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Boston Fed Encourages Tokenization Collaboration
Boston Fed Encourages Tokenization Collaboration Federal Reserve Bank of Boston researchers encouraged stakeholders to continue collaborating on the development of payment tokenization. Noting that...
FinCEN Wants to Talk BSA Reporting with Hurricane-Affected Banks
FinCEN Wants to Talk BSA Reporting with Hurricane-Affected Banks The Financial Crimes Enforcement Network said financial institutions affected by Hurricane Florence should contact FinCEN and their...
Facebook Breach Affects 50M Users
Facebook Breach Affects 50M Users Facebook announced a security breach affecting nearly 50 million accounts. Facebook announced a security breach affecting nearly 50 million accounts. Attackers...
‘Tax Reform 2.0’ Passes House
‘Tax Reform 2.0’ Passes House The House passed legislation to permanently extend the lower individual tax rates included in the tax reform law signed late last year. Known as “Tax Reform 2.0,” the...
Chelsea Groton Bank Named a Winner of the 2018 Top Workplaces Award for Third Straight Year
Chelsea Groton Bank Named a Winner of the 2018 Top Workplaces Award for Third Straight Year Chelsea Groton Bank has been awarded a 2018 Top Workplaces honor by The Hartford Courant, for the third...
Wolters Kluwer Announces Interoperability with RSA Archer to Provide Regulatory Data Feed
Wolters Kluwer Announces Interoperability with RSA Archer to Provide Regulatory Data Feed Enhances Institutions’ Access to Regulatory Change Management Content Wolters Kluwer today announced the...
ICBA to IRS: Maximize Sub S Access to Tax Deduction
ICBA to IRS: Maximize Sub S Access to Tax Deduction ICBA and other banking groups called on the IRS to reconsider its approach to implementing the Tax Cuts and Jobs Act’s 20 percent tax deduction...
Crestmark Closes 18 Transactions Totaling More Than $46.9 Million in the First Half of August
Crestmark Closes 18 Transactions Totaling More Than $46.9 Million in the First Half of August Crestmark secured a total of $46,935,891 in financial solutions with 18 transactions for 14 new...
Lenders Increasingly Ready for Single Security: Survey
Lenders Increasingly Ready for Single Security: Survey Fannie Mae and Freddie Mac said mortgage lenders are increasingly familiar with their plan to begin issuing a common mortgage-backed security...
Automated Systems, Inc. Announces Gold Level Envision Partner Status
Automated Systems, Inc. Announces Gold Level Envision Partner Status Automated Systems, Inc. (ASI), a leading provider of core banking software for community banks, announced its status as a Gold...
Tell HUD to Amend Disparate-Impact Rule
Tell HUD to Amend Disparate-Impact Rule ICBA is urging community bankers to tell the Department of Housing and Urban Development to amend its fair lending disparate-impact rule to meet the...
Chelsea Groton Bank Proudly Introduces A Switch Hotline
Chelsea Groton Bank Proudly Introduces A Switch Hotline In order to assist individuals and families in switching to a better banking experience, Chelsea Groton Bank is pleased to introduce a new...
OneRD Guaranteed Loan Rule
OneRD Guaranteed Loan Rule The USDA Rural Development Innovation Center is working to combine four guaranteed loan programs under a single regulation. This rule will improve agency efficiency in...
USDA Details Trade Payments Alongside Mexico Deal
USDA Details Trade Payments Alongside Mexico Deal The USDA released details of it's plans to protect farmers from foreign trade retaliation. The department has authorized $12 billion for several...
Roselle Bank Begins Renovations of Operations Center
Roselle Bank Begins Renovations of Operations Center Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has begun renovating its operations center, located at 108...
Agencies Advance 18-Month Exam Cycle
Agencies Advance 18-Month Exam Cycle Federal regulators issued interim final rules to enact an ICBA-advocated provision of the S. 2155 regulatory relief law expanding eligibility for the 18-month...
Farm Bill Conference Schedules Public Meeting
Farm Bill Conference Schedules Public Meeting House and Senate Agriculture Committee leaders scheduled the first public meeting of the farm bill conference committee. The meeting is scheduled for...
Fannie, Freddie Ending Rental-Market Expansion
Fannie, Freddie Ending Rental-Market Expansion Fannie Mae and Freddie Mac are ending their expansion into the single-family rental market, the Federal Housing Finance Agency said. The enterprises...
United Bankers’ Bank Promotes Mary Williams to SVP, Chief Operations Officer
United Bankers’ Bank Promotes Mary Williams to SVP, Chief Operations Officer United Bankers’ Bank (UBB) has promoted Mary Williams to SVP, Chief Operations Officer, effective August 6. Williams...
ICBA Collecting Stories on Benefits of S. 2155
ICBA Collecting Stories on Benefits of S. 2155 ICBA is asking community bankers to share how passage of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) is helping their...