The Senate passed legislation to establish a regulatory framework for payment stablecoins without ICBA-opposed amendments to impose new credit card restrictions.
ICBA pledged to continue working with Congress on legislation to establish a regulatory framework for payment stablecoins following Tuesday’s 68-30 bipartisan Senate vote to pass the GENIUS Act (S. 1582).
The Consumer Financial Protection Bureau published an interim final rule to extend its 1071 small-business reporting rule’s compliance and reporting dates.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act (S. 1582).
This month, four interns and I joined ICBA! This is the first year that ICBA interns are located in all three ICBA office locations (Washington D.C., Atlanta, and Sauk Centre, MN)! It has been incredible-from onboarding to the warm welcomes we've received from our teams. We are thrilled to be part of team ICBA, using our skills to support the community banking mission.
ICBA applauded the federal banking agencies for announcing a request for comment on potential actions to help consumers, businesses, and financial institutions mitigate risk of payments fraud, with a particular focus on check fraud.
The Financial Action Task Force updated its lists of countries monitored for deficiencies in their efforts to counter money laundering, terrorist financing, and proliferation financing.
The FDIC’s national rates and rate caps for savings accounts, interest checking accounts, money market accounts, and CDs have been updated and are available on the FDIC website.
The Independent Community Bankers of America (ICBA) applauded the prudential banking regulators for announcing a request for information on potential actions to help consumers, businesses, and financial institutions mitigate risk of payments fraud, with a particular focus on check fraud.
ICBA Payments®, the payments subsidiary of the Independent Community Bankers of America® (ICBA), today announced the appointment of Troy Cullen as executive vice president, chief revenue officer for the organization and its agent bank, TCM Bank N.A.
ICBA-advocated legislation to curb the use of mortgage “trigger leads” last week passed the Senate by unanimous consent after the House Financial Services Committee advanced its version of the measure.
ICBA Payments announced the appointment of Troy Cullen as executive vice president and chief revenue officer for the organization and its agent bank, TCM Bank N.A.
ICBA CRA Solutions marked World Elder Abuse Awareness Day by equipping community bankers with tools such as a customizable news release on ICBA’s Media Resource Center.
In recognition of World Elder Abuse Awareness Day (WEAAD) on June 15, ICBA CRA Solutions and its Senior Housing Crime Prevention Foundation (SHCPF) are raising awareness of elder financial exploitation and highlighting tools available to help protect America’s seniors from fraud and abuse — crimes that cost older adults billions annually.
ICBA continues calling on community bankers to use its Be Heard Grassroots Action Center to ask senators to co-sponsor the Access to Credit for our Rural Economy (ACRE) Act (S. 838) and preserve and expand ACRE in the Senate’s reconciliation tax bill.
The House Financial Services Committee voted to advance ICBA-advocated bills to ban trigger leads, change threshold requirements for small bank holding companies, and support small financial institutions.
The Federal Reserve reminded banks it will adopt the ISO 20022 message format for the Fedwire Funds Service on Monday, July 14. The existing proprietary Fedwire Application Interface Manual format will sunset on Friday, July 11.