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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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FinCEN proposes extending deadline for filing beneficial owner info

The Financial Crimes Enforcement Network issued a proposal to extend the deadline for certain reporting companies to file their initial beneficial ownership information reports.
September 28, 2023 | ICBA NewsWatch Today   Compliance 

CISA launches cybersecurity public awareness campaign

The Cybersecurity and Infrastructure Security Agency announced the launch of a nationwide cybersecurity public awareness campaign to educate Americans on how to stay safe online.
September 27, 2023 | ICBA NewsWatch Today   Cybersecurity Technology 

ICBA opposing congressional efforts to advance rate caps

ICBA and other groups expressed united opposition to a legislative proposal to impose a national cap on the fees and interest charged on consumer loans.
September 27, 2023 | ICBA NewsWatch Today   Lending 

Senate preps for vote on resolution to reverse 1071 rule

With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to support the measure.
September 27, 2023 | ICBA NewsWatch Today   Compliance Payments 

ICBA requests comment extension on overtime proposal

ICBA and other groups asked the Labor Department to extend by 60 days the comment period on its proposal to increase the number of employees who are entitled to overtime compensation.
September 27, 2023 | ICBA NewsWatch Today   Small Business Administration 

Fed joins crackdown on re-presented transactions

The Federal Reserve has joined the FDIC and OCC in targeting how banks treat single items that are repeatedly rejected for insufficient funds.
September 26, 2023 | ICBA NewsWatch Today   Compliance FDIC 

Key stakeholders join opposition to credit card routing bill

A key member of the House along with major airlines and transportation unions last week announced their opposition to legislation that would impose credit card routing restrictions, which ICBA continues urging community bankers to speak out against.
September 25, 2023 | ICBA NewsWatch Today   Credit Cards Payments 

Fed’s Bowman urges community banks to weigh in on agency rulemakings

Federal Reserve Governor Michelle Bowman encouraged community bankers to provide feedback on agency rulemakings.
September 25, 2023 | ICBA NewsWatch Today   Climate CRA Risk 

Grassroots urgent as Senate prepares to act on 1071 reversal

With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to support the measure.
September 25, 2023 | ICBA NewsWatch Today   Compliance 

SBA Advocacy roundtables on new overtime proposal

The Small Business Administration’s Office of Advocacy this week is hosting roundtable discussions on the Labor Department’s proposal to increase the number of employees who are entitled to overtime compensation. Banks with less than $850 million in assets—which are defined as small businesses by the SBA—are invited to join.
September 25, 2023 | ICBA NewsWatch Today   Small Business Administration 

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