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ICBA honors National Community Bank Service Award recipients

ICBA announced the winners of the 2024 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local communities.

Sep 06, 2024
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Article

ICBA 2024 National Community Bank Service Award Recipients Recognized for Community Impact and Dedication

ICBA today announced the winners of its 2024 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift their...

Sep 05, 2024
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Article

ICBA: Credit unions are violating the limits established by Congress

After the announcement of the 15th credit union acquisition of a community bank this year, ICBA said the acquisition trend shows credit unions have expanded beyond the limits established by...

Sep 05, 2024
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Article
Credit Unions

ICBA: Proposed expansion of Fedwire/NSS operating hours not necessary

ICBA said the Federal Reserve’s proposed expansion of Fedwire Funds Service and National Settlement Service hours to 22 hours per day, seven days a week would place significant burdens on community...

Sep 05, 2024
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Article
Federal Reserve

Latest Acquisition of Tax-paying Community Bank Comes Amid Increased Attention to Credit Union Tax Exemption

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 15th acquisition of a tax-paying bank by a tax-exempt...

Sep 04, 2024
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Article
Credit Unions

ICBA Supports Acting Comptroller Michael Hsu’s Remarks on Supervising the Largest Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on Acting Comptroller of the Currency Michael Hsu’s remarks on evolving...

Sep 04, 2024
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Article

OCC’s Hsu: Supervision must contend with more large banks

Supervision must adapt to the growth of the largest banks, Acting Comptroller of the Currency Michael Hsu said.

Sep 04, 2024
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Article

FBI: North Korea targeting crypto industry

Teams of North Korean malicious cyber actors are targeting specific decentralized finance or cryptocurrency-related businesses with social engineering to gain unauthorized access to the companies’...

Sep 04, 2024
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Article
Digital Assets

FDIC publishes CRA exam schedules

The FDIC issued the lists of institutions scheduled for a Community Reinvestment Act examination during the fourth quarter of 2024 and first quarter of 2025.

Sep 03, 2024
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Article

ICBA recognizes National Preparedness Month

ICBA recognized National Preparedness Month in September by issuing tips to help Americans secure their financial documents before disaster strikes.

Aug 30, 2024
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Article
Crisis Preparedness

Banking regulators update IT Examination Handbook

The Federal Financial Institutions Examination Council issued the Development, Acquisition, and Maintenance booklet as part of its Information Technology Examination Handbook.

Aug 30, 2024
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Article

ICBA Shares Financial Preparedness Tips for Consumers as National Preparedness Month Approaches

With National Preparedness Month scheduled for September, the Independent Community Bankers of America (ICBA) and the nation’s community banks urge consumers to take essential steps to bolster...

Aug 29, 2024
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Article

Agencies sunsetting Cybersecurity Assessment Tool

Federal banking regulators said they are sunsetting the Federal Financial Institutions Examination Council the Cybersecurity Assessment Tool on Aug. 31, 2025.

Aug 30, 2024
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Article

ICBA: Bill targeting financial fraud would increase scams

ICBA and other groups told members of Congress that their legislation to shift liability for authorized transactions to financial institutions would increase scams.

Aug 29, 2024
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Article
Fraud

Fed’s Waller: Domestic networks for fast payments need to be developed before international links

Federal Reserve Governor Christopher Waller said global networks for fast payments would have to be founded on well-developed domestic networks or it “could end up being a road to nowhere.”

Aug 29, 2024
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Article
Federal Reserve

SEC files charges against crypto firm

The Securities and Exchange Commission announced that it filed charges against a “crypto bank” that claimed depositors could earn returns “auto-magically.”

Aug 27, 2024
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Article
Digital Assets

CISA warns of Iran-based ransomware attacks

The Cybersecurity and Infrastructure Security Agency, the FBI and the Department of Defense warns of cyber actors known as Pioneer Kitten, UNC757, Parisite, Rubidium, and Lemon Sandstorm are...

Aug 29, 2024
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Article
Cybersecurity

ICBA: Credit union buying stadium naming rights highlights tax inequity

ICBA said that a credit union paying for NFL stadium naming rights is the latest example of how credit unions are violating the limits established by Congress to justify their federal tax exemption.

Aug 28, 2024
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Article
Credit Unions

ICBA: Washington Commanders Stadium Naming Rights Deal Illustrates What Is Wrong with Credit Union Policy

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on today’s announcement from Northwest Federal Credit Union and the...

Aug 27, 2024
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Article
Credit Unions

ICBA LIVE 2025 registration is open

Registration is open for ICBA LIVE 2025, slated for March 11-14 at the Gaylord Opryland Resort & Convention Center in Nashville.

Aug 26, 2024
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Article