This year’s Cyber Risk in the Financial Sector Conference brought together experts from industry, government and academia to discuss the growing threat of cyber risk in the financial sector, and the need for cyber risk management practices to continuously adapt and evolve in the face of ever-growing risks.
Community Banking
Learn more about the role community banks play in the financial system and in our economy, and the types of issues they face in serving their communities.
Updating Results
Examining the history of Community Development Credit Unions shows the evolving role they played in helping to expand banking access to underserved individuals.
Alaina Barca and Surekha Carpenter examine the decline in the number of bank branches in certain communities and the economic effects of that trend. They also share data from the Banking Deserts Dashboard developed for the Fed Communities website. Barca is a community development research analyst at the Philadelphia Fed and Carpenter is a research analyst at the Richmond Fed.
More than 40 bankers from institutions across the Fifth Federal Reserve District recently convened for the Richmond Fed's Community Bank Credit Forum.