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FHFA issues fair lending policy statement

FHFA issues fair lending policy statement The Federal Housing Finance Agency issued a policy statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the...

Jul 02, 2021
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Article
Compliance Federal Home Loan Banks (FHLB)

ICBA Proposes Exit Fee on Credit Union Acquisitions of Taxpaying Banks

ICBA Proposes Exit Fee on Credit Union Acquisitions of Taxpaying Banks The Independent Community Bankers of America (ICBA) today urged the Treasury Department to examine abuses of the tax code...

Jul 07, 2021
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Article
Credit Unions

Protecting Against Digital Payments Fraud

Protecting Against Digital Payments Fraud The pandemic has certainly played a role in escalating fraud on a global scale and throughout many payment pathways. The sudden cross-sectioning of these...

Jul 06, 2021
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Article

Take your card portfolio to the next level with affluent cards

Take your card portfolio to the next level with affluent cards As community banks review their card offerings and examine ways to attract more cardholders, one segment meriting a closer look are...

Jul 06, 2021
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Article

Supporting Economic Recovery with Credit Card Rewards Programs

Supporting Economic Recovery with Credit Card Rewards Programs To everything there is a season, or so the market shows via today’s rebounding economic environment. Anxieties around the pandemic...

Jul 06, 2021
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Article

Treasury again extends MDI, CDFI program

Treasury again extends MDI, CDFI program The Treasury Department will again extend the deadline to submit applications under its program to invest $9 billion in Minority Depository Institutions...

Jul 06, 2021
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Article
Minority Owned Depository Institutions (MDI)

Nominations open for Best Community Banks to Work For awards

Nominations open for Best Community Banks to Work For awards ICBA’s Independent Banker magazine opened nominations for its 2021 Best Community Banks to Work For awards. ICBA’s Independent Banker...

Jul 02, 2021
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Article

Fed to launch CECL tool for community banks

Fed to launch CECL tool for community banks The Federal Reserve said it will release a new tool this month to help community banks implement the Current Expected Credit Losses accounting standard....

Jul 02, 2021
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Article
Current Expected Credit Losses (CECL) Audit