Economy

Consumer credit recovery continued in fourth quarter

6/1/2021
The consumer credit recovery continued in the fourth quarter of 2020, building off trends established last fall, according to the ABA’s latest quarterly Credit Card Market Monitor.

Will Biden become the new FDR? And what are the risks for inflation?

6/1/2021
Six months into his administration, Biden has veered toward the hard left and is getting accolades from the same progressives who were skeptical of his leadership.

Biden tasks regulators with taking on climate change

4/1/2021
In addition to dealing with the pandemic, President Biden has two other policy goals he campaigned on: the need for greater diversity, equity and inclusion in all aspects of American life and the fight against climate change.

Weather at its worst, bankers at their best

3/1/2021
As we go to print for the March edition of Texas Banking, it is the end of an icy February week that brought our state its worst winter weather event in decades.

Holding the line

2/1/2021
Banks have led as economic first responders during the pandemic, even as some government partners changed the rules of the Paycheck Protection Program and other relief efforts.

A new year brings new opportunities

1/1/2021
The dawn of 2021 provides the opportunity to turn the page and to have fresh perspective.

2021 Outlook

1/1/2021
Although COVID-19 will continue to cause economic fallout, Texas is positioned for growth as the ‘new normal’ is reached.

A light in the dark

12/1/2020
With the challenges and change that 2020 threw at the banking industry, one thing we can say about the year is that it gave Texas bankers the opportunity to shine.

God bless the Texas banker

11/1/2020
You will also find no better witness to the nobility of character than Texas community bankers during this challenging year — from working tirelessly to save jobs and small businesses to contributing hundreds of thousands of dollars to feed neighbors

Community banking through the COVID crisis

11/1/2020
Will Congress do anything to help small businesses? There is currently a standoff on another round of COVID spending. Most likely, it will depend on which party wins the presidency and which party controls the Senate.

Texas Economic Resilience Summit focuses on critical role of banks in economic recovery

10/1/2020
A prominent line-up of state and national lawmakers, regulators, business leaders and economists presented at TBA’s two-day Texas Economic Resilience Summit.

Are you ready for fair lending reporting for small business loans?

10/1/2020
Part of the mandate given to the CFPB was Section 1071, which amended the Equal Credit Opportunity Act to require financial institutions to compile, maintain and submit to the bureau certain data on applications for credit for women-owned, minor-

Who is out to compromise your vote?

10/1/2020
With Cybersecurity Month upon us and the Nov. 3 elections just days away, our thoughts turn to the implications of possible cyber-sourced election disruption.

What a Biden victory may mean for community banks

9/1/2020
While most attention is being paid to potential changes in environmental policies, corporate taxation and immigration law, it is worth considering what may happen on banking issues in the regulatory agencies and on the legislative front.

Giving credit where credit is due

9/1/2020
This year the COVID-19 pandemic presents a rare opportunity to reset the discussion in the bank versus credit union debate and provide long-straddling elected officials and candidates with new facts.

Credit card spending falls in first quarter

9/1/2020
Credit card purchase volumes fell in the first quarter of 2020 as the economy entered its first recession in a decade.

SCOTUS rules against CFPB’s leadership structure

8/1/2020
On June 29, the Supreme Court ruled in the Seila Law decision that the structure of the Consumer Financial Protection Bureau violated the separation of powers doctrine.

Needing forgiveness

8/1/2020
The ease — or difficulty — of the PPP forgiveness process will ultimately define the success or failure of the program for both PPP small business borrowers and lenders.

All big businesses are now too big to fail

7/1/2020
For the first time, the Fed was directed to get into the lending business due to the CARES Act mandate and over $450 billion in appropriations to cover any loan losses.

A matter of trust

7/1/2020
“In God We Trust. All Others Pay Cash.” The first thought that ran through my mind was that banks should have posted this message for the government at the launch of the PPP.

Uncertainty reigns supreme

7/1/2020
Despite unprecedented turmoil due to COVID-19, there are reasons for banks to remain optimistic

Will community banks need more help from Washington?

6/1/2020
The effect of nonperforming and underperforming loans in community bank portfolios continues to be a concern.

Government programs by oxymoron

6/1/2020
“Interim Final Rule.” Interim and final? Only the government could come up with something so bureaucratic and official yet “oxymoronic.”

These are extraordinary times!

6/1/2020
This month, I’m going to discuss some of the extraordinary efforts your association has taken during this pandemic to help its members, the industry, Texas communities and small businesses.

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