ABI Blog Exchange

2021-03-02
An industry founded to provide affordable financial services to those of modest means needs to do a much better job of recruiting Black, Latino and other minorities to the workforce and the member base.

Read More from: BankThink

2021-03-02
On March 2, 2021, CMC II, LLC of Maitland, FL, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankr
2021-03-02
On March 2, 2021, CMC II, LLC of Maitland, FL, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankr
2021-03-02
By Lara Martin Associate, Bernstein-Burkley, P.C. Keri Ebeck Partner, Bernstein-Burkley, P.C. The recently enacted Consolidated Appropriations Act of 2021 (“CCA 2021”) affects many provisions of the bankruptcy code, including a …

Read More from: Bernstein-Burkley, P.C.

2021-03-02
By Lara Martin Associate, Bernstein-Burkley, P.C. Keri Ebeck Partner, Bernstein-Burkley, P.C.

Read More from: Bernstein-Burkley, P.C.

2021-03-02
The Federal Reserve is intensifying its scrutiny of banks' efforts to shed their reliance on the London interbank offered rate, and has begun compiling more detailed evidence on their progress, according to multiple people with knowledge of the ma

Read More from: BankThink

2021-03-02
Bipartsan legislation introduced Monday would permit loans made as part of the COVID-19 relief effort not to county against limits on member business lending.

Read More from: BankThink

2021-03-02
After hiring two Goldman executives, the retailer could be looking to partner with more banks or become one; the buy now-pay later company is now worth $31 billion and seeking acquisitions.

Read More from: BankThink

2021-03-02
Because some folks did get value for their student loan debt.

Read More from: Discharge Student Loan

2021-03-01
During the Trump era, the bank regulators couldn’t see eye to eye on how to modernize the Community Reinvestment Act.

Read More from: BankThink

2021-03-01
The payment processing company will offer loans and deposit accounts to its small-business customers through a Utah-based industrial bank.

Read More from: BankThink

2021-03-01
The bank’s new holding company, Amalgamated Financial Group, is the first publicly traded financial services company to become a public benefit corporation.

Read More from: BankThink

2021-03-01
The bank's purchase of Sodak Home Loans in Sioux Falls, S.D., adds to a string of bank deals for mortgage lenders this year.

Read More from: BankThink

2021-03-01
The pandemic is likely to dominate the discussion during CUNA’s online Governmental Affairs Conference, but perennial issues such as the industry’s tax exemption will also be spotlighted.

Read More from: BankThink

2021-03-01
Four former employees and several clients of Washington Federal Bank for Savings face charges of falsifying records to conceal the embezzlement of $31 million prior to the bank's December 2017 collapse.

Read More from: BankThink

2021-03-01
In an analysis of the pandemic's impact on the housing market, the agency said nearly 10% of households could be at risk of eviction or foreclosure despite government programs to enable homeowners to delay their payments.

Read More from: BankThink