Washington DC - March 8 - Key vacancies at federal agencies overseeing banks present the White House with appointment opportunities that will play a role in implementing the administration’s financial reform legislation, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - January 12 - President Obama is considering a fee on financial institutions to recover costs of the $700 billion bailout of the banking industry as he prepares to submit his annual budget, according to an article in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - December 3 - The most comprehensive survey to date of the unbanked and underbanked, reveals that more than one quarter (25.6 percent) of all households in the United States are unbanked or underbanked.

To read the entire report, CLICK HERE

Washington DC - December 3 - Senator Herb Kohl (D-WI) introduced the Safe Affordable Loan Act to help increase low and moderate income Americans’ access to mainstream financial institutions as an alternative to pay day lenders.

To read the entire report, CLICK HERE

Washington DC - September 17 - The Federal Deposit Insurance Corporation (FDIC) announced that it is releasing a free tool kit of information that will help borrowers, community stakeholders and the banking industry avoid unnecessary foreclosures.

To read the entire report, CLICK HERE

Washington DC - September 1 - New federal consumer protections for credit cards and mortgages — including prohibitions against abusive lending practices and requirements for clearer, more timely disclosures — will help people avoid surprises.

To read the entire report, CLICK HERE

Washington DC - August 11 - The Independent Community Bankers of America expressed support for the FDIC’s Proposed Statement of Policy on Qualifications for Failed Bank Acquisitions, which provides guidance to private capital equity firms that seek to invest in failed insured depository institutions.

To read the entire report, CLICK HERE

Washington DC - June 1 - The FDIC Board of Directors approved establishing the FDIC Advisory Committee on Community Banking to provide the FDIC with advice and guidance on issues impacting small community banks throughout the country.

To read the entire report, CLICK HERE

Washington DC - June 1 - The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) issued a final rule changing the way the FDIC administers its statutory restrictions on the deposit interest rates paid by banks that are less than well capitalized.

To read the entire report, CLICK HERE

Washington DC -May 7- The Federal Reserve and the national banking agencies have released the results of the stress tests - the most comprehensive, forward looking review of our nation’s largest banks ever undertaken, according to Treasury Secretary Timothy Geithner

To read Geithner’s statement, CLICK HERE

For The Supervisory Capital Assessment Program: Overview of “Stress Test” Results, CLICK HERE

Washington DC - May 6- Federal officials have announced the criteria under which the nation’s largest banks must meet set standards regarding their financial stability and viability.

To read the joint statement, CLICK HERE

Washington DC -March 3- Federal Reserve Chairman Ben Bernanke appeared on Capitol Hill today to talk about the economy, the economic stimulus package and the fiscal year 2010 budget.

To read Bernanke’s testimony to Congress, CLICK HERE

Washington, DC -November 23- The U.S. Treasury Department, Federal Reserve and the FDIC have announced an agreement with Citigroup which provides protection against unusually large losses on an asset pool.

To read the joint statement, CLICK HERE