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FDIC announces relief for California banks

The FDIC announced regulatory relief to facilitate recovery in areas of California affected by wildfires and straight-line winds.

Jan 14, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

FDIC’s Hill: ‘Crushing’ compliance costs hurt community banks

Overzealous and misguided supervision contributes to crushing compliance costs for community banks, according to FDIC Vice Chairman Travis Hill.

Jan 13, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

Independent Banker: Top CEO challenge is growing deposits

More than half of community bank executives say their biggest challenge in 2025 is growing deposits, according to the latest Independent Banker magazine.

Jan 10, 2025
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Article

Fed’s Bowman urges tailored community bank regulations

Regulators should support the banking system with a more pragmatic approach, including tailoring regulations to the size of the bank, Federal Reserve Governor Michelle Bowman said.

Jan 10, 2025
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Article
Agencies/Regulators 

ICBA Names Peter Nelson Senior Executive Vice President of Member Engagement

The Independent Community Bankers of America® (ICBA) today announced Peter Nelson as senior executive vice president of member engagement. Nelson will assume his new duties on Feb. 10 and will lead...

Jan 09, 2025
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Article

'40 Under 40' nominations open

Independent Banker magazine recently opened nominations for its 2025 “40 Under 40: Community Bank Leaders” awards.

Jan 13, 2025
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Article

CFPB proposes to expand EFTA coverage to digital assets, video games

The CFPB proposed an interpretive rule on how Regulation E and the Electronic Fund Transfer Act apply to emerging payment mechanisms, such as stablecoins and digital assets that operate as a medium...

Jan 13, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

House panel names vice chair, subcommittee chairs

House Financial Services Committee Chairman French Hill (R-Ark.) announced the panel’s vice chairman, subcommittees chairs, vice chair for communications, and committee whip for the 119th Congress.

Jan 10, 2025
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Article
Congressional Matters