Forum next week on using tech to protect seniors

Dec 6, 2024 | NewsWatch Today
ICBA’s ThinkTECH Solutions Forum: AgeTech is scheduled for noon (Eastern time) Thursday, Dec. 12.

Independent Banker shares farm bill prospects

Dec 6, 2024 | NewsWatch Today
A new five-year farm bill will run about 1,000 pages and include a vast array of programs, so the most likely action is an extension of the current bill and possibly an emergency aid package, according to the latest Independent Banker magazine.

Fiserv chief nominated to lead Social Security

Dec 6, 2024 | NewsWatch Today
Frank Bisignano—chairman, president, and CEO of Fiserv, a global provider of payments and financial services technology solutions—was nominated by President-Elect Donald Trump to be commissioner of the Social Security Administration.

ICBA: CFPB’s 1071 rule exceeds its authority

Dec 5, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau’s 1071 small-business rule exceeds the agency’s statutory authority and is arbitrary and capricious, ICBA said in a new court filing.

Treasury sanctions money laundering network using digital assets

Dec 5, 2024 | NewsWatch Today
The Treasury Department sanctioned five individuals and four entities associated with the TGR Group, an international network of businesses and employees that act on behalf of Russian elites.

Agencies issue statement on financial exploitation of elderly

Dec 5, 2024 | NewsWatch Today
Five federal financial regulatory agencies, the Financial Crimes Enforcement Network, and state financial regulators issued a joint statement to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation.

OCC updates unfair practices booklet

Dec 4, 2024 | NewsWatch Today
The OCC issued version 1.1 of the “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices” booklet of the Comptroller’s Handbook.

Relationship Managers Are Here for You

Dec 4, 2024 | Payments Pulse
Community banks have a strong history of offering their customers personalized service. Our relationship management team has the same philosophy and supports community bank payment needs one-on-one. We know bankers wear many hats, and sometimes taking the time to understand the ins and outs of your card portfolio, or answer critical payments-related questions, can take longer than expected.

The Card Trends to Watch in 2025

Dec 4, 2024 | Payments Pulse
What 2025 holds for payments remains to be seen. Decreasing interest rates may fuel larger spending and comfort with revolving credit, but some businesses have begun limiting their acceptance of cards or passing fees along to customers, which could drive decreased use. Couple those developments with a shifting regulatory environment, and the future of card payments gets a bit murky.

What to Say to Customers When They Are Being Scammed

Dec 4, 2024 | Payments Pulse
On a daily basis, my team identifies, investigates, and responds to fraud, including customer scams. While our fraud monitoring systems flag unusual activity, the bulk of our time is spent evaluating the situation and then discussing it with the customer to get to the bottom of what really happened.

Agencies seek further comment on regulatory burden

Dec 4, 2024 | NewsWatch Today
The federal bank regulatory agencies announced the third notice requesting comment to reduce regulatory burden as required by the Economic Growth and Regulatory Paperwork Reduction Act of 1996.

CFPB proposes rule on consumer reporting

Dec 4, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued a notice of proposed rulemaking related to consumer reporting and the requirements of the Fair Credit Reporting Act.

Regulators hosting fair lending webinar today

Dec 4, 2024 | NewsWatch Today
Federal regulators are slated to host an interagency webinar on fair lending at 2 p.m. (Eastern time) today. The webinar will cover redlining, Community Reinvestment Act rules, the relationship between CRA and fair lending, and more.

Independent Banker honors best community banks to work for

Dec 3, 2024 | NewsWatch Today
This month’s Independent Banker magazine recognizes the best community banks to work for, selected by the input of full-time employees.

FDIC updates Q&As on official signage

Dec 3, 2024 | NewsWatch Today
The FDIC updated questions and answers related to its final rule governing the usage of official FDIC signs, advertising, name, logo, and more.

Fed’s Waller expects rate cuts to continue over next year

Dec 3, 2024 | NewsWatch Today
Monetary policy is still restrictive and putting downward pressure on inflation without creating undesirable weakness in the labor market, according to Federal Reserve Governor Christopher Waller, who added that he expects rate cuts to continue over the next year.

ICBA Independent Banker Honors 2025 Best Community Banks to Work For Winners

Dec 2, 2024 | Press Release
The December cover story of Independent Banker magazine, the award-winning publication of the Independent Community Bankers of America (ICBA), spotlights this year’s Best Community Banks to Work For recipients. These honorees were selected for their outstanding dedication to fostering positive and rewarding workplace environments that inspire their teams to excel and contribute meaningfully to their communities.

ICBA op-ed: Megabanks aren't—and never will be—community banks

Dec 2, 2024 | NewsWatch Today
While some industry watchers might apply the term “community bank” to the nation's largest financial institution, the truth is community banks cannot be replicated by megabanks, ICBA Chairman Lucas White wrote in a new American Banker op-ed (subscription required).

OCC announces 2025 fees and assessments

Dec 2, 2024 | NewsWatch Today
The OCC announced its fees and assessments for calendar year 2025.

Q4 community bank briefing this month

Dec 2, 2024 | NewsWatch Today
ICBA this month is hosting a complimentary community bank briefing on key congressional and regulatory developments.