The Financial Accounting Standards Board this week agreed to add a project to its technical agenda to investigate the suspension of troubled debt restructuring accounting for entities that have adopted the Current Expected Credit Losses accounting standard.
This month’s issue of Independent Banker, the award-winning magazine of the Independent Community Bankers of America (ICBA) and the number-one source for community banking news, spotlights Main Street’s top-producing lenders.
The Independent Community Bankers of America’s (ICBA) Minority Bank Advisory Council today expressed strong opposition to the Biden administration’s proposal that would require banks to report customer account information to the IRS.
TCM Bank, N.A., the credit card bank of ICBA Bancard®, which is the payments services subsidiary of the Independent Community Bankers of America, announced the hire of Terri Howard as senior vice president of people and culture.
ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), today announced a new partnership with Finzly to facilitate instant payments via Finzly’s Payment Galaxy.
The pandemic has certainly played a role in escalating fraud on a global scale and throughout many payment pathways. The sudden cross-sectioning of these payment and transaction vectors has created increases in traditional fraud schemes.
This past year has been an intensely trying time, but if we look beyond the COVID-19 storm, we come face to face with a silver lining of opportunity. Community banks have been able to thrive during the pandemic because of who we are.