Archives for July 2013

Judge Strikes Down Fed’s Swipe Fee Rules

“The Federal Reserve disregarded the Congress’s intent in deciding how much banks can charge merchants for debit-card transactions, a judge ruled, handing a victory to retailers who challenged the fees as being too high. U.S. District Judge Richard Leon in Washington ruled today that the Fed considered data it wasn’t allowed to use in setting Read the Rest…

Montana Banker Makes ICBA’s More Outstanding Lenders List

Every year the Independent Community Bankers of America (ICBA) recognizes outstanding lenders across the country. We are pleased to announce that American Federal Savings Bank’s own Gail Mann was included in this year’s group! “For several years ICBA Independent Banker has asked community bankers across the country to identify colleagues who they consider outstanding community Read the Rest…

Bankers Are Balking at a Proposed Rule on Capital

By GRETCHEN MORGENSON Published: July 13, 2013 A version of this article appeared in print on July 14, 2013, on page BU1 of the New York edition with the headline: Bankers Are Balking At Tighter Suspenders. OUR nation’s largest banks have grown accustomed to regulators who are respectful, deferential and mindful of these institutions’ needs and desires. So, last Read the Rest…

ICBA: Tiered Regulatory Capital Approach Essential for Community Banks to Support Main Street

Washington, D.C. (July 2, 2013)—The Independent Community Bankers of America® (ICBA) today released this statement following the Federal Reserve Board’s vote approving final rules to implement Basel III regulatory capital standards. “While ICBA continues to strongly support a general community bank exemption from the Basel III capital standards, we appreciate regulators’ efforts to provide targeted Read the Rest…

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