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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.

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IRS reporting plan would increase burdens: ICBA’s Merski

ICBA’s Paul Merski told Bloomberg that additional IRS reporting being floated this week by the Biden administration would increase compliance burdens for community banks.
April 30, 2021 | ICBA NewsWatch Today   Compliance 

CFPB reports on fair lending enforcement

The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.
April 29, 2021 | ICBA NewsWatch Today   Compliance 

CFPB: More complaints from minority counties

The Consumer Financial Protection Bureau released a county-by-county analysis of consumer complaints. The bureau said it received more complaints per capita from consumers living in predominantly minority counties in 2019 and 2020
April 29, 2021 | ICBA NewsWatch Today   Compliance 

FS-ISAC Coronavirus Update, April 28, 2021

After a worrisome uptick in Covid-19 cases in the US in recent weeks, there are encouraging signs that the situation is beginning to stabilize, according to the Centers for Disease Control and Prevention.
April 28, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

Credit union groups mixed on CRA-lite

Recently reintroduced Senate legislation to codify community outreach policies for community credit unions is getting a mixed reception from credit union industry groups.
April 28, 2021 | ICBA NewsWatch Today   Credit Unions 

CFPB delays new QM rule

The Consumer Financial Protection Bureau issued a final rule formally delaying the mandatory compliance date of its recently modified general Qualified Mortgage final rule from July 1, 2021, to Oct. 1, 2022.
April 28, 2021 | ICBA NewsWatch Today   Compliance Compliance 

Community Bankers Advocate for Main Street in Meetings with Washington Policymakers This Week

Community bankers meet with key policymakers this week as part of the ICBA 2021 Capital Summit to advocate common-sense reforms that promote stronger economic growth, jobs and prosperity in communities nationwide.
April 27, 2021 | Press Release   Advocacy 

ICBA urging messages to Congress today

With hundreds of community bankers meeting virtually with congressional offices this week, ICBA today is urging community bankers nationwide to send grassroots messages to their members of Congress.
April 26, 2021 | ICBA NewsWatch Today  

ICBA launches crypto webinar series

With 80 percent of bitcoin holders saying they would store it with their bank if offered, ICBA ThinkTECH’s new Cryptocurrency Demystified webinar series will help community bankers address the rising demand of digital currency.
April 26, 2021 | ICBA NewsWatch Today   Digital Assets 

SBA reopens shuttered venue grant program

The SBA reopened the Shuttered Venue Operators Grant application portal after technology issues scuttled its April 8 launch.
April 26, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

OCC conditionally approves Paxos bank charter

The OCC conditionally approved the ICBA-opposed trust bank charter application from Paxos, a cryptocurrency platform.
April 26, 2021 | ICBA NewsWatch Today   Digital Assets 

Three days of grassroots at next week’s Capital Summit

Community bankers who can’t participate in next week’s virtual ICBA Capital Summit will still be able to join in the grassroots outreach.
April 22, 2021 | ICBA NewsWatch Today  

VPN compromise illustrates growing malware trend

Cybersecurity firm FireEye said it is tracking 12 malware families associated with the exploitation of Pulse Secure VPN devices.
April 22, 2021 | ICBA NewsWatch Today   Cybersecurity 

Taxpayer group urges credit union reforms

Congress should examine how the tax code is contributing to acquisitions of taxpaying community banks by tax-exempt credit unions, the National Taxpayers Union wrote in a new op-ed.
April 22, 2021 | ICBA NewsWatch Today   Credit Unions 

ICBA opposes Calif. public banking bill

ICBA and other groups expressed opposition to a bill in the California legislature that would establish a government banking system in the state.
April 22, 2021 | ICBA NewsWatch Today   State-Owned/Public Banks 

Nation’s Community Bankers Convene for ICBA Capital Summit

ICBA will host hundreds of meetings with community bank leaders and key policymakers during ICBA Capital Summit to advance pro-community bank policies for the benefit of consumers and local communities nationwide.
April 22, 2021 | Press Release  

FS-ISAC Coronavirus Update, April 20, 2021

Nearly 212 million doses of vaccine have been administered in the US for an average of 3 million shots a day, despite a pause in delivering Johnson & Johnson’s Janssen vaccine, according to data published Monday by the US Centers for Disease Control and Prevention.
April 20, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

House passes cannabis banking safe harbor

The House voted 321-101 to pass ICBA-advocated legislation to establish a safe harbor for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
April 20, 2021 | ICBA NewsWatch Today   Cannabis banking 

Lawmakers seek SBA feedback on PPP backlog

A group of House Republicans asked the SBA for information on its backlog of Paycheck Protection Program loan-forgiveness applications.
April 20, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

ICBA: Climate risk study should preserve housing stability

Fannie Mae, Freddie Mac, and the Federal Home Loan Banks should take steps to better understand and mitigate climate-related risks in their portfolios without disrupting the housing finance system, ICBA told the Federal Housing Finance Agency.
April 20, 2021 | ICBA NewsWatch Today   Advocacy Risk 

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