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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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Nacha launches program for returning unemployment benefits

Nacha launched an opt-in program to facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits.
July 23, 2021 | ICBA NewsWatch Today   ACH 

OCC to propose rescinding CRA rule

The OCC said it will propose rescinding its May 2020 Community Reinvestment Act rule and work with other agencies on a joint rulemaking.
July 22, 2021 | ICBA NewsWatch Today   Compliance 

CFPB settlement sets Sept. 30 deadline for 1071 proposal

A lawsuit on the Consumer Financial Protection Bureau’s implementation of small-business data collection and reporting rules determined that the bureau will issue a proposed rulemaking by Sept. 30, 2021, according to the Ballard Spahr law firm.
July 20, 2021 | ICBA NewsWatch Today   Compliance 

FHFA eliminates ICBA-opposed GSE fee

ICBA welcomed the Federal Housing Finance Agency’s announcement that it will eliminate an ICBA-opposed fee on refinance loans delivered to the government-sponsored enterprises.
July 19, 2021 | ICBA NewsWatch Today   FHLB Federal Housing Finance Agency Regulatory Relief 

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