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Banking News
House Passes ABA-Backed SAFE Banking Act (4/20/2021) 
The House passed the SAFE Banking Act of 2021.
AmBA Urges Bankers: Oppose NCUA CUSO Proposal (4/20/2021) 
AmBA is calling on bankers to write to the NCUA to oppose a proposed rule that would expand the range of permissible lending activity for credit union service organizations.
CFPB Rescinds Several Temporary Pandemic Flexibilities (4/1/2021) 
The CFPB rescinded seven policy statements that provided temporary flexibilities for financial institutions when serving customers during the COVID-19 pandemic.
IRS Extends Contribution Due Dates for IRAs and HSAs to May 17 (3/30/2021) 
The IRS extended due dates for contributions to individual retirement arrangements, health savings accounts and other similar savings accounts to May 17.
ARRC Outlines Approach for Using SOFR in New Issuances of Securitized Products (3/30/2021) 
The ARRC outlined a model for using the Secured Overnight Financing Rate—the ARRC’s preferred Libor alternative—in asset-backed securities products.
Upcoming Events

The Arkansas Bankers Association and the Arkansas Pharmacists Association have teamed up through Operation Vax Speed to help increase COVID-19 vaccination clinic capacity, especially in rural areas. Learn More.

The Arkansas Bankers Association is looking for an Operations Support Coordinator to join the team. This is a part time position that allows for a flexible schedule. For complete details, click here.