BankNews Cover

BankNews e-Digest

BankNews e-Digest is delivered weekly to more than 25,000 banking professionals nationwide. CLICK HERE to subscribe.

Read the current issue
Click here to read online. BankNews e-Digest 4-12-17

April 12, 2017


Community Banks Acquiring Big Banks' Castoffs
By Wyatt Jenkins

U.S. banks are closing hundreds of branches each year; between 2010 and 2016, the total number of branches declined by 7,864, a net decline of approximately 1,123 per year. Most branch closures in recent years have been from the largest banks, according to BKD.  Read more...

Fed President Calls Regulatory Environment ‘Misaligned’
In remarks at the New York Fed’s Community Banking Conference, Kansas City Fed President Esther George said she was concerned by "a misaligned regulatory environment that poses a threat in my view to the diversity of the U.S. banking system.” Read more...

FDIC Offers Guide to Products and Services from Federal Home Loan Banks
The third installment of the Affordable Mortgage Lending Guide describes many of the products and services offered by Federal Home Loan Banks, including the Affordable Housing Program and the Community Investment Program, the Mortgage Purchase Program and the Mortgage Partnership Finance program. Read more...

A Modern Glass-Steagall Act Receives Bipartisan Backing
A modern version of the Glass-Steagall Act was reintroduced by Sens. Elizabeth Warren, D-Mass., John McCain, R-Ariz., Maria Cantwell, D-Wash., and Angus King, I-Maine. The 21st Century Glass-Steagall Act, like the Banking Act of 1933, protects American taxpayers, helps community banks and credit unions compete and decreases the likelihood of future financial crises, the senators said in a news release. Read more...

Celent Announces Model Bank Award Winners
Twenty-one banks have been honored for best practices of technology usage in areas critical to success in banking. Celent's top honor, Model Bank of the Year, goes to CaixaBank S.A., Spain. Read more...

Small Merchants Prefer Value Over Price Controls in Interchange Partnerships
Javelin Strategy & Research and the Electronic Payments Coalition has released a report that reveals that small merchants are more concerned about value, and less concerned about price when it comes to the fees that they pay for debit card transactions. Read more...

BankNews Media
5125 Roe Blvd., Ste. 200, Shawnee Mission, KS 66205
913-261-7000 |
Kryptronic Internet Software Solutions