Search Articles
CFPB updates mortgage servicing small entity compliance guide
CFPB updates mortgage servicing small entity compliance guide The Consumer Financial Protection Bureau updated its Mortgage Servicing Small Entity Compliance Guide to include guidance on the 2021...
CFPB interpretive rule re: Juneteenth 2021
CFPB interpretive rule re: Juneteenth 2021 The Consumer Financial Protection Bureau issued an interpretive rule to address certain time-sensitive borrower protections related to the treatment of...
August recess offers opportunity to connect with Congress
August recess offers opportunity to connect with Congress The best way to influence policymakers is to get in front of them in-person, according to the Congressional Management Foundation and the...
ICBA: Congress needs to examine credit union-community bank acquisitions
ICBA: Congress needs to examine credit union-community bank acquisitions ICBA urged the Senate Banking Committee to re-examine the anti-competitive effect from the surge in credit union...
Regulators provide state of the industry report to Congress
Regulators provide state of the industry report to Congress Agency heads from the FDIC, OCC, and the NCUA provided a state of the industry update during testimony before the Senate Banking...
ICBA, others seek comment extension on third-party guidance
ICBA, others seek comment extension on third-party guidance ICBA and other groups requested a 30-day comment extension on proposed interagency guidance designed to help banks manage risks...
CFPB: Debt collection rules effective Nov. 30
CFPB: Debt collection rules effective Nov. 30 The Consumer Financial Protection Bureau said two final rules issued under the Fair Debt Collection Practices Act will take effect as planned on Nov....
House committee advances LIBOR, de novo bills
House committee advances LIBOR, de novo bills The House Financial Services Committee this week advanced key ICBA-supported LIBOR and de novo bills. The House Financial Services Committee advanced...
SBA issues rule to expedite PPP forgiveness
SBA issues rule to expedite PPP forgiveness The SBA issued an interim final rule designed to speed up the forgiveness process for Paycheck Protection Program loans of $150,000 or less. The SBA...
Groups join ICBA opposition to IRS reporting proposal
Groups join ICBA opposition to IRS reporting proposal ICBA and a broad coalition of business groups expressed strong opposition to a proposal that would require financial institutions to report...
Jenna Burke Joins ICBA Government Relations Department as Senior Vice President and Senior Regulatory Counsel
Jenna Burke Joins ICBA Government Relations Department as Senior Vice President and Senior Regulatory Counsel The Independent Community Bankers of America announced today the hire of Jenna Burke as...
Agencies extend foreclosure moratoria
Agencies extend foreclosure moratoria The federal government extended the moratorium on single-family real estate owned evictions until Sept. 30 for Fannie Mae, Freddie Mac, the Federal Housing...
Op-ed targets justification for IRS reporting plan
Op-ed targets justification for IRS reporting plan A new Morning Consult op-ed raises questions about the Treasury Department’s estimated tax revenue increase from its proposal to expand...
Lawmakers to CFPB: Consider impact of 1071 reporting
Lawmakers to CFPB: Consider impact of 1071 reporting House Financial Services Committee Republicans called on the Consumer Financial Protection Bureau to consider the impact on small institutions...
CFPB launches tool to help renters, landlords access federal assistance
CFPB launches tool to help renters, landlords access federal assistance The Consumer Financial Protection Bureau released an online tool to help renters and landlords affected by the pandemic find...
Idaho Bankers Association Endorses ICBA Securities
Idaho Bankers Association Endorses ICBA Securities ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America has received the endorsement of the Idaho...
ICBA, Business Coalition Oppose IRS Reporting Proposal
ICBA, Business Coalition Oppose IRS Reporting Proposal The Independent Community Bankers of America and a broad coalition of business groups today expressed strong opposition to a Treasury...
Gensler: SEC regs apply to securities-backed crypto assets
Gensler: SEC regs apply to securities-backed crypto assets Securities and Exchange Commission Chair Gary Gensler said securities regulations apply to platforms that offer crypto tokens or other...
ICBA to Congress: Don’t raise g-fees for infrastructure funding
ICBA to Congress: Don’t raise g-fees for infrastructure funding ICBA and other organizations called on Senate infrastructure negotiators to refrain from using Fannie Mae and Freddie Mac guarantee...
OCC to propose rescinding CRA rule
OCC to propose rescinding CRA rule The OCC said it will propose rescinding its May 2020 Community Reinvestment Act rule and work with other agencies on a joint rulemaking. The OCC said it will...
CFPB settlement sets Sept. 30 deadline for 1071 proposal
CFPB settlement sets Sept. 30 deadline for 1071 proposal A lawsuit on the Consumer Financial Protection Bureau’s implementation of small-business data collection and reporting rules determined that...
FHFA eliminates ICBA-opposed GSE fee
FHFA eliminates ICBA-opposed GSE fee ICBA welcomed the Federal Housing Finance Agency’s announcement that it will eliminate an ICBA-opposed fee on refinance loans delivered to the...
CFPB cautions consumers on ‘buy now, pay later’
CFPB cautions consumers on ‘buy now, pay later’ The Consumer Financial Protection Bureau recently published a blog post for consumers on buy-now-pay-later credit. The Consumer Financial Protection...
ICBA launches fintech investment fund
ICBA launches fintech investment fund ICBA is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks. ICBA is forming BankTech...
Nacha launches program for returning unemployment benefits
Nacha launches program for returning unemployment benefits Nacha launched an opt-in program to facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by...
ICBA: Postal banking designed to fail
ICBA: Postal banking designed to fail Postal banking is a risky venture for which the U.S. Postal Service is ill suited, ICBA told Congress in its latest issue brief. Postal banking is a risky...
ICBA urges grassroots on rural lending tax relief
ICBA urges grassroots on rural lending tax relief Following the recent Senate introduction of legislation to provide rural lending tax relief, ICBA is calling on community bankers to urge their...
Child Tax Credit payments start today
Child Tax Credit payments start today The IRS today begins distributing Advance Child Tax Credit payments authorized by the American Rescue Plan. The IRS today begins distributing Advance Child Tax...
FDIC, CFPB update financial education curriculum
FDIC, CFPB update financial education curriculum The FDIC and Consumer Financial Protection Bureau released an enhanced version of the Money Smart for Older Adults financial education curriculum....
Independent Banker Ranks Top Loan Performers
Independent Banker Ranks Top Loan Performers This month’s issue of Independent Banker, the award-winning magazine of the Independent Community Bankers of America (ICBA) and the number-one source...
ICBA Promotes Mike DeVoll to Assistant Vice President, Marketing Strategy and Execution
ICBA Promotes Mike DeVoll to Assistant Vice President, Marketing Strategy and Execution The Independent Community Bankers of America today announced Mike DeVoll’s promotion to assistant vice...
ICBA Welcomes End of FHFA Refinance Fee
ICBA Welcomes End of FHFA Refinance Fee Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on today's Federal Housing Finance Agency...
FASB to pursue further CECL improvements
FASB to pursue further CECL improvements The Financial Accounting Standards Board this week agreed to add a project to its technical agenda to investigate the suspension of troubled debt...
CISA warns of Microsoft Print Spooler vulnerability
CISA warns of Microsoft Print Spooler vulnerability The Cybersecurity and Infrastructure Security Agency issued Emergency Directive 21-04 on mitigating a vulnerability in the Microsoft Windows...
Agencies propose guidance on third-party relationships
Agencies propose guidance on third-party relationships Federal banking regulators proposed interagency guidance designed to help banks manage risks associated with third-party relationships,...
Terri Howard Joins TCM Bank as Senior Vice President, People & Culture
Terri Howard Joins TCM Bank as Senior Vice President, People & Culture TCM Bank, N.A., the credit card bank of ICBA Bancard®, which is the payments services subsidiary of the Independent Community...
ICBA Minority Bank Advisory Council Opposes IRS Reporting Proposal
ICBA Minority Bank Advisory Council Opposes IRS Reporting Proposal The Independent Community Bankers of America’s (ICBA) Minority Bank Advisory Council today expressed strong opposition to the...
ICBA, BPI Urge Federal Reserve to Clarify, Strengthen Guidelines for Fed Account Access
ICBA, BPI Urge Federal Reserve to Clarify, Strengthen Guidelines for Fed Account Access The Independent Community Bankers of America and Bank Policy Institute today called on the Federal Reserve to...
ICBA minority bank council opposes IRS reporting plan
ICBA minority bank council opposes IRS reporting plan ICBA’s Minority Bank Advisory Council today is expressing strong opposition to the Biden administration’s proposal to require banks to report...
White House directs tougher scrutiny of bank mergers
White House directs tougher scrutiny of bank mergers President Joe Biden directed the Justice Department and federal banking regulators to more closely scrutinize bank mergers and make it easier...