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ICBA is slated to hold a complimentary briefing this week on the interagency final rule to reform Community Reinvestment Act regulations.
ICBA Briefing: Scheduled for 3 p.m. (Eastern time) this Thursday, Nov. 16, the briefing will feature an overview of the rule and time for Q&A.
ICBA Summary: ICBA last week released a high-level summary of the nearly 1,500-page rule for banks that qualify under the small, intermediate, and large bank asset thresholds. ICBA also is developing a longer, more comprehensive summary for community bankers.
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ICBA this week is launching a survey on the value of community banks, small-business lending, and the regulatory environment. The survey will inform a forthcoming ICBA report on the impact of recent regulatory changes, including the Consumer Financial Protection Bureau’s Section 1071 rulemaking.
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With Congress working this week to advance funding bills to avoid a government shutdown ahead of Friday’s deadline, ICBA is calling on community bankers to contact their members of Congress on pressing legislative issues.
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Federal Reserve Governor Michelle Bowman reiterated her concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.
ImageNov 13, 2023
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