Banking News Headlines

Thanks to all the Tennessee banks that participated in the 2008 National Children to Save Day, sponsored by the American Bankers Association Education Foundation. Register your activities by May 16.
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Late Thursday, Senator Joe Lieberman (I-Conn) introduced the Senate version of the ABA-opposed Credit Union Regulatory Improvements Act (S 2957)—better known as CURIA. Like its House companion bill (HR 1537), it would, among other things, loosen credit unions' capital standards, increase their cap on business lending from 12.25 percent of total assets to 20 percent, and expand their authority to add underserved communities to fields of membership.
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The Federal Reserve Board on Friday—along with the Office of Thrift Supervision and National Credit Union Administration—proposed rules intended to prohibit unfair credit card and overdraft protection practices.
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The Tennessee Bankers Association in partnership with Crowe invites you to participate in the 2008 Financial Institutions Compensation Survey. How wisely are you allocating your human resource dollars to manage costs yet gain a performance advantage? We invite you to participate in the 2008 Financial Institutions Compensation Survey. Any financial institution -- whether a holding company, affiliate or stand-alone bank -- may participate. The deadline for submitting survey questionnaires is May 23, 2008
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