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CFPB encourages Homeowner Assistance Fund participation
The Consumer Financial Protection Bureau encouraged mortgage servicers to sign up for Homeowner Assistance Fund programs to help homeowners avoid foreclosure.
FS-ISAC: Global cyber threats to accelerate
FS-ISAC said the rapid digitization of the financial services sector has led to an increase in global cyber threats in 2021, specifically cyberattacks targeting third-party suppliers and critical...
U.S., other nations announce new actions against Russia
The White House announced a new round of international actions against Russia following the invasion of Ukraine.
ICBA to Congress: SBA Direct Lending Would Undermine Successful Programs
ICBA today told Congress that community banks are critical to the success of Small Business Administration lending programs, which should not be undermined by instituting direct SBA lending under...
ICBA testifying today on PPP, other SBA programs
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) today on community bank leadership in lending under the Paycheck Protection Program and other Small Business Administration...
FDIC rescinds pandemic-era Part 363 reporting relief
The FDIC rescinded guidance providing coronavirus-affected financial institutions extra time to file annual reports under Part 363 of the agency's regulations.
Raskin withdraws Fed nomination
Former Federal Reserve Governor Sarah Bloom Raskin withdrew her nomination for Fed vice chair for supervision.
Stablecoins raise policy questions affecting community banks: blog
With the growing volume of stablecoins in circulation drawing increased attention from policymakers and the media, a new ICBA blog post provides an update with implications for community bankers.
ICBA toolkit offers National Ag Week materials
With National Agriculture Day and Week set for next week, ICBA is offering customizable materials community banks can use to celebrate.
Omnibus with ICBA-advocated fixes signed into law
President Joe Biden signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.
ICBA testifying next week on PPP
ICBA is scheduled to testify before Congress next week on community bank leadership in Paycheck Protection Program lending.
Senate passes omnibus with ICBA-advocated fixes
The Senate passed the $1.5 trillion omnibus to fund the government through Sept. 30 with ICBA-advocated provisions related to the SBA’s 504 loan program, LIBOR, and cyber incident reporting.
Task force updates AML-deficiency jurisdictions
Task force updates AML-deficiency jurisdictions The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML,...
CFPB launches rural America initiative
The Consumer Financial Protection Bureau launched an initiative to focus on financial issues facing rural America.
ICBA Examining Executive Order on Digital Assets and Its Impact on Community Banks and Consumers
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the White House’s executive order on digital asset risks and opportunities.
Agencies announce crypto-related charges with executive order on deck
The Securities and Exchange Commission and Commodity Futures Trading Commission announced separate charges related to digital asset-related fraud.
Rounds, Gruenberg, Hsu addressing 2022 Capital Summit
Several speakers are set for the 2022 ICBA Capital Summit, the industry’s premier advocacy event scheduled for May 1-4 in Washington, D.C.
New sanctions target Russian billionaires, disinformation
The Treasury and State departments announced additional sanctions on Russian individuals and companies for supporting the Russian government despite existing sanctions.
Alabama Banker Elected ICBA Chairman
Brad M. Bolton, president, CEO and senior lender of Community Spirit Bank in Red Bay, Ala., was elected chairman of the Independent Community Bankers of America for 2022-23.
ICBA Urges Congress to Ask Credit Union Representatives About Tax Exemption
With representatives from tax-exempt credit unions in Washington this week for meetings with congressional offices, the Independent Community Bankers of America is calling on lawmakers to ask tough...