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ICBA updates advocacy dashboard with top priorities

ICBA updated its “Advocacy in Action” government relations dashboard for the first quarter with the latest community banking advocacy successes and priorities.

Jan 17, 2023
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Article
Advocacy

CFPB updates mortgage servicing exam procedures

The Consumer Financial Protection Bureau released updated mortgage servicing examination procedures for use by CFPB examiners.

Jan 19, 2023
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Article
Compliance

OCC details civil money penalty adjustment

The OCC issued a bulletin on its adjustment to the maximum amount of each civil money penalty within its jurisdiction.

Jan 18, 2023
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Article
Compliance

ICBA Offers New Digital Transformation Series to Support Community Banks in their Innovation Journeys

The Independent Community Bankers of America (ICBA) announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH innovation programming.

Jan 17, 2023
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Article
Technology

‘Tell Your Story’ Toolkit offers resources for 2023

ICBA’s complimentary "Tell Your Story" Marketing Communications Toolkit offers new and updated resources to help community banks plan for the year ahead.

Jan 17, 2023
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Article
Marketing

FinCEN issues alert on human smuggling at southwest border

The Financial Crimes Enforcement Network issued an alert to support financial institutions in detecting financial activity related to human smuggling along the southwest border of the United States.

Jan 17, 2023
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Article
Compliance

ICBA Names Chris Gully Assistant Vice President of Member Relations

ICBA today announced the hire of Chris Gully as AVP of member relations. In this role he will work with ICBA’s member relationship officers to educate existing and prospective members about ICBA...

Jan 13, 2023
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Article

CFPB proposes nonbank registry of form contract terms

The Consumer Financial Protection Bureau proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it or leave it” form contracts.

Jan 12, 2023
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Article
Compliance

FinCEN requests comment on beneficial ownership information reporting

The Financial Crimes Enforcement Network today is slated to request public comments on two notices related to beneficial ownership information reporting, with comments due by March 20.

Jan 17, 2023
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Article
Technology Fintech Regulation

OCC issues revised fair lending booklet

The OCC issued a revised version of the “Fair Lending” booklet of the Comptroller’s Handbook.

Jan 13, 2023
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Article
Compliance

House Financial Services subcommittee chairs named

House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced the panel’s subcommittees, chairs, and jurisdiction for the 118th Congress.

Jan 13, 2023
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Article
Congressional Matters

Register for ICBA LIVE 2023: the Largest Networking Event for the Nation’s Community Bankers

Register for ICBA LIVE 2023: the Largest Networking Event for the Nation’s Community Bankers Register today for the Independent Community Bankers of America’s (ICBA) national convention, ICBA LIVE...

Jan 10, 2023
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Article

CFPB planning ‘pre-rule’ overdraft activity: agenda

The Biden Administration’s Office of Information and Regulatory Affairs published the regulatory agencies’ fall 2022 rulemaking agenda.

Jan 06, 2023
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Article
Compliance

CFPB accepting HMDA data submissions

The Consumer Financial Protection Bureau said its filing period for Home Mortgage Disclosure Act data collected in 2022 opened on Jan. 1. Submissions will be considered timely if received on or...

Jan 05, 2023
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Article
Compliance

ICBA Announces Nominations for 2023-24 Board of Directors

The Independent Community Bankers of America (ICBA) today announced the nominees to serve on its 2023-24 board of directors.

Jan 12, 2023
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Article

USDA expands eligibility for emergency programs

The USDA’s Farm Service Agency expanded eligibility and enhanced available benefits for several programs that provide support following natural disasters.

Jan 11, 2023
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Article
Agriculture Climate Risk

Fed’s Bowman: Regulators shouldn’t hinder crypto innovation

Federal Reserve Governor Michelle Bowman said that while crypto-assets can pose significant risks to consumers and the financial system, regulators should avoid hindering innovation.

Jan 11, 2023
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Article
Digital Assets Technology

Powell: Fed climate responsibilities narrow

Federal Reserve Chair Jerome Powell said the Fed has narrow responsibilities regarding climate-related financial risks, while broader climate policies should be made by elected officials.

Jan 11, 2023
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Article
Climate

ICBA to SBA: Don’t Add Unregulated Fintechs to Federal Loan Program

ICBA reiterated its call for the Small Business Administration to maintain its long-standing moratorium on the number of non-federally regulated institutions, including nonbank fintech companies,...

Jan 06, 2023
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Article
Technology Fintech Regulation

Banking agencies issue new crypto guidance

Federal banking regulators issued a statement highlighting key crypto risks for banking organizations and describing the agencies’ approaches to supervision in this area.

Jan 04, 2023
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Article
Compliance