Ohio Community Banker to Chair ICBA Reinsurance Board of Directors

Jun 14, 2021 | Press Release
ICBA Reinsurance, the captive reinsurance company of the Independent Community Bankers of America, today announced the election of Jack Hartings, chairman of The Peoples Bank Co. in Coldwater, Ohio, as chairman of the ICBA Reinsurance board of directors.

Georgia Community Banker Named Chairman of ICBA Securities Board of Directors

Jun 11, 2021 | Press Release
ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America, today announced the election of Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., as chairman of the ICBA Securities board of directors.

Farm Credit System loan volume jumps 10%

Jun 11, 2021 | NewsWatch Today
The Farm Credit Administration released its quarterly report on the ag economy and the performance of the Farm Credit System, whose growth is largely generated by tax free ag real estate lending.

Basel regulators begin vetting crypto capital rules

Jun 11, 2021 | NewsWatch Today
The Basel Committee on Banking Supervision published a public consultation document with preliminary proposals for the prudential treatment of banks' cryptoasset exposures.

FS-ISAC Coronavirus Update, June 11, 2021

Jun 11, 2021 | Coronavirus Update
As the G7 summit kicks off, the US has pledged 500 million doses of vaccine to be given to lower-income countries to help combat the coronavirus pandemic.

ICBA to Congress: Postal banking not the answer

Jun 10, 2021 | NewsWatch Today
ICBA told Congress that postal banking is not the solution to reaching more unbanked Americans and lawmakers should reject such proposals.

Fed outlines instant payments fraud considerations

Jun 10, 2021 | NewsWatch Today
The Federal Reserve released an article on fraud management considerations to evaluate when preparing for instant payments

IRS issues another 2.3M EIPs

Jun 10, 2021 | NewsWatch Today
The IRS said it disbursed more than 2.3 million additional Economic Impact Payments over the past two weeks. The latest batch includes those with official payment dates through June 9.

FS-ISAC Coronavirus Update, June 10, 2021

Jun 10, 2021 | Coronavirus Update
The seven-day average of daily US infections held below 15,000 as of Tuesday, according to data compiled by Johns Hopkins University, down 17% from a week ago and a level not seen since the early days of the pandemic.

FS-ISAC Coronavirus Update, June 9, 2021

Jun 9, 2021 | Coronavirus Update
Declines in US Covid-19 cases, emergency department visits, hospital admissions and deaths were largest in age groups that were most vaccinated. according to a new CDC-published study.

Crapo challenges new bank IRS reporting proposal

Jun 9, 2021 | NewsWatch Today
Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) pushed back against a Biden administration proposal that would require financial institutions to report information on account flows to the IRS.

ICBA continues push against House ‘true lender’ repeal

Jun 9, 2021 | NewsWatch Today
ICBA and other groups again urged in a joint letter to House members their opposition to a Senate-passed resolution to repeal the OCC’s “true lender” rule.

Swap guidance continues LIBOR transition

Jun 9, 2021 | NewsWatch Today
A Commodity Futures Trading Commission panel recommended best practices for switching interdealer trading conventions from LIBOR to the Secured Overnight Financing Rate in U.S. dollar interest rate swaps.

CFPB issues FAQ on EFT and Reg E

Jun 8, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued frequently asked questions on unauthorized transfer and error resolution provisions under the Electronic Fund Transfer Act and Regulation E.

IRS begins contacting families on Child Tax Credit

Jun 8, 2021 | NewsWatch Today
The IRS said it started sending letters to more than 36 million American families who may be eligible to receive monthly Child Tax Credit payments starting in July.

ICBA releases new elder abuse awareness resources

Jun 8, 2021 | NewsWatch Today
ICBA released customizable resources to help community banks recognize World Elder Abuse Awareness Day next week.

FS-ISAC Coronavirus Update, June 8, 2021

Jun 8, 2021 | Coronavirus Update
People who have been vaccinated against coronavirus are more than 90% protected against infection and, if they do become infected, they have milder disease than unvaccinated people, a new CDC study shows.

ICBA requests more time for interchange feedback

Jun 3, 2021 | NewsWatch Today
ICBA and other groups called on the Federal Reserve Board of Governors to grant a 30-day extension for its Notice of Proposed Rule Making on Debit Card Interchange Fees and Routing.

ICBA updates data privacy guide

Jun 3, 2021 | NewsWatch Today
ICBA recently released an updated guide for community banks on data privacy laws and regulations. The guide walks community bankers through some of the more prominent state, federal, and international data privacy laws.

Nick Denning Joins ICBA Bancard as Senior Vice President, Payments Industry Relations

Jun 2, 2021 | Press Release
ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America, announced the hire of Nick Denning as senior vice president of payments industry relations.