August 22, 2024

AUGUST Safe Deposit Box SeminarAugust 29Virtual SEPTEMBER Fall Agribusiness ConferenceSeptember 5-6Lincoln Essential Teller Issues SeminarSeptember 16Ogallala Essential Teller Issues SeminarSeptember 17Kearney Essential Teller Issues SeminarSeptember 18Norfolk Essential Teller Issues SeminarSeptember 19Lincoln Advanced School of Banking — Year 1September 23-27Kearney Fall IRA WorkshopSeptember 23-24Lincoln Nebraska Fall TourSeptember 23Ogallala Nebraska Fall TourSeptember 24Grand Island Fall IRA WorkshopSeptember […]

After a little more than two years and 525bp worth of rate hikes, the Federal Reserve has started to signal that rate cuts are on the horizon. During that period of rapid rate hikes, we saw an increased focus on asset liability management (ALM)/interest rate risk (IRR) model assumption review and documentation. Along with rising rates, we also saw an increasingly competitive environment for deposits, which drove cost of funds up much faster than assumed across the board.

As data breaches continue to trend up, organizations are spending more money and resources to ensure they have the appropriate solutions in place to prevent attacks without disrupting normal business. All organizations should consider the following topics as part of an information security program review.

A card is either a credit card or a debit card. What about a home equity line of credit (HELOC) access card? Is that a credit card or a debit card? Or something in between? If it’s in between, does Regulation E apply? Regulation Z? It is easy to talk yourself in circles, but let’s make sense of it once and for all.

The banking agencies are tasked with writing and implementing regulations for the laws enacted by Congress, but they do not have free reign. In creating these rules, regulators must act within the boundaries of their statutory authority or run the risk of legal challenge — and ABA has not been afraid to hold them accountable in court when they get it wrong. But Congress can also hold agencies accountable when there are policy disagreements by simply overriding final rules.