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Treasury crypto sanctions portend broad regulatory response
Treasury crypto sanctions portend broad regulatory response Financial regulators on Tuesday began cracking down on cryptocurrency exchanges and laid out significant concerns with digital assets....
FinCEN issues online child sexual exploitation notice
FinCEN issues online child sexual exploitation notice The Financial Crimes Enforcement Network issued a notice on increasing online child sexual exploitation. The notice provides financial...
Industrial Loan Company Loophole Necessitates Congressional Scrutiny and Legislative Solution
Industrial Loan Company Loophole Necessitates Congressional Scrutiny and Legislative Solution This morning, the U.S. House Financial Services Subcommittee on Consumer Protection and Financial...
ICBA Urges FDIC to Permanently Raise Regulatory Asset Thresholds
ICBA Urges FDIC to Permanently Raise Regulatory Asset Thresholds The Independent Community Bankers of America today called on the Federal Deposit Insurance Corp. to raise regulatory asset...
SBA: PPP portal tops 1M submissions
SBA: PPP portal tops 1M submissions The SBA said its Paycheck Protection Program Direct Borrower Forgiveness Portal has topped 1 million applications for $17 billion in relief since it launched...
ICBA Statement on Nomination of Saule Omarova for Comptroller of the Currency
ICBA Statement on Nomination of Saule Omarova for Comptroller of the Currency ICBA President and CEO Rebeca Romero Rainey issued the following statement on President Joe Biden’s intent to nominate...
IRS consumer campaign tops 400K messages
IRS consumer campaign tops 400K messages ICBA’s campaign urging consumers to speak out against an IRS reporting proposal topped 400,000 consumer messages to members of Congress, with lawmakers...
ICBA kicks off ad campaign targeting credit unions
ICBA kicks off ad campaign targeting credit unions ICBA launched a print and digital advertising campaign on the credit union tax exemption ahead of a key congressional hearing next week. ICBA...
OCC issues proposal on rescinding CRA rule
OCC issues proposal on rescinding CRA rule The OCC formally published its proposal to rescind its June 2020 Community Reinvestment Act rule and replace it with interagency rules adopted in 1995....
ICBA Urges Agencies to Extend Community Bank Leverage Ratio Flexibility
ICBA Urges Agencies to Extend Community Bank Leverage Ratio Flexibility The Independent Community Bankers of America (ICBA) called on federal banking regulators to extend Community Bank Leverage...
Romero Rainey: Continue IRS reporting push
Romero Rainey: Continue IRS reporting push ICBA President and CEO Rebeca Romero Rainey called on community bankers to continue engaging consumers against a proposal that would require banks to...
ICBA Opposes Proposed Changes to SBA 7(a) Program
ICBA Opposes Proposed Changes to SBA 7(a) Program ICBA President and CEO Rebeca Romero Rainey stated that ICBA and the nation’s community banks strongly oppose legislative proposals to authorize...
Grassroots continues against reconciliation tax hikes
Grassroots continues against reconciliation tax hikes Legislative language released this week contains ICBA-opposed tax increases that community bankers can speak out against. Legislative language...
CISA - Cyber Summit set for October
CISA - Cyber Summit set for October The Cybersecurity and Infrastructure Security Agency announced its upcoming Fourth Annual National Cybersecurity Summit. The series of webinars every Wednesday...
ICBA urges National Flood Insurance Program extension
ICBA urges National Flood Insurance Program extension ICBA and other groups called on congressional leaders to extend the National Flood Insurance Program before it expires on Sept. 30. ICBA and...
Credit union acquisitions demand Washington response: ICBA chairman
Credit union acquisitions demand Washington response: ICBA chairman With the number of credit union-bank acquisitions passing 100, the time has come for policymakers to examine the credit union tax...
Treasury push on IRS reporting shows urgency of ICBA campaign
Treasury push on IRS reporting shows urgency of ICBA campaign The Treasury Department and IRS continued pressing Congress to include an ICBA-opposed IRS reporting proposal in the pending budget...
ICBA Statement on Fannie, Freddie Preferred Stock Purchase Agreements
ICBA Statement on Fannie, Freddie Preferred Stock Purchase Agreements Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Fannie...
Cybersecurity Safety
Cybersecurity Safety What exactly is cybersecurity? Cybersecurity, also known as information technology security, is the practice of protecting electronic systems, data, applications, and networks...
Migrating to 8-Digit BINs
Migrating to 8-Digit BINs As the timeline for 8-digit bank identification number (BIN) migration approaches, it is important to stay up to date on developments and next steps in preparation for the...