Search Articles
Unlimited Webinar Pass
One price for the whole bank
ICBA Reviewing Fed Discussion Paper on U.S. Central Bank Digital Currency
Washington, D.C. (Jan. 21, 2022) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Federal Reserve Board’s new...
CFPB to examine colleges’ in-house lending practices
The Consumer Financial Protection Bureau said it will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students.
Fed issues expected FedNow pricing approach
The Federal Reserve released its anticipated pricing approach for its FedNow instant payments service ahead of next year’s launch. Pricing: The Fed said it expects the FedNow Service fee schedule...
Joint Trades Statement on CFPB Request for Information on Fees
Joint Trades Statement on CFPB Request for Information on Fees Washington, D.C. (Jan. 26, 2022) — The following statement was issued by the American Bankers Association, Bank Policy Institute,...
ICBA-CISA launching series of cybersecurity exercises
ICBA-CISA launching series of cybersecurity exercises ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a first-of-its-kind series of exercises in February and May to...
FinCEN proposes SAR-sharing pilot program
2022-01-25 FinCEN proposes SAR-sharing pilot program The Financial Crimes Enforcement Network proposed establishing a limited-duration pilot program for sharing suspicious activity reports, in...
Fed issues long-awaited CBDC discussion paper
Fed issues long-awaited CBDC discussion paper The Federal Reserve Board released a long-awaited discussion paper that examines the pros and cons of a potential U.S. central bank digital currency,...
ACH Network volume rises 6.1% in Q4
2022-01-21 ACH Network volume rises 6.1% in Q4 ACH Network volume increased 6.1% in the fourth quarter of 2021 from a year earlier, Nacha reported. Details: There were 7.5 billion ACH payments...
CFPB study: Depositories lead on supplier diversity
CFPB study: Depositories lead on supplier diversity A Consumer Financial Protection Bureau study on diversity and inclusion in the financial services sector found depository lenders had the...
Community Banks to Gather in San Antonio for ICBA LIVE 2022
Register today for the Independent Community Bankers of America’s national convention, ICBA LIVE 2022 — the largest, most comprehensive educational event for the nation’s community bankers.
ICBA Announces Nominations for 2022-23 Board of Directors
ICBA today announced the nominees to serve on its 2022-23 board of directors. ICBA’s current board will vote on the nominations during ICBA LIVE 2022 which is scheduled for Feb. 27-March 3, 2022,...
CFPB announces settlement on consumer task force
2022-01-18 CFPB announces settlement on consumer task force The Consumer Financial Protection Bureau settled a lawsuit alleging that its Taskforce on Federal Consumer Financial Law did not comply...
OCC’s Hsu: Crypto regulation would support innovation
Acting Comptroller of the Currency Michael Hsu warned that stablecoins are at risk of experiencing the equivalent of a bank run and called for stricter regulation to promote stability.
New education session set for ICBA LIVE
2022-01-13 New education session set for ICBA LIVE ICBA introduced a new educational session for the Edge Stage at ICBA LIVE 2022, slated for Feb. 27-March 3 in San Antonio. Education Sessions:...
Congressional pushback on SBA direct lending continues
Congressional pushback on SBA direct lending continues House Small Business Committee Ranking Member Blaine Luetkemeyer (R-Mo.) on Wednesday continued speaking out against ICBA-opposed efforts to...
CFPB to focus on credit card market competition
The Consumer Financial Protection Bureau said it is looking to ensure there is robust and fair competition in the credit card market as debt rises following pandemic declines.
House Republican joins ILC push as co-sponsor
ICBA-advocated legislation to close the industrial loan company loophole added a House Republican co-sponsor.
Postal banking pilot lands just six sales: report
An ICBA-opposed U.S. Postal Service pilot program to test postal banking has served just six individuals since it quietly launched in September, according to a new report. Latest: Government...
Biden nominates three to round out Fed board
Biden nominates three to round out Fed board President Joe Biden announced three nominations to fill openings on the Federal Reserve Board. Nominees: Biden nominated: Former Fed Governor, Deputy...
FS-ISAC breaks down cyber incident reporting
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report details when and how to report cyber incidents to the federal government. Details: Available on...
Supreme Court blocks employer vaccine mandate
The Supreme Court blocked the Biden administration’s vaccine-or-test mandate for private companies with 100 or more employees.
ICBA Names Nicole Neumann Assistant Vice President of Member Relations
The Independent Community Bankers of America today announced the hire of Nicole Neumann as assistant vice president of member relations.
FDIC, FinCEN hosting digital identity tech sprint
FDIC, FinCEN hosting digital identity tech sprint The FDIC and Financial Crimes Enforcement Network announced a tech sprint to develop solutions that will help financial institutions and regulators...
Agency advisory warns of Russian cyber threats
Federal agencies issued a joint cybersecurity advisory on understanding and mitigating Russian state-sponsored cyber threats to U.S. critical infrastructure. Details: Issued by the Cybersecurity...
ICBA 2022 ThinkTECH Accelerator Program Launches
ICBA in partnership with The Venture Center, and the State of Arkansas today officially unveiled its fourth annual ICBA ThinkTECH Accelerator cohort during a virtual kickoff event focused on...
TCM Bank N.A., promotes three leaders to executive level positions
TCM Bank announced the promotions of three Terri Howard as executive vice president and chief people officer, C.J. Littrell as executive vice president and chief operating officer and David...
2022 ThinkTECH Accelerator launches today
2022 ThinkTECH Accelerator launches today The 2022 ICBA ThinkTECH Accelerator Program kicks off today with a virtual event to formally introduce the 2022 cohort and launch the immersive 12-week...
Cannabis banking champion won’t seek reelection
House Subcommittee on Consumer Protection and Financial Institutions Chairman Ed Perlmutter (D-Colo.) announced on Monday that he will not seek reelection this fall, renewing the urgency to pass...
Emerging leader nominations now open
2022-01-12 Emerging leader nominations now open ICBA Independent Banker opened nominations for its 2022 “40 Under 40: Emerging Community Bank Leaders” awards. Details: The awards recognize...
1071 comment letters due tomorrow
1071 comment letters due tomorrow Comments on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements are due tomorrow, Jan. 6. Submitting Comments: ICBA’s 1071...
2022 ThinkTECH Accelerator virtual kickoff next week
2022-01-05 2022 ThinkTECH Accelerator virtual kickoff next week Community bankers can join forward-thinking innovators for the 2022 ICBA ThinkTECH Accelerator Program kickoff next week. Details:...
1071 comment letters due Thursday
1071 comment letters due Thursday Comments on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements are due this Thursday, Jan. 6. Submitting Comments: ICBA’s...
ICBA on American Banker podcast: New IRS reporting still a threat
2021-12-17 ICBA on American Banker podcast: New IRS reporting still a threat ICBA continues its battle against the IRS bank reporting proposal, ICBA’s Paul Merski says on a new American Banker...
ICBA Urges Fed to Accelerate Flow of FedNow Information
ICBA Urges Fed to Accelerate Flow of FedNow Information Community banks need data to ensure successful FedNow launch in 2023 Washington, D.C. (Dec. 13, 2021) — The Independent Community Bankers of...
2022 ThinkTECH Accelerator kicks off tomorrow
2022-01-10 2022 ThinkTECH Accelerator kicks off tomorrow The 2022 ICBA ThinkTECH Accelerator Program kicks off tomorrow with a virtual event to introduce the 2022 cohort and launch the rigorous...
Vaccine mandate effective today unless high court steps in
Vaccine mandate effective today unless high court steps in The Biden administration’s vaccine-or-test mandate for employers with 100 or more employees is scheduled to take effect today unless the...
FS-ISAC offers security training guide
2022-01-10 FS-ISAC offers security training guide The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report focuses on setting up security awareness...
FDIC releases call report materials
FDIC releases call report materials The FDIC released materials pertaining to call reports for the Dec. 31, 2021, report date, which are generally due by Sunday, Jan. 30. Update: Institutions that...
ICBA Bancard announces management promotions
ICBA Bancard announced management promotions for Rebecca Kruse who was named executive vice president and chief operating officer and Dina Mickens who was promoted to vice president and manager of...
Bank of Charles Town Automates Commercial Lending with Jack Henry’s All-Digital Loan Origination Platform
MONETT, Mo., Jan. 4, 2022 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced today that Bank of Charles Town (BCT) is collaborating with Jack Henry Lending to digitize its...
ICBA Urges CFPB to Expand Exemptions from 1071 Reporting Rules
ICBA today called on the Consumer Financial Protection Bureau to exempt more community banks and small businesses from its proposal to implement new small-business loan data collection and...
ICBA Announces Staff Promotions
ICBA Announces Staff Promotions Washington, D.C. (Jan. 6, 2022) — The Independent Community Bankers of America (ICBA) today announced several staff promotions in recognition of their efforts to...
Credit union acquisition of Nebraska community bank denied
The Nebraska Department of Banking and Finance denied an application by $7.9 billion-asset GreenState Credit Union in North Liberty, Iowa, to acquire $395 million-asset Premier Bank in Omaha....
CFPB: Credit bureaus top consumer complaints
CFPB: Credit bureaus top consumer complaints More than half of all consumer complaints received by the Consumer Financial Protection Bureau from January 2020 through September 2021 were directed at...
ICBA: GSE disclosures key, but conservatorship must be addressed
ICBA said that while it supports robust financial disclosures for Fannie Mae and Freddie Mac, it is concerned that the government-sponsored enterprises seem to be in a perpetual conservatorship....
CFPB updates HMDA, TILA asset thresholds
CFPB updates HMDA, TILA asset thresholds The Consumer Financial Protection Bureau issued two annual threshold adjustment final rules under the Home Mortgage Disclosure Act and Truth in Lending Act,...
ICBA Statement on Community Bank Leverage Ratio Guidance
ICBA continues advocating an extension of CBLR relief Washington, D.C. (Dec. 22, 2021) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following...
ICBA updates marketing communications toolkit for 2022
ICBA updates marketing communications toolkit for 2022 ICBA updated its complimentary "Tell Your Story" Marketing Communications Toolkit for 2022 to help community banks plan for the year ahead....
1071 comment letter deadline nears
The deadline for ICBA’s grassroots comment letter campaign on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements is rapidly approaching. Deadline: Community...
New ICBA podcast recaps opposition to Omarova nomination
New ICBA podcast recaps opposition to Omarova nomination The latest episode of ICBA’s Communities of Innovation podcast focuses on ICBA’s public opposition to professor Saule Omarova’s nomination...
OSHA updates employer mandate compliance dates following court ruling
The Occupational Safety and Health Administration updated the compliance dates for its COVID-19 vaccine mandate for employers with 100 or more employees following a court ruling allowing it to...
New ICBA podcast focuses on fraud prevention
New ICBA podcast focuses on fraud prevention The third episode of ICBA’s Communities of Innovation podcast focuses on fraud-prevention strategies and partnerships. Details: In the latest edition of...
OCC issues revised HMDA exam procedures
OCC issues revised HMDA exam procedures The OCC issued revised interagency Home Mortgage Disclosure Act examination procedures for determining HMDA compliance. The new procedures update interagency...
Court rules in favor of employer vaccine mandate
2021-12-20 Court rules in favor of employer vaccine mandate A federal appeals court ruled that the Biden administration’s COVID-19 vaccine mandate for employers with 100 or more employees may...
Complete 1071 grassroots resources available
Complete 1071 grassroots resources available ICBA offers comprehensive resources for its grassroots comment letter campaign on the Consumer Financial Protection Bureau’s 1071 data collection and...
OCC seeks feedback on climate principles for large banks
2021-12-17 OCC seeks feedback on climate principles for large banks The OCC requested feedback on draft principles designed to help identify and manage climate-related financial risks at...
Agencies adjust CRA asset thresholds
Agencies adjust CRA asset thresholds Federal regulators announced the annual adjustment to Community Reinvestment Act thresholds. Effective Jan. 1, the “small bank” or “small savings association”...
ICBA, The Venture Center Announce 2022 Fintech Cohort Lineup for Kickoff Event
ICBA and The Venture Center, in partnership with the State of Arkansas, will formally introduce the 11 growth-stage fintech companies selected for the 2022 ICBA ThinkTECH Accelerator program.
Senate, House continue pushback on SBA direct lending
Senate, House continue pushback on SBA direct lending ICBA’s grassroots campaign against efforts to authorize SBA direct lending under its 7(a) loan program got a boost Tuesday in the Senate and...
McWilliams denies including merger review vote in FDIC minutes
2021-12-15 McWilliams denies including merger review vote in FDIC minutes FDIC Chairman Jelena McWilliams denied a request by Consumer Financial Protection Bureau Director Rohit Chopra to include...