Agriculture Secretary Brooke Rollins announced that farmers who suffered eligible crop losses due to natural disasters in 2023 and 2024 can apply for $16 billion in assistance through the Supplemental Disaster Relief Program.
While all participants in last month’s Federal Open Market Committee meeting supported holding steady on target interest rates, “a couple” of participants said they would be open to cutting rates as soon as the next meeting.
The OCC announced updates for certain notices and posters required by the Community Reinvestment Act, Equal Credit Opportunity Act, and Fair Housing Act.
Community bankers’ optimism on the future economy is holding steady, according to the Conference of State Bank Supervisors’ second-quarter Community Bank Sentiment Index.
TCM Bank, N.A., the credit card bank of ICBA Payments, announced the election of Jill Sung, president and CEO of Abacus Federal Savings Bank, to the TCM Bank Board of Directors. Jack Hartings, chairman of the Peoples Bank Co., continues as TCM Bank’s chairman.
The latest Independent Banker magazine details how community banks stepped up to help employees, customers, and neighbors after wildfires devastated areas of Southern California.
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in areas of Texas affected by flooding.
The Independent Community Bankers of America (ICBA) announced its upcoming ICBA ThinkTECH Accelerator program showcase will once again take place at the Graduate School of Banking at Colorado (GSBC). The event, set for July 17, marks the culmination of the latest Accelerator program (AP9), a 10-week collaborative experience designed to foster fintech-community bank partnerships that advance community bank innovation.
High-performing community bank lenders use innovation and relationship-based banking to support their customers, as detailed in the latest Independent Banker magazine.
President Donald Trump signed into law the One Big Beautiful Bill Act budget reconciliation package after the House of Representatives passed it on a 218-214 vote.
The FDIC published its annual Consumer Compliance Supervisory Highlights, which includes a summary of the overall consumer compliance performance of FDIC-supervised institutions in 2024, the most frequently cited violations, and an overview of consumer complaint trends.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on congressional passage of the One Big Beautiful Bill Act budget reconciliation package.
The Consumer Financial Protection Bureau said it plans to issue new Section 1071 rulemaking as soon as possible and has extended compliance deadlines for most entities by one year—an extension designed to protect lenders that are not members of ICBA and not otherwise protected by the current stay.
Following federal banking regulators’ recently issued request for information on potential agency actions to address check fraud and other forms of payments fraud, the Independent Community Bankers of America (ICBA) today announced polling results showing Americans support policy efforts to take on the scourge of check fraud.
ICBA said the OCC should adopt a modernized and responsive regulatory framework that enables responsible innovation while preserving the safety and soundness of the financial system.
The Financial Action Task Force said stronger action is needed to safeguard the integrity of the international financial system from the risks posed by virtual assets.
