Search Articles
FinCEN: Banks lead in reporting mail-related check fraud
The Financial Crimes Enforcement Network said it received more than 15,000 reports from financial institutions on mail theft-related check fraud in the six months after it issued an alert on the...
Agencies issue guidance on Cybersecurity Assessment Tool sunsetting
The FDIC and OCC issued bulletins on last week’s interagency announcement that regulators are sunsetting the Cybersecurity Assessment Tool on Aug. 31, 2025.
CFPB targets rental, medical debt in latest report
The Consumer Financial Protection Bureau issued its annual report to Congress on debt collection, which focuses on medical debt and rental debt.
ICBA: AML/CFT modernization should not expand reg burden
ICBA told the FinCEN that its proposed rule to update anti-money-laundering and countering-the-financing-of-terrorism programs would create additional burdens on banks without benefitting FinCEN’s...
CNBC features opposition to credit union acquisitions of community banks
ICBA’s campaign spotlighting credit union tax and regulatory inequities generated new coverage this week with a CNBC segment on acquisitions of community banks.
ICBA urges CFPB to simplify rule on earned wage access products
ICBA told the Consumer Financial Protection Bureau that its proposed interpretive rule on “earned wage access” products defines “debt” too broadly.
2024 Summer Internship Diaries - Vol. 1
Last week, we began our internship program here at ICBA. Starting a new position is an exciting time, but it comes with challenges that we must face together. The first week is critical, where we...
ICBA honors National Community Bank Service Award recipients
ICBA announced the winners of the 2024 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local communities.
ICBA 2024 National Community Bank Service Award Recipients Recognized for Community Impact and Dedication
ICBA today announced the winners of its 2024 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift their...
ICBA: Credit unions are violating the limits established by Congress
After the announcement of the 15th credit union acquisition of a community bank this year, ICBA said the acquisition trend shows credit unions have expanded beyond the limits established by...
ICBA: Proposed expansion of Fedwire/NSS operating hours not necessary
ICBA said the Federal Reserve’s proposed expansion of Fedwire Funds Service and National Settlement Service hours to 22 hours per day, seven days a week would place significant burdens on community...
Latest Acquisition of Tax-paying Community Bank Comes Amid Increased Attention to Credit Union Tax Exemption
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 15th acquisition of a tax-paying bank by a tax-exempt...
ICBA Supports Acting Comptroller Michael Hsu’s Remarks on Supervising the Largest Banks
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on Acting Comptroller of the Currency Michael Hsu’s remarks on evolving...
OCC’s Hsu: Supervision must contend with more large banks
Supervision must adapt to the growth of the largest banks, Acting Comptroller of the Currency Michael Hsu said.
FBI: North Korea targeting crypto industry
Teams of North Korean malicious cyber actors are targeting specific decentralized finance or cryptocurrency-related businesses with social engineering to gain unauthorized access to the companies’...
ICBA appealing court ruling on CFPB’s 1071 rule
Following a district court decision denying ICBA’s lawsuit challenging the Consumer Financial Protection Bureau’s 1071 small-business rule, ICBA is now appealing the ruling.
FDIC publishes CRA exam schedules
The FDIC issued the lists of institutions scheduled for a Community Reinvestment Act examination during the fourth quarter of 2024 and first quarter of 2025.
ICBA recognizes National Preparedness Month
ICBA recognized National Preparedness Month in September by issuing tips to help Americans secure their financial documents before disaster strikes.
Banking regulators update IT Examination Handbook
The Federal Financial Institutions Examination Council issued the Development, Acquisition, and Maintenance booklet as part of its Information Technology Examination Handbook.
ICBA Shares Financial Preparedness Tips for Consumers as National Preparedness Month Approaches
With National Preparedness Month scheduled for September, the Independent Community Bankers of America (ICBA) and the nation’s community banks urge consumers to take essential steps to bolster...