15 branches in Texas, but it decided to move ahead anyway, albeit with a few tweaks.

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2020-06-30
The so-called tech sprint involving 20 companies from across the country is intended to help improve the efficiency of banks' quarterly data submissions to the regulators.

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2020-06-30
They keep writing about it; I keep blogging about it. Forbes keeps posting great student loan articles so I

Read More from: Discharge Student Loan

2020-06-29
Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.

Read More from: BankThink

2020-06-29
The company said it had cut 20 positions and had found a way to shed 35,000 square feet of office space by the end of 2020.

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2020-06-29
Eric Luse, who co-founded the Luse Gorman law firm, helped Community Bank Shares of Indiana create the first MHC in the early 1990s.

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2020-06-29
In response to the Federal Reserve's stress tests, Wells said it will lower its third-quarter distribution to shareholders.

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2020-06-29
Goldman Sachs, the card’s issuer, has rolled out a new program in which it will provide personalized advice to consumers with marred credit profiles in hopes of making them customers down the road.

Read More from: BankThink