ICBA today expressed its strong support for the Office of the Comptroller of the Currency’s announcement that it will reverse its ICBA-opposed decision to merge its community, midsize, and large bank supervision functions into a single unit.
ICBA told the FDIC that in revising the agency’s supervisory appeals process, the FDIC should ensure that reviewers have significant community banking experience.
The Federal Reserve announced a new reporting feature for its FedDetect Anomaly Notification for FedACH Services, which helps financial institutions quickly address potential fraud.
ICBA urged the House Financial Services Committee to vote to advance several pro-community banks bills that the committee is scheduled to mark up today.
The FDIC requested comment on a proposal to survey banks about the costs to comply with the Bank Secrecy Act and related anti-money laundering and countering the financing of terrorism requirements.
The Independent Community Bankers of America® (ICBA) announced today BankTech Ventures, a leading strategic investment fund focused on financial technology companies serving community banks, is the newest sponsor for ICBA’s acclaimed ThinkTECH Accelerator and related innovation programming. The sponsorship supports ICBA’s ongoing efforts to further advance community bank innovation and foster an environment where community banks flourish.
Nacha announced that, starting next month, the process of requesting proof of an ACH Rules compliance audit will be automated through its Risk Management Portal.
OCC and FDIC leaders said they plan to focus on improving the regulatory framework for community banks, including making changes to the community bank leverage ratio.
Senior ICBA staff this week participated in two meetings with federal officials related to getting the government-sponsored enterprises, Fannie Mae and Freddie Mac, out of conservatorship.
ICBA released the results of a new data analysis demonstrating that credit union acquisitions of community banks are harming small businesses and local communities.
The latest op-ed from ICBA leadership community banker Ken Hale on the negative impact of the credit union tax exemption details the direct impact that credit unions purchasing banks in Louisiana will have on local governments.
The Independent Community Bankers of America (ICBA) today called on Congress to consider deposit insurance reforms that enhance coverage for small businesses, address the more favorable regulatory treatment the nation’s largest banks receive under the current framework, and ensure community banks are not penalized.
The Independent Community Bankers of America (ICBA) today called on Congress to consider deposit insurance reforms that enhance coverage for small businesses, address the more favorable regulatory treatment the nation’s largest banks receive under the current framework, and ensure community banks are not penalized.
The Independent Community Bankers of America (ICBA) today released the results of a new data analysis demonstrating that the growth of tax-exempt credit unions acquiring tax-paying community banks is harming small businesses and local communities while community banks outperform credit unions in high-poverty areas.
