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ICBA, state groups endorse Senate bill to close ILC loophole
ICBA and affiliated state community banking associations expressed strong support for Senate legislation to permanently close the industrial loan company loophole.
ICBA urging grassroots outreach on ‘trigger leads’ bill
ICBA is calling on community bankers to urge their members of Congress to co-sponsor bipartisan legislation designed to help protect the financial privacy of mortgage applicants.
Fed extends comment period on interchange proposal
The Federal Reserve delayed the comment deadline on its proposal to lower the maximum interchange fee that covered debit card issuers may receive for debit card transactions, as advocated by ICBA.
Atlanta Fed reports on lagging credit union oversight
A Federal Reserve Bank of Atlanta report following a series of ransomware attacks on credit unions last year noted that the National Credit Union Administration has no enforcement authority over...