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OCC: Banks affected by Hurricane Helene can close
The OCC said national banks, federal savings associations, and federal branches and agencies of foreign banks can close in areas of Alabama, Florida, Georgia, and Tennessee affected by Hurricane...
ICBA: Record-tying credit union acquisition comes amid increased scrutiny
Following this year’s 16th credit union acquisition of a community bank — which ties the record for most in a single year — ICBA continued its call for Congress to investigate credit union policies.
Another Community Bank Acquisition by Tax-Exempt Credit Union as Policymakers and Taxpayers Increase Scrutiny
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 16th acquisition of a tax-paying bank by a tax-exempt...
Survey shows rise in sophisticated fraud tactics
Sixty-two percent of institutions reported a rise in sophisticated fraud tactics, according to a new survey by the Center for Payments, Nacha, and ICBA.