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March 1-5
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Tablet Banking, Compliance and Earnings
Read BankNews e-Digest Online 

February 29, 2012

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More Opaque Than Transparent

By Kari English, Senior Editor, BankNews 

KariIn an effort to enhance the clarity and transparency of its public communications, the Federal Open Market Committee has begun detailing its plans for short-term interest rates on a quarterly basis. . . . Specifically, the SEP will include information about the projections of the Fed's 12 regional bank presidents and five members of the Board of Governors of the appropriate level of the target federal funds rate in the fourth quarter of the current year, the next few calendar years and over the longer run. Read more>>  

 

ABA Statement on FDIC Bank Earnings Report

"Quarter after quarter, the banking industry continues to gain strength. Increasing loans, strong capital levels, sharply declining problem assets and an inflow of deposits mark a steady improvement in our industry's financial performance," said James Chessen, American Bankers Association chief economist. Read more>>
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Bernanke Comments on Compliance for Community Banks
BernankeRep. James Lankford (R-OK) questions Federal Reserve Chairman Ben Bernanke about the access to capital for small businesses and the overarching regulations and compliance rules facing community banks. Click here to view the discussion.
Online, Mobile and Tablet Banking Use Growing
Fiserv, Inc., a leading global provider of financial services technology solutions, has announced findings from the latest Fiserv Consumer Trends Survey, which has provided insight into consumer usage of digital channels for financial services since 2002. This year's survey revealed that consumers are increasingly gravitating toward online and mobile channels for daily financial management, and that tablet banking services will be increasingly in demand. Read more>>.
BankNews Introduces Mobile App for iPhones and iPads
BankNews appBankNews, the leading independent magazine for community banks, has introduced a free mobile app for iPhones and iPads. BankNews' new app features web and email links, and the ability to direct dial phone numbers on the iPhone. The app is free in the App Store. Click on the icon on the right.
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ABA Hosts Women's Leadership Forum

Female bank CEOs and senior executives will gather at the Omni Shoreham Hotel in Washington, D.C., on March 21, 2012, at the American Bankers Association's Women's Leadership Forum, the third annual session designed specifically for women banking leaders. The forum is part of ABA's annual Government Relations Summit, which takes place March 19-21, 2012. Read more>>
eBook Bank Directories Available for California, New England and Texas
BankNews Media, one of the nation's leading publishers of bank directories, has introduced three directories as ebooks, which are readable on iPhones/iPads and other devices with ebook/epub capability. Now available are the California Banking Gold Book, New England Bank Directory and Texas Banking Red Book. To order or learn more, click here>>.
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