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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.

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Bill to bar U.S. CBDC introduced in Senate

ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S. central bank digital currency was introduced in the Senate after passing the House Financial Services Committee last fall.
February 27, 2024 | ICBA NewsWatch Today   Federal Reserve 

Grassroots Alert: Time to weigh in on new farm bill

ICBA is urging community bankers to both call and write their members of Congress today on the pending farm bill using ICBA’s newest grassroots advocacy materials.
February 27, 2024 | ICBA NewsWatch Today   Grassroots/Be Heard 

Novel bank denied Fed master account

A novel financial institution that would pass deposits directly into a Federal Reserve master account announced it was denied access to a Fed master account.
February 27, 2024 | ICBA NewsWatch Today   Federal Reserve 

What Makes a Good Manager?

Even though taking on managerial duties often comes part and parcel with a promotion, not everyone is suited to it. Here are some steps community bankers can take to successfully identify, support and train future management staff.
February 27, 2024 | Independent Banker  

Global AML watchdog warns of lagging crypto standards

The Financial Action Task Force—a global anti-money-laundering watchdog—said many countries have not implemented its recommended standards on virtual assets, allowing criminals to exploit gaps in crypto regulation.
February 26, 2024 | ICBA NewsWatch Today   Compliance Digital Assets 

Treasury sanctions Russia’s national payment system

The Treasury Department’s Office of Foreign Assets Control announced sanctions on nearly 300 Russian individuals and entities, including the operator of the Mir National Payment System.
February 26, 2024 | ICBA NewsWatch Today   Compliance Department of Treasury 

IG: FDIC human capital challenges affecting exams

The FDIC Office of the Inspector General said strategic human capital management is the FDIC’s top challenge and is affecting the agency’s ability to conduct exams.
February 26, 2024 | ICBA NewsWatch Today   Federal Deposit Insurance Corporation 

Out of Office: Curtis Anderson

The executive vice president of $12.6 billion-asset Veritex Community Bank in Dallas, Texas, relives his childhood through his collection of unique vending and self-service machines from decades past.
February 26, 2024 | Independent Banker  

Hsu: Crypto industry slowing progress on supervision

Crypto industry resistance and jurisdictions competing for crypto business have held up progress on consolidated supervision of cryptoassets, Acting Comptroller of the Currency Michael Hsu said.
February 23, 2024 | ICBA NewsWatch Today   Digital Assets 

ICBA urges agencies to ensure reg review provides substantive relief

ICBA called on federal banking regulators to ensure their latest regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act provides substantive regulatory relief for community banks—which previous reviews have failed to do.
February 23, 2024 | ICBA NewsWatch Today   EGRPRA s.2155 

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