ICBA is calling on community bankers to contact their members of Congress after legislation to allow large merchants to expand the power of the federal government to intervene in the U.S. credit card market was reintroduced in the Senate.
The FDIC said it projects that the Deposit Insurance Fund reserve ratio remains on track to reach the statutory minimum of 1.35% ahead of the statutory deadline of Sept. 30, 2028.
The FDIC board of directors approved the rescission of the agency’s 2024 Statement of Policy on Bank Merger Transactions and the reinstatement of its statement of policy in effect prior to 2024.
ICBA thanks the more than 500 community bank advocates who visited congressional offices during last week’s ICBA Capital Summit to advocate for the industry’s top policy priorities.
The Consumer Financial Protection Bureau issued an interim final rule ending protections for mortgagors experiencing hardships due to the COVID-19 pandemic.
ICBA last week met with Treasury officials as the department works to transition from paper checks to electronic payments for all federal disbursements and receipts.
ICBA called on Senate Finance Committee leaders to include the Access to Credit for our Rural Economy Act (S. 838) in the tax portion of the Senate reconciliation bill.
ICBA PAC is hosting its 20th Annual Golf Classic on June 16 at the Minneapolis Golf Club in St. Louis Park, Minn. Lodging at the Minneapolis Marriott West is available June 15-17 and rooms must be reserved today.
The latest Independent Banker magazine explains how fraudsters try to capitalize on people’s vulnerability and generosity following a natural disaster.
New research from the University of Miami says legislation that would allow large merchants to route credit card transactions on the network that is least costly to them would have a disproportionate impact on small financial institutions.
