A new ICBA blog post says a sudden influx of applications from nonbank financial technology firms for national bank trust charters requires the OCC to change course.

The Consumer Financial Protection Bureau submitted a proposed rule on Section 1033 of the Dodd-Frank Act for review to the Office of Information and Regulatory Affairs. ICBA expects the proposal to be published for public comment in the near future.

The ICBA Foundation Disaster Relief Program in coordination with the Independent Bankers Association of Texas is making a final push for tax-deductible donations to assist community banks and employees affected by recent flooding in Texas.