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ICBA continues grassroots push on several bills

While Congress is out for the Presidents’ Day recess, ICBA continues calling on community bankers to use its Be Heard grassroots action center to urge lawmakers to support several pro-community...

Feb 20, 2024
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Article
Grassroots/Be Heard

ICBA Celebrates Success of Regulator and Core Days in Advancing Community Banking Innovation

The Independent Community Bankers of America® (ICBA) recently celebrated the successful conclusion of two important events during its current ThinkTECH Accelerator cohort (AP6), Regulator Day and...

Feb 16, 2024
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Article
Payments

Durbin announces hearing on credit card routing bill

With Senate Judiciary Committee Chair Dick Durbin (D-Ill.) announcing a hearing on ICBA-opposed legislation to impose credit card routing restrictions, ICBA is calling on community bankers to urge...

Feb 14, 2024
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Article
Compliance Interchange

Waller discounts crypto, Chinese threats to dollar dominance

Federal Reserve Governor Christopher Waller said he does not expect the U.S. dollar to lose its status as the world's reserve currency due to challenges from cryptocurrencies and the Chinese renminbi.

Feb 16, 2024
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Article
Digital Assets

Fed’s Bowman: Policymakers have key role in payments improvements

The pursuit of improvements in the payments system to expand access to the financial system must avoid the temptation to exclusively rely on new technology, Federal Reserve Governor Michelle Bowman...

Feb 16, 2024
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Article

FDIC committee on misconduct encourages outreach

More than 350 people have contacted the law firm conducting an independent review of the FDIC’s workplace culture, according to the FDIC board’s special committee overseeing the review.

Feb 16, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA endorses bill to coordinate beneficial ownership rulemakings

ICBA called on Congress to advance legislation to coordinate and strengthen recent Financial Crimes Enforcement Network anti-money laundering rulemakings.

Feb 15, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

Barr: No signs of liquidity problems in banking system

A single bank missing its revenue expectations and increasing its provisioning does not change the fact that the overall banking system is strong, Federal Reserve Vice Chair for Supervision Michael...

Feb 15, 2024
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Article

Vilsack testifies as farm bill questions loom

Agriculture Secretary Tom Vilsack testified before the House Agriculture Committee as questions loom about the timing of a new farm bill.

Feb 15, 2024
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Article
Agriculture

ICBA PAC auction tickets available

Tickets are available for ICBA PAC’s 35th Annual Auction Fundraiser, which is scheduled for Saturday, March 16, during ICBA LIVE in Orlando.

Feb 15, 2024
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Article

ICBA Opens Center for Innovation in Atlanta

The Independent Community Bankers of America® (ICBA) today announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank...

Feb 14, 2024
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Article
Technology Fintech Innovation

ICBA seeking referrals for seventh ThinkTECH Accelerator

ICBA is now accepting applications for its seventh ThinkTECH Accelerator program, which promotes growth-stage companies that serve or wish to serve community banks and their customers.

Feb 14, 2024
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Article
Payments

FinCEN proposes BSA standards for investment advisers

The Financial Crimes Enforcement Network issued a proposed rule to add investment advisers to the list of businesses classified as “financial institutions” under the Bank Secrecy Act.

Feb 14, 2024
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML) Financial Crimes Enforcement Network (FinCEN)

ICBA seeking referrals for seventh ThinkTECH Accelerator

ICBA is now accepting applications for its seventh ThinkTECH Accelerator program, which promotes growth-stage companies that serve or wish to serve community banks and their customers.

Feb 13, 2024
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Article

Op-ed: Credit union CRA exemption helped sink Navy Federal

Had Navy Federal Credit Union been subject to the Community Reinvestment Act, it might have avoided reputation disaster with reports of its discriminatory lending, according to a new op-ed.

Feb 13, 2024
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Article
Credit Unions

Agency council issues exam principles on valuation discrimination

The Federal Financial Institutions Examination Council issued a statement of principles related to valuation discrimination and bias for member agencies to consider when examining financial...

Feb 13, 2024
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Article
Federal Financial Institutions Examination Council (FFIEC) Compliance

ICBA supports bill to coordinate FinCEN rulemakings

ICBA today is calling on Congress to advance legislation to coordinate and strengthen recent Financial Crimes Enforcement Network anti-money laundering rulemakings.

Feb 14, 2024
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Article
Financial Crimes Enforcement Network (FinCEN) Fintech Regulation

ICBA, state groups to FDIC: Withdraw corporate governance proposal

ICBA and state community banking associations expressed strong opposition to the FDIC’s proposed corporate governance and risk management guidelines for covered institutions with $10 billion or...

Feb 12, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA continues grassroots push on several bills

ICBA is calling on community bankers to use its Be Heard grassroots action center to urge Congress to support several pro-community bank bills.

Feb 12, 2024
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Article
Grassroots/Be Heard

ICBA-advocated ‘trigger leads’ bill introduced in House

The House version of bipartisan legislation designed to help protect the financial privacy of mortgage applicants was introduced Thursday.

Feb 09, 2024
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Article
Congressional Matters