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CFPB keeps up drumbeat on overdraft fees

After the Consumer Financial Protection Bureau last week extended the deadline to comment on "exploitive junk fees" charged by financial institutions, the bureau published another blog post...

Mar 31, 2022
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Article
Compliance

Treasury Secretary Janet Yellen Speech on Digital Assets Reflects ICBA Priorities

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on Treasury Secretary Janet Yellen’s remarks on digital assets.

Apr 07, 2022
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Article
Cybersecurity Digital Assets Technology

ICBA engaging policymakers amid rising payments emphasis: blog

A new ICBA blog post spotlights the growing policy focus on payments and how ICBA represents community banks’ payments needs.

Apr 07, 2022
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Article
Payments

Minnesota rules against credit union bank acquisitions

A proposed credit union acquisition of a community bank in Minnesota was rejected by the state’s business regulator—the latest state-level roadblock for credit unions.

Apr 07, 2022
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Article
Credit Unions

Banks, Credit Unions and Consumer Groups Call for Passage of Bipartisan Solution to Close ILC Loophole

A broad coalition of bank and credit union associations and consumer organizations today submitted a letter to the U.S. House Committee on Financial Services urging passage of the Close the ILC...

Apr 05, 2022
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Article
Technology Fintech Regulation

ICBA offers Financial Literacy Month resources

ICBA is recognizing Financial Literacy Month this April with a national news release and customizable resources for community bankers on its Tell Your Story toolkit.

Apr 05, 2022
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Article
Financial Literacy

ICBA: Financial Literacy is Key to Establishing Fiscally Responsible Habits

ICBA and the nation’s community banks are encouraging Americans to take control of their financial future and embrace sound money management practices during Financial Literacy Month this April.

Apr 04, 2022
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Article
Financial Literacy

ICBA Celebrates the Community Banking Difference During Community Banking Month

The Independent Community Bankers of America is honoring the contributions of the nation’s nearly 5,000 community banks during April, which is ICBA Community Banking Month.

Mar 31, 2022
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Article
Community Bank Awareness Community Bank Awareness

FDIC issues computer incident notification guidance

The FDIC issued guidance on how banks it supervises can comply with recently established interagency incident notification requirements, effective May 1.

Mar 31, 2022
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Article
Compliance Federal Deposit Insurance Corporation (FDIC)

New blog post spotlights post-pandemic payments trends

ICBA’s latest blog post explores three post-pandemic payments trends and what they mean for community banks.

Mar 30, 2022
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Article
Advocacy Crisis Preparedness Digital Assets

OCC issues computer incident notification points of contact

The OCC issued a bulletin with the designated points of contact banks must use to satisfy recently established interagency incident notification requirements, effective May 1.

Mar 30, 2022
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Article
Compliance

CFPB targets credit card late fees in ‘junk fee’ effort

The Consumer Financial Protection Bureau said credit card issuers charged $12 billion in late fees in 2020 and that many have made these penalties “a core part of their profit model.”

Mar 30, 2022
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Article
Credit Cards

ICBA Bancard is Here to Help

Our mission at ICBA Bancard is to deliver flexible, innovative payments and digital commerce solutions that allow community banks to flourish. To this end, ICBA Bancard’s team is here to help and...

Mar 30, 2022
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Article
Payments

Instant Payments Fraud

Instant, faster, real-time: no matter how you describe the newest sets of payment rails, there are many questions as to how those payments may be protected.

Mar 30, 2022
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Article
Payments Instant Payments

FDIC follows OCC with proposed large-bank climate principles

The FDIC requested public comment on draft principles that would provide a high-level framework for institutions over $100 billion in assets to manage exposures to climate-related financial risks.

Mar 31, 2022
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Article
Advocacy Risk

DeFi platform crypto hack might be largest ever

Decentralized finance platform Ronin Network announced a hack of more than $625 million in cryptocurrencies, possibly the largest crypto hack on record.

Mar 30, 2022
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Article
Cybersecurity Digital Assets

Understanding the What, Why, and How of Instant Payments

As bankers try and digest a steady stream of news related to faster payments, it can be overwhelming to try and keep straight what all the different terms mean, what solutions ride which payment...

Mar 30, 2022
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Article
Payments Instant Payments

Chairman's Column: Asking the Right Questions

As we come to the end of the first quarter of 2022, we’re still in the throes of finding our “new normal,” which is shaping everything from our branch strategy to product innovation. For many,...

Mar 30, 2022
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Article
Payments

NY Fed analysis signals rise in student loan delinquencies

Family Federal Education Loan borrowers, who were not covered by the federal freeze put in place during the pandemic, struggled with their debit payments, and could signal problems ahead for nearly...

Mar 24, 2022
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Article

“PAVE” report outlines pathway to homeownership equity

The Administration announced the release of its Interagency Task Force on Property Appraisal and Valuation Equity report designed to address racial and ethnic bias in the home appraisal process.

Mar 24, 2022
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Article
Mortgage Lending