ICBA is calling on the Financial Crimes Enforcement Network to delay the implementation of a rule requiring community banks and other financial institutions to identify the individuals that own controlling interests in their corporate or business customers.
ICBA today thanked President Donald Trump for nominating Kansas Bank Commissioner Michelle “Miki” Bowman for the Federal Reserve Board. Bowman would fill the ICBA-advocated position dedicated to individuals with experience in community banking.
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Voters still trust financial institutions more than retailers to develop new payment technologies and protect their personal information during the checkout process, according to a new survey.
The Consumer Financial Protection Bureau extended the deadline to submit applications for its Community Bank Advisory Council.
ICBA requested a one-year delay in the implementation of the Financial Crimes Enforcement Network’s final beneficial ownership and customer due diligence rule.
Members that participate in one or more ICBA Services Network programs have a 26% higher ROA and a 45% higher ROE than community banks that don’t. See what solutions we have to fit your bank's individual needs.