ICBA announces support for proposed large-bank debt rules

Jan 5, 2024 | NewsWatch Today
ICBA announced its support for an interagency proposal to require banks with $100 billion or more in assets to maintain minimum levels of externally issued long-term debt.

Rep. Blaine Luetkemeyer won’t seek reelection

Jan 5, 2024 | NewsWatch Today
Rep. Blaine Luetkemeyer (R-Mo.), who chairs the House Financial Services Committee’s national security subcommittee, said he will retire from Congress at the end of his current term.

CFPB accepting HMDA data submissions

Jan 5, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau said its filing period for Home Mortgage Disclosure Act data collected in 2023 opened on Jan. 1. Submissions will be considered timely if received on or before Friday, March 1.

FDIC compares bank impact of different inflationary periods

Jan 5, 2024 | NewsWatch Today
The recent inflationary period has had a different impact on banks than did the periods of stagflation during the 1970s, the FDIC said in a new report.

ICBA Supports Proposed Long-Term Debt Requirements for Large Banks

Jan 4, 2024 | Press Release
The Independent Community Bankers of America (ICBA) expressed support for an interagency proposal to require banks with $100 billion or more in assets to maintain minimum levels of externally issued long-term debt

ICBA Community tops 2,000 members

Jan 4, 2024 | NewsWatch Today
The ICBA Community online platform continues to grow, recently surpassing 2,000 members since its launch in July.

ICBA supports proposed debt requirements for large banks

Jan 4, 2024 | NewsWatch Today
ICBA expressed support for an interagency proposal to require banks with $100 billion or more in assets to maintain minimum levels of externally issued long-term debt.

ICBA to CFPB: Small-biz review needed ahead of overdraft proposal

Jan 4, 2024 | NewsWatch Today
ICBA and other groups called on the Consumer Financial Protection Bureau to hold off on any rulemakings related to overdraft and non-sufficient-funds fees until it conducts a statutorily required review under the Small Business Regulatory Enforcement Fairness Act.

ThinkTECH Accelerator private sessions coming up

Jan 4, 2024 | NewsWatch Today
Community bankers can register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

CFPB sending $6M in relief checks

Jan 3, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau said it recently sent $6 million in financial relief to consumers harmed by illegal lending practices targeting veterans.

Independent Banker offers 2024 CEO outlook

Jan 3, 2024 | NewsWatch Today
The January issue of ICBA's Independent Banker magazine features a look ahead at the coming year from a roundtable of community bank CEOs.

CDFI Fund advisory board meeting this month

Jan 3, 2024 | NewsWatch Today
The Community Development Advisory Board—which advises the Community Development Financial Institutions Fund—is scheduled to meet at 2 p.m. (Eastern time) Wednesday, Jan. 17. The virtual meeting was previously scheduled for Nov. 28.

FinCEN now accepting beneficial ownership reports

Jan 2, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network began accepting beneficial ownership information reports.

ICBA urges community bank exemptions in 1033 rule

Jan 2, 2024 | NewsWatch Today
ICBA urged the Consumer Financial Protection Bureau to exempt certain community banks from proposed standards for sharing consumer financial data.

ICBA PAC auction tickets available

Jan 2, 2024 | NewsWatch Today
Tickets are now available for ICBA PAC’s 35th Annual Auction Fundraiser, which is scheduled for Saturday, March 16, during ICBA LIVE in Orlando.

Senate committee chairman: ILC loophole a top 2024 priority

Jan 2, 2024 | NewsWatch Today
Senate Banking Committee Chairman Sherrod Brown (D-Ohio) included ICBA-supported legislation to close the industrial loan company loophole in his list of priorities for the coming year.

Treasury issues request for input on financial inclusion

Jan 2, 2024 | NewsWatch Today
The Treasury Department issued a request for information on its planned development of a national strategy for financial inclusion.

ICBA to CFPB: Include Community Bank Exemption in 1033 Proposal on Sharing Consumer Financial Data

Dec 29, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today urged the Consumer Financial Protection Bureau to exempt certain community banks from proposed standards for sharing consumer financial data.

FinCEN finalizes rule on beneficial ownership information access

Dec 22, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network issued a final rule that establishes the framework for access to and protection of beneficial ownership information.

Treasury seeks input on national financial inclusion strategy

Dec 22, 2023 | NewsWatch Today
The Treasury Department requested input on its planned development of a national strategy for financial inclusion.