Latest Headlines

Vote 2020 Site Offers Important Information for Voters (10/26/2020) 
With election day just days away, the Vote 2020 site offers important information for voters.
 
With Nod to Industry Progress, CFPB Seeks Feedback on Data Access Regs (10/23/2020) 
CFPB issues a proposed rulemaking on consumer-authorized access to financial records.
 
Arkansas Bankers Association partners with Bank Marketing Center (10/16/2020) 
The ABA announced the endorsement BankMarketingCenter.com.
 
SBA Clarifies Expiration Date on PPP Forgiveness Forms (10/14/2020) 
Borrowers may submit a loan forgiveness app at any time before the loan matures.
 
ABA, Financial Groups Oppose Proposed Payments Charter Changes by OCC (10/14/2020) 
AmBA and six financial trade groups said they oppose OCC's payments charter changes.
 
SBA Streamlines PPP Forgiveness for Loans of $50,000 and Under (10/9/2020) 
The SBA released a streamlined loan forgiveness application for PPP loans totaling $50,000 or less.
 
SBA Updates PPP FAQs to Address Payment Deferral Extension (10/8/2020) 
The SBA updated the PPP FAQs to address the deferral period extension.
 
Community Banker Calls for Sensible Changes to Outdated Brokered Deposit Rules (10/8/2020) 
Mary Fowler, CEO of Peoples Bank, calls for sensible changes to outdated brokered deposit rules.
 
Powell: Economic Outlook Uncertain, Depends on Controlling Spread of Coronavirus (10/7/2020) 
The U.S. economic outlook remains highly uncertain and depends on controlling COVID-19.
 
AmBA, Arkansas Bankers Release Ad Thanking Rep. Hill for Support for PPP (10/7/2020) 
The Arkansas Bankers Association & AmBA released a voter education ad thanking Rep. French Hill.
 
SBA Issues Guidance on PPP Borrower Changes of Ownership (10/5/2020) 
The SBA issued guidance on required procedures when a PPP borrower changes ownership.
 
AmBA Launches National Anti-Phishing Campaign with 1,500 Bank Partners (10/1/2020) 
AmBA launched a first-of-its kind, industry-wide campaign to educate consumers about phishing scams.
 
AmBA, Trade Groups Make Push for More PPP Funding, Streamlined Forgiveness (9/30/2020) 
AmBA is urging congressional leaders to pass legislation that would allow for more funding for PPP.
 
Nichols Asks Bankers to Call Congressional Leaders on PPP Legislation (9/30/2020) 
Call to Action: Bankers urged to contact House & Senate leaders this week in support of S. 4117.
 
Acknowledging Systemic Risk, FSOC Endorses Plan to Raise Fannie, Freddie Capital (9/28/2020) 
he FSOC unanimously endorsed the FHFA’s plan to rebuild Fannie and Freddie’s capital levels.