Do you have the right card products to meet the pent-up card spend?

Jul 6, 2021 | Bancard Confidential
Strong consumer and business card programs are well positioned to meet bank, consumer, and business challenges fueled by excess deposits, changing payment channels, and post-COVID-19 pent-up demand.

Faster Payments – Meeting Market Demand

Jul 6, 2021 | Bancard Confidential | Payments Article
The year 2020 drove many community banks to experiment and embark on faster payments. Concerns of payment disruption combined with the pressure to remain competitive are driving community banks to include faster payments in their strategic plans for the near future.

Treasury again extends MDI, CDFI program

Jul 6, 2021 | NewsWatch Today
The Treasury Department will again extend the deadline to submit applications under its program to invest $9 billion in Minority Depository Institutions (MDIs) and Community Development Financial Institutions.

Credit union acquisition pressure grows

Jul 6, 2021 | NewsWatch Today
Congress is under increasing pressure to investigate credit union acquisitions of community banks, ICBA President and CEO Rebeca Romero Rainey wrote in a recent article on LinkedIn.

CFPB releases Spanish-language mortgage disclosures

Jul 6, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau released a Spanish-language translation of certain model clauses available for use in early-intervention written notices issued under its mortgage-servicing rules.

Nominations open for Best Community Banks to Work For awards

Jul 2, 2021 | NewsWatch Today
ICBA’s Independent Banker magazine opened nominations for its 2021 Best Community Banks to Work For awards.

Fed to launch CECL tool for community banks

Jul 2, 2021 | NewsWatch Today
The Federal Reserve said it will release a new tool this month to help community banks implement the Current Expected Credit Losses accounting standard.

FHFA issues fair lending policy statement

Jul 2, 2021 | NewsWatch Today
The Federal Housing Finance Agency issued a policy statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.

ICBA Supports Senate Bill Offering Tax Relief for Rural Lending

Jul 1, 2021 | Press Release
The Independent Community Bankers of America today expressed its strong support for the Senate introduction of the Enhancing Credit Opportunities in Rural America (ECORA) Act to support farmers, ranchers and rural homeowners.

IRS enables direct deposit updates for Child Tax Credit payments

Jul 1, 2021 | NewsWatch Today
The IRS upgraded an online tool to enable families to update their bank account information so they can receive their monthly Child Tax Credit payment.

Vanessa Hanson Joins ICBA Marketing and Communications Department as Director of Digital and Social Engagement

Jul 1, 2021 | Press Release
The Independent Community Bankers of America (ICBA), announced today the hire of Vanessa Hanson as director of digital and social engagement.

FinCEN issues AML/CFT priorities

Jul 1, 2021 | NewsWatch Today
The Financial Crimes Enforcement Network issued the first government-wide priorities for anti-money-laundering and counter-financing-terrorism policy.

CFPB reports on 2020 consumer reporting, servicing violations

Jun 30, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued a report highlighting legal violations identified by bureau examinations in 2020.

HUD proposes restoring ‘disparate impact’ rule

Jun 30, 2021 | NewsWatch Today
The Department of Housing and Urban Development recently proposed rescinding its 2020 rule interpreting the Fair Housing Act’s "disparate impact" standard and restoring its 2013 rule on discriminatory effects.

As Credit Union-Bank Acquisitions Accelerate, ICBA Urges Congressional Hearings

Jun 18, 2021 | Press Release
The Independent Community Bankers of America today reinforced its call for Congress to investigate tax-exempt credit unions acquiring taxpaying community banks following a resurgence in interstate acquisitions.

Blog: Faster payments have arrived — now what?

Jun 18, 2021 | NewsWatch Today
The pandemic has accelerated the implementation of instant payments and the need for community banks to have a strategy in place, according to the latest Main Street Matters post.

HMDA relief reflected in 2020 reporting data

Jun 18, 2021 | NewsWatch Today
The Federal Financial Institutions Examination Council released 2020 Home Mortgage Disclosure Act data showing the impact of regulatory relief on HMDA reporting.

Ransomware renewing agency crypto response: blog

Jun 18, 2021 | NewsWatch Today
Escalating attacks against critical infrastructure are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity, which has implications for community banks, ICBA’s Brian Laverdure writes in a new Main Street Matters post.

ICBA Services Network Announces New Community Banker Board Members

Jun 15, 2021 | Press Release
ICBA Services Network, the business services subsidiary of ICBA, today announced the appointments of several high-profile community banker board members.

ICBA Provides Tips for Preventing Elder Financial Abuse

Jun 15, 2021 | Press Release
June 15 is World Elder Abuse Awareness Day, and the Independent Community Bankers of America and its subsidiary, the Senior Housing Crime Prevention Foundation are providing tips for preventing the disturbing trend of elder financial abuse.