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ICBA National Convention
March 1-5
Gaylord Palms Resort
ABA Mutual Community Bank Conference
March 22 & 23
Marriott Marquis
Washington, D.C.
Card Forum & Expo
April 8-10
More events >  

May 22, 2013
BankNews e-Digest header

Prepare for FDIC Loss-Sharing Arrangement Changes 

In more than 300 transactions since 2008, the FDIC has entered into agreements for the sale of failed bank assets to a healthier bank or other financial institution, and the sharing of losses of that failed bank between the FDIC and the assuming institution. Typically, a commercial SLA covers an eight-year period; in the first five years, losses and recoveries are shared, and in the final three years, recoveries only are shared. Many assuming institutions with commercial SLAs, therefore, are approaching the end of their loss sharing. Read more>> 

ICBA: Tax-Exempt Credit Union Push Makes No Financial or Fiscal Sense
The Small Business Lending Enhancement Act (S. 968), introduced by Sen. Mark Udall (D-Colo.) and 14 original cosponsors, would raise the cap on member business lending that Congress implemented to ensure that credit unions abide by their mission to serve people of modest means and avoid excessive risk-taking. Read more>>
mBank - A New Full-Featured Mobile Banking Solution for Small Banks
Each bank can customize this application to include its logo and specific color scheme to match the bank's brand. With a product like mBank, a bank can save time and money that would go otherwise in to building a mobile banking app from scratch. Read more>>
Mobile Banking 2013

Atlanta Fed Finds Modest Improvements in Southeast Economy
Broad measures of economic activity continued to improve across the Southeast in March, according to the latest Data Digest from the Federal Reserve Bank of Atlanta. Read more>>
Register for Webcasts
RDC webinar Remote Deposit Capture: Customer Due Diligence
FFIEC Tier II Exam Considerations Plus Mobile Capture!
Date: May 30
Click here to register.

Cybercrime Take a Bite Out of Cybercrime:
Arm Yourself Against Account Takeover

Date: June 11 

Click here to register. 

CFPB Debuts Spanish Language Website
The website, which is optimized for mobile use, provides access to essential consumer resources, such as how to submit a consumer complaint and answers to consumers' frequently asked questions. Read more>>
Tier 1-Mo. Bank

"Reports of the death of cash have been greatly exaggerated," said Mike Lee, CEO of ATMIA. "Watch 'Cash Lives' to find out what cash means to humanity even in this digital age." Read more>>

Vantiv and NCR to Bring mPOS Solutions to Small Businesses
The multi-year agreement will focus on developing exclusive new solutions and expanding both companies' innovative technology platforms to deliver personalized customer experiences that help smaller merchants compete more effectively against larger competitors. Read more>>
Entries Being Accepted for 2013 ISAs

ISA2013 The Innovative Solutions Awards, sponsored by BankNews, recognize companies that have introduced or significantly enhanced products designed to help community banks become more efficient, expand their capabilities and, ultimately, better serve their customers. The Innovative Solutions Awards are presented in four categories: Equipment/Hardware Solution;
Consulting/Outsourcing/Training Solution;
Management/Operations/Processing Solution; and eBanking (Mobile/Online) Solution. Read more>>
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