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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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ICBA-advocated ‘trigger leads’ bill introduced in House

The House version of bipartisan legislation designed to help protect the financial privacy of mortgage applicants was introduced Thursday.
February 09, 2024 | ICBA NewsWatch Today   Congressional Matters 

ICBA continues hearing push following latest credit union acquisition

ICBA continued its calls for Congress to investigate credit union acquisitions of tax-paying community banks following another new acquisition.
February 09, 2024 | ICBA NewsWatch Today   Credit Unions 

USDA projects ag income decline amid farm bill talks

The USDA is projecting further sharp declines in farm-sector income in 2024, which could have implications for ongoing farm bill negotiations.
February 09, 2024 | ICBA NewsWatch Today   Farm Bill 

Due today: Comment letters opposing corporate governance proposal

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.
February 09, 2024 | ICBA NewsWatch Today   FDIC 

Study: Credit card routing bill would harm small businesses

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.
February 08, 2024 | ICBA NewsWatch Today   Credit Cards 

Due tomorrow: Comment letters opposing corporate governance proposal

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.
February 08, 2024 | ICBA NewsWatch Today   FDIC 

ICBA to FTC: Exclude community banks from fee rulemaking

ICBA urged the Federal Trade Commission to explicitly exclude community banks from a proposed rule requiring commercial businesses to include all mandatory fees when advertising their prices.
February 08, 2024 | ICBA NewsWatch Today  

Treasury details crypto risks to terrorist, proliferation financing

New Treasury Department reports spotlight the role of digital assets in terrorism and proliferation financing.
February 08, 2024 | ICBA NewsWatch Today   Digital Assets 

ICBA urging letters on corporate governance proposal

ICBA is calling on community bankers to send letters to the FDIC opposing proposed guidelines to establish new corporate governance and risk management standards.
February 07, 2024 | ICBA NewsWatch Today   FDIC 

Credit union regulator: lack of third-party oversight ‘Achilles’ heel’

National Credit Union Administration Chairman Todd Harper said his agency’s lack of oversight of credit union service organizations is an Achilles’ heel for the credit union system.
February 07, 2024 | ICBA NewsWatch Today   Credit Unions 

As agencies launch reg review, ICBA urges meaningful results

With the federal banking agencies launching their latest regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, ICBA urged the agencies to advance more meaningful relief than they have enacted under previous reviews.
February 07, 2024 | ICBA NewsWatch Today  

Yellen calls for federal floor on stablecoin regulations

While federal agencies have some regulatory authority to oversee digital assets, Congress should develop a framework to close gaps in oversight, Treasury Secretary Janet Yellen told the House Financial Services Committee.
February 07, 2024 | ICBA NewsWatch Today   Digital Assets 

Lawmakers urge House hearing on Navy Federal lending practices

House Financial Services Ranking Member Maxine Waters (D-Calif.) and other Democratic committee members urged Chairman Patrick McHenry (R-N.C.) to hold a hearing on reports of discriminatory lending at Navy Federal Credit Union.
February 06, 2024 | ICBA NewsWatch Today   Credit Unions 

FinCEN renewing Currency Transaction Report control numbers

The Financial Crimes Enforcement Network published a 60-day notice to renew the Office of Management and Budget control numbers assigned to Currency Transaction Reports.
February 06, 2024 | ICBA NewsWatch Today   Compliance FinCEN 

ICBA, groups file lawsuit against CRA final rule

ICBA, the Independent Bankers Association of Texas, Texas Bankers Association, Amarillo Chamber of Commerce, American Bankers Association, U.S. Chamber of Commerce, and Longview Chamber of Commerce filed a lawsuit against the federal banking regulators for exceeding their statutory authority with their recent Community Reinvestment Act final rule.
February 06, 2024 | ICBA NewsWatch Today   Compliance CRA 

Grassroots campaigns pushing ILC, ‘trigger leads’ bills

ICBA continues calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage applicants.
February 06, 2024 | ICBA NewsWatch Today   Grassroots/Be Heard 

Tax Foundation calls for end of credit union tax exemption

The nonpartisan Tax Foundation released a new report calling on policymakers to wean credit unions off taxpayer subsidies.
February 05, 2024 | ICBA NewsWatch Today   Credit Unions 

ICBA continues grassroots on ILC, ‘trigger leads’ bills

ICBA is calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage applicants.
February 05, 2024 | ICBA NewsWatch Today   Grassroots/Be Heard 

FS-ISAC offers identity theft tips for commercial customers

The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary offers tips for educating commercial customers on identity theft.
February 05, 2024 | ICBA NewsWatch Today   Fraud 

Bowman: Regulators should focus more on third-party providers

Federal Reserve Governor Michelle Bowman said she is concerned that federal regulators respond to financial industry risks by focusing too much on regulated banks.
February 05, 2024 | ICBA NewsWatch Today  

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