Agency advisory warns of Russian cyber threats

Jan 12, 2022 | NewsWatch Today
Federal agencies issued a joint cybersecurity advisory on understanding and mitigating Russian state-sponsored cyber threats to U.S. critical infrastructure.

ICBA 2022 ThinkTECH Accelerator Program Launches

Jan 11, 2022 | Press Release
The Independent Community Bankers of America in partnership with The Venture Center, and the State of Arkansas today officially unveiled its fourth annual ICBA ThinkTECH Accelerator cohort during a virtual kickoff event focused on community bank innovation.

TCM Bank N.A., promotes three leaders to executive level positions

Jan 11, 2022 | Press Release
TCM Bank, N.A., the credit card bank of ICBA Bancard®, announced the promotions of three of its executives, Terri Howard as executive vice president and chief people officer, C.J. Littrell as executive vice president and chief operating officer and David Gonzalez as executive vice president and chief risk officer.

2022 ThinkTECH Accelerator launches today

Jan 11, 2022 | NewsWatch Today
The 2022 ICBA ThinkTECH Accelerator Program kicks off today with a virtual event to formally introduce the 2022 cohort and launch the immersive 12-week program accelerating community banking innovation.

Cannabis banking champion won’t seek reelection

Jan 11, 2022 | NewsWatch Today
House Subcommittee on Consumer Protection and Financial Institutions Chairman Ed Perlmutter (D-Colo.) announced on Monday that he will not seek reelection this fall, renewing the urgency to pass legislation that creates a safe harbor for banks serving cannabis-related businesses this Congress.

2022 ThinkTECH Accelerator kicks off tomorrow

Jan 10, 2022 | Events | NewsWatch Today
The 2022 ICBA ThinkTECH Accelerator Program kicks off tomorrow with a virtual event to introduce the 2022 cohort and launch the rigorous 12-week program accelerating community banking innovation.

Vaccine mandate effective today unless high court steps in

Jan 10, 2022 | NewsWatch Today
The Biden administration’s vaccine-or-test mandate for employers with 100 or more employees is scheduled to take effect today unless the U.S. Supreme Court halts enforcement.

FS-ISAC offers security training guide

Jan 10, 2022 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report focuses on setting up security awareness training for 2022 to meet regulatory requirements.

FDIC releases call report materials

Jan 10, 2022 | NewsWatch Today
The FDIC released materials pertaining to call reports for the Dec. 31, 2021, report date, which are generally due by Sunday, Jan. 30.

ICBA Bancard announces management promotions

Jan 7, 2022 | Press Release
ICBA Bancard announced management promotions for Rebecca Kruse who was named executive vice president and chief operating officer and Dina Mickens who was promoted to vice president and manager of operations and fraud.

Bank of Charles Town Automates Commercial Lending with Jack Henry’s All-Digital Loan Origination Platform

Jan 7, 2022 | Industry News From Corporate Members
Charles Town, W.Va.-based BCT has experienced rapid growth in recent years after investing heavily in digital banking solutions, namely their website, digital wallets, and mobile deposit features. Still, the bank's previous loan origination system had a manual backend process, leading to a burdensome experience for both borrowers and employees and a lengthy loan turnaround time. To continue growing, BCT needed a loan origination solution with a superior customer front-end and a seamless process, one that would boost efficiencies, enhance customer experience, streamline internal work efforts, and ultimately eliminate unnecessary costs. With Jack Henry, the bank is gaining a centralized and flexible solution that enables lenders to make an informed credit risk decision, track and monitor individual loans as well as manage portfolios.

ICBA Urges CFPB to Expand Exemptions from 1071 Reporting Rules

Jan 6, 2022 | Press Release
ICBA today called on the Consumer Financial Protection Bureau to exempt more community banks and small businesses from its proposal to implement new small-business loan data collection and reporting requirements.

ICBA Announces Staff Promotions

Jan 6, 2022 | Press Release
The Independent Community Bankers of America today announced several staff promotions in recognition of their efforts to support the nation’s community banks.

Credit union acquisition of Nebraska community bank denied

Jan 6, 2022 | NewsWatch Today
The Nebraska Department of Banking and Finance denied an application by $7.9 billion-asset GreenState Credit Union in North Liberty, Iowa, to acquire $395 million-asset Premier Bank in Omaha.

CFPB: Credit bureaus top consumer complaints

Jan 6, 2022 | NewsWatch Today
More than half of all consumer complaints received by the Consumer Financial Protection Bureau from January 2020 through September 2021 were directed at Equifax, Experian, and TransUnion, the bureau said.

1071 comment letters due tomorrow

Jan 5, 2022 | NewsWatch Today
Comments on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements are due tomorrow, Jan. 6.

2022 ThinkTECH Accelerator virtual kickoff next week

Jan 5, 2022 | NewsWatch Today
Community bankers can join forward-thinking innovators for the 2022 ICBA ThinkTECH Accelerator Program kickoff next week.

ICBA: GSE disclosures key, but conservatorship must be addressed

Jan 4, 2022 | NewsWatch Today
ICBA said that while it supports robust financial disclosures for Fannie Mae and Freddie Mac, it is concerned that the government-sponsored enterprises seem to be in a perpetual conservatorship.

1071 comment letters due Thursday

Jan 4, 2022 | NewsWatch Today
Comments on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements are due this Thursday, Jan. 6.

CFPB updates HMDA, TILA asset thresholds

Jan 3, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau issued two annual threshold adjustment final rules under the Home Mortgage Disclosure Act and Truth in Lending Act, effective Jan. 1, 2022.