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UPDATE

May 11, 2022

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NBA Annual Convention Recap

Thank you to the bankers, guests, sponsors and trade show exhibitors who attended the NBA Annual Convention, May 5-6!

 

Stephen Stull, president and CEO of Nebraska Bank chartered in Dodge, was formally elected as the NBA Chair. Lydell Woodbury, chairman and CEO of First Nebraska Bank chartered in Valley, is the new NBA Chair-Elect.

Learn more about Stephen and Lydell

 

The NBA also recognized the following:

  • Incoming and outgoing members of the NBA Board of Directors, outgoing members of the Nebraska Bankers Insurance & Services Co. Board of Directors and one incoming member, and an outgoing member of the NBA Voluntary Employees Beneficiary Association Board of Trustees; (Learn More)
  • Bankers with 50 years of service to the Nebraska banking industry - since 1962, the NBA has recognized 325 bankers as 50-year bankers. Also, Nebraska State Bank of Lynch was honored for 75 years of service. (Learn More)
  • Members of the NBA Leadership Class of 2022 and 2024; (Learn More)
  • Banks receiving Leaders in Financial Education Awards; and (Learn More)
  • NBA Foundation Scholarship recipients. (Learn More)


Also, the NBA State BankPAC Online Auction raised $11,068 with 39 items being donated to the auction. The annual Auction dollars help elect those candidates who are pro-banking and pro-business.

Congratulations - Nebraska Primary Election

Congratulations to Jim Pillen and Senator Carol Blood on their primary election victories. Both candidates are committed to Nebraska and passionate about improving life in our great state.


The general election is Nov. 8. The NBA partnered with the American Bankers Association on a Get Out to Vote toolkit. Use the toolkit to access flyers and posters to share reminders about Election Day.

Order 2023 Scenes of Nebraska Calendars

The NBA is pleased to announce a new calendar vendor, Omaha-based Aradius Group. All orders will be placed through the online ordering portal.


You will be able to upload your bank’s custom logo, approve the proof, and track shipping all through the portal. 


Learn more and view a “How-To” video of the new ordering process here.

Legislative, Policy & Regulatory Updates

Banking Agencies Release CRA Overhaul Proposal

The Federal Reserve, Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency released a joint notice of proposed rulemaking to update Community Reinvestment Act (CRA) regulations. 

 

The new proposal includes three assessment tiers: large banks ($2 billion or more in assets); intermediate banks ($600 million to $2 billion in assets); and small banks (less than $600 million in assets).

 

Large banks would be subject to: a retail lending test; a retail services and products test; a community development financing test; and the community development services test. Intermediate-sized banks would be subject to the retail lending test and the status quo community development test, but may opt into the community development financing test. Small banks would be evaluated under the status quo small bank lending test, unless they choose to opt into the retail lending test. Banks can also choose to be evaluated under a CRA strategic plan as an alternative method for evaluation.

 

Comments on the proposal are due Aug. 5. 

Read the Proposed Rule

Read a Fact-Sheet


ECOA Applies to Existing Borrowers

The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion affirming that the Equal Credit Opportunity Act (ECOA) applies to both consumers who are seeking credit and those who have received it. 

Learn More

 

CFPB Releases Fair Lending Report

The Consumer Financial Protection Bureau (CFPB) released its annual Fair Lending Report to Congress which covers activities in 2021. Looking ahead, the agency noted it will be, “sharpening its focus on digital redlining and algorithmic bias.”

Read the Report

Upcoming Events



To see the complete event schedule, visit the NBA Event Calendar.

Banks & Bankers

May 4 - 10


Email your news, press releases, photos and/or newspaper articles to be published in Banks & Bankers. Send content to news@nebankers.org.

Mortgage, Utility Relief Available for Homeowners

Financial assistance is available for homeowners who have missed mortgage payments due to the economic impacts of COVID-19. 

Learn More

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