‘Tell Your Story’ Toolkit offers resources for 2023

Jan 17, 2023 | NewsWatch Today
ICBA’s complimentary "Tell Your Story" Marketing Communications Toolkit offers new and updated resources to help community banks plan for the year ahead.

FinCEN requests comment on beneficial ownership information reporting

Jan 17, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network today is slated to request public comments on two notices related to beneficial ownership information reporting, with comments due by March 20.

FinCEN issues alert on human smuggling at southwest border

Jan 17, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network issued an alert to support financial institutions in detecting financial activity related to human smuggling along the southwest border of the United States.

OCC issues revised fair lending booklet

Jan 13, 2023 | NewsWatch Today
The OCC issued a revised version of the “Fair Lending” booklet of the Comptroller’s Handbook.

ICBA Names Chris Gully Assistant Vice President of Member Relations

Jan 13, 2023
The Independent Community Bankers of America (ICBA) today announced the hire of Chris Gully as assistant vice president of member relations. In this role he will work with ICBA’s member relationship officers to educate existing and prospective members about the benefits of ICBA and how the association helps community banks achieve their business goals and objectives.

ICBA, state groups meet with Treasury on key issues

Jan 13, 2023 | NewsWatch Today
ICBA and affiliated state community banking associations met this week with Treasury Department officials to discuss BSA/AML compliance, Corporate Transparency Act implementation, the impact of de-risking the financial system on financial inclusion, and other issues.

House Financial Services subcommittee chairs named

Jan 13, 2023 | NewsWatch Today
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced the panel’s subcommittees, chairs, and jurisdiction for the 118th Congress.

CFPB proposes nonbank registry of form contract terms

Jan 12, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it or leave it” form contracts.

ICBA Announces Nominations for 2023-24 Board of Directors

Jan 12, 2023 | Press Release
The Independent Community Bankers of America today announced the nominees to serve on its 2023-24 board of directors.

USDA expands eligibility for emergency programs

Jan 11, 2023 | NewsWatch Today
The USDA’s Farm Service Agency expanded eligibility and enhanced available benefits for several programs that provide support following natural disasters.

Fed’s Bowman: Regulators shouldn’t hinder crypto innovation

Jan 11, 2023 | NewsWatch Today
Federal Reserve Governor Michelle Bowman said that while crypto-assets can pose significant risks to consumers and the financial system, regulators should avoid hindering innovation.

Powell: Fed climate responsibilities narrow

Jan 11, 2023 | NewsWatch Today
Federal Reserve Chair Jerome Powell said the Fed has narrow responsibilities regarding climate-related financial risks, while broader climate policies should be made by elected officials.

Register for ICBA LIVE 2023: the Largest Networking Event for the Nation’s Community Bankers

Jan 10, 2023 | Press Release
Register today for the Independent Community Bankers of America’s (ICBA) national convention, ICBA LIVE 2023 — the largest, most comprehensive educational event for the nation’s community bankers.

ICBA to SBA: Don’t Add Unregulated Fintechs to Federal Loan Program

Jan 6, 2023 | Press Release
The Independent Community Bankers of America (ICBA) reiterated its call for the Small Business Administration to maintain its long-standing moratorium on the number of non-federally regulated institutions, including nonbank fintech companies, that can make loans under its 7(a) program.

CFPB planning ‘pre-rule’ overdraft activity: agenda

Jan 6, 2023 | NewsWatch Today
The Biden Administration’s Office of Information and Regulatory Affairs published the regulatory agencies’ fall 2022 rulemaking agenda.

CFPB accepting HMDA data submissions

Jan 5, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau said its filing period for Home Mortgage Disclosure Act data collected in 2022 opened on Jan. 1. Submissions will be considered timely if received on or before Wednesday, March 1.

GSE Form 1103, fair lending requirements effective March 1

Jan 5, 2023 | NewsWatch Today
Fannie Mae and Freddie Mac are reminding lenders that they will require the Supplemental Consumer Information Form (Form 1103) for new conventional loans with application dates on or after March 1.

ICBA/Travelers Deliver 21st Consecutive Dividend for Participating Community Banks

Jan 4, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today announced the 21st consecutive dividend for community banks participating in the Travelers ICBA insurance program’s Policyholder Safety Group Dividend plan.

Banking agencies issue new crypto guidance

Jan 4, 2023 | NewsWatch Today
Federal banking regulators issued a statement highlighting key crypto risks for banking organizations and describing the agencies’ approaches to supervision in this area.

Bolton: Wells Fargo penalty reflects too-big-to-fail plague

Jan 3, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau’s latest penalty against Wells Fargo Bank reflects the unfortunate fact that the too-big-to-fail problem is alive and well, ICBA Chairman Brad Bolton wrote in an op-ed on LinkedIn.