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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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ICBA: Credit union buying stadium naming rights highlights tax inequity

ICBA said that a credit union paying for NFL stadium naming rights is the latest example of how credit unions are violating the limits established by Congress to justify their federal tax exemption.
August 28, 2024 | ICBA NewsWatch Today   Credit Unions 

FinCEN: Financial institutions should remain vigilant to transactions associated with synthetic opioids

The Financial Crimes Enforcement Network reminded financial institutions to monitor for and report suspicious transactional activity related to the illicit fentanyl supply chain and the trafficking of illicit fentanyl and other synthetic opioids.
August 28, 2024 | ICBA NewsWatch Today   Compliance Financial Crimes Enforcement Network 

CFPB releases beta test of small business lending platform

The Consumer Financial Protection Bureau announced the availability of the beta platform for the small business lending data collection rule pursuant to section 1071 of the Dodd-Frank Act.
August 27, 2024 | ICBA NewsWatch Today   Consumer Financial Protection Bureau 

SEC files charges against crypto firm

The Securities and Exchange Commission announced that it filed charges against a “crypto bank” that claimed depositors could earn returns “auto-magically.”
August 27, 2024 | ICBA NewsWatch Today   Digital Assets 

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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