American Bankers Association
Close the Stablecoin Loop (Cathy Owen Commentary)
Unless lawmakers step in to make rules for stablecoin, billions of dollars could be drawn out from banks, and local communities, as a result. read more >
by Cathy Owen -
Rebekah Guiltner Named Executive Vice President & COO of FNBC Bank of Ash Flat (Super Mover)
Rebekah Guiltner will be guiding FNBC Bank of Ash Flat with her new position as Executive VP & COO. read more >
Estate Tax Change Brings Hope for Small Banks
Amid a long-term decline in community banking, a provision in the One Big Beautiful Bill Act could help preserve family-owned banks serving rural areas. read more >
by Griffin Coop -
Federal Lawsuit Delays New Community Reinvestment Act Rules, Leaving Banks in Limbo
Since Jimmy Carter signed it in 1977, the CRA has required federal agencies to review thousands of banks’ efforts to meet the credit needs of their communities, particularly low- and moderate-income areas. read more >
by Kyle Massey -
Bank Groups Sue the Consumer Financial Protection Bureau Over a Proposed Cap on Overdraft Fees
The rule is part of President Joe Biden administration's campaign to reduce junk fees that hit consumers on everyday purchases, including banking services. read more >
by Associated Press -
Jentry Jones Hired as Senior VP at Generations Bank (Movers & Shakers)
Jones has been hired as senior vice president, senior business development officer at Generations Bank of Rogers. read more >
Robert Geary Appointed Controller of Sowell Management (Movers & Shakers)
He was previously controller of Coulson Oil Co. of Little Rock. read more >
Cases of Check Fraud Escalate Dramatically, with Americans Warned Not to Mail Checks
Banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network, also known as FinCEN, last year. That's up from 350,000 reports in 2021. read more >
by Associated Press -
Army of Lobbyists Helped Water Down Banking Regulations
It seemed like a good idea at the time: Red-state Democrats facing grim reelection prospects would join forces with Republicans to slash bank regulations — demonstrating a willingness to work with President Donald Trump while bucking many in their party. read more >
Inflation Slowing, Economists Tell Arkansas State Chamber
Uncertainty remains, but the good news is that Arkansas and the country seem to be nearing full employment. read more >
Owen Selected as ABA Vice Chairman (Movers & Shakers)
Cathy Owen, chairman of Eagle Bank & Trust of Little Rock, was elected vice chairman of the government relations council at the American Bankers Association annual conference. read more >
Women Bankers See Progress in Industry
White male bankers still predominate, but the face of the business is changing. read more >
by Marty Cook -
Dwight Ford Named Executive VP, Chief Credit Officer at First Community Bank of Batesville
He has more than 26 years of experience in the industry. read more >
Arvest CEO Elected to National Board
Kevin Sabin, president and CEO of Arvest Bank, was elected to the American Bankers Association’s board of directors on Tuesday during the organization’s virtual annual meeting. read more >
Bankers Decry $22.4M Award in Fax Case
A $22.4 million judgment against Wells Fargo Bank tied to a case over unwanted faxes wasn’t based in reality, according to bankers’ associations. read more >
by Mark Friedman -
FNBC Bank Loan of $150 in ’41 Writes Script for Video Award
FNBC Bank of Ash Flat received national recognition from the American Bankers Association at the second annual ABA Bank Marketing Video Awards in New Orleans. read more >
by George Waldon -
PACE Financing Under Fire From Tom Cotton
Pulaski County Judge Barry Hyde calls PACE financing a home run, something that makes "a lot of sense to a lot of people." U.S. Sen. Tom Cotton calls PACE a scam to "trick seniors into taking out high-interest loans for 20 years, along with liens on their homes." read more >
by Kyle Massey -