RSSTBA News

May 13, 2011 - No. 11-20

In This Issue: TN Legislature Nearing End of Session – ...

ABA Report: Banks Lending to Rural America

Banks specializing in agricultural lending extended more than $127.4 billion ...

Senate Banking GOP Members Seek Economic Analysis of DFA Rules

The Senate Banking Committee’s 10 Republicans last week asked inspectors ...

FDIC Chairman Bair to Step Down July 8

FDIC Chairman Sheila Bair will leave her post on July ...

ABA Working on Alternative to FASB-IASB Loan-Impairment Proposal

The Financial Accounting Standards Board and the International Accounting Standards ...

FSOC Asked to Redraft Rule on Systemically Important Institutions

Rep. Randy Neugebauer (R-Texas), chairman of the House Financial Services’ ...

May 6, 2011 - No. 11-19

In This Issue: House Committee Passes TBA’s Foreclosure Advertising Bill ...

Treasury Proposes Exemption for FX Swaps, Forwards

The Treasury Department on Friday issued a proposed determination that ...

Coalition Promotes Reform Principles in Open Letter Ad

ABA and 16 other housing-related trade groups are running an ...

Postal Service to Sell Gift Cards in Market Test

The Postal Regulatory Commission last Thursday issued an order authorizing ...

ABA Urges FASB to Reject Proposal to End Balance Sheet Netting

ABA last week urged the Financial Accounting Standards Board and ...

April 29, 2011 - No. 11-18

In This Issue: TBA Foreclosure Advertisement Legislation – 1 Fannie ...

SBLF Program Offers More FREE Webinars

The Small Business Lending Fund program has added more free, ...

Bernanke Says No Time Frame for Raising Interest Rates

Federal Reserve Chairman Ben Bernanke confirmed at his historic press ...

Nominate a Community Banker: The Most Powerful Women in Banking Awards

US Banker magazine andAmerican Banker are collecting nominations for the ...

Survey Finds Small Issuers Skeptical of Interchange Rule Exemption

Small debit-card issuers are skeptical of the proposed debit interchange ...

Prepaid Program Appeals to Banks of All Sizes

Business Solutions, an ABA subsidiary, launched the Community Bank Prepaid ...

ABA Recommends Clarification to Prepaid Card Rule

ABA generally supports an interim final rule issued by the ...

April 22, 2011 - No. 11-17

In This Issue: TBA Foreclosure Legislation Update – 1 Growing ...

April 15, 2011 - No. 11-16

In This Issue: Foreclosure Notice Bill – 1 Update on ...

Summary of Foreclosure Notice Legislation

Click Here to download the Summary of Foreclosure Notice Legislation

Miltier vs. Bank of America: Punitive Damages Awarded for Wrongful Foreclosure

Download the appeal: Click Here

T&L Investments v. Bayview and M&T Bank: Prepayment Penalties are Enforceable in TN

T&L Investments v. Bayview and M&T Bank: Prepayment Penalties are ...

OCC Offers Consumer Tips to Avoid Foreclosure Rescue Scams

WASHINGTON — The Office of the Comptroller of the Currency issued an advisory today that provides advice to help prevent borrowers from becoming victims of foreclosure rescue scams.

ABA Encourages Consumers to “Pass” on an Identity Theft Nightmare This Halloween - Offers Consumers Identify Theft Prevention Tips

This Halloween, the American Bankers Association is urging consumers to follow some simple steps to “PASS” on identity theft.

Beware of Bogus IRS Survey Scam

The Internal Revenue Service yesterday warned consumers about an E-mail scam that falsely promises recipients $80 for participating in an online customer satisfaction survey. The IRS is referenced in the E-mail's "from" and "subject" lines, and the survey form features the IRS logo.

Fed: Florida Firm Issues Bad Checks, Currency

Miami-based United Cities Corp has issued illegitimate checks and also claims to have created a new currency called "The United States Private Dollar," the Federal Reserve warned consumers yesterday.

ABA’S New Guide Helps Consumers Understand Credit Card Agreements

WASHINGTON, Aug 15 – Everyone agrees that credit card disclosures could be simpler and easier to understand. While federal regulators complete the process of updating credit card disclosures, the American Bankers Association has developed a free resource to help consumers make informed choices about credit cards.

FDIC Publication Offers Consumer Tips

On Friday, the FDIC issued a special edition of its quarterly FDIC Consumer News that contains 51 tips intended to help consumers save money on loans and credit cards.

OCC Launches Consumer Web Site

The Office of the Comptroller of the Currency yesterday announced the launch of HelpWithMyBank.gov, a new Web site designed to provide basic banking information and assistance to national bank customers.

New Fed Consumer Protection Site

As part of its ongoing commitment to consumer protection, the Federal Reserve Bank of Kansas City has launched a new consumer protection website. The site features answers to the most commonly asked consumer questions related to banking and includes a link allowing consumers to ask specific questions. The site also offers a wealth of financial education tools. If consumers have a concern with a specific financial institution, the site will direct them to the appropriate regulatory agency to file a complaint

Comptroller Dugan Unveils PSAs Encouraging Delinquent Borrowers to Contact Lenders for Help to Avoid Foreclosure

Comptroller of the Currency John C. Dugan unveiled two new Public Service Announcements (PSAs) aimed at encouraging delinquent mortgage borrowers to get help by contacting their lenders or a trusted housing counselor in order to avoid foreclosure.

Take Back the Net Seminar

Tennessee bankers, security officers and staff joined some 70 other participants in the Take Back the Net seminar. The meeting featured an address by State Attorney General Bob Cooper and representatives from the FBI, AOL, MasterCard, Visa, and Microsoft.

IRS Warns of Another E-Mail Scam

On Friday, the Internal Revenue Service warned about the latest version of a bogus E-mail that tells people they are under investigation by the agency's Criminal Investigation Division for submitting a false tax return to the California Franchise Tax Board.

OCC Warns about Bogus CRA Grant Offers

The Office of the Comptroller of the Currency warned consumers not to fall for solicitations about a so-called "Community Reinvestment Act Program" that purports to offer cash grants or equity disbursements.

Fed to Switch Computer Systems

The Federal Reserve Banks will decommission their current computer system by June 30, 2009, Fed officials said this week. Customers of all critical payment services, including Fedwire Funds, Fedwire Securities, and FedACH Services, will be moved to the new system by Dec. 31, 2008.

Fed Warns of Questionable Mortgage Solicitations

On Friday, the Federal Reserve issued an alert about instances of questionable solicitations directed at homeowners. The Fed has received inquiries and complaints from recipients of direct-mail solicitations that suggest there is a Community Reinvestment Act program that entitles certain homeowners to cash grants or equity disbursements.

NFCC Launches 2007 National Financial Literacy Poster Contest

In an effort to spread lessons in financial literacy to the youth of our nation, the National Foundation for Credit Counseling (NFCC) is sponsoring the BE MONEY WISE National Poster Contest in 2007. The theme is “Plant the Seed of Saving to Grow Your Future.”

OTS Issues Consumer Brochure on Gift Cards

As part of the Office of Thrift Supervision's Consumer Protection Week series, yesterday the agency unveiled a brochure, "Consumer Fact Sheet: Buying, Giving, and Using Gift Cards," that gives advice on gift cards issued by financial institutions.

FDIC Issues Suggestions for Managing Money

The winter issue of FDIC Consumer News, released yesterday for National Consumer Protection Week, features practical suggestions for dealing with money matters.

FDIC Encourages Consumers, Banks to Use IRS Tax Help Programs

Yesterday, the FDIC encouraged low- and moderate-income taxpayers to take advantage of Internal Revenue Service programs and bank services that can help them save more money for future goals.

Financial Services Committee Issues Fraud Warning

The House Financial Services Committee yesterday warned consumers that the ...

State AG warns to use care when holiday shopping online

With the holiday shopping full swing, many consumers may choose ...

Don't Get Taken in the Season of Giving: NFCC Tips on Protecting Your Credit While Holiday Shopping

NFCC PRESS RELEASE December 4, 2006 Contact: Nick Jacobs - ...




Choose the TBA Barrett Training Center for Your Next Event

Contact: Cheryl Nesbit
cnesbit@tnbankers.org
Training Center Coordinator
Phone: 615/244-4871
or 800/964-5525
Fax: 615/244-0995