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Independent Banker shares top compliance issues of 2024

Guidance and proposed rules from regulatory agencies this year kept community banks on their toes, according to the latest Independent Banker magazine.

Dec 09, 2024
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Article

Forum next week on using tech to protect seniors

ICBA’s ThinkTECH Solutions Forum: AgeTech is scheduled for noon (Eastern time) Thursday, Dec. 12.

Dec 06, 2024
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Article

Treasury sanctions money laundering network using digital assets

The Treasury Department sanctioned five individuals and four entities associated with the TGR Group, an international network of businesses and employees that act on behalf of Russian elites.

Dec 05, 2024
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Article

Agencies seek further comment on regulatory burden

The federal bank regulatory agencies announced the third notice requesting comment to reduce regulatory burden as required by the Economic Growth and Regulatory Paperwork Reduction Act of 1996.

Dec 04, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

CFPB proposes rule on consumer reporting

The Consumer Financial Protection Bureau issued a notice of proposed rulemaking related to consumer reporting and the requirements of the Fair Credit Reporting Act.

Dec 04, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Independent Banker honors best community banks to work for

This month’s Independent Banker magazine recognizes the best community banks to work for, selected by the input of full-time employees.

Dec 03, 2024
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Article

Report: Banking system is sound but faces challenges

The U.S. banking system remains resilient—supported by sound levels of regulatory capital, adequate liquidity buffers, and healthy levels of profitability—but the industry must address emerging...

Dec 09, 2024
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Article
Digital Assets

Romero Rainey, Merski Recognized Among The Hill’s Top Lobbyists for 2024, Showcasing ICBA’s Advocacy Leadership

ICBA President and CEO Rebeca Romero Rainey and Group Executive Vice President of Congressional Relations and Strategy Paul Merski make their seventh consecutive appearance on The Hill’s Top...

Dec 06, 2024
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Article
Advocacy

Independent Banker shares farm bill prospects

A new five-year farm bill will run about 1,000 pages and include a vast array of programs, so the most likely action is an extension of the current bill and possibly an emergency aid package,...

Dec 06, 2024
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Article
Farm Bill

Fiserv chief nominated to lead Social Security

Frank Bisignano—chairman, president, and CEO of Fiserv, a global provider of payments and financial services technology solutions—was nominated by President-Elect Donald Trump to be commissioner of...

Dec 06, 2024
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Article
Government Banks

ICBA: CFPB’s 1071 rule exceeds its authority

The Consumer Financial Protection Bureau’s 1071 small-business rule exceeds the agency’s statutory authority and is arbitrary and capricious, ICBA said in a new court filing.

Dec 05, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Agencies issue statement on financial exploitation of elderly

Five federal financial regulatory agencies and state financial regulators issued a joint statement to provide supervised institutions with examples of risk management that may be effective in...

Dec 05, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

OCC updates unfair practices booklet

The OCC issued version 1.1 of the “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices” booklet of the Comptroller’s Handbook.

Dec 04, 2024
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Article
Compliance

Regulators hosting fair lending webinar today

Federal regulators are slated to host an interagency webinar on fair lending at 2 p.m. (Eastern time) today. The webinar will cover redlining, Community Reinvestment Act rules, the relationship...

Dec 04, 2024
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Article

Fed’s Waller expects rate cuts to continue over next year

Monetary policy is still restrictive and putting downward pressure on inflation without creating undesirable weakness in the labor market, according to Federal Reserve Governor Christopher Waller.

Dec 03, 2024
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Article
Federal Reserve

ICBA Independent Banker Honors 2024 Best Community Banks to Work For Winners

The December cover story of Independent Banker magazine, the award-winning publication of the Independent Community Bankers of America (ICBA), spotlights this year’s Best Community Banks to Work...

Dec 02, 2024
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Article

ICBA op-ed: Megabanks aren't—and never will be—community banks

While some industry watchers might apply the term “community bank” to the nation's largest financial institution, the truth is community banks cannot be replicated by megabanks, ICBA Chairman Lucas...

Dec 02, 2024
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Article

Q4 community bank briefing this month

ICBA this month is hosting a complimentary community bank briefing on key congressional and regulatory developments.

Dec 02, 2024
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Article

FDIC updates Q&As on official signage

The FDIC updated questions and answers related to its final rule governing the usage of official FDIC signs, advertising, name, logo, and more.

Dec 03, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

OCC announces 2025 fees and assessments

The OCC announced its fees and assessments for calendar year 2025.

Dec 02, 2024
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Article
Office of the Comptroller of Currency (OCC)