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Chopra pledges to engage community banks in Senate testimony

Consumer Financial Protection Bureau Director Rohit Chopra told Congress that engaging community banks is one of his key priorities as head of the agency.

Apr 27, 2022
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Article
Community Bank Awareness

Deadline today for Capital Summit registration

The deadline to register for the 2022 ICBA Capital Summit is today, April 22. The industry’s premier advocacy event is scheduled for May 1-4 in Washington, D.C.

Apr 22, 2022
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Article

ICBA ThinkTECH Accelerator Demo Day Showcases the Future of Community Banking Innovation

The Independent Community Bankers of America® (ICBA) and The Venture Center, in partnership with the State of Arkansas, today hosted the fourth annual ICBA ThinkTECH Accelerator Demo Day.

Apr 20, 2022
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Article

ICBA updates ILC loophole white paper

Ahead of this week’s Capital Summit, ICBA updated its white paper detailing why policymakers should close a legal loophole that allows industrial loan companies and their parent companies to skirt...

May 02, 2022
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Article
Lending

Hsu calls for stablecoin standard-setting initiative

Hsu calls for stablecoin standard-setting initiative Acting Comptroller of the Currency Michael Hsu issued a statement calling for a joint effort to develop standards for stablecoin...

Apr 28, 2022
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Article
Digital Assets

Senate approves Brainard for Fed vice chair

The Senate voted 52-43 to approve Federal Reserve Governor Lael Brainard’s nomination for Fed vice chair.

Apr 27, 2022
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Article
Federal Reserve

Banking Associations Raise ‘Significant Concerns’ with Proposed Changes to Fed Master Account Guidelines

A coalition of banking associations responded today to the Board of Governors of the Federal Reserve as it seeks to establish guidelines for how institutions applying for a Fed master account will...

Apr 22, 2022
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Article
Payments Technology Fintech Regulation

OCC penalizes converted crypto bank

The OCC issued a consent order against Anchorage Digital Bank, one of the first crypto firms to receive conditional approval for a national trust charter.

Apr 22, 2022
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Article
Cybersecurity Digital Assets Technology

ICBA, groups urge flexibility for MDI, CDFI program

ICBA and other groups called on the Treasury Department to exercise flexibility in Emergency Capital Investment Program participation.

Apr 20, 2022
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Article
Capital

ICBA ThinkTECH Demo Day on Wednesday

The 2022 ICBA ThinkTECH Accelerator Program’s Demo Day is scheduled for this week to present participants’ solutions tailored for community banks.

Apr 18, 2022
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Article

ICBA offers Small Business Week custom resources

ICBA released customizable resources community bankers can use to commemorate Small Business Week, which is scheduled for May 2-6.

Apr 20, 2022
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Article
Community Bank Awareness

CFPB report on rural challenges doesn’t account for reg burden

The Consumer Financial Protection Bureau issued a report on the challenges faced by Americans in rural communities.

Apr 20, 2022
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Article
Consumer Financial Protection Bureau (CFPB) Agriculture

Michael Barr tapped as Fed vice chair for supervision

President Joe Biden announced his intent to nominate former Treasury official Michael Barr as the next Vice Chair for Supervision of the Federal Reserve.

Apr 18, 2022
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Article
Federal Reserve

ICBA: BNPL non-bank providers should face greater reg scrutiny

Regulatory scrutiny of Buy Now Pay Later programs should focus on non-supervised institutions that don’t need to comply with the same rules as banks, and may end up harming customers, ICBA’s...

Apr 18, 2022
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Article
Payments

FS-ISAC covers Russian threats, data center cyber risk

The Financial Services Information Sharing and Analysis Center’s most recent weekly risk summary report covers the latest threats from the Russia-Ukraine conflict; Octo, a new Android banking...

Apr 15, 2022
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Article
Cybersecurity

ICBA “dashboard” updates advocacy efforts for Q2

ICBA’s second quarter “Advocacy in Action” government relations dashboard recaps key issues at the forefront and offers an update on efforts to advance ICBA’s policy positions before Congress and...

Apr 14, 2022
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Article

ICBA issues custom op-ed on credit union-bank acquisitions

ICBA issued a customizable op-ed that community bankers can use to raise awareness of credit union acquisitions of community banks.

Apr 14, 2022
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Article
Credit Unions

ICBA accepting service awards nominations

ICBA this month is accepting submissions for the 2022 National Community Bank Service Awards.

Apr 15, 2022
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Article

Join the ICBA ThinkTECH Accelerator Virtual Showcase on April 20

The Independent Community Bankers of America and The Venture Center will host the 2022 Virtual Demo Day, a culmination of the 2022 ICBA ThinkTECH Accelerator program’s 16-week incubator and...

Apr 12, 2022
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Article

ICBA Wins Association Trends Award for Campaign Opposing IRS Bank Reporting Proposal

The Independent Community Bankers of America® (ICBA) earned an Association Trends 2022 TRENDY Award for its campaign opposing a plan to require banks to report customer account information to the IRS.

Apr 11, 2022
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Article
Advocacy Taxes & Budget