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Lawmakers urge House hearing on Navy Federal lending practices
House Financial Services Ranking Member Maxine Waters (D-Calif.) and other Democratic committee members urged Chairman Patrick McHenry (R-N.C.) to hold a hearing on reports of discriminatory...
Tax Foundation calls for end of credit union tax exemption
The nonpartisan Tax Foundation released a new report calling on policymakers to wean credit unions off taxpayer subsidies.
ICBA continues grassroots on ILC, ‘trigger leads’ bills
ICBA is calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage applicants.
ICBA to FTC: Exclude community banks from fee rulemaking
ICBA urged the Federal Trade Commission to explicitly exclude community banks from a proposed rule requiring commercial businesses to include all mandatory fees when advertising their prices.
As agencies launch reg review, ICBA urges meaningful results
With the federal banking agencies launching their latest regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, ICBA urged the agencies to advance more meaningful...
Yellen calls for federal floor on stablecoin regulations
While federal agencies have some regulatory authority to oversee digital assets, Congress should develop a framework to close gaps in oversight, Treasury Secretary Janet Yellen told the House...
ICBA Urges Federal Banking Agencies to Ensure Meaningful Regulatory Review
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the start of the interagency review of federal banking regulations under the...
ICBA, groups file lawsuit against CRA final rule
ICBA, the Independent Bankers Association of Texas, TBA, ACC, ABA, U.S. Chamber of Commerce, and Longview Chamber of Commerce filed a lawsuit against the federal banking regulators for exceeding...
Grassroots campaigns pushing ILC, ‘trigger leads’ bills
ICBA continues calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage...
Trade Associations Sue Regulators for Exceeding Statutory Authority in New Community Reinvestment Act Rules
ICBA and others today filed a joint lawsuit in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and...
FS-ISAC offers identity theft tips for commercial customers
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary offers tips for educating commercial customers on identity theft.
Fed holds rates steady, citing inflation target
The Federal Open Market Committee voted to hold target interest rates steady, citing a solid expansion of economic activity and inflation uncertainty.
ICBA pressing grassroots on bill to close ILC loophole
ICBA is calling on community bankers to urge their senators to support Senate legislation to permanently close the industrial loan company loophole.
Advocacy dashboard updated ahead of Capital Summit
ICBA updated its “Advocacy in Action” government relations dashboard for the first quarter with the latest community banking advocacy successes and priorities.
The impact of CRA modernization
Could the final rule cause thoughts of early retirement? Have you read the new best-seller co-authored by the FDIC, the Federal Reserve and the OCC? It’s been as slow as molasses but it’s finally...
Bowman: Regulators should focus more on third-party providers
Federal Reserve Governor Michelle Bowman said she is concerned that federal regulators respond to financial industry risks by focusing too much on regulated banks.
Senate committee discusses ICBA check fraud concerns
The Senate Banking Committee spotlighted ICBA concerns with how check fraud enabled by large financial institutions and the U.S. Postal Service is affecting community banks and their customers.
Tennessee court allows credit union bank acquisition to proceed
A Tennessee appellate court overturned a decision by the state’s banking regulator to block a credit union acquisition of a bank.
Grassroots push for bill to close ILC loophole
ICBA is calling on community bankers to urge their senators to support Senate legislation to permanently close the industrial loan company loophole.
ICBA to Congress: Community banks seeking cooperation to combat check fraud
ICBA today is raising concerns to Congress about how check fraud enabled by the U.S. Postal Service and large financial institutions is affecting community banks and their customers.