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Treasury push on IRS reporting shows urgency of ICBA campaign

Treasury push on IRS reporting shows urgency of ICBA campaign The Treasury Department and IRS continued pressing Congress to include an ICBA-opposed IRS reporting proposal in the pending budget...

Sep 16, 2021
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Article
Taxes & Budget

ICBA Statement on Fannie, Freddie Preferred Stock Purchase Agreements

ICBA Statement on Fannie, Freddie Preferred Stock Purchase Agreements Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Fannie...

Sep 15, 2021
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Article
Federal Housing Finance Agency Housing Finance/GSEs

IRS proposal draws strong consumer opposition: op-ed

IRS proposal draws strong consumer opposition: op-ed A proposal to require banks to report customer account information to the IRS is eliciting strong consumer opposition, ICBA Secretary Tim Aiken...

Sep 13, 2021
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Article
Taxes & Budget

OSHA developing standards for employer vaccine mandate

OSHA developing standards for employer vaccine mandate The Occupational Safety and Health Administration is expected to release new standards following President Joe Biden’s executive order...

Sep 13, 2021
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Article
Advocacy Crisis Preparedness

New op-ed continues push against IRS reporting plan

New op-ed continues push against IRS reporting plan While Sen. Joe Manchin (D-W.Va.) has raised concerns about the price tag of budget-reconciliation legislation, Americans are speaking out against...

Sep 10, 2021
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Article

Agencies extend comment period on third-party guidance

Agencies extend comment period on third-party guidance Federal regulators announced they will extend the comment period on proposed guidance designed to help banks manage risks associated with...

Sep 08, 2021
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Article
Compliance

ICBA Encourages Consumers to Support Local Businesses During National Small Business Week

ICBA Encourages Consumers to Support Local Businesses During National Small Business Week The Independent Community Bankers of America (ICBA) is lending its voice to the thousands of organizations...

Sep 13, 2021
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Article
Advocacy

CFPB issues HMDA filing guide

CFPB issues HMDA filing guide The Consumer Financial Protection Bureau released the Filing Instructions Guide for Home Mortgage Disclosure Act data. The Consumer Financial Protection Bureau...

Sep 13, 2021
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Article
Compliance

ICBA pushing grassroots on reconciliation tax hikes

ICBA pushing grassroots on reconciliation tax hikes While ICBA’s IRS campaign continues, it is also calling on community bankers to speak out against a comprehensive package of tax increases on...

Sep 10, 2021
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Article
Taxes & Budget

ICBA issues summary on CFPB 1071 proposal

ICBA issues summary on CFPB 1071 proposal ICBA published a summary of the Consumer Financial Protection Bureau’s proposed rule to implement Dodd-Frank Section 1071 data collection and reporting...

Sep 10, 2021
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Article
Compliance

Community bank net income rises 28.7%

Community bank net income rises 28.7% Community banks reported net income growth of 28.7% in the second quarter from the same period last year, according to the FDIC's Quarterly Banking Profile....

Sep 09, 2021
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Article
Advocacy

ICBA urges House panel to reject IRS monitoring plan

ICBA urges House panel to reject IRS monitoring plan Ahead of a House Ways and Means Committee markup starting today, ICBA reiterated its opposition to any proposal that would require banks to...

Sep 09, 2021
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Article
Taxes & Budget Privacy

ICBA issues position paper on climate change regulation

ICBA issues position paper on climate change regulation ICBA released a new position paper on the potential impact of new climate change regulations on community banks. ICBA released a new position...

Sep 09, 2021
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Article
Advocacy Risk

OCC proposes rescinding CRA rule

OCC proposes rescinding CRA rule The OCC issued proposed rules to rescind its May 2020 Community Reinvestment Act rule and replace it with interagency rules adopted in 1995. The OCC issued proposed...

Sep 09, 2021
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Article
Community Reinvestment Act (CRA)

CFPB confirms debt collection rules effective Nov. 30

CFPB confirms debt collection rules effective Nov. 30 The Consumer Financial Protection Bureau issued a Federal Register notice affirming that two debt collection final rules will take effect as...

Sep 08, 2021
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Article
Compliance

ICBA names National Community Bank Service Award recipients

ICBA names National Community Bank Service Award recipients ICBA announced winners of its 2021 National Community Bank Service Awards, which celebrate the outstanding service and creative volunteer...

Sep 03, 2021
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Article

ICBA Talking Points on IRS Reporting Proposal

ICBA Talking Points on IRS Reporting Proposal ICBA has strongly objected to a Biden administration proposal that would require financial institutions to report information on customer bank accounts...

Sep 03, 2021
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Article
Taxes & Budget

ICBA Honors National Community Bank Service Award Recipients

ICBA Honors National Community Bank Service Award Recipients The Independent Community Bankers of America today announced winners of its 2021 National Community Bank Service Awards, celebrating the...

Sep 02, 2021
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Article

ICBA testifies on need for simple PPP forgiveness

ICBA testifies on need for simple PPP forgiveness ICBA told Congress that the Paycheck Protection Program needs a simple, easy-to-use forgiveness process to ensure the program works as intended for...

Sep 02, 2021
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Article
Crisis Preparedness

ICBA: Two-Thirds of Voters Oppose IRS Reporting Plan

ICBA: Two-Thirds of Voters Oppose IRS Reporting Plan Two-thirds of voters (67%) oppose a proposal that would allow the IRS to collect bank account deposit and withdrawal information from American...

Sep 07, 2021
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Article
Taxes & Budget