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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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Feds revamp Child Tax Credit website

The federal government relaunched a revamped website—ChildTaxCredit.gov—to help taxpayers file their taxes and access the remainder or the full amount of the expanded Child Tax Credit.
January 25, 2022 | ICBA NewsWatch Today   Taxes & Budget 

FinCEN proposes SAR-sharing pilot program

The Financial Crimes Enforcement Network proposed establishing a limited-duration pilot program for sharing suspicious activity reports, in accordance with Section 6212 of the Anti-Money Laundering Act of 2020.
January 25, 2022 | ICBA NewsWatch Today   Cybersecurity Technology 

ICBA Reviewing Fed Discussion Paper on U.S. Central Bank Digital Currency

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the Federal Reserve Board’s new discussion paper examining a potential U.S. central bank digital currency.
January 21, 2022 | Press Release  

CFPB to examine colleges’ in-house lending practices

The Consumer Financial Protection Bureau said it will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students.
January 21, 2022 | ICBA NewsWatch Today   Lending 

Fed issues long-awaited CBDC discussion paper

The Federal Reserve Board released a long-awaited discussion paper that examines the pros and cons of a potential U.S. central bank digital currency, or CBDC.
January 21, 2022 | ICBA NewsWatch Today   Digital Assets Payments 

ACH Network volume rises 6.1% in Q4

ACH Network volume increased 6.1% in the fourth quarter of 2021 from a year earlier, Nacha reported.
January 21, 2022 | ICBA NewsWatch Today   ACH Payments 

CFPB to focus on credit card market competition

The Consumer Financial Protection Bureau said it is looking to ensure there is robust and fair competition in the credit card market as debt rises following pandemic declines.
January 21, 2022 | ICBA NewsWatch Today   Lending 

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