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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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OCC announces chief climate risk officer

The OCC announced the appointment of Yue (Nina) Chen as chief climate risk officer. Chen will lead the agency’s Office of Climate Risk and development of climate risk management frameworks for the federal banking system.
September 13, 2022 | ICBA NewsWatch Today   Climate 

FinCEN underestimating burden of info-sharing requests: ICBA

The Financial Crimes Enforcement Network underestimates the regulatory burden of information sharing requests between banks and law enforcement under the USA PATRIOT Act, ICBA told the agency.
September 13, 2022 | ICBA NewsWatch Today   Data Security/Fraud Technology Financial Crimes Enforcement Network 

Farm Credit System reports favorable results despite headwinds

The Farm Credit Administration reported that tight labor markets, rising interest rates, a strong dollar, high energy prices, and drought conditions are creating uncertainty in rural economies and farm input prices—though the Farm Credit System is reporting favorable financial results.
September 13, 2022 | ICBA NewsWatch Today   Agriculture 

FDIC Second-Quarter Deposit Data Show Proposed Assessment Rate Hike Not Needed

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the FDIC’s latest Quarterly Banking Profile.
September 08, 2022 | Press Release   Deposit Insurance 

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