NewsWatch Today

The Federal Financial Institutions Examination Council issued a statement of principles related to valuation discrimination and bias for member agencies to consider when examining financial institutions.

Fairness for community banks often appears to be a non-factor when considering which proposals make the regulatory agenda, Federal Reserve Governor Michelle Bowman said.

ICBA filed a Community Reinvestment Act protest in the acquisition of First Financial Northwest Bank in Renton, Wash., by Global Credit Union of Anchorage, Alaska. If approved, it would be the largest credit union acquisition of a community bank.

ICBA and state community banking associations expressed strong opposition to the FDIC’s proposed corporate governance and risk management guidelines for covered institutions with $10 billion or more in assets.

ICBA and other groups called on the Department of Veterans Affairs to align the minimum property requirements under its Home Loan Guaranty Program with the standards established by Fannie Mae and Freddie Mac.

ICBA is calling on community bankers to use its Be Heard grassroots action center to urge Congress to support several pro-community bank bills.

ICBA is urging community bankers to send letters to the FDIC by today’s deadline opposing proposed guidelines to establish new corporate governance and risk management standards.

The House version of bipartisan legislation designed to help protect the financial privacy of mortgage applicants was introduced Thursday.

ICBA continued its calls for Congress to investigate credit union acquisitions of tax-paying community banks following another new acquisition.

The USDA is projecting further sharp declines in farm-sector income in 2024, which could have implications for ongoing farm bill negotiations.

ICBA-opposed legislation to impose credit card routing restrictions would disproportionately benefit the nation’s top five businesses and put small retailers at a further competitive disadvantage, according to a new study.

ICBA is urging community bankers to send letters to the FDIC by tomorrow’s deadline opposing proposed guidelines to establish new corporate governance and risk management standards.