ICBA and others today filed a joint lawsuit in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and capriciously with their recent amendments to the CRA rules.
ICBA is calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage applicants.
Federal Reserve Governor Michelle Bowman said she is concerned that federal regulators respond to financial industry risks by focusing too much on regulated banks.
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary offers tips for educating commercial customers on identity theft.
The Senate Banking Committee spotlighted ICBA concerns with how check fraud enabled by large financial institutions and the U.S. Postal Service is affecting community banks and their customers.
The Financial Crimes Enforcement Network issued an alert to U.S. financial institutions related to financing Israeli extremist settler violence against Palestinians in the West Bank.
ICBA today is raising concerns to Congress about how check fraud enabled by the U.S. Postal Service and large financial institutions is affecting community banks and their customers.
The Federal Open Market Committee said its policy on senior officials’ investment and trading activity will apply to more Federal Reserve System staff.
ICBA expressed support for the Basel Committee on Banking Supervision’s work to draft a regulatory framework for disclosing cryptoasset exposures in banking entities’ financial statements.
A new Federal Housing Finance Agency scorecard on Fannie Mae and Freddie Mac fails to address the 15-year conservatorship of the government-sponsored enterprises, ICBA said.
ICBA updated its “Advocacy in Action” government relations dashboard for the first quarter with the latest community banking advocacy successes and priorities.
Could the final rule cause thoughts of early retirement? Have you read the new best-seller co-authored by the FDIC, the Federal Reserve and the OCC? It’s been as slow as molasses but it’s finally here, so put on your bifocals.
The Independent Community Bankers of America (ICBA) today announced that Ncontracts has been selected as its newest Preferred Service Provider (PSP). Ncontracts, which provides integrated vendor, risk, and compliance management solutions, helps community banks confidently manage their enterprise risk and vendor management workload.
The OCC issued a proposed rule to update its rules for business combinations involving national banks and federal savings associations and to clarify how it reviews applications under the Bank Merger Act.