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Fed maintains rates

The Federal Open Market Committee voted to maintain target interest rates at a range of 4.25% to 4.5%.

Mar 20, 2025
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Article

What community banks need to know about the Fedwire ISO 20022 switch

The latest Independent Banker magazine spotlights what community bankers need to know about the Fedwire Funds Service’s conversion to the ISO 20022 message format.

Mar 19, 2025
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Article

ICBA strongly supports nomination of Michelle Bowman for Fed vice chair for supervision

ICBA expressed its strong support for President Donald Trump’s nomination of Federal Reserve Governor Michelle Bowman for vice chair for supervision at the Fed—as advocated by ICBA.

Mar 18, 2025
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Article
Federal Reserve

Executive order restricts CDFI Fund to statutory functions

President Donald Trump issued an executive order restricting the Community Development Financial Institutions Fund and some other federal programs to their statutory components and functions.

Mar 18, 2025
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Article