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Congress should join states in responding to CU bank acquisitions: op-ed
While credit union advocates support credit unions leveraging their tax exemption to acquire community banks, these subsidized transactions harm local communities, ICBA Chairman Brad Bolton writes...
OCC’s Hsu addresses key stablecoin policy considerations
Acting Comptroller of the Currency Michael Hsu identified three key policy issues critical to understanding and shaping the stablecoin system: stability, interoperability, and separability.
ICBA urges CFPB to reduce remittance rule burden
ICBA called on the Consumer Financial Protection Bureau to reduce the regulatory burden of its rule on remittance transfers to avoid disadvantaging community bank customers.
ICBA ThinkTECH Demo Day next week
The 2022 ICBA ThinkTECH Accelerator Program’s Demo Day is scheduled for next week to present participants’ solutions tailored for community banks.
Treasury announces additional Russia sanctions
Treasury’s Office of Foreign Assets Control announced additional sanctions on Russia’s largest banks and individuals connected to top Russian officials.
Video previews next month’s ICBA Capital Summit
A new ICBA video on Twitter previews the 2022 ICBA Capital Summit, scheduled for May 1-4 in Washington, D.C.
ICBA backs bills restricting U.S. CBDC, FedAccounts
ICBA expressed support for Senate and House legislation to restrict the Fed from offering a central bank digital currency or direct FedAccounts to consumers.
Former NCUA official continues pushback on credit union bank purchases
A former National Credit Union Administration official continued an ongoing series of blog posts raising concerns over credit union acquisitions of community banks.