June 22 – Eighty-seven percent of respondents to the American Bankers Association first-time payments survey indicated that their bank does not have a formal payments strategy. Of those, only 46 percent have plans to develop a formal payments strategy. The survey results were released on the first day of ABA’s inaugural Payments Forum in Washington, D.C.
June 19 – As part of its mission to support the professional development of the next-generation of financial services leaders, BAI is calling for nominations for its Emerging Leaders Scholarships. BAI offers $3,000 in scholarships to each of four qualified candidates who have less than 10 years of experience in the financial services industry. The scholarship program will give the recipients the opportunity to attend BAI Beacon, a fully immersive, interactive conference experience taking place in Atlanta, Oct. 4-5, 2017.
June 14 — The Online Lending Policy Institute, a voice for policy analysis, in-depth research, and education for the online lending industry, announced its Board of Governors, a group of industry experts ranging from academics to lawyers to executives from twelve leading organizations. This newly elected group joins founding members of OLPI: Cross River Bank, Boston University’s Center for Finance, Law & Policy, and RocketLoans.
June 9 — The Independent Bankers Association of Texas will host its 32nd Annual Leadership Conference at Horseshoe Bay Resort in Horseshoe Bay, June 22-24, 2017. More than 200 community bankers and industry advocates from across the state will participate in this three-day event focused on developing leaders in Texas community banking.
June 7 — Senate Banking Committee members heard testimony last week from the American Bankers Association and the Independent Community Bankers of America arguing that over-regulation is impeding economic growth.
June 7 — Family farm bankruptcy relief is the goal of legislation reintroduced by Sen. Chuck Grassley, R-Iowa, and Sen. Al Franken, D-Minn., that corrects a Supreme Court ruling, Hall v. United States, that made it harder for family farmers to reorganize their finances when they fall on hard times.
June 6 — The Independent Community Bankers of America and a coalition of affiliated state community banking associations filed a friend-of-the-court brief strongly supporting the American Bankers Association’s lawsuit challenging the National Credit Union Administration’s field-of-membership rule. The amicus brief shows community banks are united in their opposition to the NCUA’s unlawful attempt to drastically increase the powers of tax-exempt credit unions beyond their statutory limits.
June 5 – The ATM Industry Association called Operation Choke point “a well-intended program that turned into a train wreck,” and has threatened the existence of ATM operators. The trade group said it has highlighted the issue in a recent letter to President Donald Trump along with a summary of its recent advocacy activities.
May 25 — The Conference of State Bank Supervisors announced The University of Akron has been named first place winner in its nationwide 2017 Community Bank Case Study Competition.
May 23 — The Conference of State Bank Supervisors announced the election of Albert Forkner, Commissioner of the Wyoming Division of Banking, as the new chairman of the CSBS Board of Directors. The election took place during the organization’s annual membership meeting in New Orleans where new officers were also elected for 2017-2018. CSBS has also announced new committee chair appointments.