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Romero Rainey recaps extraordinary year, thanks bankers for “selfless response”

Romero Rainey recaps extraordinary year, thanks bankers for “selfless response” ICBA President and CEO Rebeca Romero Rainey recaps the year’s challenges and accomplishments in a message to...

Dec 23, 2020
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Article

ICBA updates FAQs on stimulus payments

ICBA updates FAQs on stimulus payments As Americans await news about the stimulus bill and the prospect of receiving direct Economic Impact Payments, ICBA has compiled answers to the top issues...

Dec 23, 2020
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Article
Advocacy Crisis Preparedness

Supplemental guidance issued on SolarWinds attack

Supplemental guidance issued on SolarWinds attack The Department of Homeland Security and Cybersecurity and Infrastructure Security Agency issued supplemental guidance to its alert for affected...

Dec 22, 2020
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Article
Cybersecurity

Congress passes stimulus deal with community bank-advocated provisions

Congress passes stimulus deal with community bank-advocated provisions Through tens of thousands of phone calls and direct messages to your members of Congress, you made your voices heard,...

Dec 22, 2020
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Article
Advocacy Crisis Preparedness Lending

ICBA Secures Relief in New Stimulus Measure

ICBA Secures Relief in New Stimulus Measure The Independent Community Bankers of America thanked Congress for passing compromise economic stimulus legislation with ICBA-advocated provisions...

Dec 22, 2020
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Article
Advocacy Crisis Preparedness Lending

Community Bank Provisions of Bipartisan Bicameral Stimulus Package

Community Bank Provisions of Bipartisan Bicameral Stimulus Package Congress is expected to vote this week on legislation designed to provide economic relief for communities, small businesses,...

Dec 21, 2020
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Article
Advocacy Crisis Preparedness

Agencies propose standards for computer security incident notifications

Agencies propose standards for computer security incident notifications Federal banking agencies issued a proposal that would require banks to promptly notify their primary federal regulator after...

Dec 21, 2020
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Article
Cybersecurity

Banking and Consumer Groups Urge Congress to Close Statutory Loophole in Response to FDIC Final Rule on ILCs

Banking and Consumer Groups Urge Congress to Close Statutory Loophole in Response to FDIC Final Rule on ILCs Today, the Bank Policy Institute, Center for Responsible Lending and the Independent...

Dec 18, 2020
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Article
Federal Deposit Insurance Corporation (FDIC) Lending

CISA follow-up call today on SolarWinds

CISA follow-up call today on SolarWinds The Cybersecurity and Infrastructure Security Agency today is hosting a follow-up call on the supply chain attack on the SolarWinds Orion Platform and...

Dec 18, 2020
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Article
Cybersecurity

NCUA approves subordinated debt rule

NCUA approves subordinated debt rule The National Credit Union Administration board approved an ICBA-opposed final rule that will allow the largest and most complex credit unions to issue...

Dec 18, 2020
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Article
Credit Unions

ICBA Statement on Credit Union Debt Rule

ICBA Statement on Credit Union Debt Rule ICBA and the nation's community banks strongly oppose today’s National Credit Union Administration approval of a final rule that will allow the largest and...

Dec 17, 2020
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Article
Credit Unions

FDIC study: Community banks critical to key economic areas

FDIC study: Community banks critical to key economic areas The FDIC issued a new study that found community banks serve a critical role in providing access to credit in several key areas of the...

Dec 17, 2020
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Article
Federal Deposit Insurance Corporation (FDIC)

NCUA board meeting today on subordinated debt

NCUA board meeting today on subordinated debt The National Credit Union Administration board is scheduled to meet at 10 a.m. (Eastern time) today to vote on an ICBA-opposed final rule allowing...

Dec 17, 2020
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Article
Credit Unions

FinCEN proposes virtual currency recordkeeping rules

FinCEN proposes virtual currency recordkeeping rules The Financial Crimes Enforcement Network issued a proposed rule to increase transparency of certain transactions involving convertible virtual...

Dec 21, 2020
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Article
Compliance Cybersecurity Payments +1 More...

SolarWinds criminals narrow follow-up attacks: Microsoft

SolarWinds criminals narrow follow-up attacks: Microsoft The cyber criminals who targeted the SolarWinds Orion Platform appear to have limited their follow-up attacks to a relatively small number...

Dec 21, 2020
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Article
Cybersecurity

CFPB issues follow-up debt-collection rule

CFPB issues follow-up debt-collection rule The Consumer Financial Protection Bureau issued a final rule to implement Fair Debt Collection Practices Act requirements for certain consumer...

Dec 21, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Agencies adjust CRA asset thresholds

Federal regulators announced the annual adjustment to Community Reinvestment Act thresholds.

Dec 18, 2020
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Article
Compliance Community Reinvestment Act (CRA)

SolarWinds: What community banks need to know

SolarWinds: What community banks need to know The supply chain attack on the SolarWinds Orion Platform and subsequent customer breaches is affecting every corner of the economy, including community...

Dec 17, 2020
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Article
Cybersecurity

SolarWinds-related breaches: What community banks need to know

SolarWinds-related breaches: What community banks need to know The supply chain attack on the SolarWinds Orion Platform, and the subsequent breaches to its customers, is a significant cybersecurity...

Dec 16, 2020
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Article
Cybersecurity

FDIC proposes amendments to SAR regs

FDIC proposes amendments to SAR regs The FDIC proposed a rule to amend the agency’s Suspicious Activity Report regulation. The proposal would permit the FDIC to issue additional, case-by-case...

Dec 16, 2020
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Article
Compliance