ICBA briefing on CRA rule tomorrow

Nov 27, 2023 | NewsWatch Today
ICBA tomorrow is hosting a complimentary community bank briefing on the interagency final rule to reform Community Reinvestment Act regulations.

FinCEN warns of Employee Retention Credit fraud

Nov 27, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network issued an alert to financial institutions on fraud schemes related to the COVID-19 Employee Retention Credit.

Treasury issues advisory on AI-enabled holiday scams

Nov 27, 2023 | NewsWatch Today
The Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection released an advisory highlighting tips consumers can take to avoid becoming the victim of cyber or online scams this holiday shopping season.

Agencies extend comment period on megabank debt proposal

Nov 27, 2023 | NewsWatch Today
Federal banking regulators extended the comment period on their long-term debt proposed rule for large banks until Jan. 16, 2024. Comments on the proposal were originally due by Nov. 30.

CFPB approves ICBA proposal to improve mortgage disclosures

Nov 22, 2023 | NewsWatch Today
ICBA expressed support for the Consumer Financial Protection Bureau’s approval of ICBA’s proposed template to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure rules.

FDIC approves special committee for workplace review

Nov 22, 2023 | NewsWatch Today
The FDIC board of directors unanimously approved a special committee to oversee an independent third-party review of the agency’s workplace culture following reports of misconduct.

FHFA finalizes changes to commingled securities, bi-merge requirements

Nov 22, 2023 | NewsWatch Today
The Federal Housing Finance Agency published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework for Fannie Mae and Freddie Mac.

Agencies issue new advisory on LockBit ransomware

Nov 22, 2023 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency and other agencies released a joint cybersecurity advisory on detection methods associated with LockBit 3.0 ransomware affecting Citrix systems.

ICBA Supports CFPB Approval of Project to Improve Mortgage Disclosures

Nov 21, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today expressed support for the Consumer Financial Protection Bureau’s approval of ICBA’s proposed template to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure (TRID) rules.

Keynote speakers, learning labs set for ICBA LIVE

Nov 21, 2023 | NewsWatch Today
ICBA announced two keynote speakers and initial learning lab sessions for ICBA LIVE 2024, which is scheduled for March 14-17 in Orlando, Fla.

ICBA urges preliminary notice on credit reporting rulemaking

Nov 21, 2023 | NewsWatch Today
ICBA and other groups called on the Consumer Financial Protection Bureau to issue an advance notice of proposed rulemaking before releasing its upcoming proposed rule on credit reporting.

ICBA briefing on CRA rule next week

Nov 21, 2023 | NewsWatch Today
ICBA next week is slated to hold a complimentary community bank briefing on the interagency final rule to reform Community Reinvestment Act regulations.

Sixth ThinkTECH Accelerator open for registration

Nov 21, 2023 | NewsWatch Today
Community bankers can now register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

ICBA supports community bank exemption from FDIC special assessment

Nov 20, 2023 | NewsWatch Today
ICBA expressed support for the FDIC’s final rule exempting the vast majority of community banks from its special assessment to replenish the Deposit Insurance Fund.

Fed announces pricing for payment services

Nov 20, 2023 | NewsWatch Today
The Federal Reserve Board announced pricing for payment services offered by the Federal Reserve Banks, effective Jan. 2.

FS-ISAC issues report on LockBit ransomware group

Nov 20, 2023 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center released a white paper on LockBit, one of the most prolific ransomware groups since 2019.

ICBA issues comprehensive CRA summary, reschedules briefing

Nov 20, 2023 | NewsWatch Today
ICBA released a comprehensive summary of the recently released interagency final rule to reform Community Reinvestment Act regulations.

ICBA Supports FDIC Special Assessment’s Community Bank Exemption

Nov 17, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Federal Deposit Insurance Corporation’s final rule implementing special assessments for the resolutions of Silicon Valley Bank and Signature Bank of New York.

FDIC finalizes community bank special assessment exemption

Nov 17, 2023 | NewsWatch Today
The FDIC board of directors voted 3-2 to approve its special assessment to replenish the Deposit Insurance Fund with an ICBA-supported exemption for the vast majority of community banks.

ICBA meets with Fed on re-presentment concerns

Nov 17, 2023 | NewsWatch Today
ICBA leadership community bankers and staff met with Federal Reserve officials on banking regulators’ supervisory approach to how banks assess fees on items that are repeatedly rejected for insufficient funds.