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Independent Banker offers ideas to budget strategically

The 2025 budgeting season will be difficult because of the current interest rate environment, according to a new Independent Banker article, but there are opportunities for community banks to...

Aug 14, 2024
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Article

ICBA: FHFA overstepping with FHLBank inquiry

The Federal Housing Finance Agency does not have the authority to redefine the mission of the Federal Home Loan Banks, ICBA told American Banker.

Aug 12, 2024
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Article
Federal Housing Finance Agency

FDIC announces initial dates for new resolution filings

The FDIC announced initial submission dates for its final rule requiring resolutions plans for banks with at least $100 billion in assets and “informational filings” for banks over $50 billion.

Aug 09, 2024
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Article

FDIC issues notice on asset manager exemption notice

The FDIC issued a Financial Institution Letter on an amended Labor Department rule governing how qualified professional asset managers handle exemption requests under the Prohibited Transaction...

Aug 14, 2024
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Article

Fed’s Bowman: Bankers and regulators aren’t on the same page about M&A

When it comes to process reform for mergers and acquisitions, it can feel like bankers and regulators are living in different worlds, according to Federal Reserve Governor Michelle Bowman.

Aug 13, 2024
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Article

FDIC issues guidance on interactive teller machines

The FDIC issued guidance on whether the use of interactive teller machines at a location other than an established branch facility would require banks to file a domestic branch application.

Aug 12, 2024
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Article

ICBA requests comment extension on bank-fintech arrangements

ICBA and other groups requested a 30-day extension to the comment period for the regulatory agencies’ request for information on bank-fintech arrangements.

Aug 12, 2024
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Article
Fintech Innovation

Independent Banker deciphers FHFA credit score transition

A new Independent Banker article breaks down the Federal Housing Finance Agency’s new credit scoring requirements for Fannie Mae and Freddie Mac and ICBA’s concerns with the models.

Aug 09, 2024
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Article

OCC: Banks affected by Hurricane Debby can close

The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Maryland, North Carolina, South Carolina, Virginia, and...

Aug 09, 2024
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Article
Climate

ICBA urges Congress to advance community bank tax priorities

ICBA urged members of the House Ways and Means Committee Tax Teams to advance several community banking industry tax initiatives as they craft priorities for tax legislation in 2025.

Aug 07, 2024
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Article
Taxes & Budget

Agencies request comment on data collection proposal

Federal financial regulators requested comment on a proposed rule that would establish data standards for certain information collections submitted to the agencies.

Aug 06, 2024
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Article
Compliance

EGRPRA outreach meeting registration closes Friday

ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.

Aug 06, 2024
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Article

ICBA: Fed has discretion to deny master account access

ICBA told a U.S. appellate court that federal law provides the Federal Reserve Banks with the discretion to deny or grant master account access.

Aug 08, 2024
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Article
Federal Reserve

EGRPRA outreach meeting registration closes tomorrow

ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by tomorrow’s deadline.

Aug 08, 2024
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Article

Independent Banker: What community banks can learn from behavioral economics

Research into behavioral economics has generated insights on how consumers make decisions, which can help community banks meet the needs of customers, according to the latest issue of Independent...

Aug 07, 2024
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Article

EGRPRA outreach meeting registration closes Friday

ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.

Aug 07, 2024
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Article
Agencies/Regulators 

FHA publishes final rule on engagement with mortgagors in default

The Federal Housing Administration published a final rule to update a HUD regulation that requires mortgagees to meet in person with borrowers who are in default on their mortgage payments.

Aug 06, 2024
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Article
Compliance

ICBA objects to FCC using Weiss Ratings for access to certain programs

ICBA told the Federal Communications Commission that Weiss Ratings is ill-suited for use as a gatekeeper for certain FCC programs.

Aug 06, 2024
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Article
Federal Communications Commission (FCC)

OCC: Banks in Florida, Georgia affected by Hurricane Debby can close

The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida and Georgia affected by Hurricane Debby.

Aug 06, 2024
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Article

Ohio Community Banker Named TCM Bank Chairman

TCM Bank, N.A., the credit card bank of ICBA Payments, announced the election of new board members.

Jul 17, 2024
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Article
Bank Director/Board Member