A joint letter from ICBA and other groups to the Consumer Financial Protection Bureau on pending rulemakings related to overdraft and non-sufficient-funds fees is making news.
FDIC Director Jonathan McKernan said regulators should investigate the impact of the “Big Three” asset managers—Vanguard, BlackRock, and State Street—on the banking industry.
Community bankers can register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.
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 (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.
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.
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.
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 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 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.
Community bankers can register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.
The Consumer Financial Protection Bureau said it recently sent $6 million in financial relief to consumers harmed by illegal lending practices targeting veterans.
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.
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.
