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FinCEN: Banks should remain vigilant to elder financial exploitation

In recognition of World Elder Abuse Awareness Day, the FinCEN reminded financial institutions to remain vigilant in identifying and reporting suspicious activity related to elder financial...

Jun 17, 2024
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Article
Compliance Elder Financial Abuse

Community Bank Briefing for Q2

Join ICBA experts for a quarterly update on industry news and highlights on Thursday, June 27, at 2 p.m. (Eastern time). Register here.

Jun 14, 2024
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Article

CFPB director says a level playing field is needed in CRA modernization

Consumer Financial Protection Bureau Director Rohit Chopra provided his semi-annual report to the House Financial Services Committee. Highlights:

Jun 14, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Survey: Almost all central banks are researching CBDC

Nearly all central banks are researching whether to issue a central bank digital currency, according to a Bank for International Settlements survey.

Jun 17, 2024
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Article
Digital Assets

Biden taps Goldsmith Romero to lead FDIC

President Joe Biden announced his intent to nominate Christy Goldsmith Romero as chair of the Federal Deposit Insurance Corporation.

Jun 14, 2024
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Article

ICBA CRA Solutions offers tips to help prevent elder financial abuse

ICBA and ICBA CRA Solutions released tips for preventing elder financial abuse in recognition of World Elder Abuse Awareness Day on Saturday, June 15.

Jun 13, 2024
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Article
Elder Financial Abuse

Fed holds rates steady, predicts fewer cuts in 2024

The Federal Open Market Committee voted to hold target interest rates steady, due to an uncertain economic outlook and inflation risks.

Jun 13, 2024
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Article

ICBA CRA Solutions Offers Tips to Help Prevent Elder Financial Abuse

The Independent Community Bankers of America (ICBA) and its subsidiary, ICBA CRA Solutions, are providing tips for preventing elder financial abuse in recognition of World Elder Abuse Awareness Day...

Jun 12, 2024
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Article
Elder Financial Abuse

CFPB proposes to ban medical bills from credit reports

The Consumer Financial Protection Bureau proposed a rule that would remove medical bills from most credit reports.

Jun 12, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Chopra lays out CFPB priorities before Congress

Consumer Financial Protection Bureau Director Rohit Chopra described the CFPB’s focus on financial data, medical debt, and credit cards during his semi-annual report to the Senate Banking Committee.

Jun 13, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Boozman releases Senate GOP farm bill framework

Senate Agriculture Committee Ranking Member John Boozman (R-Ark.) released the Senate Republican framework for the next farm bill.

Jun 12, 2024
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Article
Farm Bill

ICBA study: Small-business owners satisfied with community banks, but regulations threaten lending

ICBA released findings from a study showing that while small-business owners prefer community banks, increasingly burdensome and complex regulations threaten to restrict small-business lending.

Jun 11, 2024
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Article

Virtual seminar on analyzing financial statements tomorrow

ICBA is hosting a virtual seminar on financial statements starting at 10 a.m. (Eastern time) tomorrow.

Jun 11, 2024
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Article

Podcast: Banking Transformed

A new episode of the Banking Transformed podcast from ICBA Preferred Service Provider MeridianLink shares actionable insights to boost bank' growth, efficiency, and customer experience.

Jun 11, 2024
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Article

ICBA Study: While 95% of Small-Business Owners Are Satisfied with Community Banks, Regulations Threaten Lending

As community banks and small businesses face increasingly burdensome and complex federal regulations, the Independent Community Bankers of America today released findings from a new study on how...

Jun 10, 2024
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Article
Lending Regulatory Relief Small Business Data Collection (1071)

ICBA requests comment extension on Fedwire schedule change

ICBA requested a 90-day extension to the Federal Reserve Board’s request for comment on expanding Fedwire Funds Service and National Settlement Services operating hours.

Jun 12, 2024
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Article

Credit union bank acquisitions break record halfway through 2024

ICBA-opposed credit union acquisitions of taxpaying community banks have reached an annual record less than halfway through the year, according to a new report.

Jun 10, 2024
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Article
Credit Unions

Simplifying the Path to Homeownership: ICBA Offers Essential Tips for Homebuyers

In celebration of National Homeownership Month, the Independent Community Bankers of America (ICBA) is encouraging current and prospective homeowners to connect with their trusted local community...

Jun 03, 2024
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Article
Community Bank Awareness Mortgage Rules

CFPB launches review of mortgage closing fees

The Consumer Financial Protection Bureau launched a public inquiry into what is driving an increase in mortgage closing costs.

May 31, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Latest Bank Acquisition by Tax-Exempt Credit Union Shows Need for Expansive Congressional Action

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after the latest acquisition of a tax-paying bank by a tax-exempt credit union.

May 31, 2024
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Article
Credit Unions