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Banking News
Private Flood Insurance Rule Takes Effect Today (7/1/2019) 
The financial regulatory agencies’ joint rule on private flood insurance acceptance takes effect today, July 1.
 
Bankers: Ask Lawmakers to Support CECL Stop and Study Bills (6/28/2019) 
Given the significant operational challenges and potential economic consequences arising from the current expected credit loss standard, ABA is calling on bankers to contact their lawmakers immediately in support of legislation that would delay CECL’
 
New Report Finds Credit Unions Operate with ‘Scant Regard’ for Statutory Mission (6/27/2019) 
On the eve of the 85th anniversary of the Federal Credit Union Act’s enactment, new research released found that credit unions are falling short of their mission to serve households of “small means.”
 
NCUA Votes to Delay Risk-Based Capital Rules for Credit Unions (6/21/2019) 
In a move strongly opposed by ABA, the National Credit Union Administration by a 2 to 1 margin yesterday voted to delay the effective date of the 2015 risk-based capital rule until January 1, 2022.
 
Senators Introduce Draft of Bipartisan AML Reform Bill (6/11/2019) 
A bipartisan group of senators released draft legislation aimed at reforming several existing anti-money laundering rules.
 
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Community Banking in Arkansas

Julie Stackhouse, Executive Vice President with the Federal Reserve Bank of St. Louis, discusses community banking at the 2019 Annual Convention.

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