ICBA expressed opposition to blockchain tech company Ripple’s application for a national trust bank charter for its proposed subsidiary, Ripple National Trust Bank.
The FDIC announced it is updating its supervisory approach regarding whether banks can use pre-populated customer information for the purpose of opening an account to satisfy Customer Identification Program requirements.
The Federal Reserve and FDIC released the public sections of resolution plans for the eight largest and most complex domestic banking organizations and 56 foreign banking organizations.
We've officially completed our nine weeks at ICBA this summer! From learning and laughing together, whether in the office or on team calls, it is safe to say that this summer was full of valuable moments for us all.
To help community banks save money, time and frustration, the latest Independent Banker magazine shares what to look out for when assessing a tech budget.
A Farm Credit System lender is suing a Tennessee distillery after the enterprise’s nonfarm commercial loan to the business has gone south, according to a local media report.
The Senate passed ICBA-advocated legislation restricting credit reporting agencies from selling consumers’ contact information when they apply for a residential mortgage.
A new article features growing concerns that the nation’s largest credit unions are increasingly behaving more like profit-driven banks with a tax advantage than mission-centric nonprofits.
The Federal Reserve announced it joined other banking agencies and the Financial Crimes Enforcement Network in permitting banks to obtain a Tax Identification Number from a third party rather than directly from customers.
Personal income and spending each increased 0.3% in June, the Commerce Department reported. From the same month one year ago, the PCE price index increased 2.6%.
ICBA published a new summary of the GENIUS Act for ICBA members and next week is scheduled to host a complimentary community bank briefing on the act and other digital asset policy developments.
The Consumer Financial Protection Bureau requested a stay in a lawsuit challenging the 1033 rule on consumer data security and privacy and said it plans to craft a new rule soon.
ICBA urged the Federal Reserve to provide regulatory relief on the Debit Card Issuer Interchange survey, which is used to implement Regulation II debit card interchange standards.
ICBA expressed strong support for the Preventing Regulatory Overreach to Empower Communities to Thrive and Ensure Data privacy (PROTECTED) Act (S. 2352), which would mitigate the adverse impact of the CFPB’s rule under Dodd-Frank Section 1071 on America’s small businesses and community banks.
