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ICBA backs bill promoting de novo bank formation

ICBA backs bill promoting de novo bank formation ICBA voiced its support for new legislation by Rep. Andy Barr (R-Ky.) to kickstart the economic recovery in underserved areas by easing regulations...

Apr 16, 2021
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Article
De Novo Banks

FDIC launches campaign promoting financial inclusion

FDIC launches campaign promoting financial inclusion The FDIC launched a public awareness campaign supporting financial empowerment to educate consumers about the benefits of opening a bank account...

Apr 16, 2021
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Article
Advocacy Crisis Preparedness

FS-ISAC Coronavirus Update, April 16, 2021

FS-ISAC Coronavirus Update, April 16, 2021 The seven-day average of US daily new coronavirus infections is 71,282, according to Johns Hopkins University data, up 8% from one week ago, and overall...

Apr 16, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

House passes cannabis banking safe harbor

House passes cannabis banking safe harbor The House voted 321-101 to pass ICBA-advocated legislation to establish a safe harbor for financial institutions that serve cannabis-related businesses in...

Apr 20, 2021
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Article
Cannabis banking

Lawmakers seek SBA feedback on PPP backlog

Lawmakers seek SBA feedback on PPP backlog A group of House Republicans asked the SBA for information on its backlog of Paycheck Protection Program loan-forgiveness applications. A group of House...

Apr 20, 2021
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Article
Advocacy Crisis Preparedness

ICBA: Climate risk study should preserve housing stability

ICBA: Climate risk study should preserve housing stability Fannie Mae, Freddie Mac, and the Federal Home Loan Banks should take steps to better understand and mitigate climate-related risks in...

Apr 20, 2021
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Article
Advocacy Risk

ICBA Supports House Passage of SAFE Banking Act

ICBA Supports House Passage of SAFE Banking Act The Independent Community Bankers of America issued a statement on the bipartisan House passage of the H.R. 1996, which would establish a safe harbor...

Apr 20, 2021
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Article
Cannabis banking

ICBA Advances Community Banking Policy Priorities

ICBA Advances Community Banking Policy Priorities The Independent Community Bankers of America (ICBA) today released its legislative and regulatory priorities to help these local lenders continue...

Apr 19, 2021
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Article
Advocacy

CISA - Critical Infrastructure Hurricane Response During a Pandemic

CISA - Critical Infrastructure Hurricane Response During a Pandemic The Cybersecurity and Infrastructure Security Agency (CISA) invites you to participate in a webinar discussion on its role and...

Apr 14, 2021
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Article
Advocacy Risk Sector Calls +1 More...

Blog: ThinkTECH Accelerator tripled number of bank participants

Blog: ThinkTECH Accelerator tripled number of bank participants After 12 fully immersive weeks and hundreds of meetings with industry stakeholders, the ICBA ThinkTECH Accelerator 2021 cohort...

Apr 14, 2021
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Article
Technology

Fed outlines vision, key pillars for FedNow Service

Fed outlines vision, key pillars for FedNow Service Federal Reserve Bank Chief Innovation Officer Dan Anthony will outline the agency’s technology strategy and next steps in preparation for the...

Apr 14, 2021
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Article
Federal Reserve

ICBA comments on computer security incident notification requirement

ICBA comments on computer security incident notification requirement ICBA submitted a comment letter in response to a notice of proposed rulemaking requiring banks to notify their primary federal...

Apr 13, 2021
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Article
Cybersecurity

Powell talks economy, digital currencies

Powell talks economy, digital currencies Federal Reserve Chairman Jerome Powell said the economy is at an “inflection point” and could experience rapid growth upwards of 6 percent or 7 percent this...

Apr 13, 2021
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Article
Digital Assets Payments

FDIC seeks input on modernizing sign, ad rules

FDIC seeks input on modernizing sign, ad rules The FDIC said it is seeking input on potentially modernizing its sign and advertising requirements related to FDIC deposit insurance to better reflect...

Apr 12, 2021
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Article
Compliance

Fed issues ‘synthetic identity fraud’ definition

Fed issues ‘synthetic identity fraud’ definition The Federal Reserve issued a recommended definition of “synthetic identity fraud” after convening an industry group. The Federal Reserve issued a...

Apr 09, 2021
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Article
Cybersecurity

IRS disburses another 25M EIPs

IRS disburses another 25M EIPs The IRS and Treasury Department said they are disbursing more than 25 million payments in the fourth batch of Economic Impact Payments under the American Rescue Plan....

Apr 08, 2021
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Article
Advocacy Crisis Preparedness Lending

ICBA expands Financial Literacy Month resources

ICBA expands Financial Literacy Month resources ICBA added more Financial Literacy Month resources to its "Tell Your Story" marketing and communications toolkit to help community banks celebrate in...

Apr 08, 2021
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Article

CFPB reaches settlement with Settlelt

CFPB reaches settlement with Settlelt The Consumer Financial Protection Bureau announced a settlement with Settlelt over allegations that it engaged in unfair acts and practices. The complaint...

Apr 14, 2021
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Article
Compliance

FS-ISAC Coronavirus Update, April 14, 2021

FS-ISAC Coronavirus Update, April 14, 2021 More than two dozen states reacted quickly to Tuesday’s announcement by the Food and Drug Administration and the Centers for Disease Control and...

Apr 14, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Biden to nominate national cyber director and CISA director

Biden to nominate national cyber director and CISA director President Joe Biden announced his intent to nominate Chris Inglis as National Cyber Director and Jen Easterly as the Director of the...

Apr 13, 2021
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Article
Cybersecurity