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Tag Archives: bankers

Banking group petitioning for change to Volcker Rule

WASHINGTON, D.C. — The Independent Community Bankers of America (ICBA) is calling on federal regulators to broaden Volcker Rule accommodations for community bank holdings of collateralized debt obligations backed by trust-preferred securities. In a comment letter, ICBA wrote that the agencies’ interim final rule should exempt all TruPS CDOs and collateralized loan obligations to avoid unnecessary community bank write-downs and ...

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ABA honors BankPlus for program aimed at the underserved

RIDGELAND — The American Bankers Association has recognized 10 banks for their outstanding leadership by honoring them with an ABA Community Bank Award. The 2012 awards were presented in seven categories ranging from Improving Financial Literacy to Reaching Out to the Underserved. The ABA selection committee awarded 10 banks from a field of nearly 200 nominations based on the innovation, ...

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