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Faster Payments – Meeting Market Demand
Faster Payments – Meeting Market Demand The year 2020 drove many community banks to experiment and embark on faster payments. Concerns of payment disruption combined with the pressure to remain...
Credit union acquisition pressure grows
Credit union acquisition pressure grows Congress is under increasing pressure to investigate credit union acquisitions of community banks, ICBA President and CEO Rebeca Romero Rainey wrote in a...
CFPB releases Spanish-language mortgage disclosures
CFPB releases Spanish-language mortgage disclosures The Consumer Financial Protection Bureau released a Spanish-language translation of certain model clauses available for use in early-intervention...
FHFA issues fair lending policy statement
FHFA issues fair lending policy statement The Federal Housing Finance Agency issued a policy statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the...
ICBA Proposes Exit Fee on Credit Union Acquisitions of Taxpaying Banks
ICBA Proposes Exit Fee on Credit Union Acquisitions of Taxpaying Banks The Independent Community Bankers of America (ICBA) today urged the Treasury Department to examine abuses of the tax code...
Protecting Against Digital Payments Fraud
Protecting Against Digital Payments Fraud The pandemic has certainly played a role in escalating fraud on a global scale and throughout many payment pathways. The sudden cross-sectioning of these...
Take your card portfolio to the next level with affluent cards
Take your card portfolio to the next level with affluent cards As community banks review their card offerings and examine ways to attract more cardholders, one segment meriting a closer look are...
Supporting Economic Recovery with Credit Card Rewards Programs
Supporting Economic Recovery with Credit Card Rewards Programs To everything there is a season, or so the market shows via today’s rebounding economic environment. Anxieties around the pandemic...
Treasury again extends MDI, CDFI program
Treasury again extends MDI, CDFI program The Treasury Department will again extend the deadline to submit applications under its program to invest $9 billion in Minority Depository Institutions...
Nominations open for Best Community Banks to Work For awards
Nominations open for Best Community Banks to Work For awards ICBA’s Independent Banker magazine opened nominations for its 2021 Best Community Banks to Work For awards. ICBA’s Independent Banker...
Fed to launch CECL tool for community banks
Fed to launch CECL tool for community banks The Federal Reserve said it will release a new tool this month to help community banks implement the Current Expected Credit Losses accounting standard....
FinCEN issues AML/CFT priorities
FinCEN issues AML/CFT priorities The Financial Crimes Enforcement Network issued the first government-wide priorities for anti-money-laundering and counter-financing-terrorism policy. The Financial...
CFPB reports on 2020 consumer reporting, servicing violations
CFPB reports on 2020 consumer reporting, servicing violations The Consumer Financial Protection Bureau issued a report highlighting legal violations identified by bureau examinations in 2020. The...
As Credit Union-Bank Acquisitions Accelerate, ICBA Urges Congressional Hearings
As Credit Union-Bank Acquisitions Accelerate, ICBA Urges Congressional Hearings The Independent Community Bankers of America today reinforced its call for Congress to investigate tax-exempt credit...
Ransomware renewing agency crypto response: blog
Ransomware renewing agency crypto response: blog Escalating attacks against critical infrastructure are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity,...
ICBA Services Network Announces New Community Banker Board Members
ICBA Services Network Announces New Community Banker Board Members ICBA Services Network, the business services subsidiary of ICBA, today announced the appointments of several high-profile...
Georgia Community Banker Named Chairman of ICBA Securities Board of Directors
Georgia Community Banker Named Chairman of ICBA Securities Board of Directors ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America, today announced the...
Farm Credit System loan volume jumps 10%
Farm Credit System loan volume jumps 10% The Farm Credit Administration released its quarterly report on the ag economy and the performance of the Farm Credit System, whose growth is largely...
ICBA Supports Senate Bill Offering Tax Relief for Rural Lending
ICBA Supports Senate Bill Offering Tax Relief for Rural Lending The Independent Community Bankers of America today expressed its strong support for the Senate introduction of the Enhancing Credit...
IRS enables direct deposit updates for Child Tax Credit payments
IRS enables direct deposit updates for Child Tax Credit payments The IRS upgraded an online tool to enable families to update their bank account information so they can receive their monthly Child...