ICBA is encouraging community bankers to call on the Consumer Financial Protection Bureau to adopt an ICBA proposal to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure rules.
A Treasury-led interagency working group charged with advancing work on a possible U.S. central bank digital currency has narrowed its objectives into three key policy areas, Treasury's Nellie Liang said.
During America Saves Week, the Independent Community Bankers of America (ICBA) and the nation’s community banks are reminding consumers of simple steps to help create a nest egg as they work towards building a secure financial future.
ICBA called on the FDIC to deny pending deposit insurance applications from industrial loan companies, citing the outsized risks ILCs pose to the Deposit Insurance Fund, financial stability, and consumers.
Federal Reserve Governor Christopher Waller said banks engaging with crypto customers should be “very clear” about the customers’ business models, risk-management systems, and corporate governance structures to ensure the bank is not left “holding the bag if there is a crypto meltdown.”
The Independent Community Bankers of America (ICBA) today called on the Federal Deposit Insurance Corp. to deny pending deposit insurance applications from industrial loan companies, or ILCs, which present outsized risks to the Deposit Insurance Fund, financial stability, consumers, and taxpayers.
ICBA Chairman Brad Bolton wrote in a new op-ed that the nation’s chief credit union regulator recently hinted at one of the problems with the growth of credit union acquisitions of community banks: the threat to U.S. cybersecurity.