Home » Posts tagged with » Colorado Bankers Association
Credit union or bank? Do the research

Credit union or bank? Do the research

Being exempt from federal income tax enables credit unions to offer products at better prices to their members, say officials from both credit unions and banks. “We are not-for-profit,” said John Worthington, Security Service Federal Credit Union executive vice president and chief communications officer. “We have to make some money to establish capital, but we… Continue Reading Credit union or bank? Do the research

Colorado’s small businesses may get some promising news about increased access to capital next week when bankers release the details of their “Let’s Talk Small Business” initiative. Continue Reading Colorado bankers set to help small biz access capital

Continue reading …

With Cyber Monday and the holiday shopping season just around the corner, consumers are warned not to fall victim to phishing scams. The Colorado Bankers Association said consumers should know that phishing is a new twist on an old telemarketing scam, but uses e-mail. Criminals send e-mails to millions of people hoping that even a… Continue Reading CBA warns holiday shoppers to beware of “phishing”

Continue reading …

It appears the customer has won the fight about debit card fees, but Colorado banks could lose millions, said Don Childears, Colorado Bankers Association president and CEO. This week, the Associated Press reported that Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for debit card purchases after outraged customers… Continue Reading Debit card fees gone, but Colorado banks could feel the pain

Continue reading …

Lawmakers are calling for a repeal of the regulation that caps the fees banks can collect from store owners when customers swipe their debit cards – something that generated millions for banks. The regulation, part of the Durbin amendment to regulate the finance indstry, has led banks to increase other banking fees, including monthly debit… Continue Reading Lawmakers call for repeal of cap on store debit card swipes

Continue reading …

The U.S. Senate passed the Financial Regulatory Reform Bill – and now the aftershocks will hit. The Colorado Bankers Association, for one, is not pleased about its passage. Don Childears, CEO of the bankers association, which represents 90 percent of the $103 billion in assets held by 193 Colorado banks, said that Congress, rather than focusing… Continue Reading Colo. Bankers Assn.: Reform will burden banks, consumers

Continue reading …

In what the Colorado Banking Association has called a “controversial, last-minute bank-assessment tax,” Congress has asked banks to cover the costs of the new Consumer Financial Protection Bureau. The bank would do so by increasing the deposit insurance fund of the Federal Deposit Insurance Corp. Of course, increasing the insurance fund means asking banks to… Continue Reading Bankers: Industry reforms likely to cut into lending

Continue reading …

The Colorado Bankers Association supports financial reform – but has issues with some of the provisions in the Senate’s version of financial regulatory reform bill S.3217, which passed May 20. CBA President Don Childears said some of the provisions will be helpful, such as those that create a systemic risk council, abolish too-big-to-fail protections and provide… Continue Reading CBA says finance reform bill adds unneeded regulatory layers

Continue reading …

Things are not always what they seem. Trite, but true. If national headlines scream “Another bank fails,” when actually it was an unregulated private lender that failed, it does a disservice to Main Street, said Don Childears, president and CEO of the Colorado Bankers Association, during a Colorado Springs Executives Association meeting. “Nine of 10… Continue Reading Sometimes it’s tough to tell when a ‘bank’ isn’t a bank

Continue reading …

Consumers and investors are anxious about the economy and the stock market, but loans are still being made and return on investment is still possible at Colorado banks, says the president of the Colorado Bankers Association. “Public perception is that there isn’t any credit available,” said CBA President Don Childears, “but banks chartered and headquartered in… Continue Reading Bankers Association president: don’t believe the hype, Colorado banks healthy

Continue reading …
Page 1 of 212