The Independent Community Bankers of America this week launched a print and digital advertising campaign to inform Americans about the credit union tax exemption and its impact on financial services consolidation in local communities.
The Financial Crimes Enforcement Network issued a notice on increasing online child sexual exploitation. The notice provides financial institutions with specific suspicious activity report filing instructions and highlights trends.
The Independent Community Bankers of America (ICBA) called on federal banking regulators to extend Community Bank Leverage Ratio flexibility given the impact of COVID-19 relief efforts on community bank capital levels.
ICBA President and CEO Rebeca Romero Rainey stated that ICBA and the nation’s community banks strongly oppose legislative proposals to authorize the Small Business Administration to provide direct loans through its 7(a) program,"
The Treasury Department and IRS continued pressing Congress to include an ICBA-opposed IRS reporting proposal in the pending budget package—demonstrating the continued need for community bankers to enlist consumers in opposing the plan.
The Cybersecurity and Infrastructure Security Agency announced its upcoming Fourth Annual National Cybersecurity Summit. The series of webinars every Wednesday in October will provide a forum for discussions of cybersecurity and collective action.
Whenever I hear the phrase, “the new normal” I’m reminded of the seismic shift in interactions with customers over the course of the pandemic. This is even more apparent when considering this new era in payments.