ICBA-advocated legislation to curb the use of mortgage “trigger leads” last week passed the Senate by unanimous consent after the House Financial Services Committee advanced its version of the measure.
ICBA Payments announced the appointment of Troy Cullen as executive vice president and chief revenue officer for the organization and its agent bank, TCM Bank N.A.
ICBA CRA Solutions marked World Elder Abuse Awareness Day by equipping community bankers with tools such as a customizable news release on ICBA’s Media Resource Center.
ICBA continues calling on community bankers to use its Be Heard Grassroots Action Center to ask senators to co-sponsor the Access to Credit for our Rural Economy (ACRE) Act (S. 838) and preserve and expand ACRE in the Senate’s reconciliation tax bill.
The House Financial Services Committee voted to advance ICBA-advocated bills to ban trigger leads, change threshold requirements for small bank holding companies, and support small financial institutions.
The Federal Reserve reminded banks it will adopt the ISO 20022 message format for the Fedwire Funds Service on Monday, July 14. The existing proprietary Fedwire Application Interface Manual format will sunset on Friday, July 11.
Ahead of a House Financial Services Committee markup scheduled for today, ICBA urged committee members to vote to advance bills to ban trigger leads, change threshold requirements for small bank holding companies, and support small financial institutions.
Acting Comptroller of the Currency Rodney Hood reaffirmed the OCC’s support of preemption as a cornerstone of the dual banking system and fundamental to the operation of the federal banking system.
