federal reserve Archives — McCormack & AssociatesMcCormack & Associates

September 11, 2019

Published by Brie Truett at September 11, 2019

MAi at Economic Forum

Last month several MAi team members attended the Federal Reserve economic forum in Oklahoma City. Here are Bonnie and LaToya pictured with a large display. Bob […]

Community Banking News courtesy of American Banker

BB&T-SunTrust's incentive, Fannie-Freddie freedom, core vendor 'ransom': Top stories of the week November 15, 2019
Earnings hit could be avoided if BB&T and SunTrust complete deal by 2020; Fannie and Freddie will likely exit conservatorship by 2024, Calabria says; tired of paying 'ransom' to core vendors, two small banks fund new one; and more from this week's most-read stories.
CIT Group's digital bank adds checking November 15, 2019
The company says it's responding to the feedback of consumers who want online options beyond savings products.
Arizona ballot effort reframes payday lending debate November 15, 2019
Over the last decade, American voters have proved remarkably receptive to bans on high-cost consumer loans. Next year, a proposed ballot measure in a traditionally red state trending purple will offer a test case for the durability of that consensus.
Stablecoins like Facebook's Libra may pose systemic risks, Fed says November 15, 2019
Global stablecoins could hurt financial stability if they are improperly designed and unregulated, according to a Fed report.
Pennsylvania M&A poised for comeback after slow 2019 November 15, 2019
More banks in the state are considering acquisitions to cut costs and combat margin pressure.