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ABA, associations urge lawmakers to bolster funding for CDFI Fund

ABA Community Banking

ABA joined the Community Development Bankers Association, National Bankers Association and two other associations in urging members of the House and Senate appropriations committees to fund the CDFI Fund for fiscal year 2025.

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Do Private Student Loans Hold Opportunity for Community Banks?

ForwardBanker

By 2025, nearly 20 million students will be enrolled in college and university undergraduate programs, according to the National Center for Education Statistics. The post Do Private Student Loans Hold Opportunity for Community Banks? And virtually all of them will have one thing in common: They’ll.

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The Future of Checks – Tales From The Crypt

South State Correspondent

With the strong expected growth in instant payments from FedNow and the widespread adoption of Request for Payment by The Clearing House, checks are expected to suffer another material decline in 2025 as traction increases. Checks will become too costly for the household, business, and bank to process.

Fraud 195
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How the 2022 Stress Test Scenarios Can Help Small Banks & Credit Unions

Abrigo

However, community financial institutions can incorporate the new scenarios for their own stress tests to help determine how their capital levels will fare in severe economic situations. The 2022 stress test scenarios provide a blueprint for community banks and credit unions to get started on their own stress tests.

Capital 195
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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 195