July 2021 - Online Training Newsletter

Jul 19, 2021
Attention Standard Plan, Custom Plan, and Bank Compliance Bundle Subscribers! Did you know that it’s time to renew your ICBA Community Banker University Online Training Subscription?

Faster Payments Have Arrived — Now What About Competition, Fraud, and Strategy? Part 2

Jul 12, 2021
Here's part two of a continuing conversation on faster payments, diving into Same Day ACH, competition, fraud, and strategic vision.

LIBOR Transition Heats Up for Community Banks as Deadline Nears

Jul 7, 2021
With the London Interbank Offered Rate, or LIBOR, set to be largely discontinued in a few months, federal regulators are increasingly vocal about the need for financial institutions to be ready for the transition.

Digital Dollar Design Specifics Community Bankers Should Know

Jul 7, 2021
As the globe focuses on the rise of digital assets, the Federal Reserve is cautiously weighing whether to build a central bank digital currency (CBDC), which raises complex policy and technical considerations.

How Community Banks Can Prepare for the End of Microsoft Internet Explorer

Jul 2, 2021
Microsoft is discontinuing its Internet Explorer browser in less than a year, requiring community banks and vendors to start preparing now.

June 2021 - Online Training Newsletter

Jul 1, 2021
Occasionally, we hear from bankers who tell us that a completed course is not moving from the Current Enrollments tab to the Completed Courses tab. To help you and your staff troubleshoot why this might be happening, we’ve compiled a system checklist and more.

Faster Payments Have Arrived — Now What?

Jun 17, 2021
Faster payments have arrived. Accelerated by the pandemic, the growth in digital and contactless payments has pushed consumer and business expectations toward the real-time movement of money.

Crypto Chronicles: Agencies Coordinate Crypto Approach Amid Ransomware Escalation

Jun 16, 2021
In the past several months, bad actors have escalated their attacks against critical infrastructure and industries. These actions are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity and helping foreign governments evade sanctions and to the resultant need for heightened regulatory intervention.

Three Ways Community Bankers Can Increase Their Innovative Thinking

Jun 11, 2021
According to the 2020 Global Innovation Barometer from GE, COVID-19 had a significant downward influence on innovation. However, community banks found themselves in a different category—increasing their innovative thinking during the pandemic.

Liquidity Strategies for Illiquid Community Bank Stocks

Jun 8, 2021
The fundamental duty of community bank directors and executive officers is to enhance shareholder value. One of the key tenets of enhancing shareholder value is providing actual common stock liquidity. In this regard, liquidity is defined as the ability of a shareholder to convert their shares to cash at a fair price in a timely manner.

FDIC Continues to Encourage Consumers to #GetBanked

Jun 8, 2021
As part of its ongoing efforts to expand financial inclusion, the Federal Deposit Insurance Corporation’s (FDIC) #GetBanked campaign encourages consumers to consider opening a checking account that can result in access to safer and lower-cost financial products.

Business Continuity and Disaster Recovery—Let’s Cut to the Chase

Jun 8, 2021
Business continuity and disaster recovery are essential to an operation’s contingency plan. Following these established fundamentals can help increase your organization’s resilience.

Munis for the many: Taxable municipal bonds have appeal for nearly all community banks.

Jun 8, 2021
Chances are, your bank’s portfolio has been affected by declining portfolio conditions, erratic cash flows, call option exposure, or paltry yield spreads over the past year. The wild ride in interest rates kept producing surprises for the bond portfolio, and, in truth, about the only thing positive to be said is that prices rose—then declined—over that period.

How Community Banks Can Continue to Fight Elder Financial Exploitation and Abuse

Jun 7, 2021
The past year has been a trying time for our nation, particularly for America’s elderly population who were disproportionately impacted — both in terms of hospitalizations and deaths — from the coronavirus pandemic.

Operational risk resources to help community banks stay secure amid cyberattacks

Jun 3, 2021
In the wake of the high-profile cyberattacks on SolarWinds and Colonial Pipeline affecting national security and the everyday lives of Americans, cybersecurity has never been a more pressing concern to community banks.

Digital Dollar Digest: What Central Bank Digital Currency Architecture Means for Community Banks

Jun 3, 2021
CBDCs are taking center stage around the globe, with multiple research projects underway. As central banks lay the framework for digital currencies, how money movement is architected could have a significant impact on community banks.

Digital Dollar Digest: Catalysts for Exploring a Central Bank Digital Currency

Jun 3, 2021
What is galvanizing the world market to pursue central bank digital currencies? The factors are varied. In this edition of ICBA’s Digital Dollar Digest series, we explore the catalysts for global interest in central bank digital currency (CBDC).

A CRA partnership case study

Jun 1, 2021
Under the Community Reinvestment Act (CRA), partnerships between minority- and majority-owned banks can prove beneficial for all parties. Here’s how two banks came together to leverage each other’s resources and get CRA credit in the process.

From redlining to modernization: A CRA overview

Jun 1, 2021
The Community Reinvestment Act was designed to stop redlining, the impact of which is still felt in metro areas today. We look at the past and current CRA, including upcoming revisions from regulators.

Why we need Black-owned banks

Jun 1, 2021
Black-owned community banks have a long history of serving Americans historically left out of the mainstream banking system. Many well-established community banks continue this legacy today, but one troubling trend has emerged in the past two decades.