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Independent Banker highlights what banks need to know about the open banking rule

Community banks with $850 million or more in assets will soon need to comply with the new open banking regulation, and smaller institutions might want to prepare for data sharing if their customers...

Feb 07, 2025
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Article

Treasury Department withdraws from climate group

The Treasury Department announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which focuses on climate risk management.

Jan 31, 2025
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Article

Fed maintains rates following three rounds of cuts

The Federal Open Market Committee voted to maintain the target range for the federal funds rate at a range of 4.25% to 4.5%, citing an uncertain economic and inflation outlook.

Jan 30, 2025
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Article
Federal Reserve

ICBA releases customizable language addressing depositor concerns

With some community bank customers inquiring about the security of their bank deposits amid government efforts related to federal spending and bureaucracy, ICBA released customizable language its...

Feb 11, 2025
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Article
Deposit Operations