Search Articles
Unlimited Webinar Pass
One price for the whole bank
Hsu: Agencies planning additional clarity on crypto activities
2021-11-17 Hsu: Agencies planning additional clarity on crypto activities Federal banking regulators will soon issue a short statement that describes the recently concluded interagency “crypto...
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
2021-11-18 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....
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. Details:...
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 House budget-reconciliation bill. Grassroots: Community bankers...
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
Lawmakers reached an agreement on bipartisan cyber incident reporting legislation that includes ICBA-advocated updates to avoid excessive burdens on community banks. Background: Based on the Cyber...
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
The Treasury Department said families with roughly 61 million eligible children received more than $15 billion in the fifth batch of Advance Child Tax Credit payments, most via direct deposit....
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
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 framework guiding Democratic...
Treasury targets ransomware operators
Treasury targets ransomware operators The Treasury Department announced a new round of coordinated actions as part of the federal government’s response to ransomware. Designations: The Office of...
ICBA continues IRS push in congressional roundtable
ICBA continued pushing back against the IRS reporting proposal during testimony at a House Financial Services Committee Republican roundtable. Roundtable: Wm. Jack Riddle, president of Community...
ICBA releases new innovation podcast
ICBA releases new innovation podcast ICBA released the second podcast in its new Communities of Innovation series on community bank innovation stories and experiences. Details: In the latest...
CFPB targets faulty identity matching practices
The Consumer Financial Protection Bureau issued an advisory opinion affirming that consumer reporting companies engaging in “shoddy name-matching procedures” are violating the law. Details:...
ICBA joining webinar on bank-like credit unions
ICBA joining webinar on bank-like credit unions ICBA Chairman Robert Fisher will participate in a National Taxpayers Union webinar scheduled for next week on the “rise of bank-like credit unions.”...
Hsu: OCC has concluded fintech charter review
Hsu: OCC has concluded fintech charter review The OCC has concluded its review of bank charter applications and crypto-related interpretative letters and will be communicating its findings in the...
ICBA to OCC: Take moderate approach to CRA rescission
2021-11-01 ICBA to OCC: Take moderate approach to CRA rescission ICBA advocated a moderate approach to the OCC’s rescission of its 2020 Community Reinvestment Act final rule and reinstatement of...
IRS: Update income in Child Tax Credit portal
IRS: Update income in Child Tax Credit portal The IRS today is launching a new feature allowing any family receiving monthly Child Tax Credit payments to update their income using the Child Tax...
SBA: $44.8B in 2021 lending through signature programs
2021-11-01 SBA: $44.8B in 2021 lending through signature programs The SBA said its 7(a) and 504 loan programs supported more than 61,000 traditional loans worth $44.8 billion in fiscal 2021. The...
ICBA opposes reconciliation package tax hikes
ICBA opposes reconciliation package tax hikes ICBA expressed strong opposition to certain tax provisions policymakers are considering as part of the Build Back Better reconciliation package....
ICBA to Congress: Extend Data Security Standards to Retailers, Tech Firms
2021-11-03 ICBA to Congress: Extend Data Security Standards to Retailers, Tech Firms Washington, D.C. (Nov. 3, 2021) — The Independent Community Bankers of America (ICBA) today called on Congress...
ICBA testifying today on cyber, data security
ICBA testifying today on cyber, data security ICBA is scheduled to testify at today’s House Financial Services Subcommittee on Consumer Protection and Financial Institutions hearing on cyber and...
Independent Banker focuses on faster payments
2021-11-03 Independent Banker focuses on faster payments This month’s ICBA Independent Banker magazine focuses on the race for faster payments. Details: The November issue covers how community...
Blog: PPP data show community bank lending urgency
Blog: PPP data show community bank lending urgency A new ICBA blog post explores data showing the urgency of community banks’ Paycheck Protection Program response to help save small businesses in...
Regulators recommend bank-like rules for stablecoins
2021-11-02 Regulators recommend bank-like rules for stablecoins The President’s Working Group on Financial Markets issued a long-awaited report spotlighting regulatory gaps in overseeing...
ICBA testifying tomorrow on cyber, data security
ICBA testifying tomorrow on cyber, data security ICBA is scheduled to testify tomorrow on cyber and data security issues before the House Financial Services Committee’s Subcommittee on Consumer...
ICBA Statement on President’s Working Group Stablecoin Report
2021-11-02 ICBA Statement on President’s Working Group Stablecoin Report Washington, D.C. (Nov. 1, 2021)—Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey...
CFPB issues debt collection guidance
CFPB issues debt collection guidance The Consumer Financial Protection Bureau released several guidance documents to help providers prepare for two debt collection final rules taking effect Nov....
ICBA Expands Preferred Service Provider Agreement with Wolters Kluwer to Include iLien Document Management
Washington, D.C. (Nov. 1, 2021 ) — The Independent Community Bankers of America (ICBA) today announced it has expanded its Wolters Kluwer Preferred Service Provider relationship to include its...
Grassroots push continues against reconciliation tax hikes
Grassroots push continues against reconciliation tax hikes With policymakers’ draft framework for the budget reconciliation bill featuring numerous tax increases, ICBA is calling on community...
IRS plan excluded from budget framework — for now
A Biden administration draft framework for the next round of congressional reconciliation discussions leaves out the ICBA-opposed IRS reporting proposal, though ICBA’s campaign against the plan...
FHFA proposes GSE capital disclosures
FHFA proposes GSE capital disclosures The Federal Housing Finance Agency proposed additional public disclosure requirements for Fannie Mae and Freddie Mac’s Enterprise Regulatory Capital Framework....
CFTC head makes push to be primary crypto regulator
The acting head of the Commodity Futures Trading Commission urged Congress to consider granting his agency the authority to be the primary federal regulator for digital assets. Testimony: At a...
ICBA, groups oppose grantor trust rule changes
ICBA, groups oppose grantor trust rule changes ICBA and other business groups urged Congress to reject proposed changes to grantor trust and valuation rules in the Build Back Better reconciliation...
OCC issues revised TILA procedures
The OCC issued revised interagency examination procedures and rescissions for the Truth in Lending Act The updates reflect amendments to Regulation Z, including the new Qualified Mortgage category...
ICBA Statement on IRS Bank Reporting Proposal
ICBA Statement on IRS Bank Reporting Proposal Washington, D.C. (Oct. 28, 2021) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following...
ICBA talks IRS on Fox News as House Dem coalition pushes back
ICBA leaders appeared on Fox News to continue raising awareness of the widely opposed IRS reporting proposal. Interview: On America’s Newsroom with Bill Hemmer, ICBA Chairman Robert Fisher and ICBA...
Webinars feature RTP, FedNow updates
Webinars feature RTP, FedNow updates ICBA and ICBA Bancard next week are kicking off a complimentary webinar series on how community banks can plan for their instant payments journey. Details: The...
ICBA testifies on IRS reporting as Manchin speaks out
ICBA testified against the widely opposed IRS reporting proposal while a key Democratic senator raised objections to the policy. Roundtable: ICBA Chairman Robert Fisher said at a House Ways and...