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ICBA urges passage of new Senate bill to close ILC loophole

ICBA expressed strong support for the introduction of Senate legislation to close the industrial loan company loophole.

Dec 18, 2023
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Article
Congressional Matters

SEC rejects Coinbase request for crypto framework

The Securities and Exchange Commission denied Coinbase’s request for the agency to develop a new regulatory framework for cryptoasset securities.

Dec 18, 2023
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Article
Digital Assets

CFPB issues overdraft report ahead of proposed rule

The Consumer Financial Protection Bureau issued a report on consumer experiences with overdraft and non-sufficient-fund fees ahead of an expected rulemaking.

Dec 20, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Senate bill would improve supervisory appeals process

ICBA-advocated legislation to improve the bank examination environment through a workable appeals process was introduced in the Senate.

Dec 19, 2023
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Article
Congressional Matters

FDIC board meeting tomorrow on budget, signage

The FDIC scheduled a board meeting for 2 p.m. (Eastern time) tomorrow, Dec. 20.

Dec 19, 2023
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Article

FDIC issues advisory on CRE concentrations

The FDIC issued an advisory to reemphasize the importance of strong capital, appropriate credit loss allowance levels, and robust credit risk-management practices for institutions with commercial...

Dec 19, 2023
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Article

Farm Credit System growth slows in 2023

The Farm Credit Administration board met last week to receive a quarterly report on economic conditions affecting the agricultural economy and Farm Credit System institutions.

Dec 18, 2023
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Article
Farm Credit System (FCS)

ICBA Hosts First ThinkTECH Connect To Showcase Community Bank Innovation

The Independent Community Bankers of America® (ICBA) hosted its first ThinkTECH Connect event, an ICBA event showcasing rapid-fire pitches from 10 emerging fintechs that address community bank pain...

Dec 15, 2023
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Article
Technology