Federal regulators requested public comment on a proposed rule designed to implement quality control standards for automated valuation models, or AVMs, used by mortgage originators and secondary market issuers in valuing real estate collateral securing mortgage loans.
Recognizing the need to prioritize and foster ongoing engagement between regulators and the community banking technology community, the Independent Community Bankers of America (ICBA) today hosted its focused “Regulator Day.”
Community banks reported a 6.1% first-quarter increase in net income from a year ago and a 4.2% decline from the previous quarter, according to the FDIC’s latest Quarterly Banking Profile.
With the House still planning to take up a resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 data-collection rule, ICBA continues calling on community bankers to urge their members of Congress to support the measure.
ICBA called on a Bank for International Settlements panel to issue a second proposed framework on ISO 20022 harmonization requirements for enhancing cross-border payments.
ICBA Bancard®, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced that its credit card bank, TCM Bank, N.A., is celebrating its 25th anniversary this month.
A new blog post from ICBA Bancard President and CEO Tina Giorgio reviews the evolution of digital payments and lessons for the current conversation about instant payments.
The International Organization of Securities Commissions published a consultation report with its proposed policy recommendations for regulating crypto markets as securities.
Participating in the 2023 Crowe Financial Institutions Compensation and Benefits Survey is the first step to accessing bank compensation benchmarks and trends across 273 jobs.
Policymakers should ensure the response to recent bank failures does not undermine regulatory tailoring and risk-based supervision, Federal Reserve Governor Michelle Bowman said.
A wholesale central bank digital currency could enable faster, simultaneous, and safer cross-border payments, according to a new report from the Federal Reserve Bank of New York and the Monetary Authority of Singapore.
ICBA today told Congress that the Small Business Administration should pause new rules lifting the moratorium on the number of non-federally regulated institutions, including nonbank fintech companies, that can make loans under its 7(a) program.
The Consumer Financial Protection Bureau issued a small entity compliance guide on the bureau’s Section 1071 rule on small-business data collection and reporting.
ICBA today released its legislative and regulatory policy objectives for 2023 during the ICBA Capital Summit. Developed and approved by ICBA volunteer community bankers, these resolutions will guide ICBA advocacy in the coming year and reflect its unique mission of creating and promoting an environment where community banks flourish.
The Independent Community Bankers of America (ICBA) today is kicking off the 2023 ICBA Capital Summit in Washington with the release of new national and state-level polling data showing Americans in all 50 states have an increasingly favorable view of community banking.
ICBA expressed its strong support for the House introduction of legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.
