SEC rejects Coinbase request for crypto framework

Dec 18, 2023 | NewsWatch Today
The Securities and Exchange Commission denied Coinbase’s request for the agency to develop a new regulatory framework for cryptoasset securities.

ICBA-backed bill would clarify CFPB’s UDAAP authority

Dec 18, 2023 | NewsWatch Today
Rep. Andy Barr (R-Ky.) formally introduced his ICBA-advocated bill to clarify the Consumer Financial Protection Bureau’s authority to oversee unfair, deceptive, and abusive acts and practices, known as UDAAP.

Farm Credit System growth slows in 2023

Dec 18, 2023 | NewsWatch Today
The Farm Credit Administration board met last week to receive a quarterly report on economic conditions affecting the agricultural economy and Farm Credit System institutions.

ICBA Hosts First ThinkTECH Connect To Showcase Community Bank Innovation

Dec 15, 2023 | Press Release
The Independent Community Bankers of America® (ICBA) hosted its first ThinkTECH Connect event, an ICBA event showcasing rapid-fire pitches from 10 emerging fintechs that address community bank pain points and business opportunities.

Webinar to help navigate recent CRA changes

Dec 15, 2023 | NewsWatch Today
ICBA is hosting a webinar next month on the federal banking agencies’ recently finalized changes to Community Reinvestment Act regulations.

CNN reports on credit union lending disparities, citing CRA exemption

Dec 15, 2023 | NewsWatch Today
The nation’s largest credit union has the widest racial disparities in mortgage approval rates of any major lender, CNN reported.

Basel panel proposes tighter standards on bank stablecoin exposures

Dec 15, 2023 | NewsWatch Today
The Basel Committee published a new consultation paper proposing to refine how it treats stablecoins in its standards for banks’ cryptoasset exposures.

ThinkTECH Accelerator registration open

Dec 15, 2023 | NewsWatch Today
Community bankers can now register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

ICBA Strongly Supports Senate Bill to Close ILC Loophole

Dec 15, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today expressed its strong support for bipartisan legislation to close the industrial loan company (ILC) loophole, which allows commercial companies to own full-service banks without the same regulatory oversight and violates U.S. policy separating banking and commerce.

Williams: Community bankers focused on regulatory environment

Dec 14, 2023 | NewsWatch Today
ICBA Chairman Derek Williams discusses the community banking industry’s 2024 outlook in the latest “Banking with Interest” podcast from IntraFi.

Fed holds rates steady, hints at 2024 cuts

Dec 14, 2023 | NewsWatch Today
The Federal Open Market Committee voted to hold target interest rates at a range of 5.25-5.50% and indicated rate cuts are on the table in 2024.

Postal Inspectors warning consumers about check washing

Dec 14, 2023 | NewsWatch Today
The U.S. Postal Inspection Service is warning consumers about check washing, in which fraudsters change payee names and dollar amounts on checks and fraudulently deposit them.

ThinkTECH Connect set for today

Dec 14, 2023 | NewsWatch Today
ICBA today is hosting a fast and informative session to explore fintech solutions for community banks.

ICBA Supports Bill to Restrict Sale of ‘Trigger Leads’

Dec 14, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today expressed support for bipartisan legislation to help protect the financial privacy of mortgage applicants.

ICBA quarterly briefing today

Dec 13, 2023 | NewsWatch Today
ICBA today is hosting its fourth-quarter update on industry news and highlights.

ICBA supports bill to clarify CFPB’s UDAAP authority

Dec 13, 2023 | NewsWatch Today
ICBA expressed support for new legislation designed to bring clarity and balance to the Consumer Financial Protection Bureau’s application of its authority to oversee unfair, deceptive, and abusive acts and practices, known as UDAAP.

Today: CDFI Fund webinar on revised certification application

Dec 13, 2023 | NewsWatch Today
The Community Development Financial Institutions Fund is slated to host a live webinar at 1:30 p.m. (Eastern time) today on its recently revised CDFI certification application.

Buhrmaster named New York Fed director

Dec 13, 2023 | NewsWatch Today
The Federal Reserve Bank of New York announced that former ICBA Chairman John Buhrmaster, president and CEO of 1st National Bank of Scotia, N.Y., has been elected as a Class A director representing Group 3.

ICBA Past Chairman Jim Ghiglieri dies

Dec 12, 2023 | NewsWatch Today
ICBA Past Chairman Jim Ghiglieri died Saturday morning. The former president of Alpha Financial Group in Toluca, Ill., served as ICBA chairman in 2007-2008.

ICBA quarterly briefing tomorrow

Dec 12, 2023 | NewsWatch Today
ICBA tomorrow is hosting its fourth-quarter update on industry news and highlights. Scheduled for 2 p.m. (Eastern time) tomorrow, Dec. 13.