ICBA Newsroom
The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.
Lawmakers: CFPB’s medical debt proposal will make health care more expensive
Republican members of the House Financial Services Committee said the Consumer Financial Protection Bureau’s proposal to remove medical debt from credit reports will make health care more expensive for those who need it most.
August 16, 2024 |
ICBA NewsWatch Today
Consumer Financial Protection Bureau
FinCEN says it will only enforce willful beneficial ownership violations
Small-business owners doing their best to comply with beneficial ownership requirements should not lose sleep over the new reporting requirements, Financial Crimes Enforcement Network Deputy Director Jimmy Kirby said.
August 16, 2024 |
ICBA NewsWatch Today
Financial Crimes Enforcement Network
Fed: Instant payments require enhanced risk management
Banks moving to an instant payment environment need a strategy that considers fraud, liquidity, compliance, and third-party risks, according to a blog post from the Federal Reserve.
August 15, 2024 |
ICBA NewsWatch Today
Lawmakers call on Gruenberg to resign or testify
Republican members of the House Financial Services Committee called on FDIC Chairman Martin Gruenberg to appear before the committee next month if he has not stepped down before then.
August 15, 2024 |
ICBA NewsWatch Today
Credit unions use loopholes to undercut community banks: former exec
Credit unions use their tax-exempt status to weaken community banks and their capacity to meet the credit needs of local communities, according to a former credit union executive who now works for a community bank.
August 15, 2024 |
ICBA NewsWatch Today
Credit Unions
Independent Banker offers ideas to budget strategically
The 2025 budgeting season will be difficult because of the current interest rate environment, according to a new Independent Banker article, but there are opportunities for community banks to budget strategically.
August 14, 2024 |
ICBA NewsWatch Today
CFPB: federal rules apply to contract-for-deed arrangements
The Consumer Financial Protection Bureau issued an advisory opinion and research report on contracts for deed, a form of home seller financing.
August 14, 2024 |
ICBA NewsWatch Today
Consumer Financial Protection Bureau Compliance
FDIC issues notice on asset manager exemption notice
The FDIC issued a Financial Institution Letter on an amended Labor Department rule governing how qualified professional asset managers handle exemption requests under the Prohibited Transaction Class Exemption rule.
August 14, 2024 |
ICBA NewsWatch Today
ICBA: Removing medical debt information from credit reporting won’t work
ICBA told the Consumer Financial Protection Bureau that its proposed rule to remove medical debt information from credit reporting will lead to inaccurate reports and hinder community banks’ ability to comply with other regulations.
August 13, 2024 |
ICBA NewsWatch Today
Consumer Financial Protection Bureau
ICBA: Agencies don’t need specific regulations on AI
ICBA said the Treasury Department and federal banking agencies do not need to issue specific regulations to govern artificial intelligence usage because overly prescriptive regulations may stifle the use of AI in the banking sector.
August 13, 2024 |
ICBA NewsWatch Today
Artificial Intellegence Department of Treasury
Fed’s Bowman: Bankers and regulators aren’t on the same page about M&A
When it comes to process reform for mergers and acquisitions, it can feel like bankers and regulators are living in different worlds, according to Federal Reserve Governor Michelle Bowman.
August 13, 2024 |
ICBA NewsWatch Today
ICBA: FHFA overstepping with FHLBank inquiry
The Federal Housing Finance Agency does not have the authority to redefine the mission of the Federal Home Loan Banks, ICBA told American Banker.
August 12, 2024 |
ICBA NewsWatch Today
Federal Housing Finance Agency
FDIC issues guidance on interactive teller machines
The FDIC issued guidance on whether the use of interactive teller machines at a location other than an established branch facility would require banks to file a domestic branch application.
August 12, 2024 |
ICBA NewsWatch Today
ICBA requests comment extension on bank-fintech arrangements
ICBA and other groups requested a 30-day extension to the comment period for the regulatory agencies’ request for information on bank-fintech arrangements.
August 12, 2024 |
ICBA NewsWatch Today
Fintech Innovation
FDIC announces initial dates for new resolution filings
The FDIC announced initial submission dates for its final rule requiring resolutions plans for banks with at least $100 billion in assets and “informational filings” for banks over $50 billion.
August 09, 2024 |
ICBA NewsWatch Today
Independent Banker deciphers FHFA credit score transition
A new Independent Banker article breaks down the Federal Housing Finance Agency’s new credit scoring requirements for Fannie Mae and Freddie Mac and ICBA’s concerns with the models.
August 09, 2024 |
ICBA NewsWatch Today
OCC: Banks affected by Hurricane Debby can close
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Maryland, North Carolina, South Carolina, Virginia, and Washington, D.C., affected by Hurricane Debby.
August 09, 2024 |
ICBA NewsWatch Today
Climate
ICBA continues call for 1033 exemption in new article
The Consumer Financial Protection Bureau should exempt banks with less than $850 million in assets from its pending rule on sharing consumer financial data, ICBA told American Banker.
August 08, 2024 |
ICBA NewsWatch Today
Consumer Financial Protection Bureau
ICBA: Fed has discretion to deny master account access
ICBA told a U.S. appellate court that federal law provides the Federal Reserve Banks with the discretion to deny or grant master account access.
August 08, 2024 |
ICBA NewsWatch Today
Federal Reserve
EGRPRA outreach meeting registration closes tomorrow
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by tomorrow’s deadline.
August 08, 2024 |
ICBA NewsWatch Today
ICBA urges Congress to advance community bank tax priorities
ICBA urged members of the House Ways and Means Committee Tax Teams to advance several community banking industry tax initiatives as they craft priorities for tax legislation in 2025.
August 07, 2024 |
ICBA NewsWatch Today
Taxes & Budget
Independent Banker: What community banks can learn from behavioral economics
Research into behavioral economics has generated insights on how consumers make decisions, which can help community banks meet the needs of customers, according to the latest issue of Independent Banker magazine.
August 07, 2024 |
ICBA NewsWatch Today
EGRPRA outreach meeting registration closes Friday
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.
August 07, 2024 |
ICBA NewsWatch Today
Agencies/Regulators
Agencies request comment on data collection proposal
Federal financial regulators requested comment on a proposed rule that would establish data standards for certain information collections submitted to the agencies.
August 06, 2024 |
ICBA NewsWatch Today
Compliance
EGRPRA outreach meeting registration closes Friday
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.
August 06, 2024 |
ICBA NewsWatch Today
FHA publishes final rule on engagement with mortgagors in default
The Federal Housing Administration published a final rule to update a HUD regulation that requires mortgagees to meet in person with borrowers who are in default on their mortgage payments.
August 06, 2024 |
ICBA NewsWatch Today
Compliance
ICBA objects to FCC using Weiss Ratings for access to certain programs
ICBA told the Federal Communications Commission that Weiss Ratings is ill-suited for use as a gatekeeper for certain FCC programs.
August 06, 2024 |
ICBA NewsWatch Today
FCC
OCC: Banks in Florida, Georgia affected by Hurricane Debby can close
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida and Georgia affected by Hurricane Debby.
August 06, 2024 |
ICBA NewsWatch Today
IRS reports problems with crypto tax enforcement
Digital asset seizure values have grown exponentially, topping $7 billion in 2022, but compliance enforcement with virtual currency is difficult, according to a new Treasury Department report.
July 17, 2024 |
ICBA NewsWatch Today
Department of Treasury Digital Assets
ICBA: New FHLBank lending restrictions will reduce access to home loans
A recent Federal Home Loan Bank of New York decision to impose new reporting requirements on member banks will restrict access to home loans, ICBA said.
July 17, 2024 |
ICBA NewsWatch Today
FHLB
ICBA continues seeking feedback on check fraud
ICBA continues encouraging community bankers to share their experiences and input on the challenge of check fraud.
July 17, 2024 |
ICBA NewsWatch Today
Fraud
FinCEN official: Beneficial ownership reporting only takes 20 minutes to complete
Financial Crimes Enforcement Network Deputy Director Jimmy Kirby said most companies should be able to file beneficial ownership information reporting quickly and without the help of an attorney or accountant.
July 16, 2024 |
ICBA NewsWatch Today
Financial Crimes Enforcement Network
ICBA: FHLBanks’ mission should not be changed
ICBA told the Federal Housing Finance Agency that the Federal Home Loan Banks’ mission is clear and does not need to be substantially changed or clarified.
July 16, 2024 |
ICBA NewsWatch Today
FHLB Federal Housing Finance Agency
FDIC holding second signage webinar for bank officers
The FDIC this month is scheduled to hold the second of four webinars for bank officers and employees on its final rule governing the usage of official FDIC signs, advertising, name, logo, and more.
July 16, 2024 |
ICBA NewsWatch Today
Comments on FHLBank system mission review due today
Today is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.
July 15, 2024 |
ICBA NewsWatch Today
FHLB Federal Housing Finance Agency
AT&T discloses customer data breach
AT&T released a statement on unauthorized access of customer data from a third-party cloud platform.
July 15, 2024 |
ICBA NewsWatch Today
Data Breach Cybersecurity
Fed researchers: Banks that share name with failed institutions experience loss of business
Federal Reserve researchers said banks that share their name with a failed bank experience a half-percent drop in transaction deposits relative to banks with similar characteristics but different names.
July 15, 2024 |
ICBA NewsWatch Today
FDIC nominee: Community banks are the lifeblood of many communities
The Biden administration’s nominee for FDIC chair—Christy Goldsmith Romero—told Congress she gained a great appreciation for community banks during her time at the Office of the Special Inspector General for the Troubled Asset Relief Program.
July 12, 2024 |
ICBA NewsWatch Today
Input on FHLBank system mission review due Monday
Monday is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.
July 12, 2024 |
ICBA NewsWatch Today
FHLB Federal Housing Finance Agency
FHFA releases VantageScore 4.0 credit scores
The Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac are making historical VantageScore 4.0 credit scores available to approved users to support the transition to updated credit score and credit report requirements.
July 12, 2024 |
ICBA NewsWatch Today
Secondary Mortgage Market Secondary Mortgage Market Federal Housing Finance Agency
Independent Banker
Independent Banker is the award-winning monthly member publication of ICBA. Continually rated the best news source by community bankers, IB provides timely, relevant information and insights to help community banks continue to flourish.
Marketing Resource Center
Visit this page regularly for new customizable press releases, opeds, tutorials, sharable videos, tip sheets, and sample social media posts which are available exclusively for ICBA members.
Access the toolkit
Example Text
ICBA NewsWatch Today
ICBA offers numerous specialty newsletters related to the community banking industry. Sign up for ICBA's daily email news bulletin for current and breaking industry news
Read Articles
Example Text
Subscribe to Independent Banker Magazine
Independent Banker® is the monthly publication of the Independent Community Bankers of America, recognized as the number one source ICBA members rely on for community banking news.
Subscribe Now
Example Text
Manage Your Email Notifications and Subscriptions
Sign up to receive or manage your email messages from ICBA. Questions? Contact ICBA.
Subscribe Now
Example Text