Tag: American Bankers Association
BankFive CEO elected to American Bankers Association board of directors
FALL RIVER – Anne P. Tangen, CEO and president of Fall River Five Cents Savings Bank, which is also known as BankFive, was elected to...
Credit card legislation has banks up in arms
A legislative move to increase competition in the credit card payment network – dominated by Visa Inc. and Mastercard Inc. – is facing severe...
Bankers fight to overturn rule on overdraft fees
A proposed banking regulation that one federal agency says will save Americans $5 billion a year in overdraft fees is facing strong opposition from...
FDIC-insured banks report net income of $71.5B in 2nd quarter
PROVIDENCE – Reports from 4,539 commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. show that those banks had a combined...
Pot regulation proposal leaves banking problem
The Biden administration’s move to reclassify marijuana as a less-dangerous controlled drug was hailed as a monumental step in reshaping national policy. But it...
R.I. Bankers Association, other banking groups object to proposal to reduce...
PROVIDENCE – The Rhode Island Bankers Association joined 51 other U.S. bankers associations and the American Bankers Association in signing a letter to the...
BayCoast Bank’s Brouthers receives Emerging Leader Award from ABA
SWANSEA – Casey Brouthers, vice president, associate general counsel for BayCoast Bank, has received the 2023 Emerging Leader Award from the American Bankers Association,...
Fernandez wins ABA Foundation’s George Bailey Distinguished Service Award
PROVIDENCE – Paola Fernandez, senior vice president of community development for Centreville Bank, has been named the winner of the ABA Foundation’s 2023 George...
Yellen says bank situation stabilizing, different from 2008
WASHINGTON (AP) – Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional...
New proposal could put customers in charge of their financial data
If information is power, then banks and credit unions are in control.
That’s because every morsel of customer financial data, from spending patterns to credit...
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