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Farm Credit releases YBS data, new reg agenda

Farm Credit releases YBS data, new reg agenda The Farm Credit System’s regulator released updated data on its lending to young, beginning, and small farmers as well as a regulatory plan for the...

Aug 16, 2021
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Article
Agriculture Rural Development

ICBA joins FDIC ‘tech sprint’

ICBA joins FDIC ‘tech sprint’ The FDIC said ICBA will be among the teams participating in the agency’s “tech sprint” designed to help banks serve unbanked consumers. ICBA will join the Milken...

Aug 13, 2021
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Article
Technology Fintech Innovation

HUD, FHFA collaborate on fair housing, lending

HUD, FHFA collaborate on fair housing, lending The Department of Housing and Urban Development and the Federal Housing Finance Agency announced an agreement regarding fair housing and fair lending...

Aug 13, 2021
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Article
Housing Finance/GSEs

Treasury plans child tax credit mobile sign-up

Treasury plans child tax credit mobile sign-up The Treasury Department and IRS released details of the second round of Advance Child Tax Credit payments and said they are working on a sign-up tool...

Aug 16, 2021
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Article
Taxes & Budget

Treasury issues guidance on MDI, CDFI program

Treasury issues guidance on MDI, CDFI program The Treasury Department released revised guidance on its Emergency Capital Investment Program to support minority and community development financial...

Aug 13, 2021
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Article
Minority Owned Depository Institutions (MDI)

ICBA to Fed: Analyze Impact of Interchange Updates Before Finalizing Changes

ICBA to Fed: Analyze Impact of Interchange Updates Before Finalizing Changes ICBA today said the Federal Reserve Board should not update debit card interchange regulations without first fully...

Aug 11, 2021
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Article
International & Remittance Transfers Payments

Senate blocks amendment to stop IRS monitoring on party-line vote

Senate blocks amendment to stop IRS monitoring on party-line vote The Senate voted down an ICBA-advocated amendment that would have barred the IRS from using funds in a pending spending bill to...

Aug 11, 2021
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Article
Taxes & Budget

LEAD FWD lineup taking shape

LEAD FWD lineup taking shape The speaker lineup for the ICBA LEAD FWD Summit, live-streaming Sept. 21-22, is taking shape with the announcement of Precious Williams, a 13-time national pitch...

Aug 05, 2021
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Article

OCC, SEC discuss the state of cryptocurrency

OCC, SEC discuss the state of cryptocurrency In separate events, Securities and Exchange Chairman Gary Gensler and Acting Comptroller of the Currency Michael Hsu discussed efforts underway to adapt...

Aug 04, 2021
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Article
Digital Assets Technology Fintech Regulation

CFPB: Mortgage servicers’ pandemic response varies significantly

CFPB: Mortgage servicers’ pandemic response varies significantly The Consumer Financial Protection Bureau published a report detailing the mortgage industry’s varied response to the pandemic. The...

Aug 11, 2021
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Article
Compliance

PPP non-employer borrowers most successful with community banks: study

PPP non-employer borrowers most successful with community banks: study Small businesses without employees were most successful in obtaining Paycheck Protection Program funding from community banks...

Aug 06, 2021
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Article
Crisis Preparedness Lending

CFPB updates mortgage servicing small entity compliance guide

CFPB updates mortgage servicing small entity compliance guide The Consumer Financial Protection Bureau updated its Mortgage Servicing Small Entity Compliance Guide to include guidance on the 2021...

Aug 06, 2021
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Article
Compliance Compliance

CFPB interpretive rule re: Juneteenth 2021

CFPB interpretive rule re: Juneteenth 2021 The Consumer Financial Protection Bureau issued an interpretive rule to address certain time-sensitive borrower protections related to the treatment of...

Aug 06, 2021
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Article
Compliance

August recess offers opportunity to connect with Congress

August recess offers opportunity to connect with Congress The best way to influence policymakers is to get in front of them in-person, according to the Congressional Management Foundation and the...

Aug 05, 2021
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Article
Advocacy

ICBA: Congress needs to examine credit union-community bank acquisitions

ICBA: Congress needs to examine credit union-community bank acquisitions ICBA urged the Senate Banking Committee to re-examine the anti-competitive effect from the surge in credit union...

Aug 04, 2021
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Article
Credit Unions

Regulators provide state of the industry report to Congress

Regulators provide state of the industry report to Congress Agency heads from the FDIC, OCC, and the NCUA provided a state of the industry update during testimony before the Senate Banking...

Aug 04, 2021
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Article
Advocacy Technology Fintech Regulation

ICBA, others seek comment extension on third-party guidance

ICBA, others seek comment extension on third-party guidance ICBA and other groups requested a 30-day comment extension on proposed interagency guidance designed to help banks manage risks...

Aug 02, 2021
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Article
Technology Fintech Regulation

CFPB: Debt collection rules effective Nov. 30

CFPB: Debt collection rules effective Nov. 30 The Consumer Financial Protection Bureau said two final rules issued under the Fair Debt Collection Practices Act will take effect as planned on Nov....

Aug 02, 2021
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Article
Compliance

House committee advances LIBOR, de novo bills

House committee advances LIBOR, de novo bills The House Financial Services Committee this week advanced key ICBA-supported LIBOR and de novo bills. The House Financial Services Committee advanced...

Jul 30, 2021
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Article
De Novo Banks

SBA issues rule to expedite PPP forgiveness

SBA issues rule to expedite PPP forgiveness The SBA issued an interim final rule designed to speed up the forgiveness process for Paycheck Protection Program loans of $150,000 or less. The SBA...

Jul 29, 2021
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Article
Advocacy Crisis Preparedness