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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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Senate spending deal excludes ICBA-opposed policies

The Senate budget reconciliation deal announced this week by Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) excludes several proposed tax provisions strongly opposed by ICBA.
July 29, 2022 | ICBA NewsWatch Today   Taxes & Budget 

Senate drops postal banking funding from appropriations bill

Senate appropriators dropped an ICBA-opposed legislative proposal to expand the U.S. Postal Service’s banking pilot after ICBA urged lawmakers to block the plan.
July 29, 2022 | ICBA NewsWatch Today   Postal Service Banking 

OCC issues CRA fact sheets ahead of comment deadline

The OCC released a series of fact sheets on the banking agencies’ proposed updates to Community Reinvestment Act regulations ahead of the Aug. 5 comment deadline.
July 29, 2022 | ICBA NewsWatch Today   Compliance 

CFPB adds new debt-collection FAQs

The Consumer Financial Protection Bureau added a new section to its frequently asked questions on the Debt Collection Rule in Regulation F.
July 29, 2022 | ICBA NewsWatch Today   Compliance 

Financial Services Industry United in Opposition to Marshall-Durbin Credit Routing Legislation

Today nine trade associations representing the financial services industry released the following joint statement opposing announced legislation by Senator Roger Marshall (R-KS) and Senator Dick Durbin (D-IL) creating new credit card routing mandates that fall disproportionately on card issuing credit unions and community banks.
July 28, 2022 | Press Release   Interchange 

TCM Bank Names William Weeks Chief Information Officer

TCM Bank, N.A., the credit card bank of ICBA Bancard, which is the payments services subsidiary of the Independent Community Bankers of America (ICBA), today announced the hire of William Weeks as chief information officer.
July 26, 2022 | Press Release  

ICBA to committee: Fully vet stablecoin bill before any vote

While legislation is urgently needed to address risks posed by unregulated stablecoins, taking up last-minute legislation at this week’s House Financial Services Committee markup would be premature, ICBA told the panel.
July 25, 2022 | ICBA NewsWatch Today   Digital Assets Technology 

FS-ISAC spotlights Holy Ghost ransomware group

The Financial Services Information Sharing and Analysis Center’s latest weekly risk report details the Holy Ghost ransomware group, which has been active for more than a year and has connections to North Korea.
July 25, 2022 | ICBA NewsWatch Today   Cybersecurity Technology 

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