ICBA Announces Cohort for Fifth ICBA ThinkTECH Accelerator

Apr 18, 2023 | Press Release
The Independent Community Bankers of America (ICBA) announced the selection of six companies for the fifth ICBA ThinkTECH Accelerator program, which kicks off April 24, 2023, in Atlanta.

ICBA to FDIC: Exempt community banks from special assessment

Apr 17, 2023 | NewsWatch Today
ICBA urged the FDIC to exempt community banks from any special assessment to recover Deposit Insurance Fund losses caused by the failures of Silicon Valley Bank and Signature Bank of New York.

CFPB revises average prime offer rate methodology

Apr 17, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau announced a revised version of its methodology for determining average prime offer rates.

ICBA strongly opposes opening 7(a) SBA program to fintechs

Apr 17, 2023 | NewsWatch Today
ICBA expressed strong opposition to a Small Business Administration final rule that undermines its 7(a) loan program.

Agencies issue updated HMDA guide

Apr 14, 2023 | NewsWatch Today
The Federal Financial Institutions Examination Council issued the 2023 edition of “A Guide to HMDA Reporting: Getting It Right!” for HMDA-related data collection and reporting.

ICBA Strongly Opposes SBA Rule Opening 7(a) Program to Unregulated Fintechs

Apr 14, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Small Business Administration final rule on its 7(a) program.

ICBA to FDIC: Exempt Community Banks from Special Assessment

Apr 13, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today called on the Federal Deposit Insurance Corporation to completely exempt community banks from any special assessment to recover Deposit Insurance Fund losses caused by the failures of Silicon Valley Bank and Signature Bank of New York.

ICBA releases 1071 rule summary ahead of briefing

Apr 13, 2023 | NewsWatch Today
ICBA published a summary of the Consumer Financial Protection Bureau’s recently released Section 1071 final rule ahead of tomorrow’s ICBA briefing on the rule.

FDIC signage and advertising requirements proposal

Apr 11, 2023 | NewsWatch Today
ICBA wrote in support of a new FDIC proposal to update signage requirements across all banking channels to clearly distinguish insured deposits from noninsured deposits and combat misleading statements to customers regarding the safety of their deposits.

ICBA urging grassroots outreach on farm bill principles

Apr 11, 2023 | NewsWatch Today
ICBA is calling on community bankers to urge their members of Congress to include six key principles in this year’s farm bill.

Latest ICBA podcast on winning the talent war

Apr 11, 2023 | NewsWatch Today
The latest episode of ICBA’s “Independent Banker” podcast focuses on thinking creatively about recruitment amid the Great Resignation.

CFPB reports on small entities’ calls to restrict impact of 1033 rule

Apr 10, 2023 | NewsWatch Today
The CFPB this week released its Small Business Regulatory Enforcement Fairness Act report on its pending rulemaking to establish standards for sharing consumer financial data, setting the stage for the bureau to issue a proposed rule.

ICBA Welcomes KlariVis as Newest Preferred Service Provider

Apr 10, 2023 | Press Release
ICBA announced today that KlariVis has been selected as the newest Preferred Service Provider. KlariVis, an ICBA ThinkTECH Accelerator program alumni, aggregates high-value, actionable bank data into intuitive, interactive dashboards for more informed decisioning.

FDIC reports effective consumer compliance

Apr 6, 2023 | NewsWatch Today
The FDIC conducted roughly 1,000 consumer compliance examinations last year and found supervised institutions demonstrated effective management of their consumer compliance responsibilities, the agency said.

CFPB launches 1071 technical support program

Apr 6, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau launched a technical support program to help financial institutions implement and comply with its newly released Section 1071 final rule.

Community Bank Month Highlights Benefits and Differentiators at Important Time

Apr 5, 2023 | Press Release
In recognition of Community Banking Month in April, the Independent Community Bankers of America (ICBA) and the nation’s community banks are reminding consumers of the benefits of banking locally with a community bank.

CFPB issues guidance on abusive conduct

Apr 4, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau issued a policy statement that explains the legal prohibition on abusive conduct in consumer financial markets and summarizes precedent.

ICBA Hires Sam Mayper as Vice President of Congressional Relations

Apr 3, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today announced the hire of Sam Mayper as vice president of congressional relations.

FinCEN reports on business email compromise in the real estate sector

Apr 3, 2023 | NewsWatch Today
The Financial Crimes Enforcement Network issued an analysis on patterns and trends identified in Bank Secrecy Act data relating to business email compromise in the real estate sector in 2020 and 2021.

Hsu says overdraft practices pose UDAP risks

Apr 3, 2023 | NewsWatch Today
Acting Comptroller of the Currency Michael Hsu said not all overdraft fees present equal compliance risks and spotlighted “authorize positive, settle negative” and re-presentment fees as particularly risky.