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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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Navy Federal faces lawsuit following reports of discriminatory lending

Plaintiffs this week filed a class-action lawsuit against Navy Federal Credit Union following last week’s CNN report of the credit union’s wide racial disparities in mortgage approval rates.
December 20, 2023 | ICBA NewsWatch Today   Credit Unions 

CFPB issues overdraft report ahead of proposed rule

The Consumer Financial Protection Bureau issued a report on consumer experiences with overdraft and non-sufficient-fund fees ahead of an expected rulemaking.
December 20, 2023 | ICBA NewsWatch Today   Consumer Financial Protection Bureau Compliance 

Charles Potts: The Innovation Journey Moves into 2024

For me, the close of the year signals a time for reflection, for taking stock of our accomplishments and formulating a plan to embrace the opportunities and challenges that lie ahead. And this year, there’s been a lot to contemplate.
December 20, 2023 | Independent Banker   Payments 

Key lawmaker to Navy Federal: Explain report on lending disparities

House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) said Navy Federal Credit Union must explain itself to Congress following last week’s CNN report of its wide racial disparities in mortgage approval rates.
December 19, 2023 | ICBA NewsWatch Today   Federal Housing Finance Agency 

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