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ThinkTECH Accelerator slots still available

ThinkTECH Accelerator slots still available Community bankers can schedule virtual visits this month and next with 2022 ICBA ThinkTECH Accelerator program participants. Community bankers can...

Feb 14, 2022
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Article
Technology

Senate hearing next week on stablecoins

Senate hearing next week on stablecoins The Senate Banking Committee scheduled a hearing for next week on the President’s Working Group on Financial Markets report on stablecoins. The Senate...

Feb 11, 2022
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Article
Digital Assets Technology

CFPB issues QM fact sheet on certain adjustable-rate loans

The Consumer Financial Protection Bureau released a fact sheet on the interest rate used to calculate prepaid interest for qualified mortgages under the price-based General QM definition.

Feb 24, 2022
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Article
Compliance

CFPB launches review of automated appraisal models

The Consumer Financial Protection Bureau released an outline of options to strengthen oversight of computer models used to help determine home valuations.

Feb 24, 2022
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Article
Compliance

ICBA offers America Saves Week resources

ICBA’s Tell Your Story Marketing and Communications Toolkit offers a customizable news release and social media graphics to help community banks recognize America Saves Week this week.

Feb 23, 2022
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Article
Community Bank Awareness

OCC issues FAQs on CRA rescission

The OCC issued responses to frequently asked questions about its December 2021 final rule that rescinded its June 2020 Community Reinvestment Act rule and reinstated the 1995 interagency CRA rule.

Feb 23, 2022
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Article
Compliance Community Reinvestment Act (CRA)

ICBA Provides Savings Tips for Consumers During America Saves Week, Feb. 21-25

During America Saves Week, the Independent Community Bankers of America (ICBA) offers consumers savings tips as they work towards building a secure financial future.

Feb 22, 2022
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Article
Community Bank Awareness

What to know about crossing a CRA asset threshold

A new ICBA issue brief breaks down what community banks need to know about moving into a new Community Reinvestment Act asset-size categorization.

Feb 22, 2022
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Article
Community Reinvestment Act (CRA)

Executive order on crypto policy coming next week: report

The Biden administration is reportedly expected to release an executive order on regulating digital assets next week.

Feb 18, 2022
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Article
Digital Assets Technology

New blog post offers key takeaways of Fed CBDC papers

A new ICBA blog post spotlights the key community banker takeaways of recent Federal Reserve reports on the possibility of a future U.S. central bank digital currency.

Feb 18, 2022
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Article
Digital Assets Technology

Blog: How new BIN standards affect community banks

The latest blog post from ICBA Bancard President and CEO Tina Giorgio spotlights new Bank Identification Number standards taking effect in April.

Feb 18, 2022
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Article
Payments

ThinkTECH Accelerator slots still available

Community bankers can schedule virtual visits this month and next with 2022 ICBA ThinkTECH Accelerator program participants.

Feb 18, 2022
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Article
Technology

New blog post offers key takeaways of Fed CBDC papers

A new ICBA blog post spotlights the key community banker takeaways of recent Federal Reserve reports on the possibility of a future U.S. central bank digital currency.

Feb 17, 2022
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Article
Digital Assets

ICBA advocates bills supporting MDIs, CDFIs

ICBA expressed support for several pending House bills designed to support minority depository institutions and community development financial institutions.

Feb 17, 2022
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Article
Minority Owned Depository Institutions (MDI)

ICBA raises concerns with Basel climate risk paper

ICBA expressed concerns with a Basel Committee on Banking Supervision document on bank management and supervisory oversight of climate risk.

Feb 17, 2022
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Article
Risk

ICBA to OCC: Avoid One-Size-Fits-All Climate Principles

ICBA applauded the OCC for tailoring its proposed climate-related financial risk management principles to banks over $100 billion in assets, though the association expressed concerns that examiners...

Feb 15, 2022
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Article
Advocacy Risk

ICBA to Senate: Oppose Postal Banking Amendments

The Independent Community Bankers of America called on senators to oppose amendments to the Postal Service Reform Act of 2022 (H.R. 3076) that would authorize the U.S. Postal Service to offer...

Feb 15, 2022
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Article
Government Banks Postal Service Banking

ICBA urges senators to oppose postal banking amendments

ICBA urges senators to oppose postal banking amendments ICBA called on senators to oppose amendments to the Postal Service Reform Act of 2022 (H.R. 3076) that would authorize the U.S. Postal...

Feb 15, 2022
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Article
Government Banks Postal Service Banking

ICBA offers plan for modernizing BSA rules

ICBA laid out its plan for the Financial Crimes Enforcement Network to modernize its outdated Bank Secrecy Act framework to alleviate compliance burdens while producing more useful information for...

Feb 15, 2022
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML) Cybersecurity Technology

Cybersecurity exercises start tomorrow

Cybersecurity exercises start tomorrow ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting tomorrow to support community bank...

Feb 14, 2022
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Article
Cybersecurity Technology

CFPB: Banks already changing overdraft policies

CFPB: Banks already changing overdraft policies The Consumer Financial Protection Bureau said there has been a “notable trend” of banks changing overdraft programs as the bureau begins targeting...

Feb 11, 2022
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Article
Compliance

ICBA, CISA cybersecurity exercises start next week

ICBA, CISA cybersecurity exercises start next week ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting next week to support...

Feb 11, 2022
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Article
Cybersecurity

House meeting next week on MDIs, CDFIs

House meeting next week on MDIs, CDFIs The House Financial Services Committee is scheduled to meet next week for a hearing on federal support for minority depository institutions and community...

Feb 11, 2022
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Article
Minority Owned Depository Institutions (MDI)

PPP borrowers may request reviews of partial forgiveness decisions

PPP borrowers may request reviews of partial forgiveness decisions Paycheck Protection Program borrowers may request an SBA loan review of partial forgiveness decisions issued by their PPP lenders,...

Feb 08, 2022
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Article
Advocacy Crisis Preparedness

ICBA urges Senate to retain House-passed cannabis bill

ICBA urges Senate to retain House-passed cannabis bill ICBA called on the Senate to advance a House-passed amendment to establish a cannabis banking safe harbor, which community bankers can...

Feb 08, 2022
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Article
Cannabis banking

House again passes cannabis banking safe harbor

The House passed legislation with an ICBA-advocated amendment to establish a cannabis banking safe harbor, which community bankers can call on the Senate to pass.

Feb 07, 2022
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Article
Cannabis banking

ICBA set for 2022 Capital Summit

Registration is open for the 2022 ICBA Capital Summit, the industry’s premier advocacy event scheduled for May 1-4 in Washington, D.C.

Feb 07, 2022
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Article

New ICBA podcast covers finding, keeping talent

New ICBA podcast covers finding, keeping talent The latest episode of ICBA’s Communities of Innovation podcast focuses on recruiting and retaining top bank talent in today’s competitive job market....

Jan 28, 2022
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Article

As House panel meets, ICBA urges coordinated crypto approach

As House panel meets, ICBA urges coordinated crypto approach Policymakers should take a comprehensive, coordinated regulatory approach to stablecoins and other digital assets, ICBA told the House...

Feb 09, 2022
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Article
Cybersecurity Digital Assets Technology

ICBA to FinCEN: Drop beneficial owner reporting mandate

ICBA to FinCEN: Drop beneficial owner reporting mandate With the Financial Crimes Enforcement Network now required to collect beneficial ownership information directly from reporting companies, it...

Feb 09, 2022
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Article
Cybersecurity Data Security/Fraud Technology

Taxpayer group continues push for credit union transparency

Taxpayer group continues push for credit union transparency The National Taxpayers Union encouraged key congressional committees to consider whether credit unions should continue to be exempt from...

Feb 09, 2022
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Article
Credit Unions

ICBA Urges Senate to Retain House-Passed SAFE Banking Act in Conference

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House’s latest passage of legislation to establish a cannabis banking...

Feb 07, 2022
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Article
Cannabis banking

ICBA Capital Summit set for May 1-4

ICBA Capital Summit set for May 1-4 Registration is open for the 2022 ICBA Capital Summit, the industry’s premier advocacy event scheduled for May 1-4 in Washington, D.C. Registration is open for...

Feb 04, 2022
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Article

Cannabis banking amendment added to COMPETES Act

Cannabis banking amendment added to COMPETES Act The House included an ICBA-advocated bill establishing a cannabis banking safe harbor as an amendment to a pending legislative package. The House...

Feb 04, 2022
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Article
Cannabis banking

Regulators to Share Views on Community Bank Innovation at ICBA ThinkTECH Accelerator Event

The Independent Community Bankers of America (ICBA), in partnership with The Venture Center, will host a one-day virtual summit for policymakers and the 2022 ICBA ThinkTECH Accelerator fintech...

Feb 03, 2022
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Article

ICBA, CISA cybersecurity exercises start this month

ICBA, CISA cybersecurity exercises start this month ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting this month to support...

Feb 03, 2022
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Article
Cybersecurity Technology

Senate hearing today on Fed nominees

Senate hearing today on Fed nominees The Senate Banking Committee is scheduled to meet at 8:45 a.m. (Eastern time) today, Feb. 3, for a hearing on President Joe Biden’s three nominations to fill...

Feb 03, 2022
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Article
Federal Reserve

FDIC expands #GetBanked campaign

FDIC expands #GetBanked campaign The FDIC announced it will expand its #GetBanked public awareness campaign into the Los Angeles, Dallas, and Detroit metro areas after launching it last year in...

Feb 03, 2022
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Article
Community Bank Awareness

Postal commission indicates banking pilot violated law

Postal commission indicates banking pilot violated law The Postal Regulatory Commission is pressing the U.S. Postal Service on why it didn’t seek the commission’s approval before launching an...

Feb 02, 2022
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Article
Government Banks Postal Service Banking

ICBA, groups to Fed: Reconsider interchange proposal

ICBA, groups to Fed: Reconsider interchange proposal ICBA and other groups called on the Federal Reserve Board to reconsider its proposal to reopen regulations governing debit card interchange fees...

Feb 02, 2022
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Article
Interchange Payments