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American Banker

Read the latest on the banking & finance industries in the U.S. with award-winning analysis and in-depth reporting by American Banker.

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  • Sep 14, 2025earliest in window
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News

American Banker
americanbanker.com > news > louisiana-bank-faces-unusual-limits-on-who-it-can-lend-to

Louisiana bank faces unusual limits on who it can lend to

1+ mon, 2+ day ago   (780+ words) First Guaranty Bank has been contending with credit-quality problems for some time, and now its regulators have devised an unusual way to address the issue: The Hammond, Louisiana, lender will be restricted from extending additional credit to certain borrowers. The…...

American Banker
americanbanker.com > payments > news > while-banks-fight-credit-card-fee-rules-merchants-lobbyists-are-cheering

While banks trash card restrictions, merchant lobbyists are cheering

7+ mon, 3+ week ago   (470+ words) Banks are sounding the alarm about President Donald Trump's call for a 10% cap on credit card rates, though merchant groups are applauding another move from the President that could tighten card regulations. Another trade organization, The National Association of College…...

American Banker
americanbanker.com > news > cfpb-finalizes-a-scaled-back-small-business-lending-rule

CFPB finalizes a scaled-back small-business lending rule

4+ mon, 1+ week ago   (714+ words) The Consumer Financial Protection Bureau finalized a revised version of a small-business lending rule that took 17 years to get over the finish line. Banks are still lobbying for the rule to be repealed....

American Banker
americanbanker.com > news > new-credit-card-will-tap-into-borrowers-fossil-fuel-rights

New credit card will tap into borrowers' fossil-fuel rights

5+ mon, 4+ day ago   (816+ words) To get a line of credit, a borrower might put up their house as collateral. But for a new credit card being developed, the collateral is underneath the house. A fintech company called Frontlands is launching a credit card backed…...

American Banker
americanbanker.com > news > u-s-bank-extends-loan-terms-in-bid-to-address-affordability

U.S. Bank extends loan terms in bid to address affordability

5+ mon, 1+ week ago   (839+ words) At a time when affordability is a top concern for many American households, U.S. Bancorp is offering extended loan terms to home-improvement borrowers who might otherwise be unable to manage the monthly payments. U.S. Bank's $692.3 billion-asset parent company announced earlier this month…...

American Banker
americanbanker.com > news > rate-cap-debate-sidesteps-big-unknowns-in-credit-card-pricing

Rate cap debate sidesteps big unknowns in credit card pricing

7+ mon, 1+ week ago   (1259+ words) WASHINGTON — President Donald Trump's headline-grabbing ultimatum for a 10% interest rate cap on credit cards failed to materialize by his self-imposed deadline of January 20th. Last week, during a stump speech in Iowa, Trump didn't mention credit cards or rate caps. Meanwhile,…...

American Banker
americanbanker.com > news > regulatory-proposals-would-loosen-the-ties-between-credit-and-payments

Regulatory proposals would loosen the ties between credit and payments

9+ mon, 2+ week ago   (940+ words) There's an old joke about the bank robber who, when asked why he robbed banks, answered: "Because that's where the money is." The same can be said for why banks handle our payments — it's where our money is usually kept,…...

American Banker
americanbanker.com > news > silver-lining-some-fraud-victims-see-credit-scores-rise

Silver lining? Some fraud victims see credit scores rise: Fed

11+ mon, 4+ day ago   (941+ words) Overview bullets generated by AI with editorial review A new working paper from the Federal Reserve Bank of Philadelphia finds that certain consumers who experience severe identity theft subsequently experience significant and persistent improvements in their credit profiles, often becoming…...