In recognition of Data Privacy Week, the Independent Community Bankers of America (ICBA) is reminding consumers of practical steps to help safeguard their sensitive data and protect against losses in the event of a data breach or compromise.
The Consumer Financial Protection Bureau was incorrect in determining that the Truth in Lending Act does not preempt a recently enacted New York State disclosure law, ICBA said in a new comment letter.
ICBA and other groups called on the Consumer Financial Protection Bureau to comply with the Small Business Regulatory Enforcement Fairness Act as it considers reducing or eliminating the safe harbor fee that credit card issuers may charge to avoid scrutiny of their fees as unreasonable.
Senate Banking Committee members Mark Warner (D-Va.) and Mike Crapo (R-Idaho) encouraged the Treasury Department to consider all comments responding to its proposal to revise Community Development Financial Institution certification application and reporting requirements.
Fannie Mae and Freddie Mac will reduce their upfront fee for commingled securities to 9.375 basis points after announcing a 50-point fee last year, the Federal Housing Finance Agency announced.
While federal regulators are working to finalize climate risk proposals that purportedly target the nation's largest financial institutions, the proposals would inevitably subject community banks to new and expensive regulatory burdens, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed.
The Consumer Financial Protection Bureau issued a circular affirming that companies offering “negative option” subscription services must comply with federal consumer financial protection law.
The Financial Crimes Enforcement Network today is set to issue a final rule to reflect annual inflation adjustments to its civil monetary penalties as mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990.
The Independent Community Bankers of America (ICBA) announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH innovation programming.
ICBA updated its “Advocacy in Action” government relations dashboard for the first quarter with the latest community banking advocacy successes and priorities.
ICBA’s complimentary "Tell Your Story" Marketing Communications Toolkit offers new and updated resources to help community banks plan for the year ahead.
The Financial Crimes Enforcement Network today is slated to request public comments on two notices related to beneficial ownership information reporting, with comments due by March 20.
The Financial Crimes Enforcement Network issued an alert to support financial institutions in detecting financial activity related to human smuggling along the southwest border of the United States.
The Independent Community Bankers of America (ICBA) today announced the hire of Chris Gully as assistant vice president of member relations. In this role he will work with ICBA’s member relationship officers to educate existing and prospective members about the benefits of ICBA and how the association helps community banks achieve their business goals and objectives.
ICBA and affiliated state community banking associations met this week with Treasury Department officials to discuss BSA/AML compliance, Corporate Transparency Act implementation, the impact of de-risking the financial system on financial inclusion, and other issues.
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced the panel’s subcommittees, chairs, and jurisdiction for the 118th Congress.
