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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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CDFI Fund extends deadlines for certification application

The Community Development Financial Institutions Fund extended the application deadlines outlining when current CDFIs must reapply for CDFI certification using the revised version of the application.
June 24, 2024 | ICBA NewsWatch Today   CDFI 

Fed issues ICBA-requested extension on Fedwire comment period

The Federal Reserve extended until Sept. 6 the comment period on its proposal to expand Fedwire Funds Service and National Settlement Services operating hours. Comments on the proposal were originally due by July 8.
June 24, 2024 | ICBA NewsWatch Today  

Agencies finalize rule on automated valuation models

Federal financial services regulators issued a final rule to implement quality control standards for automated valuation models, or AVMs, which mortgage lenders use to value real estate collateral.
June 21, 2024 | ICBA NewsWatch Today   CFPB Compliance 

FDIC finalizes new resolution filings for banks over $50B

The FDIC approved a final rule to require resolutions plans for banks with at least $100 billion in assets and “informational filings” for banks over $50 billion.
June 21, 2024 | ICBA NewsWatch Today   Deposit Insurance 

Banking agencies propose amending BSA requirements

Federal banking regulators issued a proposed rule that would amend Bank Secrecy Act requirements for anti-money-laundering and countering-the-financing-of-terrorism programs.
June 21, 2024 | ICBA NewsWatch Today   BSA/AML 

ICBA urges unified, streamlined bank merger review process

ICBA told the FDIC that its bank merger review process requires significant revisions to be streamlined and equitable to community banks.
June 20, 2024 | ICBA NewsWatch Today  

Bill to pause Fed debit card rule introduced in Senate

ICBA-advocated legislation directing the Federal Reserve to stop and study its proposed changes to Regulation II before finalizing the rule was introduced in the Senate.
June 20, 2024 | ICBA NewsWatch Today  

FDIC board meeting today

The FDIC board of directors scheduled a meeting for 10 a.m. (Eastern time) today.
June 20, 2024 | ICBA NewsWatch Today   FDIC 

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