NewsWatch Today

The National Credit Union Administration reportedly confirmed that Rakuten Inc. has applied for a federal credit union charter after ICBA asked the agency for confirmation.

The Federal Reserve’s new program to supervise novel, technology-driven activities in the banks it oversees will continue to grow as new technologies emerge, Fed Vice Chair for Supervision Michael Barr said.

ICBA leadership community bankers discussed the vital role of community banks in a video discussion with the Travillian executive search and talent advisory firm.

ICBA and other groups urged the House Small Business Committee to work toward a bipartisan response to recent Small Business Administration changes to its 7(a) loan program.

ICBA President and CEO Rebeca Romero Rainey pushed back against erroneous claims from television personality Kevin O'Leary that banks are not lending to small businesses in the current economic environment.

The Consumer Financial Protection Bureau next month will propose standards for sharing consumer financial data, CFPB Director Rohit Chopra said.

Community banks reported a 3.4% second-quarter increase in net income from the previous quarter and a 0.7% increase from the same period a year ago, according to the FDIC’s latest Quarterly Banking Profile.

The FDIC said it will launch a new Banker Engagement Site through FDICconnect this month for examination-related activities.

The Check Your Ad Program, a new tool from Community Banker University, takes the guesswork out of advertising regulatory compliance.

ICBA is conducting a survey to learn how member community bankers use its "Tell Your Story" Marketing and Communications Toolkit to help elevate and distinguish community banking in the hearts and minds of the public.

The latest FDIC Consumer News offers tips for spotting and preventing elder financial abuse. The publication encourages consumers to choose advisors carefully, be careful with powers of attorney, protect personal financial information, and more.

The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by a recent series of deadly wildfires on the Hawaiian island of Maui.