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Senate bill would improve supervisory appeals process

ICBA-advocated legislation to improve the bank examination environment through a workable appeals process was introduced in the Senate.

Dec 19, 2023
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Article
Congressional Matters

FDIC board meeting tomorrow on budget, signage

The FDIC scheduled a board meeting for 2 p.m. (Eastern time) tomorrow, Dec. 20.

Dec 19, 2023
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Article

FDIC issues advisory on CRE concentrations

The FDIC issued an advisory to reemphasize the importance of strong capital, appropriate credit loss allowance levels, and robust credit risk-management practices for institutions with commercial...

Dec 19, 2023
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Article

Farm Credit System growth slows in 2023

The Farm Credit Administration board met last week to receive a quarterly report on economic conditions affecting the agricultural economy and Farm Credit System institutions.

Dec 18, 2023
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Article
Farm Credit System (FCS)

ICBA Hosts First ThinkTECH Connect To Showcase Community Bank Innovation

The Independent Community Bankers of America® (ICBA) hosted its first ThinkTECH Connect event, an ICBA event showcasing rapid-fire pitches from 10 emerging fintechs that address community bank pain...

Dec 15, 2023
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Article
Technology

Webinar to help navigate recent CRA changes

ICBA is hosting a webinar next month on the federal banking agencies’ recently finalized changes to Community Reinvestment Act regulations.

Dec 15, 2023
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Article

CNN reports on credit union lending disparities, citing CRA exemption

The nation’s largest credit union has the widest racial disparities in mortgage approval rates of any major lender, CNN reported.

Dec 15, 2023
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Article
Mortgage Lending Diversity and Inclusion Minority Owned Depository Institutions (MDI)

Basel panel proposes tighter standards on bank stablecoin exposures

The Basel Committee published a new consultation paper proposing to refine how it treats stablecoins in its standards for banks’ cryptoasset exposures.

Dec 15, 2023
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Article
Digital Assets

ICBA Strongly Supports Senate Bill to Close ILC Loophole

ICBA today expressed its strong support for bipartisan legislation to close the industrial loan company (ILC) loophole, which allows commercial companies to own full-service banks without the same...

Dec 15, 2023
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Article
Compliance Lending

Williams: Community bankers focused on regulatory environment

ICBA Chairman Derek Williams discusses the community banking industry’s 2024 outlook in the latest “Banking with Interest” podcast from IntraFi.

Dec 14, 2023
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Article
Community Bank Awareness

ThinkTECH Accelerator registration open

Community bankers can now register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

Dec 15, 2023
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Article

ICBA quarterly briefing today

ICBA today is hosting its fourth-quarter update on industry news and highlights.

Dec 13, 2023
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Article

ICBA quarterly briefing tomorrow

ICBA tomorrow is hosting its fourth-quarter update on industry news and highlights. Scheduled for 2 p.m. (Eastern time) tomorrow, Dec. 13

Dec 12, 2023
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Article

ICBA names Aaron Stetter as EVP of affiliate, volunteer relations

ICBA announced that Aaron Stetter is rejoining the organization in a newly created role as executive vice president of affiliate and volunteer relations.

Dec 11, 2023
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Article

The week ahead: final Fed meeting of 2023

The week ahead: final Fed meeting of 2023

Dec 11, 2023
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Article

Revised CDFI certification application released

The Community Development Financial Institutions Fund issued a revised CDFI certification application that addresses ICBA concerns with a previously released proposal.

Dec 08, 2023
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Article
Community Development Financial Institution (CDFI)

FDIC: DIF restoration on track

The FDIC projects the Deposit Insurance Fund reserve ratio will likely reach its 1.35% minimum by the statutory deadline of Sept. 30, 2028, according to an agency update on its DIF restoration plan.

Dec 08, 2023
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Article

Fed holds rates steady, hints at 2024 cuts

The Federal Open Market Committee voted to hold target interest rates at a range of 5.25-5.50% and indicated rate cuts are on the table in 2024.

Dec 14, 2023
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Article
Federal Reserve

Postal Inspectors warning consumers about check washing

The U.S. Postal Inspection Service is warning consumers about check washing, in which fraudsters change payee names and dollar amounts on checks and fraudulently deposit them.

Dec 14, 2023
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Article
Fraud

ThinkTECH Connect set for today

ICBA today is hosting a fast and informative session to explore fintech solutions for community banks.

Dec 14, 2023
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Article