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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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AT&T discloses customer data breach

AT&T released a statement on unauthorized access of customer data from a third-party cloud platform.
July 15, 2024 | ICBA NewsWatch Today   Data Breach Cybersecurity 

Fed researchers: Banks that share name with failed institutions experience loss of business

Federal Reserve researchers said banks that share their name with a failed bank experience a half-percent drop in transaction deposits relative to banks with similar characteristics but different names.
July 15, 2024 | ICBA NewsWatch Today  

Customers Bank's Dynamic AI Strategy

In response to the growing prominence of artificial intelligence in everyday bank operations, Customers Bank has embraced generative AI and developed an internal training program to educate its employees on how to use it.
July 15, 2024 | Independent Banker  

FDIC nominee: Community banks are the lifeblood of many communities

The Biden administration’s nominee for FDIC chair—Christy Goldsmith Romero—told Congress she gained a great appreciation for community banks during her time at the Office of the Special Inspector General for the Troubled Asset Relief Program.
July 12, 2024 | ICBA NewsWatch Today  

Input on FHLBank system mission review due Monday

Monday is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.
July 12, 2024 | ICBA NewsWatch Today   FHLB Federal Housing Finance Agency 

FHFA releases VantageScore 4.0 credit scores

The Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac are making historical VantageScore 4.0 credit scores available to approved users to support the transition to updated credit score and credit report requirements.
July 12, 2024 | ICBA NewsWatch Today   Secondary Mortgage Market Secondary Mortgage Market Federal Housing Finance Agency 

Lindsay LaNore: Practical Tips for Knowledge Transfer

When community bankers with decades of experience retire, they take with them a precious commodity: their knowledge. But it doesn’t have to be that way. By being purposeful and deliberate about knowledge transfer, a bank can minimize disruption and confusion, while also creating a culture of mentorship and learning.
July 12, 2024 | Independent Banker   Advocacy 

CFPB proposes mortgage servicing rule

The Consumer Financial Protection Bureau issued a proposed rule to amend mortgage servicing rules under Regulation X.
July 11, 2024 | ICBA NewsWatch Today   Consumer Financial Protection Bureau 

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