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Credit unions report Q3 growth

Dec 7, 2021 | NewsWatch Today
Shares and deposits at federally insured credit unions increased 14.4% in the third quarter from the previous year, the National Credit Union Administration reported.

ICBA advocacy briefing this week on 1071 push

Dec 6, 2021 | NewsWatch Today
ICBA this week is hosting a complimentary briefing on its campaign targeting the Consumer Financial Protection Bureau’s Section 1071 proposal.

Boozman op-ed targets postal banking pilot

Dec 6, 2021 | NewsWatch Today
A U.S. Postal Service pilot program to test postal banking will further complicate already-strained mail delivery, Sen. John Boozman (Ark.) wrote in a new op-ed.

New ICBA video: Call for credit union hearings

Dec 3, 2021 | NewsWatch Today
ICBA released a new video distinguishing taxpaying community banks from tax-exempt credit unions.

ICBA 1071 campaign continues

Dec 3, 2021 | NewsWatch Today
ICBA this week began calling on community bankers to submit personalized comments on the Consumer Financial Protection Bureau’s proposal to implement Dodd-Frank Section 1071 collection and reporting requirements.

ICBA urges cannabis banking safe harbor in Senate defense bill

Dec 3, 2021 | NewsWatch Today
ICBA called on senators to support the inclusion of an ICBA-advocated cannabis banking safe harbor as an amendment to a pending defense authorization bill.

Regulators update BSA/AML exam manual

Dec 2, 2021 | NewsWatch Today
The Federal Financial Institutions Examination Council updated its BSA/AML Examination Manual, which instructs examiners on assessing BSA/AML compliance.

Agencies adjust regulatory thresholds

Dec 2, 2021 | NewsWatch Today
Federal regulators announced 2022 updates to key regulatory thresholds.

Romero Rainey: Act now on 1071 proposal

Dec 2, 2021 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey called on community bankers to join the grassroots push on the Consumer Financial Protection Bureau’s 1071 proposal.

CFPB: Community banks charge lower overdraft fees

Dec 2, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau said community banks charge lower overdraft fees than larger institutions.

ICBA launches comment letter campaign on 1071 proposal

Nov 30, 2021 | NewsWatch Today
ICBA is calling on community bankers to submit personalized comments on the Consumer Financial Protection Bureau’s proposal to implement Dodd-Frank Section 1071 collection and reporting requirements.

ICBA endorses HR. 6037, pushes back against SBA direct lending plan

Nov 30, 2021 | NewsWatch Today
ICBA continued its grassroots efforts against a provision under consideration in the Build Back Better reconciliation bill that would authorize the Small Business Administration from making direct loans under the 7(a) program.