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September 22, 2014

Published by mccorm-tyler at September 22, 2014

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Community Banking News courtesy of American Banker

Fed announces new stress test round; will also consider extending buyback ban September 18, 2020
The results of the latest exams will be released for each of 33 big banks; the Fed will announce by the end of this month if it will cap fourth quarter dividends and prohibit buybacks.
Trump vs. Biden: What’s at stake for banks September 18, 2020
The future of Fannie Mae and Freddie Mac, the Fed’s supervisory regime for the biggest financial institutions, reform of the Community Reinvestment Act and a host of other industry-related issues are on the ballot this November.
Fed offers details on additional bank stress test triggered by COVID-19 September 17, 2020
The agency has scheduled an extra assessment of institutions' strength to incorporate more recent economic data during the pandemic.
Credit unions to pay $1.5B to bolster NCUA’s deposit insurance fund September 17, 2020
A historic influx of deposits has brought the National Credit Union Share Insurance Fund’s equity ratio close to the point where premiums would be required, but the regulator’s plan is intended to boost it.
‘Flat to slightly down’: 3Q loan demand disappoints September 17, 2020
Banks reported decent loan growth in the spring and early summer as businesses rushed to draw down credit lines and tap the Paycheck Protection Program. But demand has been muted since, and bankers can only guess when it will pick back up.