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Kenneth H. Thomas
thomas-kenneth
Job title
President
Company/organization
K.H. Thomas Associates
BankThink Think Tank
About

Dr. Thomas is the nation's leading expert and author on the Community Reinvestment Act, or CRA. He has a Ph.D. in business and applied economics and an M.A. in finance from The Wharton School as well as an MBA from the University of Miami and a B.S.B.A. (High Honors) from the University of Florida. Dr. Thomas taught banking and monetary economics at The Wharton School of the University of Pennsylvania for 42 years. He is also a 20-plus year member of the board of directors and chairman of the nominating/corporate governance committee of a community bank. As chairman of the board of trustees and co-founder/founder of two CRA qualified investment impact bond funds since 1999, he has facilitated the deployment of several billions of dollars of community development investments in disadvantaged communities. Dr. Thomas was a recipient of one of the first three awards of excellence from the National Community Reinvestment Coalition, or NCRC, in 1994, the other two awarded to Representative Joe Kennedy and Comptroller of the Currency Eugene Ludwig. As a consultant to both the private and federal sectors, his thought leadership is reflected in today's existing CRA regulations.   

Areas of expertise
Regulation and compliancePolitics and policy
CONTRIBUTED STORIES
  • BankThink For bankers facing the new CRA rule, it's time to 'Fight the Fed'

    "Don't fight the Fed" is the mantra of investors. But, when the Fed does not allow banks to meet the needs of their communities and shareholders through unfair regulations, like the politically motivated CRA final rule, bankers have no choice but to go to court to seek regulatory justice.

    March 11
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink Credit unions' CRA exemption helped sink Navy Federal

    The nation's largest credit union allegedly engaged in racial discrimination resulting in calls for further investigations and regulations. Had Navy Federal been subject to the Community Reinvestment Act it may have avoided this problem.

    February 12
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink Banks are under extreme regulatory assault; it's time to act like it

    Banks need to mount an aggressive legal response to the onslaught of intrusive new rules being promulgated by their prudential regulators.

    January 8
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink Forget redlining. Branchless banks are now 'weblining' our communities

    Internet-based banks are siphoning deposits away from urban centers in the U.S. and, unlike brick-and-mortar banks, face no requirement that they loan money back into those communities.

    December 11
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink Channeling Twisted Sister, more bankers are taking regulators to court

    Unfair regulations must be challenged, and bankers are increasingly turning to lawsuits to do so, writes Ken Thomas, president of Community Development Fund Advisors.

    October 12
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink Bankers suffer from 'disaster myopia'; regulators shouldn't ignore it

    Banking crises always recur. But time and again, bankers have been shown to operate on the assumption that good times are permanent.

    September 1
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink If we had 'SLEMAC' supervisors, they might have saved Silicon Valley Bank

    Regulators had their priorities backward when it came to overseeing SVB and allowed an obvious danger to go unmitigated.

    April 14
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink There's a surprising risk lurking in the details of bank mergers

    Banks need to be cautious about negotiating pre-merger Community Benefit Agreements with nationwide activist groups. The deals carry real reputational hazard.

    January 30
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink Placing blame for inflation and a likely recession

    Our current high inflation rates and the recession that is probably facing the economy in 2023 have the fingerprints of Federal Reserve Board Chairman Jerome Powell all over them.

    November 23
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
  • BankThink Bankers must challenge the overly complex, Fed-driven CRA overhaul

    The industry needs a leader to be the face of a lawsuit challenging the proposal. The author nominates JPMorgan Chase's Jamie Dimon.

    October 17
    Kenneth H. Thomas
    Kenneth H. Thomas
    K.H. Thomas Associates
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

The Most Powerful Women in Banking 2025 cover photo was taken in the 10th floor private space of "The Landmark," the iconic Tiffany & Co. building at 727 5th Avenue in New York City.

ABM1025_Cover.jpg

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© 2025 Arizent. All rights reserved.
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© 2025 Arizent. All rights reserved.