CFPB revises Reg Z dollar amounts

Oct 27, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued a final rule amending the official interpretations for Regulation Z, which implements the Truth in Lending Act.

OCC issues FAQs on rescinding CRA rule

Oct 27, 2021 | NewsWatch Today
The OCC issued responses to frequently asked questions on its proposal to rescind its June 2020 Community Reinvestment Act rule and replace it with interagency rules adopted in 1995.

ICBA to Congress: Reject IRS Reporting Plan Outright

Oct 26, 2021 | Press Release
The Independent Community Bankers of America today told Congress that proposed tweaks to Washington’s widely opposed IRS reporting proposal are unworkable and cannot salvage the misguided plan.

Senate bill would bar IRS reporting proposal

Oct 26, 2021 | NewsWatch Today
ICBA expressed support for a Senate companion bill to block the widely opposed IRS reporting proposal.

ICBA testifying amid renewed IRS reporting push

Oct 26, 2021 | NewsWatch Today
While ICBA urges community bankers to renew their opposition to Washington’s IRS reporting proposal by calling lawmakers and urging consumer outreach, ICBA Chairman Robert Fisher is set to testify today on why tweaks to the plan won’t quell the opposition

Complimentary central bank digital currency webinar tomorrow

Oct 25, 2021 | NewsWatch Today
ICBA is hosting a complimentary one-hour webinar at 11 a.m. (Eastern time) tomorrow, Oct. 26, to provide ICBA members with foundational knowledge of central bank digital currencies.

Bowman: Regulation shouldn’t inhibit de novo formation

Oct 25, 2021 | NewsWatch Today
With the banking system experiencing a lack of de novo formation in the past decade, policymakers must avoid adding regulatory burdens on community banks, Federal Reserve Governor Michelle Bowman said.

FDIC adopts rule amending regulatory capital standards

Oct 25, 2021 | NewsWatch Today
The FDIC adopted an ICBA-supported final rule amending real estate lending standards for supervisory loan-to-value limits to incorporate the Community Bank Leverage Ratio rule.

IRS grassroots evolves with congressional debate: blog

Oct 25, 2021 | NewsWatch Today
ICBA’s campaign against Washington’s IRS reporting proposal demands that community bankers increase their grassroots outreach through calls and messages to Capitol Hill, ICBA’s Jack Coleman writes in a new blog post.

House Democrat expresses IRS reporting concerns

Oct 22, 2021 | NewsWatch Today
Rep. Charlie Crist (D-Fla.) became the first Democratic member of Congress to publicly express concerns with the ICBA-opposed IRS reporting proposal.

NCUA approves expanded powers for CUSOs

Oct 22, 2021 | NewsWatch Today
The National Credit Union Administration approved an ICBA-opposed rule expanding credit union service organizations' permissible services and activities to include anything federal credit unions can currently do.

CFPB launches inquiry into Big Tech payments platforms

Oct 22, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued a series of orders to collect information on the business practices of large U.S. tech companies that operate payments systems.

ICBA LIVE 2022 set for San Antonio

Oct 20, 2021 | NewsWatch Today
ICBA announced its ICBA LIVE 2022 national convention is scheduled for Feb. 27-March 3 in San Antonio.

ICBA seeks updates to cyber reporting bill

Oct 20, 2021 | NewsWatch Today
ICBA advocated updates to bipartisan legislation that would create a cyber incident reporting regime to avoid excessive burdens on community banks.

ICBA: Washington Cannot Salvage Widely Opposed IRS Reporting Plan

Oct 19, 2021 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey today issued a statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.

Senators debating IRS reporting plan today

Oct 19, 2021 | NewsWatch Today
Senators are set to host dueling press conferences today on the Biden administration’s ICBA-opposed plan to require banks to report customer information to the IRS.

Farm Credit posts regulatory plan

Oct 19, 2021 | NewsWatch Today
The Farm Credit Administration posted its latest regulatory projects plan. The plan cites pending regulations on a Farm Credit System bridge bank; an annual strategic plan on young, beginning, and small farmers; collateral evaluation regulations; and more.

ICBA: Guidance on third parties a key step

Oct 19, 2021 | NewsWatch Today
ICBA told regulators it supports their efforts to consolidate guidance on third-party risk management while providing recommendations on the proposed interagency guidance.

ICBA Renews its Preferred Service Provider Relationship with OnBoard

Oct 18, 2021 | Press Release
The Independent Community Bankers of America today announced it has extended its relationship with Preferred Service Provider OnBoard and its digital board management solution. OnBoard has been an ICBA Preferred Service Provider since 2015.

State AGs join opposition to IRS reporting plan

Oct 18, 2021 | NewsWatch Today
Attorneys general from 20 states expressed opposition to the Biden administration’s proposal to require banks to report customer information to the IRS.