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Michael Barr tapped as Fed vice chair for supervision
President Joe Biden announced his intent to nominate former Treasury official Michael Barr as the next Vice Chair for Supervision of the Federal Reserve.
ICBA: BNPL non-bank providers should face greater reg scrutiny
Regulatory scrutiny of Buy Now Pay Later programs should focus on non-supervised institutions that don’t need to comply with the same rules as banks, and may end up harming customers, ICBA’s...
FS-ISAC covers Russian threats, data center cyber risk
The Financial Services Information Sharing and Analysis Center’s most recent weekly risk summary report covers the latest threats from the Russia-Ukraine conflict; Octo, a new Android banking...
ICBA “dashboard” updates advocacy efforts for Q2
ICBA’s second quarter “Advocacy in Action” government relations dashboard recaps key issues at the forefront and offers an update on efforts to advance ICBA’s policy positions before Congress and...
ICBA issues custom op-ed on credit union-bank acquisitions
ICBA issued a customizable op-ed that community bankers can use to raise awareness of credit union acquisitions of community banks.
ICBA accepting service awards nominations
ICBA this month is accepting submissions for the 2022 National Community Bank Service Awards.
Join the ICBA ThinkTECH Accelerator Virtual Showcase on April 20
The Independent Community Bankers of America and The Venture Center will host the 2022 Virtual Demo Day, a culmination of the 2022 ICBA ThinkTECH Accelerator program’s 16-week incubator and...
ICBA Wins Association Trends Award for Campaign Opposing IRS Bank Reporting Proposal
The Independent Community Bankers of America® (ICBA) earned an Association Trends 2022 TRENDY Award for its campaign opposing a plan to require banks to report customer account information to the IRS.
Congress should join states in responding to CU bank acquisitions: op-ed
While credit union advocates support credit unions leveraging their tax exemption to acquire community banks, these subsidized transactions harm local communities, ICBA Chairman Brad Bolton writes...
OCC’s Hsu addresses key stablecoin policy considerations
Acting Comptroller of the Currency Michael Hsu identified three key policy issues critical to understanding and shaping the stablecoin system: stability, interoperability, and separability.
ICBA urges CFPB to reduce remittance rule burden
ICBA called on the Consumer Financial Protection Bureau to reduce the regulatory burden of its rule on remittance transfers to avoid disadvantaging community bank customers.
ICBA ThinkTECH Demo Day next week
The 2022 ICBA ThinkTECH Accelerator Program’s Demo Day is scheduled for next week to present participants’ solutions tailored for community banks.
Treasury announces additional Russia sanctions
Treasury’s Office of Foreign Assets Control announced additional sanctions on Russia’s largest banks and individuals connected to top Russian officials.
Video previews next month’s ICBA Capital Summit
A new ICBA video on Twitter previews the 2022 ICBA Capital Summit, scheduled for May 1-4 in Washington, D.C.
ICBA backs bills restricting U.S. CBDC, FedAccounts
ICBA expressed support for Senate and House legislation to restrict the Fed from offering a central bank digital currency or direct FedAccounts to consumers.
Former NCUA official continues pushback on credit union bank purchases
A former National Credit Union Administration official continued an ongoing series of blog posts raising concerns over credit union acquisitions of community banks.
CFPB keeps up drumbeat on overdraft fees
After the Consumer Financial Protection Bureau last week extended the deadline to comment on "exploitive junk fees" charged by financial institutions, the bureau published another blog post...
Treasury Secretary Janet Yellen Speech on Digital Assets Reflects ICBA Priorities
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on Treasury Secretary Janet Yellen’s remarks on digital assets.
ICBA engaging policymakers amid rising payments emphasis: blog
A new ICBA blog post spotlights the growing policy focus on payments and how ICBA represents community banks’ payments needs.
Minnesota rules against credit union bank acquisitions
A proposed credit union acquisition of a community bank in Minnesota was rejected by the state’s business regulator—the latest state-level roadblock for credit unions.