Skip to main content
Federal Reserve Supervision Outreach Resources for Bankers

PostsPosts


Community Banking Conference Spotlights Research on Lending

Carl White

After a two-year COVID-19 pandemic pause on in-person participation, this year’s Community Banking Research Conference returned to the St. Louis Fed in September. The annual conference—sponsored by the Federal Reserve, the Conference of State Bank Supervisors (CSBS) and the Federal Deposit Insurance Corp. (FDIC), and hosted by the St. Louis Fed—spotlights emerging research on issues important to the community banking industry and features keynotes by leading community bankers and regulators.

Read More about Community Banking Conference Spotlights Research on Lending

Fed Adopts Guidelines for Master Account Access to Its Payment Services

Carl White

In the last several years, fintech firms and other novel financial firms have expressed interest in obtaining master accounts and services with the Federal Reserve. After several proposals and rounds of comments from interested parties, the Federal Reserve Board in mid-August finalized guidelines for evaluating nontraditional financial institutions’ requests to be granted master accounts and access to the Fed’s payment services.

Read More about Fed Adopts Guidelines for Master Account Access to Its Payment Services

Fed Launches Second Tool to Help Community Banks Meet Accounting Standard

Carl White

In mid-June, the Federal Reserve released the Expected Losses Estimator (ELE), a spreadsheet-based tool designed to help community banks calculate their allowances for credit losses under the new Current Expected Credit Losses (CECL) accounting standard. As with the SCALE tool released last summer, the ELE will assist small and less complex banks in complying with CECL.

Read More about Fed Launches Second Tool to Help Community Banks Meet Accounting Standard