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New resource spotlights six phases of FedNow journey

The Federal Reserve released a guide on the six phases of the FedNow Service journey. The document shows key activities and decisions for organizations to prepare for and go live with FedNow.

Jan 30, 2023
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Article
Instant Payments

ICBA Supports Federal Actions to Mitigate Nonbank Risks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s federal actions to help mitigate the risks posed by crypto-asset firms.

Jan 27, 2023
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Article
Digital Assets Technology Fintech Regulation

ICBA announces passing of former chief executive Ken Guenther

ICBA is mourning the passing of former ICBA President and CEO Ken Guenther, who died Wednesday. Guenther’s fierce passion for community banking has served as an inspiration for many in the industry.

Jan 27, 2023
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Article
Community Bank Awareness

NCUA extends credit union interest rate ceiling

The National Credit Union Administration board voted to extend the 18% interest rate ceiling for loans made by federal credit unions through Sept. 10, 2024.

Jan 27, 2023
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Article
Credit Unions

ICBA Names Stephanie Foster as Director, ThinkTECH Accelerator

ICBA today announced the hire of Stephanie Foster as director, ThinkTECH Accelerator. Foster serves in a newly created position following ICBA’s announced plans to bring its highly successful...

Jan 25, 2023
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Article
Technology

ICBA Shares Tips on How to Protect Your Financial Information

In recognition of Data Privacy Week, the Independent Community Bankers of America (ICBA) is reminding consumers of practical steps to help safeguard their sensitive data and protect against losses...

Jan 23, 2023
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Article
Cybersecurity

Senators echo concerns with CDFI application change

Senate Banking Committee members Mark Warner (D-Va.) and Mike Crapo (R-Idaho) encouraged the Treasury Department to consider all comments responding to its proposal to revise Community Development...

Jan 23, 2023
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Article
Community Development Financial Institution (CDFI)

FHFA announces Fannie, Freddie fee updates

Fannie Mae and Freddie Mac will reduce their upfront fee for commingled securities to 9.375 basis points after announcing a 50-point fee last year, the Federal Housing Finance Agency announced.

Jan 20, 2023
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Article
Secondary Mortgage Market Secondary Mortgage Market