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CFTC charges head of failed crypto bank with fraud
The Commodity Futures Trading Commission charged the former head of failed crypto brokerage firm Voyager Digital with fraud and registration failures in connection with the digital asset platform.
Payments council releases instant payments operational guide
The U.S. Faster Payments Council released a new resource for banks working to implement instant payments.
ICBA Statement on Today’s CFPB Advisory Opinion
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s guidance from the Consumer Financial Protection Bureau.
Senate hearing tomorrow on CDFIs
The Senate Banking Committee is scheduled to meet tomorrow for a subcommittee hearing on community development financial institutions.
Credit unions labeling themselves community banks: Romero Rainey
Community bankers have for years warned of the expansion of credit union powers, but Navy Federal Credit Union’s new “Community Bank” brand indicates credit unions recognize they’ve gone too far,
ICBA National Campaign Toolkit offers audio materials
The ICBA National Campaign Toolkit features numerous assets for community banks and state partners, including customizable audio ads.
CFPB, DOJ: Law protects credit applicants regardless of immigration status
The Consumer Financial Protection Bureau and Justice Department said in a joint statement that all credit applicants are protected from discrimination under the Equal Credit Opportunity Act,...
ICBA Proposes Solution to Promote Mortgage Affordability
(ICBA), Community Home Lenders of America, and National Association of REALTORS today proposed a solution to reduce historically high long-term mortgage rates relative to long-term Treasury bonds.