ICBA, groups push for NCUA oversight hearing

Nov 18, 2021 | NewsWatch Today
ICBA and other groups called on Congress to hold an oversight hearing on troubling National Credit Union Administration rulemaking activity.

ICBA urging grassroots pushback against SBA direct lending plan

Nov 17, 2021 | NewsWatch Today
ICBA is calling on community bankers to continue the campaign opposing proposed changes to the SBA 7(a) loan program contained in the House budget-reconciliation bill.

Hsu: Agencies planning additional clarity on crypto activities

Nov 17, 2021 | NewsWatch Today
Federal banking regulators will soon issue a short statement that describes the recently concluded interagency “crypto sprint,” Acting Comptroller of the Currency Michael Hsu said.

Credit union satisfaction lags banks again: index

Nov 17, 2021 | NewsWatch Today
Consumer satisfaction with credit unions lagged banks for the third year in a row, according to a national survey covered by CU Today.

ICBA urging grassroots pushback against SBA direct lending plan

Nov 16, 2021 | NewsWatch Today
ICBA is calling on community bankers to continue the campaign opposing proposed changes to the SBA 7(a) loan program contained in the House budget-reconciliation bill.

Republican senators denounce postal banking pilot

Nov 16, 2021 | NewsWatch Today
A group of 19 Senate Republicans led by Sen. John Boozman (Ark.) denounced an ICBA-opposed U.S. Postal Service pilot program to test postal banking.

IRS issues November Child Tax Credit payments

Nov 16, 2021 | NewsWatch Today
The Treasury Department said families with roughly 61 million eligible children received more than $15 billion in the fifth batch of Advance Child Tax Credit payments, most via direct deposit.

House committee Republicans issue CBDC principles

Nov 16, 2021 | NewsWatch Today
House Financial Services Committee Republicans released principles to guide Congress in evaluating potential proposals for a U.S. central bank digital currency.

IRS reporting press push continues

Nov 9, 2021 | NewsWatch Today
The community banking industry continued its media push against the IRS bank reporting proposal, which remains a threat even after it was recently left out of the framework guiding Democratic discussions.

Treasury targets ransomware operators

Nov 9, 2021 | NewsWatch Today
The Treasury Department announced a new round of coordinated actions as part of the federal government’s response to ransomware.

ICBA continues IRS push in congressional roundtable

Nov 8, 2021 | NewsWatch Today
ICBA continued pushing back against the IRS reporting proposal during testimony at a House Financial Services Committee Republican roundtable.

ICBA releases new innovation podcast

Nov 8, 2021 | NewsWatch Today
ICBA released the second podcast in its new Communities of Innovation series on community bank innovation stories and experiences.

ICBA-backed updates included in cyber reporting bill

Nov 8, 2021 | NewsWatch Today
Lawmakers reached an agreement on bipartisan cyber incident reporting legislation that includes ICBA-advocated updates to avoid excessive burdens on community banks.

CFPB targets faulty identity matching practices

Nov 5, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued an advisory opinion affirming that consumer reporting companies engaging in “shoddy name-matching procedures” are violating the law.

ICBA to Congress: Extend data security standards to nonbanks

Nov 4, 2021 | NewsWatch Today
ICBA called on Congress to extend Gramm-Leach-Bliley Act data security standards to retailers, technology companies, and other parties that process or store consumer financial data.

ICBA joining webinar on bank-like credit unions

Nov 4, 2021 | NewsWatch Today
ICBA Chairman Robert Fisher will participate in a National Taxpayers Union webinar scheduled for next week on the “rise of bank-like credit unions.”

Hsu: OCC has concluded fintech charter review

Nov 4, 2021 | NewsWatch Today
The OCC has concluded its review of bank charter applications and crypto-related interpretative letters and will be communicating its findings in the coming weeks, Acting Comptroller of the Currency Michael Hsu said.

ICBA to Congress: Extend Data Security Standards to Retailers, Tech Firms

Nov 3, 2021 | Press Release
ICBA today called on Congress to extend Gramm-Leach-Bliley Act data security standards to retailers, technology companies, and other parties that process or store consumer financial data.

ICBA testifying today on cyber, data security

Nov 3, 2021 | NewsWatch Today
ICBA is scheduled to testify at today’s House Financial Services Subcommittee on Consumer Protection and Financial Institutions hearing on cyber and data security.

Independent Banker focuses on faster payments

Nov 3, 2021 | NewsWatch Today
This month’s ICBA Independent Banker magazine focuses on the race for faster payments.