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Farm Credit System reports favorable results despite headwinds

The Farm Credit Administration reported that tight labor markets, rising interest rates, a strong dollar, high energy prices, and drought conditions are creating uncertainty in rural economies and...

Sep 13, 2022
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Article
Agriculture

FDIC Second-Quarter Deposit Data Show Proposed Assessment Rate Hike Not Needed

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the FDIC’s latest Quarterly Banking Profile.

Sep 08, 2022
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Article
Deposit Insurance

ICBA Statement on Federal Home Loan Bank Review

ICBA statement on the Federal Housing Finance Agency’s comprehensive review of the Federal Home Loan Bank System.

Sep 06, 2022
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

OCC announces assessment rate cuts targeting community banks

The OCC will reduce assessment rates on OCC-chartered community banks by 40% starting next year, Acting Comptroller of the Currency Michael Hsu announced.

Sep 02, 2022
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Article
Compliance