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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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CFPB cautions consumers on ‘buy now, pay later’

The Consumer Financial Protection Bureau recently published a blog post for consumers on buy-now-pay-later credit.
July 19, 2021 | ICBA NewsWatch Today   Consumer Financial Protection Bureau Digital Assets 

ICBA launches fintech investment fund

ICBA is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks.
July 19, 2021 | ICBA NewsWatch Today   Fintech Innovation 

ICBA: Postal banking designed to fail

Postal banking is a risky venture for which the U.S. Postal Service is ill suited, ICBA told Congress in its latest issue brief.
July 16, 2021 | ICBA NewsWatch Today   Government Banks Postal Service Banking 

ICBA urges grassroots on rural lending tax relief

Following the recent Senate introduction of legislation to provide rural lending tax relief, ICBA is calling on community bankers to urge their lawmakers in both chambers of Congress to co-sponsor the measure.
July 16, 2021 | ICBA NewsWatch Today   Agriculture Rural Development 

ICBA Promotes Mike DeVoll to Assistant Vice President, Marketing Strategy and Execution

The Independent Community Bankers of America today announced Mike DeVoll’s promotion to assistant vice president of marketing strategy and execution.
July 16, 2021 | Press Release  

ICBA Welcomes End of FHFA Refinance Fee

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on today's Federal Housing Finance Agency announcement on the Adverse Market Refinance Fee.
July 16, 2021 | Press Release   Mortgage Rules 

FASB to pursue further CECL improvements

The Financial Accounting Standards Board this week agreed to add a project to its technical agenda to investigate the suspension of troubled debt restructuring accounting for entities that have adopted the Current Expected Credit Losses accounting standard.
July 16, 2021 | ICBA NewsWatch Today   CECL Audit 

Child Tax Credit payments start today

The IRS today begins distributing Advance Child Tax Credit payments authorized by the American Rescue Plan.
July 15, 2021 | ICBA NewsWatch Today   Taxes & Budget 

FDIC, CFPB update financial education curriculum

The FDIC and Consumer Financial Protection Bureau released an enhanced version of the Money Smart for Older Adults financial education curriculum.
July 15, 2021 | ICBA NewsWatch Today   Consumer Financial Protection Bureau 

CISA warns of Microsoft Print Spooler vulnerability

The Cybersecurity and Infrastructure Security Agency issued Emergency Directive 21-04 on mitigating a vulnerability in the Microsoft Windows Print Spooler service.
July 15, 2021 | ICBA NewsWatch Today   Risk Cybersecurity 

Independent Banker Ranks Top Loan Performers

This month’s issue of Independent Banker, the award-winning magazine of the Independent Community Bankers of America (ICBA) and the number-one source for community banking news, spotlights Main Street’s top-producing lenders.
July 14, 2021 | Press Release  

Agencies propose guidance on third-party relationships

Federal banking regulators proposed interagency guidance designed to help banks manage risks associated with third-party relationships, including those with fintech entities.
July 14, 2021 | ICBA NewsWatch Today   Compliance 

Terri Howard Joins TCM Bank as Senior Vice President, People & Culture

TCM Bank, N.A., the credit card bank of ICBA Bancard®, which is the payments services subsidiary of the Independent Community Bankers of America, announced the hire of Terri Howard as senior vice president of people and culture.
July 12, 2021 | Press Release  

ICBA Minority Bank Advisory Council Opposes IRS Reporting Proposal

The Independent Community Bankers of America’s (ICBA) Minority Bank Advisory Council today expressed strong opposition to the Biden administration’s proposal that would require banks to report customer account information to the IRS.
July 12, 2021 | Press Release   MDI Taxes & Budget 

ICBA, BPI Urge Federal Reserve to Clarify, Strengthen Guidelines for Fed Account Access

The Independent Community Bankers of America and Bank Policy Institute today called on the Federal Reserve to strengthen proposed guidelines for evaluating account and services requests.
July 12, 2021 | Press Release   Federal Reserve Audit 

ICBA minority bank council opposes IRS reporting plan

ICBA’s Minority Bank Advisory Council today is expressing strong opposition to the Biden administration’s proposal to require banks to report customer account information to the IRS.
July 12, 2021 | ICBA NewsWatch Today   Taxes & Budget 

White House directs tougher scrutiny of bank mergers

President Joe Biden directed the Justice Department and federal banking regulators to more closely scrutinize bank mergers and make it easier for customers to switch banks.
July 12, 2021 | ICBA NewsWatch Today   Commerce & Banking 

ICBA Bancard and Finzly Partner to Offer Instant Payments

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), today announced a new partnership with Finzly to facilitate instant payments via Finzly’s Payment Galaxy.
July 09, 2021 | Press Release  

Former NCUA official criticizes credit union bank purchases

A former National Credit Union Administration official this week raised concerns over credit union acquisitions of community banks.
July 09, 2021 | ICBA NewsWatch Today  

Congress pushes back on IRS reporting plan

House Ways and Means Committee Republicans issued a fact sheet pushing back on the Biden administration’s proposal to require banks to report customer account information to the IRS.
July 09, 2021 | ICBA NewsWatch Today   Taxes & Budget 

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.

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