Search Articles
Unlimited Webinar Pass
One price for the whole bank
CFPB: Fair lending enforcement focused on advanced tech
The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.
Agencies release 2022 HMDA data
The Federal Financial Institutions Examination Council released 2022 Home Mortgage Disclosure Act data for 4,460 U.S. financial institutions.
FHFA publishes Uniform Appraisal Dataset statistics
The Federal Housing Finance Agency published first-quarter Uniform Appraisal Dataset aggregate data. For the first time, the FHFA's UAD Aggregate Statistics include data on residential property...
Task force updates AML-deficiency jurisdiction list
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.
Agencies finalize CRE guidance update
Banking regulators finalized updates to agency guidance on commercial real estate loan accommodations for borrowers.
ICBA ThinkTECH Accelerator Demo Day Highlights the Future of Real-time Payments and Deposit Innovation for Community Banks
The Independent Community Bankers of America (ICBA) hosted its fifth annual ICBA ThinkTECH Accelerator Demo Day, the first since ICBA brought the accelerator program in-house and in its new home in...
OCC releases Cybersecurity Supervision Work Program
The OCC released the Cybersecurity Supervision Work Program, which provides high-level examination objectives and procedures for cybersecurity assessment.
ICBA urging grassroots outreach on credit card routing bill
ICBA is calling on community bankers to urge their members of Congress to oppose legislation to impose routing mandates on credit card transactions.
CFPB issues FAQs on 1071 rule
The Consumer Financial Protection Bureau issued frequently asked questions on its Section 1071 small-business data collection and reporting rule. The FAQs cover which financial institutions,...
ICBA Commends Fed’s Bowman for Remarks on Pending Regulatory Capital Reforms
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Federal Reserve Governor Michelle Bowman’s recent remarks on responsive and...
ICBA backs FTC inquiry on cloud computing providers
ICBA said it supports the Federal Trade Commission’s interest in the role and business practices of cloud service providers, or CSPs.
CFPB accepting Community Bank Advisory Council applications
The Consumer Financial Protection Bureau said it will be accepting applications for membership on the Community Bank Advisory Council and other advisory committees between July 3 and July 16.
Agencies issue 2023 list of CRA geographies
Federal banking regulators issued the 2023 list of distressed or underserved nonmetropolitan middle-income geographies.
Next ICBA ThinkTECH Accelerator application period underway
ICBA is accepting applications for the second ICBA ThinkTECH Accelerator program of 2023 through Thursday, July 15.
CFPB webinar next week on 1071 rule
The Consumer Financial Protection Bureau is hosting a webinar next week on its 1071 rule on small-business lending.
Powell shares personal community banking story in testimony on industry’s importance
Federal Reserve Chairman Jerome Powell pledged to Congress that the Fed would consider the impact on community banks of any new regulatory initiatives.
ICBA, groups raise concerns with new FHFA credit score models
ICBA and other groups raised concerns about a Federal Housing Finance Agency plan for transitioning Fannie Mae and Freddie Mac to new credit score models
ICBA Services Network Announces Appointments to its Community Banker-led Board of Directors
ICBA Services Network, the business-services subsidiary of the Independent Community Bankers of America (ICBA), today announced the election of three community bankers to its board of directors.
ICBA Bancard Names New Mexico Community Banker as Chairman While Michigan Community Banker Joins Board
ICBA Bancard announced the election of Ruth Christopher, board member for Citizens Bank of Las Cruces, N.M., and secretary of its holding company, Amador Bancshares Inc., as chairman of the ICBA...
Fed publishes master account database
The Federal Reserve Board published a database of financial institutions with access to, or requests to access, Federal Reserve Bank master accounts and services.
Senate committee taking up bank executive clawback bill tomorrow
The Senate Banking Committee tomorrow is scheduled to take up legislation that would expand existing regulatory authority to claw back compensation from the executives of certain failed banks.
Fed nominees, Powell appearing at committees this week
In addition to the Senate Banking Committee markup, there are several key committee hearings this week.
FDIC revises guidance on re-presentment fees following ICBA outreach
The FDIC updated its supervisory guidance on multiple re-presentment nonsufficient funds fees to clarify that it will not ask institutions to conduct a lookback review absent a likelihood of...
Join ICBA’s ThinkTECH Accelerator Showcase June 28 & 29
The Independent Community Bankers of America (ICBA) will host a two-day ICBA ThinkTECH Accelerator event featuring cohort graduates, where they will showcase their community bank offerings...
CFPB says it’s working to streamline mortgage-servicing rules
The Consumer Financial Protection Bureau said it will use stakeholder input to propose ways to simplify and streamline mortgage servicing rules.
FDIC issues new cease-and-desist letters on deposit insurance claims
The FDIC issued a new series of letters demanding four nonbank entities cease making false or misleading representations about deposit insurance.
Grassroots continues on 1071, rural lending efforts
ICBA continues calling on community bankers to use its Be Heard grassroots resource center to urge their members of Congress to support resolutions and policies that affect community bankers across...
ICBA and Senior Housing Crime Prevention Foundation Share Tips to Help Prevent Elder Financial Abuse
The Independent Community Bankers of America (ICBA) and its affiliate, the Senior Housing Crime Prevention Foundation (SHCPF), are providing tips for preventing elder financial abuse in recognition...
Pro-Russia hackers planning attacks on financial targets: alert
Pro-Russia hackers are planning to conduct cyberattacks against Western financial targets, including Swift and the Federal Reserve, according to an alert from the U.S. government.
Lawmakers press Chopra on 1071 rule in House hearing
Members of Congress continued to press Consumer Financial Protection Bureau Director Rohit Chopra on the bureau’s ICBA-opposed Section 1071 data-collection rule during a second day of hearings on...
ICBA supports SEC proposal to include more crypto firms in ‘exchange’ definition
ICBA expressed support for a Securities and Exchange Commission proposal confirming that crypto exchanges must follow the same rules of the road as other entities that trade securities.
OCC: Banks should be ‘on balls of their feet’ in monitoring risk
While the overall strength of the federal banking system is sound, banks should be “on the balls of their feet” regarding risk management, the OCC said in its latest Semiannual Risk Perspective.
Chopra: CFPB to solicit 1033 comments in coming months
The Consumer Financial Protection Bureau expects to seek comments on its pending rulemaking to establish standards for sharing consumer financial data in the coming months, CFPB Director Rohit...
Instant Payments and Digital Transformation Go Hand in Hand
At ICBA Bancard, we continue to arm bankers with information and resources to support their instant payments and digital transformation (icba.org/digital-transformation) journeys.
Entering the Era of Instant Payments
On March 15 during the final general session at ICBA LIVE, the Federal Reserve announced that it will launch its much-anticipated FedNow Service in July. With instant payments already a central...
Answering the most common FedNow-related questions
For years, we’ve been waiting in the wings, anticipating the launch of an instant payments service by the Federal Reserve, so it feels surreal to say we’ve arrived.
Credit-Push Fraud: Recognizing the Signs
If you feel like it’s hard to stay on top of payments fraud trends these days, you would not be alone. The introduction of any new payment instrument opens the opportunity for criminals to dupe the...
Chairman's Column: Flipping the Switch - It's Time to Receive Instant Payments
For years, we’ve been waiting in the wings, anticipating the launch of an instant payments service by the Federal Reserve, so it feels surreal to say we’ve arrived.
ICBA, groups urge Congress to oppose credit card routing mandates
ICBA and other groups called on congressional leaders to oppose newly reintroduced legislation to impose routing mandates on credit card transactions.
ICBA seeking candidates for panel on CFPB rulemaking
ICBA is seeking community bankers interested in joining a Small Business Regulatory Enforcement Fairness Act panel to weigh in on a Consumer Financial Protection Bureau rulemaking under the Fair...