ICBA supports proposed tax treatment for digital assets

Nov 14, 2023 | NewsWatch Today
ICBA expressed support for an Internal Revenue Service proposal designed to clarify the tax treatment of digital assets.

ICBA briefing on CRA rule this week

Nov 14, 2023 | NewsWatch Today
ICBA is slated to hold a complimentary briefing this week on the interagency final rule to reform Community Reinvestment Act regulations.

ICBA launching survey on recent regulatory changes

Nov 14, 2023 | NewsWatch Today
ICBA this week is launching a survey on the value of community banks, small-business lending, and the regulatory environment. The survey will inform a forthcoming ICBA report on the impact of recent regulatory changes, including the Consumer Financial Protection Bureau’s Section 1071 rulemaking.

Grassroots key as Congress debates spending bills

Nov 13, 2023 | NewsWatch Today
With Congress working this week to advance funding bills to avoid a government shutdown ahead of Friday’s deadline, ICBA is calling on community bankers to contact their members of Congress on pressing legislative issues.

Bowman reiterates CRA, interchange, climate concerns

Nov 13, 2023 | NewsWatch Today
Federal Reserve Governor Michelle Bowman reiterated her concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

Luetkemeyer raises concerns with GSE credit score change

Nov 13, 2023 | NewsWatch Today
A key member of the House Financial Services Committee raised concerns with the Federal Housing Finance Agency’s plan to change credit report requirements for Fannie Mae and Freddie Mac mortgages.

FinCEN issues final rule on beneficial ownership identifiers

Nov 9, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network issued a final rule that specifies the circumstances in which a reporting company may report an entity’s FinCEN identifier in lieu of information about individual beneficial owners.

Regulators target CRA, interchange, climate standards

Nov 9, 2023 | NewsWatch Today
Federal Reserve Governor Michelle Bowman expressed concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

ICBA, state groups request comment extension on 1033 proposal

Nov 9, 2023 | NewsWatch Today
ICBA and its affiliated state community banking associations called on the Consumer Financial Protection Bureau to extend the comment deadline on its proposal to implement standards for sharing consumer financial data under Section 1033 of the Dodd-Frank Act.

FinCEN issues new SAR term for reporting export control evasion

Nov 9, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network and the Bureau of Industry and Security issued a joint notice highlighting a new Suspicious Activity Report key term.

ICBA briefing next week on CRA final rule

Nov 9, 2023 | NewsWatch Today
ICBA is slated to hold a complimentary briefing next week on the interagency final rule to reform Community Reinvestment Act regulations.

ICBA Statement on Federal Home Loan Bank Report

Nov 7, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Housing Finance Agency report on the Federal Home Loan Banks.

Community Banker University now ICBA Education

Nov 7, 2023 | NewsWatch Today
ICBA announced the rebranding of Community Banker University to ICBA Education as part of the new ICBA brand, which launched last week.

ICBA opposes Labor Department overtime proposal

Nov 7, 2023 | NewsWatch Today
ICBA expressed strong opposition to a Labor Department proposal that would increase the number of employees who are entitled to overtime compensation.

House Ag ranking member calls for one-year farm bill extension

Nov 7, 2023 | NewsWatch Today
House Agriculture Committee Ranking Member David Scott (D-Ga.) called for a one-year extension of the 2018 farm bill while lawmakers continue to develop a five-year reauthorization.

ICBA expresses concerns with SBA 7(a) expansion

Nov 6, 2023 | NewsWatch Today
ICBA expressed concerns with a Small Business Administration announcement that it has licensed three new Small Business Lending Companies for its 7(a) loan program.

New ICBA podcast on rising cybercrime

Nov 6, 2023 | NewsWatch Today
The latest episode of ICBA’s “Independent Banker” podcast spotlights rising cybercrime and the importance of community banks fortifying their cybersecurity operations.

Watchdog warns of money-laundering threats

Nov 6, 2023 | NewsWatch Today
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its list of jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.

ICBA offers high-level CRA summary ahead of briefing

Nov 6, 2023 | NewsWatch Today
ICBA released a high-level summary of the recently released interagency final rule to reform Community Reinvestment Act regulations ahead of an upcoming ICBA briefing on the rule.

ICBA Statement on New SBA 7(a) Lending Companies

Nov 3, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Small Business Administration’s expansion of its 7(a) loan program.