American Credit News

The Independent Community Bankers of America (ICBA) has expanded its relationship with Wolters Kluwer to include two new offerings: the BizFilings Beneficial Ownership Information Filing platform and OneSumX Reg Manager.

Bank of America Corporation has announced its plan to redeem the entire $2 billion principal amount outstanding of its 1.530% Fixed/Floating Rate Senior Notes, which are due in December 2025.

The Chairman of the House Financial Services Committee, Patrick McHenry, has announced an upcoming hearing titled "Innovation Revolution: How Technology is Shaping the Future of Finance."

The American Fintech Council (AFC) has called on the Federal Deposit Insurance Corporation (FDIC) to withdraw its proposed rulemaking on brokered deposits.

Navy Federal Credit Union has announced a new multi-year partnership with several nonprofit organizations dedicated to serving the military community.

The American Fintech Council (AFC) has expressed support for the nomination of Scott Bessent as Secretary of the Treasury.

Ranking Member Tim Scott from South Carolina has issued a statement regarding the nomination of Scott Turner as Secretary of Housing and Urban Development.

A lame-duck session of Congress occurs when the current Congress meets after its successor has been elected but before the new term begins.

Lightico and GM Financial are set to host a webinar on December 5th at 2:00 p.m. EST, focusing on the impact of digitization in the auto finance sector.

AFSA has reached out to President-elect Trump, sending a letter to highlight its mission and the interests of its members.

The American Fintech Council (AFC) recently held its 2024 Policy Summit, where it announced the winners of the inaugural AFC Awards.

AFSA's State Government Affairs team has published an overview of the state trifecta and majority status following the recent elections.

The Federal Deposit Insurance Corporation's (FDIC) recent proposal on brokered deposits has come under scrutiny from a coalition of trade associations.

The Wall Street Journal Editorial Board has published an op-ed criticizing the Durbin-Marshall Credit Card Bill, which is being pushed by Senator Dick Durbin.

The Electronic Payments Coalition (EPC) has released new research highlighting the benefits of electronic payments for both small businesses and consumers during Thanksgiving.

The U.S. Senate has passed the bipartisan Working Dog Commemorative Coin Act, a bill that was introduced in the House by Chairman Patrick McHenry and led in the Senate by Senators Ted Budd, Mark Kelly, Thom Tillis, and Tammy Duckworth.

The Federal Deposit Insurance Corporation (FDIC) has proposed changes to its brokered deposits rule, which the Bank Policy Institute (BPI) claims would increase costs and limit product availability for consumers.

Today, the House Financial Services Committee, led by Chairman Patrick McHenry, is conducting a hearing to oversee President Biden's prudential banking regulators.

In Washington, D.C., Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg announced his resignation effective January 19th.

The Senate Judiciary Committee recently concluded a hearing concerning the Durbin-Marshall Credit Card Bill, which has sparked significant controversy.