In this issue of Community Banking Connections, Chair Janet Yellen shares insights on the important role that community banks play in the U.S. economy. Other articles discuss ways banks can protect against unauthorized electronic payments from business accounts, how virtual currencies are changing the banking landscape, and factors contributing to low net interest income at community banks.
This issue of Supervisory Spotlight focuses on change. In addition to providing background on new responsibilities and a new name for the former BS&R Division, it discusses topics such as post-crisis changes in approaches to supervision and regulation, community bank net interest margins, the virtual currency landscape, and mortgage lending.
This Asia Focus report provides a historical background of Burmese banking crises, analyzes recent and upcoming regulatory reforms, and evaluates hurdles to the development of a modern banking system.
The 1Q15 Banks at a Glance reports are now available, highlighting key indicators of banking conditions within each of the nine states comprising the 12th Federal Reserve District.
The 1Q15 issue of First Glance 12L shows continued improvement in 12th District bank credit quality, yet profitability remained constrained by narrowing net interest margins. Prospectively, a strong dollar and extreme drought pose challenges to borrowers who export goods, rely on foreign visitor activity, or engage in water-intensive industries.