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.
Boston Fed Encourages Tokenization Collaboration
Federal Reserve Bank of Boston researchers encouraged stakeholders to continue collaborating on the development of payment tokenization. Noting that tokenization mitigates risk by eliminating the need to store and transmit a customer’s primary account number, a new paper says that collaboration will help expand its use in e-commerce, evaluate third-party token service providers, educate consumers, and anticipate future innovations.
October 01, 2018 |
ICBA NewsWatch Today
Payments
FinCEN Wants to Talk BSA Reporting with Hurricane-Affected Banks
The Financial Crimes Enforcement Network said financial institutions affected by Hurricane Florence should contact FinCEN and their functional regulator as soon as practicable to discuss any delays in their ability to file Bank Secrecy Act reports. FinCEN can be reached at FRC@fincen.gov.
October 01, 2018 |
ICBA NewsWatch Today
Advocacy
Facebook Breach Affects 50M Users
Facebook announced a security breach affecting nearly 50 million accounts.
October 01, 2018 |
ICBA NewsWatch Today
Data Breach Data Security/Fraud
‘Tax Reform 2.0’ Passes House
The House passed legislation to permanently extend the lower individual tax rates included in the tax reform law signed late last year. Known as “Tax Reform 2.0,” the package of bills would lock in lower rates set to expire at the end of 2025, though it is not expected to be taken up by the Senate. In addition to cutting the top C-corp rate, the ICBA-supported Tax Cuts and Jobs Act of 2017 reduced the individual rates affecting Subchapter S banks.
October 01, 2018 |
ICBA NewsWatch Today
Taxes & Budget
DOJ Indicates Support for ADA Website Flexibility
The Justice Department told members of Congress that it is evaluating whether to issue guidance on web accessibility standards under the Americans with Disabilities Act. Responding to a bipartisan letter from 103 members of Congress requesting clarity, the DOJ stood by its interpretation that the law applies to websites, but left room for a flexible approach.
September 28, 2018 |
ICBA NewsWatch Today
ADA
Contactless Payments Reboot: Get Ready, Get Set
The time has come for community bank card issuers to begin ramping up their contactless payments strategy. More than half of the top 100 U.S. merchants are already contactless enabled and smaller merchants are also speeding to adopt contactless point-of-sale technology in a bid to improve the cusotmer experience.
September 26, 2018 |
Payments Quarterly
Free Credit Freezes Are Here
A provision of S. 2155 requiring credit reporting agencies to freeze consumer credit reports at no charge took effect Friday. These security or credit freezes restrict access to credit files to reduce identity theft.
September 24, 2018 |
ICBA NewsWatch Today
Consumer Financial Protection Bureau
Chelsea Groton Bank Named a Winner of the 2018 Top Workplaces Award for Third Straight Year
Chelsea Groton Bank has been awarded a 2018 Top Workplaces honor by The Hartford Courant, for the third year in a row. The Top Workplaces lists are based on the results of an employee feedback survey administered by Energage, formerly WorkplaceDynamics, a leading research firm that specializes in organizational health and workplace improvement. Several aspects of workplace culture were measured, including alignment, execution, and connection.
September 24, 2018 |
News
Bureau Opening Regional Office in Atlanta
The Bureau of Consumer Financial Protection said it will relocate its southeast regional office from Washington, D.C., to Atlanta, Ga., in late 2019. The bureau already has regional offices in New York, Chicago and San Francisco that host supervision staff, enforcement attorneys and other personnel. The southeast regional team has been temporarily based out of the bureau’s D.C. headquarters since its inception.
September 24, 2018 |
ICBA NewsWatch Today
Consumer Financial Protection Bureau
ICBA to IRS: Maximize Sub S Access to Tax Deduction
ICBA and other banking groups called on the IRS to reconsider its approach to implementing the Tax Cuts and Jobs Act’s 20 percent tax deduction for pass-through businesses. In a joint comment letter, ICBA said the agency should allow all permissible banking activities to be eligible for the deduction.
September 24, 2018 |
ICBA NewsWatch Today
Wolters Kluwer Announces Interoperability with RSA Archer to Provide Regulatory Data Feed
Are You Leveraging Your Card’s Core Benefits?
ICBA Bancard’s Senior Vice President of Card and Payment Products, Julie Hanson, says that many times when she is discussing debit and credit card portfolio strategies with community bankers, they are unaware of the many core benefits that are baked into their Visa and Mastercard programs.
September 10, 2018 |
Payments Quarterly
Chelsea Groton Bank Proudly Introduces A Switch Hotline
In order to assist individuals and families in switching to a better banking experience, Chelsea Groton Bank is pleased to introduce a new Switch Hotline, which will provide prospective customers the convenience of switching to Chelsea Groton Bank over the phone, during and after hours, by calling 860-448-4195 (Monday – Friday: 8am – 7pm, Saturday: 9am – 1pm).
September 07, 2018 |
News
OneRD Guaranteed Loan Rule
How to build a successful payments strategy
Customer expectations and fierce competition—it’s never been more important to think strategically about your payments offering.
September 01, 2018 |
Independent Banker
Payments Growing the Community
Meet the winners of ICBA’s 2018 National Community Bank Service Awards
Whether they are overhauling local education, main streets or even their own reputation, ICBA’s 2018 National Community Service Award winners were unafraid to dig deep—figuratively and sometimes literally—to effect change.
September 01, 2018 |
Independent Banker
USDA Details Trade Payments Alongside Mexico Deal
Roselle Bank Begins Renovations of Operations Center
Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has begun renovating its operations center, located at 108 West Third Avenue, Roselle, NJ across from the bank’s main branch. The facelift is part of Roselle Bank’s comprehensive initiative to enhance customer convenience and overall banking experiences.
August 27, 2018 |
News
Community Bank Income Rises 21 Percent
Crestmark Closes 18 Transactions Totaling More Than $46.9 Million in the First Half of August
Crestmark secured a total of $46,935,891 in financial solutions with 18 transactions for 14 new clients in the first half of August.
August 24, 2018 |
News
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