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Kansas City Fed names veteran banker and regulator as chief

American Banker

Schmid will assume Esther George's former role on August 21.

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New CECL Excel SCALE Tool from Federal Reserve

Abrigo

The Scaled CECL Allowance for Losses Estimator (SCALE) tool was unveiled during an “Ask the Fed” webinar , where regulators described the Excel spreadsheet-based option using estimated loss rates from peers as a “ starting point ” in the calculation. They also said it doesn’t ensure compliance with U.S. Be Prepared.

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Small banks: Big challenges and big opportunities

Abrigo

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Check out our 1071 compliance resources. Balance runoff is picking up speed, according to financial consulting firm Curinos. Worried about complying with the CFPB 1071 rule?

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Kansas City Fed rejects Custodia's master account application

American Banker

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NFL Unveils 2020 Schedule But Questions Persist

PYMNTS

10 as the defending Super Bowl champion Kansas City Chiefs host the Houston Texans in a rematch of the American Football Conference Divisional playoffs, according to the NFL. The National Football League’s 101st season begins in prime time on Sept. Or will it? “In

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Kansas City Fed President Esther George to retire, creating second 2023 opening

American Banker

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No permanent successor in sight as Kansas City Fed president retires

American Banker

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