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ICBA Introduces BankTech Ventures Investment Fund
ICBA Introduces BankTech Ventures Investment Fund The Independent Community Bankers of America today announced the Initial Closing of a fund launched by BankTech Ventures, LP. The venture capital...
Agencies issue computer incident notification final rule
Agencies issue computer incident notification final rule Federal banking regulators approved a final rule designed to improve the sharing of information about cyber incidents that may affect the...
ICBA issues summary of employer vaccine mandate
ICBA issues summary of employer vaccine mandate ICBA published a summary of the Biden administration’s policy requiring employers with 100 or more employees to ensure their workers are fully...
ICBA: SBA plans should include community bank role
ICBA: SBA plans should include community bank role ICBA told the SBA it should continue partnering with community banks rather than attempting to remove them from the loan origination process. ICBA...
Statement on Federal Reserve Nominations of Jerome Powell, Lael Brainard
Statement on Federal Reserve Nominations of Jerome Powell, Lael Brainard ICBA President and CEO Rebeca Romero Rainey issued a statement on today’s announcement that President Joe Biden intends to...
House passes spending bill without IRS reporting plan
House passes spending bill without IRS reporting plan The House passed its version of the Build Back Better reconciliation bill without numerous ICBA-opposed provisions, including the IRS bank...
Fed officials: Faster tapering may be needed
Fed officials: Faster tapering may be needed Federal Reserve officials discussed the potential need to speed up the tapering of asset purchases in response to rising job gains and inflation....
OCC nominee faces tough questions at Senate hearing
OCC nominee faces tough questions at Senate hearing Community bank opposition to Saule Omarova’s nomination to lead the Office of the Comptroller of the Currency took center stage at a contentious...
ICBA urging grassroots pushback against SBA direct lending plan
ICBA urging grassroots pushback against SBA direct lending plan ICBA is calling on community bankers to continue the campaign opposing proposed changes to the SBA 7(a) loan program contained in the...
Hsu: Agencies planning additional clarity on crypto activities
Hsu: Agencies planning additional clarity on crypto activities Federal banking regulators will soon issue a short statement that describes the recently concluded interagency “crypto sprint,” Acting...
ICBA, state groups oppose Omarova OCC nomination
ICBA, state groups oppose Omarova OCC nomination ICBA and state community banking groups expressed opposition to Cornell University law professor Saule Omarova’s nomination to lead the Office of...
ICBA, groups push for NCUA oversight hearing
ICBA, groups push for NCUA oversight hearing ICBA and other groups called on Congress to hold an oversight hearing on troubling National Credit Union Administration rulemaking activity. ICBA and...
Credit union satisfaction lags banks again: index
Credit union satisfaction lags banks again: index Consumer satisfaction with credit unions lagged banks for the third year in a row, according to a national survey covered by CU Today. Consumer...
ICBA urging grassroots pushback against SBA direct lending plan
ICBA urging grassroots pushback against SBA direct lending plan ICBA is calling on community bankers to continue the campaign opposing proposed changes to the SBA 7(a) loan program contained in the...
Republican senators denounce postal banking pilot
Republican senators denounce postal banking pilot A group of 19 Senate Republicans led by Sen. John Boozman (Ark.) denounced an ICBA-opposed U.S. Postal Service pilot program to test postal...
ICBA-backed updates included in cyber reporting bill
ICBA-backed updates included in cyber reporting bill Lawmakers reached an agreement on bipartisan cyber incident reporting legislation that includes ICBA-advocated updates to avoid excessive...
ICBA to Congress: Extend data security standards to nonbanks
ICBA to Congress: Extend data security standards to nonbanks ICBA called on Congress to extend Gramm-Leach-Bliley Act data security standards to retailers, technology companies, and other parties...
IRS issues November Child Tax Credit payments
IRS issues November Child Tax Credit payments The Treasury Department said families with roughly 61 million eligible children received more than $15 billion in the fifth batch of Advance Child Tax...
House committee Republicans issue CBDC principles
House committee Republicans issue CBDC principles House Financial Services Committee Republicans released principles to guide Congress in evaluating potential proposals for a U.S. central bank...
IRS reporting press push continues
IRS reporting press push continues The community banking industry continued its media push against the IRS bank reporting proposal, which remains a threat even after it was recently left out of the...