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September 30, 2021 - NCUA Issues Prohibition Orders and Notices -
The National Credit Union Administration issued two prohibition orders and two
notices of prohibition in September.
www.ncua.gov/newsroom/press-release/2021/ncua-issues-prohibition-orders-and-notices-0
September 30, 2021 - How Did the 2018–19 U.S. Tariff Hikes Influence Household
Spending? - Young, Black, and Hispanic households spent higher shares of their
total spending on goods affected by increased tariffs in 2018–19.
www.kansascityfed.org/research/economic-review/how-did-the-201819-us-tariff-hikes-influence-household-spending/
September 30, 2021 - The Effect of Immigration on Local Labor Markets: Lessons
from the 1920s Border Closure - The 1920s U.S. border closure substantially
reduced immigration, with uneven effects on regional economies.
www.kansascityfed.org/research/research-working-papers/the-effect-of-immigration-on-local-labor-markets-lessons-from-the-1920s-border-closure/
September 30, 2021 - Federal Reserve Bank of Kansas City Announces Second
Quarter Small Business Lending Survey Results - The second quarter Small
Business Lending Survey found that balances on small business commercial and
industrial loans decreased in the second quarter of 2021.
www.kansascityfed.org/newsroom/2021-news-releases/federal-reserve-bank-of-kansas-city-announces-second-quarter-small-business-lending-survey-results/
September 30, 2021 - Measuring the systemic importance of large US banks -
Andrew Hawley, and Marco Migueis - The failure of large and connected financial
institutions often leads to system-wide financial crises and economic downturns.
www.federalreserve.gov/econres/notes/feds-notes/measuring-the-systemic-importance-of-large-us-banks-20210930.htm
September 30, 2021 - Surveys and Reports - Senior Credit Officer Opinion Survey
on Dealer Financing Terms, September 2021 - The September 2021 Senior Credit
Officer Opinion Survey on Dealer Financing Terms collected qualitative
information on changes in credit terms and conditions in securities financing
and over-the-counter derivatives markets between mid-May 2021 and mid-August
2021.
www.federalreserve.gov/data/scoos/scoos-202109.htm
September 30, 2021 - Between College and That First Job: Designing and
Evaluating Policies for Hiring Diversity - Soumitra Shukla - Despite widespread
caste disparities, compensatory hiring policies remain absent from the Indian
private sector.
www.federalreserve.gov/econres/ifdp/designing-and-evaluating-policies-for-hiring-diversity.htm
_____________________
September 30, 2021 - How Did the 2018�19 U.S. Tariff Hikes Influence
Household Spending? - Young, Black, and Hispanic households spent
higher shares of their total spending on goods affected by increased
tariffs in 2018�19.
www.kansascityfed.org/research/economic-review/how-did-the-201819-us-tariff-hikes-influence-household-spending/
September 30, 2021 - Pandemic-related Shifts in Consumer Payment
Patterns Persisted into 2021 - The ways U.S. consumers use cash and
other payment methods continue to show the marks of the COVID-19
pandemic, with households holding modestly higher amounts of cash
while also migrating toward not-in-person payments, according to a
recent survey conducted by the Federal Reserve System�s Cash Product
Office and the Federal Reserve Bank of Atlanta.
www.frbsf.org/our-district/press/news-releases/2021/pandemic-related-shifts-in-consumer-payment-patterns-persist/
September 30, 2021 - Between College and That First Job: Designing
and Evaluating Policies for Hiring Diversity - Soumitra Shukla -
Despite widespread caste disparities, compensatory hiring policies
remain absent from the Indian private sector.
www.federalreserve.gov/econres/ifdp/designing-and-evaluating-policies-for-hiring-diversity.htm
September 30, 2021 - When Uncertainty and Volatility Are
Disconnected: Implications for Asset Pricing and Portfolio
Performance - Yacine A�t-Sahalia, Felix Matthys, Emilio Osambela,
and Ronnie Sircar - We analyze an environment where the uncertainty
in the equity market return and its volatility are both stochastic
and may be potentially disconnected.
www.federalreserve.gov/econres/feds/when-uncertainty-and-volatility-are-disconnected.htm
September 30, 2021 - Regulatory Reform - Discount Window Lending,
2019:Q3 - Federal Reserve lending to depository institutions plays
an important role in supporting the liquidity and stability of the
banking system and the effective implementation of monetary policy.
www.federalreserve.gov/regreform/discount-window.htm
September 29, 2021 - From Gaps to Growth: Equity as a Path to
Prosperity - Mary C. Daly, President and Chief Executive Officer
Federal Reserve Bank of San Francisco
www.frbsf.org/our-district/press/presidents-speeches/mary-c-daly/2021/september/from-gaps-to-growth-equity-as-a-path-to-prosperity/
September 28, 2021 - OCC Reports Improvement in Mortgage Performance
- The Office of the Comptroller of the Currency reported that the
performance of first-lien mortgages in the federal banking system
improved during the second quarter of 2021.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-103.html
September 28, 2021 - Speech by Governor Michelle W. Bowman -
Creating a New Model for the Future of Supervision At the Community
Banking in the 21st Century Research and Policy Conference, St.
Louis, Missouri (virtual conference).
www.federalreserve.gov/newsevents/speech/bowman20210928a.htm
September 28, 2021 - Testimony by Chair Jerome H. Powell Coronavirus
and CARES Act Before the Committee on Banking, Housing, and Urban
Affairs, U.S. Senate, Washington, D.C.
www.federalreserve.gov/newsevents/testimony/powell20210928a.htm
September 27, 2021 - �The current surge in relative prices is not
having a worrisome effect on inflation expectations over the longer
run.� - Charles L. Evans, President and CEO at the 63rd National
Association for Business Economics Annual Meeting in Arlington, VA.
www.chicagofed.org/publications/speeches/2021/september-27-nabe-annual-meeting
September 27, 2021 - St. Louis Fed Cohosts �The Future of Building
Wealth� Book Launch - Wealth gaps have grown over the past three
decades making it increasingly difficult for American families to
achieve financial security.
www.stlouisfed.org/news-releases/2021/09/27/st-louis-fed-cohosts-future-building-wealth-book-launch
September 27, 2021 - Speech by Governor Brainard on the economic
outlook Governor Lael Brainard At "Shocks, Shifts, and the Emerging
Economic Landscape" 2021 Annual Meeting of the National Association
for Business Economics, Arlington, Virginia.
www.federalreserve.gov/newsevents/speech/brainard20210927a.htm
September 24, 2021 - Mutual Savings Associations: Requirements and
Process for Voluntary Liquidation - Voluntary liquidation is the
process by which a mutual FSA that has decided to close, without
being sold to another owner or merged with another entity, winds
down its operations and ceases to exist by terminating its charter.
www.occ.gov/news-issuances/bulletins/2021/bulletin-2021-45.html
September 24, 2021 - Tenth District Services Activity Growth
Remained Positive - Tenth District services growth continued to ease
but remained positive, and activity was expected to increase at a
moderate pace over the next six months.
www.kansascityfed.org/
September 24, 2021 - FDIC Makes Public August Enforcement Actions -
The Federal Deposit Insurance Corporation (FDIC) today released a
list of orders of administrative enforcement actions taken against
banks and individuals in August.
www.fdic.gov/news/press-releases/2021/pr21087.html
September 24, 2021 - Cybersecurity and Financial System Resilience
Report, September 2021 - In response to a Consolidated
Appropriations Act requirement, the Board will publish this report
annually for the next seven years to describe measures it has taken
to strengthen cybersecurity in the financial services sector.
www.federalreserve.gov/publications/files/cybersecurity-report-202109.pdf
September 24, 2021 - Trade Policy is Real News: Theory and Evidence
- George Alessandria and Carter Mix - We evaluate the aggregate
effects of changes in trade barriers when these changes can be
implemented slowly over time and trade responds gradually to changes
in trade barriers because firm-level trade costs make exporting a
dynamic decision.
www.federalreserve.gov/econres/ifdp/trade-policy-is-real-news-theory-and-evidence.htm
September 24, 2021 - Why Do We Think That Inflation Expectations
Matter for Inflation? (And Should We?) - Economists and economic
policymakers believe that households' and firms' expectations of
future inflation are a key determinant of actual inflation.
www.federalreserve.gov/econres/feds/why-do-we-think-that-inflation-expectations-matter-for-Inflation-and-should-we.htm
September 24, 2021 - Can the Federal Reserve Effectively Target Main
Street? Evidence from the 1970s Recession - John Kandrac - Modern
central bankers confront a challenge of providing economic stimulus
even when the policy rate is constrained by a lower bound.
www.federalreserve.gov/econres/feds/can-the-federal-reserve-effectively-target-main-street-evidence-from-the-1970s-recession.htm
September 24, 2021 - Liquidity Provision and Co-insurance in Bank
Syndicates - Kevin F. Kiernan, Vladimir Yankov, Filip Zikes - We
study the capacity of the banking system to provide liquidity to the
corporate sector in times of stress and how changes in this capacity
affect corporate liquidity management.
www.federalreserve.gov/econres/feds/liquidity-provision-and-co-insurance-in-bank-syndicates.htm
September 24, 2021 - SeptembIntroductory remarks by Chair Powell at
"Fed Listens: Perspectives on the Pandemic Recovery"At "Fed Listens:
Perspectives on the Pandemic Recovery," sponsored by the Board of
Governors of the Federal Reserve System, Washington, D.C. (via
webcast)
www.federalreserve.gov/newsevents/speech/powell20210924a.htm
September 23, 2021 - OCC Releases Fall/Winter Schedule of Virtual
Workshops for Community Bank Directors - The OCC examiner-led
workshops provide practical training and guidance to directors of
national community banks and federal savings associations in a
virtual learning environment to support the safe and sound operation
of community-based financial institutions.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-102.html
_________________
September 23, 2021 - Tenth District Manufacturing Activity Remained
Solid: Federal Reserve Bank of Kansas City Releases September
Manufacturing Survey - Tenth District manufacturing activity growth
moderated slightly but remained solid, and expectations for future
production increased further.
www.kansascityfed.org/surveys/manufacturing-survey/tenth-district-manufacturing-activity-remained-solid/
September 23, 2021 - Financial Accounts of the United States - Z.1 -
The Financial Accounts of the United States includes data on
transactions and levels of financial assets and liabilities, by
sector and financial instrument; full balance sheets, including net
worth, for households and nonprofit organizations, nonfinancial
corporate businesses, and nonfinancial noncorporate businesses;
Integrated Macroeconomic Accounts; and additional supplemental
detail.
www.federalreserve.gov/releases/z1/default.htm
September 23, 2021 - A User's Guide for the Bank Holding Company
Performance Report, June 2021 - Provides definitions of the
financial ratios and items presented on each page of the BHCPR.
www.federalreserve.gov/publications/files/2021-06-UGBHCPR.pdf
September 23, 2021 - Federal Reserve Board issues enforcement action
with former employee of Simmons Bank and announces termination of
enforcement action with The Bank & Trust.
www.federalreserve.gov/newsevents/pressreleases/enforcement20210923a.htm
September 23, 2021 - NCUA Chairman Todd M. Harper Statement on
Agenda Items.
www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-statement-agenda-items
September 23, 2021 - NCUA Chairman Todd M. Harper Statement on the
2021 Midsession Budget Review and Revisions.
www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-statement-2021-midsession-budget-review-and-revisions
September 23, 2021 - NCUA Chairman Todd M. Harper Statement on
Subordinated Debt Emergency Capital Investment Program Proposed
Rule.
www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-statement-subordinated-debt-emergency-capital-investment-program
September 23, 2021 - NCUA Chairman Todd M. Harper Statement on
Oregon Member Business Lending Rule.
www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-statement-oregon-member-business-lending-rule
September 23, 2021 - NCUA Chairman Todd M. Harper Statement on the
Quarterly Update on the National Credit Union Share Insurance Fund.
www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-statement-quarterly-update-national-credit-union-share-insurance-fund
September 23, 2021 - NCUA - Share Insurance Fund Reports $19.8
Billion In Assets; Net Income of $46.3 Million in Q2 - Through a
live webcast, the National Credit Union Administration Board held
its eighth open meeting of 2021 and approved the following items:
www.ncua.gov/newsroom/press-release/2021/share-insurance-fund-reports-198-billion-assets-net-income-463-million-q2
September 22, 2021 - NCUA Chairman Todd M. Harper Remarks at
Inclusiv�s 2021 Conference.
www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-remarks-inclusivs-2021-virtual-conference
September 22, 2021 - Comptroller's Handbook: Revised "Earnings" and
"Regulatory Reporting" Booklets - These booklets are prepared for
use by OCC examiners in connection with their examination and
supervision of national banks, federal savings associations, and
federal branches and agencies of foreign banking organizations.
www.occ.gov/news-issuances/bulletins/2021/bulletin-2021-44.html
September 22 2021 - Plan. Prepare. Prevail. - Be prepared before a
public health or natural disaster strikes your household, community
or small business.
www.kansascityfed.org/community/disaster-preparedness-and-recovery/
September 22, 2021 - Federal Reserve Board and Federal Open Market
Committee release economic projections from the September 21-22 FOMC
meeting - In conjunction with the Federal Open Market Committee
meeting held on September 21-22, 2021, meeting participants
submitted their projections of the most likely outcomes for real
gross domestic product growth, the unemployment rate, and inflation
for each year from 2021 to 2024 and over the longer run.
www.federalreserve.gov/monetarypolicy/fomcprojtabl20210922.htm
September 22 2021 - Federal Reserve issues FOMC statement - With
progress on vaccinations and strong policy support, indicators of
economic activity and employment have continued to strengthen.
www.federalreserve.gov/newsevents/pressreleases/monetary20210922a.htm
September 21, 2021 - Acting Comptroller Discusses Innovation in
Digital Assets - In 1999, the Chicago Fed payments team convened an
annual payments conference, which serves to advance the team's
knowledge and research agenda as well as to foster dialogue among
senior payments executives.
www.chicagofed.org/events/payments-conference-series
September 21, 2021 - Acting Comptroller Discusses Innovation in
Digital Assets - Acting Comptroller of the Currency Michael J. Hsu
today discussed blockchain, cryptocurrencies, decentralized finance,
and key lessons from the 2008 financial crisis that should guide the
future of digital innovation during remarks before the Blockchain
Association.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-101.html
September 21, 2021 - Banking and the Economy: A Forum for Women in
Banking, October 6 - 7, 2021 - Join other women leaders in financial
services for engaging sessions around banking and economic updates,
and leadership and professional development.
www.kansascityfed.org/events/banking-and-the-economy-a-forum-for-women-in-banking/
September 20, 2021 - OCC Issues Cease and Desist Order Against MUFG
Union Bank for Deficiencies Relating to Technology and Operational
Risk Governance.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-100.html
September 17, 2021 - Credit and Liquidity Programs and the Balance
Sheet - Recent balance sheet trends, weekly chart update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
___________________________
September 16, 2021 - OCC Enforcement Actions and Terminations - The Office of
the Comptroller of the Currency (OCC) today released new enforcement actions
taken against national banks, federal savings associations, and individuals
currently and formerly affiliated with national banks and federal savings
associations.
https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-99.html
September 16, 2021 - OCC Reports Second Quarter 2021 Bank Trading Revenue - The
Office of the Comptroller of the Currency reported trading revenue of U.S.
commercial banks and savings associations of $8.1 billion in the second quarter
of 2021.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-98.html
September 16, 2021 - Regulatory Relief: Guidance to Help Financial Institutions
and Facilitate Recovery in Areas of Pennsylvania Affected by Hurricane Ida - The
FDIC has announced a series of steps intended to provide regulatory relief to
financial institutions and facilitate recovery in areas of Pennsylvania affected
by Hurricane Ida.
www.fdic.gov/news/financial-institution-letters/2021/fil21067.html
September 16, 2021 - FDIC Launches Mission-Driven Bank Fund - $120 million
pledged to support Minority Depository Institutions and CDFIs.
www.fdic.gov/news/press-releases/2021/pr21086.html
September 16, 2021 - Regulatory Reform - Communications with the public through
September 16, 2021 - The Federal Reserve Board will be involved in many
rulemakings to implement the Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010.
www.federalreserve.gov/regreform/communications-with-public.htm
September 15, 2021 - NCUA MDI Mentoring Grant Round Reopens Oct. 11 - Federally
insured credit unions with both the minority depository institution and
low-income designations are eligible to apply for the National Credit Union
Administration�s MDI mentoring grants between Oct. 11 and Oct. 29.
www.ncua.gov/newsroom/press-release/2021/ncua-mdi-mentoring-grant-round-reopens-oct-11
September 15, 2021 - NCUA: Q2 2021 State Credit Union Data Report Now Available
- Federally insured credit unions experienced strong asset and share-and-deposit
growth over the year ending in the second quarter of 2021, according to the
latest NCUA Quarterly U.S. Map Review.
www.ncua.gov/newsroom/press-release/2021/ncua-q2-2021-state-credit-union-data-report-now-available
September 15, 2021 - Acting Comptroller Discusses Priorities, Safeguarding Trust
in Banking - Acting Comptroller of the Currency Michael J. Hsu today discussed
the agency�s priorities during an appearance before the Exchequer Club.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-97.html
September 15, 2021 - Federal Reserve Bulletin - Legal Developments: Second
Quarter, 2021 - The Federal Reserve Bulletin--first published by the Federal
Reserve Board in 1914--contains topical research and analysis and quarterly
"Legal Developments."
www.federalreserve.gov/publications/bulletin.htm
September 15, 2021 - Statistical Release - Industrial Production and Capacity
Utilization - G.17 - Industrial production increased 0.4 percent in August after
moving up 0.8 percent in July.
www.federalreserve.gov/releases/g17/current/default.htm
September 14, 2021 - NCUA Board Member Rodney E. Hood Remarks at the National
Association of Federally Insured Credit Unions� Congressional Caucus.
www.ncua.gov/newsroom/speech/2021/ncua-board-member-rodney-e-hood-remarks-national-association-federally-insured-credit-unions
September 14, 2021 - Economic Bulletin - Learn how federal enhancements to
unemployment insurance supported Tenth District incomes in 2020. - In March
2020, the onset of the COVID-19 pandemic resulted in severe job losses across
the country and in all states within the Tenth Federal Reserve District.
www.kansascityfed.org/research/economic-bulletin/federal-enhancements-to-unemployment-insurance-supported-tenth-district-incomes-in-2020/
September 14, 2021 - The KCFSI suggests financial stress remained subdued in
August - The KCFSI suggests financial stress remained subdued in August.
www.kansascityfed.org/data-and-trends/kansas-city-financial-stress-index/current-release/
September 14, 2021 - Sign Up for the 2021 Community Banking Research Conference,
Sept. 28-29 - An internationally represented group of community bankers,
academics, policymakers and bank supervisors will meet virtually the afternoons
of Sept. 28 and 29 for the ninth annual Community Banking in the 21st Century
research and policy conference.
www.stlouisfed.org/news-releases/2021/09/sign-up-for-the-2021-community-banking-research-conference-sept-28-29
September 14, 2021 - Statistical Release - Finance Companies - G.20.
www.federalreserve.gov/releases/g20/current/g20.htm
September 13, 2021 - NCUA Chairman Todd M. Harper Remarks at the 2021 NAFCU
Congressional Caucus, Washington, D.C.
www.ncua.gov/newsroom/speech/2021/ncua-chairman-todd-m-harper-remarks-2021-nafcu-congressional-caucus-washington-dc
September 13, 2021 - Counterfeit Cashier's Checks of Queensborough National Bank
& Trust Company, Louisville, Ga. - The above-named bank has reported that
counterfeit cashier's checks using the bank's routing number of 061103975 are
being presented for payment nationwide in connection with various internet scams
involving mystery shopping opportunities and lottery winnings.
www.occ.gov/news-issuances/alerts/2021/alert-2021-4.html
September 13, 2021 - Problem Bank Supervision: New Comptroller�s Handbook
Booklet and Rescissions - The Office of the Comptroller of the Currency today
issued a new "Problem Bank Supervision" booklet of the Comptroller's Handbook.
www.occ.gov/news-issuances/bulletins/2021/bulletin-2021-43.html
September 13, 2021 - Banker Series: Overview and Updates on Consumer Complaints
Management - The FDIC�s Division of Depositor and Consumer Protection will host
a webinar for FDIC-supervised institutions on October 5, 2021, to provide
information and answer questions relating to consumer complaints management. The
presentation will include a review of the most recent complaint data and will
provide information to help banks with complaint management.
www.fdic.gov/news/financial-institution-letters/2021/fil21066.html
September 13, 2021 - Regulatory Relief: Guidance to Help Financial Institutions
and Facilitate Recovery in Areas of North Carolina Affected by Remnants of
Tropical Storm Fred.
www.fdic.gov/news/financial-institution-letters/2021/fil21065.html
September 13, 2021 - FDITECH Selects Three Winning Teams in Tech Sprint to Reach
the Unbanked - The Federal Deposit Insurance Corporation today announced the
selection of three winning teams in a �tech sprint� designed to explore new
technologies and techniques to help banks meet the needs of unbanked consumers.
www.fdic.gov/news/press-releases/2021/pr21085.html
September 13, 2021 - Reports to Congress Pursuant to Section 13(3) of the
Federal Reserve Act in response to COVID-19.
www.federalreserve.gov/publications/reports-to-congress-in-response-to-covid-19.htm
September 10, 2021 - OCC to Hold Hearing on Charges Against Former Wells Fargo
Bank, N.A. Executives; Agency Seeks Prohibition Order, Orders to Cease and
Desist, and Civil Money Penalties - The OCC will litigate enforcement actions
against Claudia Russ Anderson, former Community Bank Group Risk Officer, David
Julian, former Chief Auditor, and Paul McLinko, former Executive Audit Director
of Wells Fargo Bank, N.A., Sioux Falls, S.D.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-96.html
September 10, 2021 - Third-Party Relationships: Agencies Extend Comment Period
on Proposed Interagency Guidance - On September 10, 2021, the Office of the
Comptroller of the Currency , the Board of Governors of the Federal Reserve
System, and the Federal Deposit Insurance Corporation announced that they will
extend the comment period on a notice of "Proposed Interagency Guidance on
Third-Party Relationships: Risk Management," which was published in the Federal
Register on July 19, 2021.
www.occ.gov/news-issuances/bulletins/2021/bulletin-2021-42.html
September 10, 2021 - FDIC Launches 2nd Annual Academic Challenge - The Federal
Deposit Insurance Corporation today announced the launch of the agency�s Second
Annual Academic Challenge, a competition among teams of university and college
students to address questions concerning the U.S. banking sector.
www.fdic.gov/news/press-releases/2021/pr21084.html
September 10, 2021 - The Pitfalls of Using Location Quotients to Identify
Clusters and Represent Industry Specialization in Small Regions - Mariya
Pominova, Todd Gabe, Andrew Crawley - This paper examines the use of location
quotients, a measure of regional business activity relative to the national
benchmark, as an indicator of sectoral agglomeration in small cities and towns,
and as a measure of industry specialization that might impact the number of new
business startups in these places.
www.federalreserve.gov/econres/ifdp/pitfalls-of-using-location-quotients.htm
September 10, 2021 - Credit and Liquidity Programs and the Balance Sheet -
Recent balance sheet trends, weekly chart update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
September 10, 2021 - Financial Stability Governance and Central Bank
Communications - Juan M. Londono, Stijn Claessens, Ricardo Correa- We
investigate how central banks' governance frameworks influence their financial
stability communication strategies and assess the effectiveness of these
strategies in preventing a worsening of financial cycle conditions.
www.federalreserve.gov/econres/ifdp/financial-stability-governance-and-central-bank-communications.htm
September 9, 2021 - Financing of Ag Production Loans Eases Further - Farm debt
at commercial banks continued to ease in the second quarter.
www.kansascityfed.org/agriculture/agfinance-updates/financing-of-ag-production-loans-eases-further/
September 9, 2021 - Federal Reserve publishes paper describing landscape of
partnerships between community banks and fintech companies - The paper captures
insights gathered from extensive outreach with community banks, fintechs, and
other stakeholders.
www.federalreserve.gov/newsevents/pressreleases/bcreg20210909a.htm
______________________
September 9, 2021 - Labor Market Conditions Indicators - The KC Fed
LMCI suggests the level of activity increased modestly in August
while momentum decelerated.
www.kansascityfed.org/data-and-trends/lmci/current-release/
September 9, 2021 - FDIC Selects Four Vendors to Participate in a
Rapid Phased Prototyping Pilot Program - The Federal Deposit
Insurance Corporation has chosen four companies�Novantas, Inc.,
Palantir Technologies Inc., PeerIQ, and S&P Global Market
Intelligence, LLC �to propose a pilot consisting of testing new
reporting and analytical tools with a small group of FDIC-supervised
institutions on a voluntary basis.
www.fdic.gov/news/financial-institution-letters/2021/fil21064.html
September 9, 2021 - Guidance to Help Financial Institutions and
Facilitate Recovery in Areas of New Jersey and New York Affected by
Remnants of Hurricane Ida - The FDIC has announced a series of steps
intended to provide regulatory relief to financial institutions and
facilitate recovery in areas of New Jersey and New York affected by
remnants of Hurricane Ida.
www.fdic.gov/news/financial-institution-letters/2021/fil21063.html
September 9, 2021 - Estimating Hysteresis Effects - Francesco
Furlanetto, Antoine Lepetit, �rjan Robstad, Juan Rubio-Ram�rez, P�l
Ulvedal - In this paper we identify demand shocks that can have a
permanent effect on output through hysteresis effects.
www.federalreserve.gov/econres/feds/estimating-hysteresis-effects.htm
September 9, 2021 - Quality-Adjusted Price Indexes for
Communications Equipment - G.17 - With the September 9, 2021
release, the Quarterly Product Price Indexes are extended through
2019Q4.
www.federalreserve.gov/releases/g17/commequip_price_indexes.htm
September 9, 2021 - Community Bank Access to Innovation Governor
Michelle W. Bowman At the Government Relations Council meeting
sponsored by The American Bankers Association, Washington, D.C.
(virtual conference).
www.federalreserve.gov/newsevents/speech/bowman20210909a.htm
September 9, 2021 - Federal Reserve publishes paper describing
landscape of partnerships between community banks and fintech
companies - The paper captures insights gathered from extensive
outreach with community banks, fintechs, and other stakeholders.
https://www.federalreserve.gov/newsevents/pressreleases/bcreg20210909a.htm
September 9, 2021 - Federal Reserve Board issues enforcement action
with former institution-affiliated party of BNP Paribas.
www.federalreserve.gov/newsevents/pressreleases/enforcement20210909a.htm
September 9, 2021 - NCUA Board Member Rodney E. Hood Remarks at the
PBC Conference 2021: Payments, Banking, Compliance in the Cannabis
Industry.
www.ncua.gov/newsroom/speech/2021/ncua-board-member-rodney-e-hood-remarks-pbc-conference-2021-payments-banking-compliance-cannabis
September 8, 2021 - OCC Issues Proposal to Rescind its 2020
Community Reinvestment Act Rule - The Office of the Comptroller of
the Currency is soliciting comments on proposed rules to rescind the
Community Reinvestment Act rule issued in 2020 and replace it with
rules adopted jointly by the Federal banking agencies in 1995, as
amended.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-94.html
September 8, 2021 - NCUA - Credit Unions� Net Income, Insured Shares
and Deposits Rise in Second Quarter - According to the latest
financial performance data released today by the National Credit
Union Administration, federally insured credit unions reported net
income growth of $11.9 billion in the second quarter of 2021, or
126.8 percent, over the same period one year ago.
www.ncua.gov/newsroom/press-release/2021/credit-unions-net-income-insured-shares-and-deposits-rise-second-quarter
September 8, 2021 - Federal Enhancements to Unemployment Insurance
Supported Tenth District Incomes in 2020 - Federal supplements to
state unemployment insurance mitigated income losses from
COVID-19-related disruptions across the country.
www.kansascityfed.org/research/economic-bulletin/federal-enhancements-to-unemployment-insurance-supported-tenth-district-incomes-in-2020/
September 8, 2021 - FDIC-Insured Institutions Reported Net Income of
$70.4 Billion in Second Quarter 2021 - Reports from the 4,951
commercial banks and savings institutions insured by the Federal
Deposit Insurance Corporation reflect aggregate net income of $70.4
billion in second quarter 2021, an increase of $51.9 billion (281
percent) from a year ago.
https://www.fdic.gov/news/press-releases/2021/pr21083.html
September 8, 2021 - Statistical Release - Consumer Credit - G.19 -
In July, consumer credit increased at a seasonally adjusted annual
rate of 4.7 percent. Revolving credit increased at an annual rate of
6.7 percent, while nonrevolving credit increased at an annual rate
of 4.1 percent.
www.federalreserve.gov/releases/g19/current/default.htm
September 8, 2021 - Beige Book - Informal review by the Federal
Reserve Banks of current economic conditions in their Districts.
www.federalreserve.gov/monetarypolicy/beige-book-default.htm
September 7, 2021 - Where Are All the Workers? - This edition of The
Oklahoma Economist seeks to identify the extent to which workers
still are available in Oklahoma and show how firms are dealing with
labor shortages.
www.kansascityfed.org/oklahomacity/oklahoma-economist/where-are-all-the-workers/
September 7, 2021 - IPOs and Corporate Taxes - Christine Dobridge,
Rebecca Lester, and Andrew Whitten - Using a panel of U.S. corporate
tax return data from 1994 to 2018, we compare tax payments for firms
that completed an IPO with those that filed for an IPO but later
withdrew and remained private.
www.federalreserve.gov/econres/feds/ipos-and-corporate-taxes.htm
September 7, 2021 - Agencies extend comment period on proposed risk
management guidance for third-party relationships - The federal bank
regulatory agencies announced on Tuesday that they will extend until
October 18, 2021, the comment period on proposed guidance designed
to help banking organizations manage risks associated with
third-party relationships, including relationships with financial
technology-focused entities.
Press Release:
www.federalreserve.gov/newsevents/pressreleases/bcreg20210907a.htm
Press Release:
www.fdic.gov/news/press-releases/2021/pr21082.html
Press Release:
www.occ.gov/news-issuances/news-releases/2021/nr-ia-2021-93.html
September 3, 2021 - OCC Hosts Virtual Minority Depository
Institutions Advisory Committee Meeting September 21 - The Office of
the Comptroller of the Currency today announced it will host a
virtual public meeting of the Minority Depository Institutions
Advisory Committee on Tuesday, September 21, 2021.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-91.html
September 3, 2021 - OCC Hosts Virtual Mutual Savings Association
Advisory Committee Meeting September 28 - The Office of the
Comptroller of the Currency today announced it will host a virtual
meeting of the Mutual Savings Association Advisory Committee on
Tuesday, September 28, 2021.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-92.html
September 3, 2021 - FDIC Releases Results of Summary of Deposits
Annual Survey - The Federal Deposit Insurance Corporation today
released results of its annual survey of branch office deposits for
all FDIC�insured institutions as of June 30, 2021.
www.fdic.gov/news/press-releases/2021/pr21081.html
September 3, 2021 - FDIC Issues List of Banks Examined for CRA
Compliance - The list covers evaluation ratings that the FDIC
assigned to institutions in June 2021.
www.fdic.gov/news/press-releases/2021/pr21080.html
September 3, 2021 - FOIA - Chair Powell's calendar, July 2021.
www.federalreserve.gov/foia/chair-powell-calendar-072021.htm
September 3, 2021 - Credit and Liquidity Programs and the Balance
Sheet - Recent balance sheet trends, weekly chart update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
September 2, 2021 - Exploring Career Pathways in Economics -
Presented by the Chicago Fed and The Sadie Collective - This event
provides Black college and high school students with an opportunity
to learn more about career pathways in economics and related fields.
www.chicagofed.org/events/2021/sadie-collective-exploring-career-pathways
September 2, 2021 - OCC Releases CRA Evaluations for 19 National
Banks and Federal Savings Associations - The Office of the
Comptroller of the Currency today released a list of Community
Reinvestment Act performance evaluations that became public during
the period of August 1, 2021 through August 31, 2021.
www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-90.html
September 2, 2021 - Federal Reserve Board announces termination of
enforcement action with Intesa Sanpaolo S.p.A. and Intesa Sanpaolo
S.p.A. New York Branch.
www.federalreserve.gov/newsevents/pressreleases/enforcement20210902a.htm
September 1, 2021 - Kansas City Fed Now Accepting Applications for
Community Development Advisory Council - Community leaders in the
Tenth District are encouraged to submit applications to join the
Community Development Advisory Council.
www.kansascityfed.org/newsroom/2021-news-releases/kansas-city-fed-now-accepting-applications-for-community-development-advisory-council/
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September 1, 2021 - NCUA Awards Grants to Assist Low-Income Credit
Unions - The National Credit Union Administration awarded $1.5 million in
Community Development Revolving Loan Fund grants to help 105 low-income credit
unions expand outreach to underserved communities and improve digital services
and security.
www.ncua.gov/newsroom/press-release/2021/ncua-awards-grants-assist-low-income-credit-unions
September 1, 2021 - Kansas City Fed Now Accepting Applications for Community
Development Advisory Council - The CDAC is composed of community, banking and
labor leaders from throughout the Federal Reserve�s Tenth District. CDAC members
provide insight from their community, and share feedback on the Bank�s community
development research and programs.
www.kansascityfed.org/newsroom/2021-news-releases/kansas-city-fed-now-accepting-applications-for-community-development-advisory-council/
September 1, 2021 - Regulatory Relief: Guidance to Help Financial Institutions
and Facilitate Recovery in Areas of Louisiana Affected by Hurricane Ida.
www.fdic.gov/news/financial-institution-letters/2021/fil21061.html
September 1, 2021 - Statistical Release - Foreign Exchange Rates - G.5 - The
table below shows the average rates of exchange in AUGUST 2021 together with
comparable figures for other months.
https://www.federalreserve.gov/releases/g5/current/default.htm |