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ICBA: AML/CFT modernization should not expand reg burden
ICBA told the federal banking agencies that their proposals to update anti-money-laundering & countering-the-financing-of-terrorism programs would create burdens on banks without any demonstrable...
ICBA: Credit union tax subsidies continue driving record-high acquisitions
Following the 18th credit union acquisition of a community bank this year—and the fifth in Washington state—ICBA said Congress should address antiquated credit union policies.
Fed’s Jefferson encourages input on discount window
Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.
As Credit Union Tax Subsidies Drive Record-High Acquisitions of Tax-Paying Community Banks, Policymakers Should Respond
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 18th acquisition of a tax-paying bank by a tax-exempt...