FDIC, OCC issue CRA exam schedule

Dec 1, 2023 | NewsWatch Today
The FDIC and OCC issued lists of institutions scheduled for Community Reinvestment Act examination during the first and second quarters of 2024.

ICBA Independent Banker Honors 2023 Best Community Banks to Work For Winners

Nov 30, 2023 | Press Release
The December cover story of Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), spotlights this year’s Best Community Banks to Work For recipients.

ICBA Congratulates New Conference of State Bank Supervisors President and CEO Brandon Milhorn

Nov 30, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Conference of State Bank Supervisors announcement that Brandon Milhorn has been named its next president and CEO.

ICBA to FDIC: Focus new resolution standards on banks over $100B

Nov 30, 2023 | NewsWatch Today
ICBA said it agrees with an FDIC proposal to implement resolution planning for banks with at least $100 billion in assets but said banks between $50 billion and $100 billon should generally be exempt.

Community bank net income declines in Q3

Nov 30, 2023 | NewsWatch Today
Community banks reported a 4.8% third-quarter decline in net income from the previous quarter and a 15% decrease from the same period a year ago, according to the FDIC’s latest Quarterly Banking Profile.

Grassroots push continues ahead of House 1071 vote

Nov 30, 2023 | NewsWatch Today
ICBA is calling on community bankers to urge their members of Congress to support a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule ahead of a House vote slated for this week.

FinCEN extends deadline for beneficial ownership reporting

Nov 30, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network extended the deadline for certain reporting companies to file their initial reports on beneficial ownership information.

VeraBank Achieves Faster Time to Value with nCino

Nov 29, 2023 | Industry News From Corporate Members
VeraBank, a community bank headquartered in Henderson, TX, partnered with nCino to modernize lending processes and streamline employee and customer experiences.

Honor Bank Successfully Deploys nCino's Commercial Banking Solution

Nov 29, 2023 | Industry News From Corporate Members
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Honor Bank, a full-service community bank in Northern Michigan, is live on the nCino Cloud Banking Platform. The Bank implemented nCino's Commercial Banking Solution in just six months.

ICBA pushing grassroots outreach ahead of House 1071 vote

Nov 29, 2023 | NewsWatch Today
With the House expected to vote this week on an ICBA-advocated resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is calling on community bankers to urge their members of Congress to support the measure.

FHFA raises conforming loan limits for 2024

Nov 29, 2023 | NewsWatch Today
The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2024.

Fed officials weigh future rate hikes

Nov 29, 2023 | NewsWatch Today
Federal Reserve officials in separate speeches discussed the implications of softening economic activity on the interest rate outlook.

CISA LinkedIn presentation today on cybersecurity protections

Nov 29, 2023 | NewsWatch Today
The Cybersecurity and Infrastructure Agency today is hosting a LinkedIn Live presentation on its Cross-Sector Cybersecurity Performance Goals.

House set to vote this week on 1071 reversal

Nov 28, 2023 | NewsWatch Today
With the House expected to vote this week on an ICBA-advocated resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is calling on community bankers to urge their members of Congress to support the measure.

ICBA briefing on CRA rule today

Nov 28, 2023 | NewsWatch Today
ICBA is hosting a complimentary community bank briefing on the interagency final rule to reform Community Reinvestment Act regulations.

Paper details ‘triangulation’ fraud targeting online shoppers

Nov 28, 2023 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center issued a new white paper on triangulation fraud, a relatively new type of fraud that targets online shoppers and affects the broader payments system.

ICBA to Fed: Extend comment period on interchange proposal

Nov 28, 2023 | NewsWatch Today
ICBA and other groups urged the Federal Reserve Board to extend the comment period on its proposal to lower the maximum interchange fee that covered debit card issuers may receive for debit card transactions.

ICBA briefing on CRA rule tomorrow

Nov 27, 2023 | NewsWatch Today
ICBA tomorrow is hosting a complimentary community bank briefing on the interagency final rule to reform Community Reinvestment Act regulations.

FinCEN warns of Employee Retention Credit fraud

Nov 27, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network issued an alert to financial institutions on fraud schemes related to the COVID-19 Employee Retention Credit.

Treasury issues advisory on AI-enabled holiday scams

Nov 27, 2023 | NewsWatch Today
The Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection released an advisory highlighting tips consumers can take to avoid becoming the victim of cyber or online scams this holiday shopping season.