One week left for FDIC climate comment letters

May 27, 2022 | NewsWatch Today
Community bankers have one week left to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

ICBA requests records on CFPB’s 1071 rulemaking

May 27, 2022 | NewsWatch Today
ICBA and other groups filed a Freedom of Information Act request seeking Consumer Financial Protection Bureau records on its implementation of Section 1071 of the Dodd-Frank Act.

Statement on Confirmation of Sandra Thompson for FHFA Director

May 25, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on the Senate confirmation of Sandra Thompson for Federal Housing Finance Agency director.

Joey Arnone Named ICBA Director of Product Strategy

May 24, 2022 | Press Release
ICBA today announced the hire of Joey Arnone as director of product strategy for vendor relations. In this new role he will analyze key bank performance indicators to identify relevant products and services that address the evolving financial services needs of community bank customers.

FDIC climate comment letters due next week

May 24, 2022 | NewsWatch Today
Next week is the deadline for community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

House hearing this week on central bank digital currency

May 24, 2022 | NewsWatch Today
After ICBA last week expressed opposition to the establishment of a U.S. central bank digital currency, a House hearing this week will focus on CBDC benefits and risks.

ICBA urges agency consistency, innovation to promote banking access

May 24, 2022 | NewsWatch Today
ICBA encouraged federal banking regulators to take several steps to increase services to unbanked and underbanked households.

ICBA opposes U.S. central bank digital currency

May 23, 2022 | NewsWatch Today
ICBA expressed opposition to the establishment of a U.S. central bank digital currency. In a comment letter to the Federal Reserve, ICBA said a U.S. CBDC would introduce significant privacy and cybersecurity risks into the nation’s monetary system and disrupt U.S. banking stability.

ICBA’s FDIC climate principles comment campaign continues

May 23, 2022 | NewsWatch Today
ICBA continues calling on community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

Former NCUA official continues targeting credit union acquisitions

May 23, 2022 | NewsWatch Today
A former National Credit Union Administration official continued an ongoing series of blog posts raising concerns over credit union acquisitions.

ICBA Opposes U.S. Central Bank Digital Currency

May 20, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today expressed its opposition to the establishment of a U.S. central bank digital currency.

Strong favorability fuels successful Capital Summit: blog

May 20, 2022 | NewsWatch Today
New polling conducted by Morning Consult supported community banker meetings with policymakers at the recent 2022 ICBA Capital Summit, according to ICBA’s latest blog post.

ICBA pressing comment letters on FDIC climate principles

May 20, 2022 | NewsWatch Today
ICBA continues calling on community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

ICBA speaks out against FDIC supervisory appeals reversal

May 20, 2022 | NewsWatch Today
ICBA expressed disappointment that the FDIC eliminated the independent Office of Supervisory Appeals and restored the Supervision Appeals Review Committee as the final level of review in the agency’s supervisory appeals process.

Agencies confirm updated flood insurance Q&As are guidance

May 19, 2022 | NewsWatch Today
Federal regulators issued revised questions and answers regarding federal flood insurance law and the agencies’ implementing regulations.

ICBA Statement on FDIC Restoration of Supervision Appeals Review Committee

May 19, 2022 | Press Release
ICBA President and CEO Rebeca Romero Rainey issued the following statement after the FDIC board of directors voted to restore the agency’s Supervision Appeals Review Committee and amend the January 2021 Guidelines for Appeals of Material Supervisory Determinations, which had created an independent Office of Supervisory Appeals.

Financial Trades Support Modified SEC Cyber Incident Disclosure Proposal to Aid Law Enforcement and Support Remediation Efforts

May 10, 2022 | Press Release
ICBA, American Bankers Association, Bank Policy Institute, and Mid-Size Bank Coalition of America commented late yesterday on a SEC proposal that would implement new requirements for financial institutions to disclose material cyber incidents, as well as cybersecurity risk management, strategy and governance.

CFPB: Equal Credit Opportunity Act protects borrowers after loan

May 10, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau published an advisory opinion affirming that the Equal Credit Opportunity Act bars lenders from discriminating against customers after they have received a loan, not just during the application process.

ICBA offers custom marketing-comms resources for May

May 10, 2022 | NewsWatch Today
ICBA’s Tell Your Story marketing and communications toolkit offers new and updated resources to engage consumers in May.

OCC’s Hsu: Regulators should change approach to mergers

May 10, 2022 | NewsWatch Today
Acting Comptroller of the Currency Michael Hsu said he has directed senior OCC staff to work with the Justice Department and other agencies to review federal frameworks for bank mergers.