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Vanessa Hanson Joins ICBA Marketing and Communications Department as Director of Digital and Social Engagement

Vanessa Hanson Joins ICBA Marketing and Communications Department as Director of Digital and Social Engagement The Independent Community Bankers of America (ICBA), announced today the hire of...

Jul 01, 2021
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Article

HUD proposes restoring ‘disparate impact’ rule

HUD proposes restoring ‘disparate impact’ rule The Department of Housing and Urban Development recently proposed rescinding its 2020 rule interpreting the Fair Housing Act’s "disparate impact"...

Jun 30, 2021
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Article
Compliance

Blog: Faster payments have arrived — now what?

Blog: Faster payments have arrived — now what? The pandemic has accelerated the implementation of instant payments and the need for community banks to have a strategy in place, according to the...

Jun 18, 2021
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Article
Payments

HMDA relief reflected in 2020 reporting data

HMDA relief reflected in 2020 reporting data The Federal Financial Institutions Examination Council released 2020 Home Mortgage Disclosure Act data showing the impact of regulatory relief on HMDA...

Jun 18, 2021
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Article
Compliance Mortgage Rules Housing Finance/GSEs

ICBA Provides Tips for Preventing Elder Financial Abuse

ICBA Provides Tips for Preventing Elder Financial Abuse June 15 is World Elder Abuse Awareness Day, and the Independent Community Bankers of America and its subsidiary, the Senior Housing Crime...

Jun 15, 2021
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Article
Advocacy

Ohio Community Banker to Chair ICBA Reinsurance Board of Directors

Ohio Community Banker to Chair ICBA Reinsurance Board of Directors ICBA Reinsurance, the captive reinsurance company of the Independent Community Bankers of America, today announced the election of...

Jun 14, 2021
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Article

Basel regulators begin vetting crypto capital rules

Basel regulators begin vetting crypto capital rules The Basel Committee on Banking Supervision published a public consultation document with preliminary proposals for the prudential treatment of...

Jun 11, 2021
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Article
Digital Assets

FS-ISAC Coronavirus Update, June 11, 2021

FS-ISAC Coronavirus Update, June 11, 2021 As the G7 summit kicks off, the US has pledged 500 million doses of vaccine to be given to lower-income countries to help combat the coronavirus pandemic....

Jun 11, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Fed outlines instant payments fraud considerations

Fed outlines instant payments fraud considerations The Federal Reserve released an article on fraud management considerations to evaluate when preparing for instant payments The Federal Reserve...

Jun 10, 2021
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Article
Data Security/Fraud Payments

IRS issues another 2.3M EIPs

IRS issues another 2.3M EIPs The IRS said it disbursed more than 2.3 million additional Economic Impact Payments over the past two weeks. The latest batch includes those with official payment dates...

Jun 10, 2021
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Article
Advocacy Crisis Preparedness Lending

FS-ISAC Coronavirus Update, June 9, 2021

FS-ISAC Coronavirus Update, June 9, 2021 Declines in US Covid-19 cases, emergency department visits, hospital admissions and deaths were largest in age groups that were most vaccinated. according...

Jun 09, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

ICBA to Congress: Postal banking not the answer

ICBA to Congress: Postal banking not the answer ICBA told Congress that postal banking is not the solution to reaching more unbanked Americans and lawmakers should reject such proposals. ICBA told...

Jun 10, 2021
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Article
Government Banks Postal Service Banking

FS-ISAC Coronavirus Update, June 10, 2021

FS-ISAC Coronavirus Update, June 10, 2021 The seven-day average of daily US infections held below 15,000 as of Tuesday, according to data compiled by Johns Hopkins University, down 17% from a week...

Jun 10, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Crapo challenges new bank IRS reporting proposal

Crapo challenges new bank IRS reporting proposal Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) pushed back against a Biden administration proposal that would require financial...

Jun 09, 2021
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Article
Lending

ICBA continues push against House ‘true lender’ repeal

ICBA continues push against House ‘true lender’ repeal ICBA and other groups again urged in a joint letter to House members their opposition to a Senate-passed resolution to repeal the OCC’s “true...

Jun 09, 2021
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Article
Lending

Swap guidance continues LIBOR transition

Swap guidance continues LIBOR transition A Commodity Futures Trading Commission panel recommended best practices for switching interdealer trading conventions from LIBOR to the Secured Overnight...

Jun 09, 2021
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Article
Lending

CFPB issues FAQ on EFT and Reg E

CFPB issues FAQ on EFT and Reg E The Consumer Financial Protection Bureau issued frequently asked questions on unauthorized transfer and error resolution provisions under the Electronic Fund...

Jun 08, 2021
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Article
Compliance Compliance

IRS begins contacting families on Child Tax Credit

IRS begins contacting families on Child Tax Credit The IRS said it started sending letters to more than 36 million American families who may be eligible to receive monthly Child Tax Credit payments...

Jun 08, 2021
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Article
Taxes & Budget

ICBA releases new elder abuse awareness resources

ICBA releases new elder abuse awareness resources ICBA released customizable resources to help community banks recognize World Elder Abuse Awareness Day next week. ICBA released customizable...

Jun 08, 2021
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Article
Advocacy

FS-ISAC Coronavirus Update, June 8, 2021

FS-ISAC Coronavirus Update, June 8, 2021 People who have been vaccinated against coronavirus are more than 90% protected against infection and, if they do become infected, they have milder disease...

Jun 08, 2021
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Article
Advocacy Operational Risk Crisis Preparedness