Pub. 14 2024-2025 Issue 1

Content (marketing) is king. Not only that, but over the last few years, few months in fact, social media marketing has taken on an even greater importance. The opportunities that arise from messaging across social media platforms, in particular, are enormous. The key to growing share of wallet, deposits, customers and revenues is growing relationships. […]

July 10 CFPB 1071 Rule — Understanding the Impact on Small Business Lending in Your Bank The CFPB’s 1071 Rule has been referred to as the most significant effort of data collection and reporting for financial institutions in nearly 50 years. This session will cover the Rule’s impact on small business lending as well as

The banking agencies are tasked with writing and implementing regulations for the laws enacted by Congress, but they do not have free reign. In creating these rules, regulators must act within the boundaries of their statutory authority or run the risk of legal challenge — and ABA has not been afraid to hold them accountable

I’ve heard that there’s a new option for savings in 529 plans to be rolled over to an IRA. Is this true? The SECURE Act of 2022 — also known as SECURE 2.0 — made many changes to tax-advantaged savings arrangements. Not all SECURE 2.0 provisions took effect immediately. One new provision that takes effect

This year brought two important regulatory developments: small business lending data collection requirements under Section 1071 and Community Reinvestment Act (CRA) reform. While these regulatory updates were announced in 2023, the steps required to comply will keep financial institutions busy in 2024 and beyond. As you continue your institution’s compliance action planning, we share key

A card is either a credit card or a debit card. What about a home equity line of credit (HELOC) access card? Is that a credit card or a debit card? Or something in between? If it’s in between, does Regulation E apply? Regulation Z? It is easy to talk yourself in circles, but let’s

Colby Cochran Director, Branch Banking First National Bank of Omaha What makes your bank unique? At FNBO, we pride ourselves on being a Great Big Small Bank. We have been in business for more than 165 years and are family-owned, so we understand the importance of knowing our communities well. This allows us to provide

Introducing new banking products in the financial services industry is an exciting venture and what gives financial institutions a competitive advantage. However, with all innovation comes great responsibility, especially when it comes to safeguarding those new products against fraud. It is no secret that a significant increase in fraud is one of the biggest concerns

Any bank executive who’s taken part in critical vendor contract reviews, RFPs, negotiations and renewals knows that the process can be cumbersome (at best). Contracts, by nature, are challenging to get right, and maintaining your fair share of leverage in the relationship is complex. Arcane terms and clauses are added by attorneys and purchasing teams