ABA: 7 Ways to Avoid a Holiday Spending Hangover
WASHINGTON — As the holiday shopping season kicks into high gear, the American Bankers Association has identified seven habits that shoppers should embrace to minimize their holiday spending debt. “It’s incredibly easy to go overboard buying gifts for loved ones during the holidays, but spending within your means will help keep your holidays merry and…
OCC: Web-Based System for Licensing and Public Welfare Investment Filings to Launch in 2017
WASHINGTON — The Office of the Comptroller of the Currency (OCC) will launch a web-based system for banks to file licensing and public welfare investment applications and notices beginning early next year. The Central Application Tracking System (CATS) is designed to help authorized national banks, federal savings associations, and federal branches and agencies to draft,…
ABA: National Judges Set to Select 2016-2017 Saving Star
Lights, Camera, Save! Video Contest Accepting Entries through Dec. 1 WASHINGTON – The American Bankers Association Foundation has announced its Lights, Camera, Save! national judging panel, along with the list of 118 participating banks, who will hold 139 contests in 47 states and the District of Columbia through Dec. 1. Contest winners will be announced during…
FDIC: New Resource Announced for Community Banks – Affordable Mortgage Lending Guide Part II
The Federal Deposit Insurance Corporation (FDIC) published a new guide to help community bankers learn more about grant and mortgage loan programs offered by State Housing Finance Agencies. The Affordable Mortgage Lending Guide, Part II: State Housing Finance Agencies describes programs offered by State Housing Finance Agencies across the country. The guide focuses on first-lien mortgage…
FDIC: Meeting Announced of the Advisory Committee on Community Banking
The Federal Deposit Insurance Corporation (FDIC) today announced that it will hold a meeting of the Advisory Committee on Community Banking on Thursday, November 3. Senior staff will discuss and provide updates on the FDIC’s Community Banking Initiative, efforts to support de novo formations and to develop the next generation of bankers, and FDIC assessment rates. There…
ABA: 6 Tips for Military Families
November is Military Family Month WASHINGTON —In honor of Military Family Month and upcoming Veterans Day, the American Bankers Association is highlighting six financial tips to help military families manage their money. “Service members and their families often cite finances as one of their most significant stressors, even more so than deployments and personal relationships,”…
ABA: Understanding Your Role as a Financial Caregiver
November is National Family Caregiver Month WASHINGTON — According to the Caregiver Action Network, more than 90 million Americans care for a loved one living with a disability, disease or experiencing reduced financial capability as a result of aging. Financial caregivers play an important role in ensuring that all finances — from routine to complex — are managed wisely,…
ABA: Survey Shows Consumers Trust Banks Most To Keep Their Payments Safe
Twenty-one percent of consumers have used mobile app to make payment WASHINGTON — An overwhelming majority of consumers — 82 percent — trust banks most to keep their payments safe, according to a recent survey from the American Bankers Association. Only 3 — 4 percent of consumers trust major retailers or telecom companies to protect their payments. “Banks always make the…