Fed’s Bowman: Policymakers have key role in payments improvements

Feb 16, 2024 | NewsWatch Today
The pursuit of improvements in the payments system to expand access to the financial system must avoid the temptation to exclusively rely on new technology, Federal Reserve Governor Michelle Bowman said.

FDIC committee on misconduct encourages outreach

Feb 16, 2024 | NewsWatch Today
More than 350 people have contacted the law firm conducting an independent review of the FDIC’s workplace culture, according to the FDIC board’s special committee overseeing the review.

ICBA endorses bill to coordinate beneficial ownership rulemakings

Feb 15, 2024 | NewsWatch Today
ICBA called on Congress to advance legislation to coordinate and strengthen recent Financial Crimes Enforcement Network anti-money laundering rulemakings.

Barr: No signs of liquidity problems in banking system

Feb 15, 2024 | NewsWatch Today
A single bank missing its revenue expectations and increasing its provisioning does not change the fact that the overall banking system is strong, Federal Reserve Vice Chair for Supervision Michael Barr said.

Vilsack testifies as farm bill questions loom

Feb 15, 2024 | NewsWatch Today
Agriculture Secretary Tom Vilsack testified before the House Agriculture Committee as questions loom about the timing of a new farm bill.

ICBA PAC auction tickets available

Feb 15, 2024 | NewsWatch Today
Tickets are available for ICBA PAC’s 35th Annual Auction Fundraiser, which is scheduled for Saturday, March 16, during ICBA LIVE in Orlando.

ICBA Opens Center for Innovation in Atlanta

Feb 14, 2024 | Press Release
The Independent Community Bankers of America® (ICBA) today announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.

Durbin announces hearing on credit card routing bill

Feb 14, 2024 | NewsWatch Today
With Senate Judiciary Committee Chair Dick Durbin (D-Ill.) announcing a hearing on ICBA-opposed legislation to impose credit card routing restrictions, ICBA is calling on community bankers to urge their members of Congress to oppose the bill.

ICBA seeking referrals for seventh ThinkTECH Accelerator

Feb 14, 2024 | NewsWatch Today
ICBA is now accepting applications for its seventh ThinkTECH Accelerator program, which promotes growth-stage companies that serve or wish to serve community banks and their customers.

FinCEN proposes BSA standards for investment advisers

Feb 14, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network issued a proposed rule to add investment advisers to the list of businesses classified as “financial institutions” under the Bank Secrecy Act.

ICBA supports bill to coordinate FinCEN rulemakings

Feb 14, 2024 | NewsWatch Today
ICBA today is calling on Congress to advance legislation to coordinate and strengthen recent Financial Crimes Enforcement Network anti-money laundering rulemakings.

ICBA seeking referrals for seventh ThinkTECH Accelerator

Feb 13, 2024 | NewsWatch Today
ICBA is now accepting applications for its seventh ThinkTECH Accelerator program, which promotes growth-stage companies that serve or wish to serve community banks and their customers.

Op-ed: Credit union CRA exemption helped sink Navy Federal

Feb 13, 2024 | NewsWatch Today
Had Navy Federal Credit Union been subject to the Community Reinvestment Act, it might have avoided reputation disaster with reports of its discriminatory lending, according to a new op-ed.

Agency council issues exam principles on valuation discrimination

Feb 13, 2024 | NewsWatch Today
The Federal Financial Institutions Examination Council issued a statement of principles related to valuation discrimination and bias for member agencies to consider when examining financial institutions.

Fed’s Bowman urges fair rules for community banks

Feb 13, 2024 | NewsWatch Today
Fairness for community banks often appears to be a non-factor when considering which proposals make the regulatory agenda, Federal Reserve Governor Michelle Bowman said.

ICBA files protest of largest-ever credit union bank acquisition

Feb 12, 2024 | NewsWatch Today
ICBA filed a Community Reinvestment Act protest in the acquisition of First Financial Northwest Bank in Renton, Wash., by Global Credit Union of Anchorage, Alaska. If approved, it would be the largest credit union acquisition of a community bank.

ICBA, state groups to FDIC: Withdraw corporate governance proposal

Feb 12, 2024 | NewsWatch Today
ICBA and state community banking associations expressed strong opposition to the FDIC’s proposed corporate governance and risk management guidelines for covered institutions with $10 billion or more in assets.

ICBA, groups urge VA to streamline home loan program

Feb 12, 2024 | NewsWatch Today
ICBA and other groups called on the Department of Veterans Affairs to align the minimum property requirements under its Home Loan Guaranty Program with the standards established by Fannie Mae and Freddie Mac.

ICBA continues grassroots push on several bills

Feb 12, 2024 | NewsWatch Today
ICBA is calling on community bankers to use its Be Heard grassroots action center to urge Congress to support several pro-community bank bills.

Welcome Our Newest Field Rep, Ayana Bass-Myers

Feb 12, 2024 | News
Please join us in welcoming our newest field rep, Ayana Bass-Myers. Ayana will be serving Maryland, Delaware, Washington DC, Pennsylvania, Virginia, and West Virginia.