CISA, FBI issue advisory on MOVEit Transfer vulnerability

Jun 8, 2023 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency and FBI published a joint cybersecurity advisory with technical information on the CL0P ransomware gang, also known as TA505.

ICBA Strongly Opposes Anti-Consumer Credit Card Bill

Jun 7, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s introduction of legislation to impose routing restrictions on credit card transactions.

ICBA Statement on Interagency Guidance on Third-Party Risk Management

Jun 7, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Federal Reserve Governor Michelle Bowman’s statement regarding interagency third-party risk management guidance.

CFPB encourages collaboration to combat elder financial abuse

Jun 6, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau encouraged participation in Elder Fraud Prevention and Response Networks, which it has helped establish alongside state and local organizations.

ICBA continues 1071 grassroots campaign

Jun 5, 2023 | NewsWatch Today
ICBA continues calling on community bankers to urge their members of Congress to support a House resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 rule to establish data collection and reporting standards for small-business loan applicants.

House hearings this week on Treasury markets, U.S. dollar

Jun 5, 2023 | NewsWatch Today
Both chambers of Congress are in session this week. The House Financial Services Committee has two hearings scheduled.

House committee leaders issue discussion draft of crypto market structure bill

Jun 5, 2023 | NewsWatch Today
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) and House Agriculture Committee Chairman Glenn "GT" Thompson (R-Pa.) released a discussion draft of legislation to establish a statutory framework for digital asset regulation.

ICBA Independent Banker Recognizes Emerging Leaders in Annual 40 Under 40 List

Jun 2, 2023 | Press Release
Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), announced its fifth annual list of 40 Under 40: Emerging Community Bank Leaders.

ICBA Announces Staff Additions to Government Relations Team

Jun 2, 2023
The Independent Community Bankers of America (ICBA) today announced two additions to its government relations team with the hire of Lance Noggle as senior vice president operations, senior regulatory counsel and Scott Anchin as vice president, senior operational risk and payments policy.

Regulators propose standards for automated valuation models

Jun 2, 2023 | NewsWatch Today
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.

Regulators Offer Insights, Input and Guidance on the Growth of Community Bank Innovation at ICBA ThinkTECH’s Regulator Day

Jun 1, 2023 | Press Release
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 bank Q1 net income up 6.1% from a year ago

Jun 1, 2023 | NewsWatch Today
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.

Campaign on CFPB’s 1071 rule continues

Jun 1, 2023 | NewsWatch Today
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.

Compensation survey deadline extended

Jun 1, 2023 | NewsWatch Today
The deadline to participate in the 2023 Crowe Financial Institutions Compensation and Benefits Survey has been extended to June 15.

ICBA urges second framework on harmonizing ISO 20022 requirements

Jun 1, 2023 | NewsWatch Today
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.

TCM Bank Celebrates 25 Years of Service to Community Banks

May 30, 2023 | Press Release
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.

Past innovations offer insights on instant payments: blog

May 24, 2023 | NewsWatch Today
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.

Global securities watchdog proposes guidelines for crypto regulation

May 24, 2023 | NewsWatch Today
The International Organization of Securities Commissions published a consultation report with its proposed policy recommendations for regulating crypto markets as securities.

Compensation survey closes next week

May 24, 2023 | NewsWatch Today
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.

Gruenberg: Efforts to expand banking access making an impact

May 24, 2023 | NewsWatch Today
FDIC research suggests that efforts to connect unbanked consumers to the banking system are having an effect, FDIC Chairman Martin Gruenberg said.