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ICBA urges CFPB to use modified TRID disclosure forms
ICBA urged the Consumer Financial Protection Bureau to move its TRID Sandbox Project forward with a modified TILA-RESPA Integrated Disclosure (TRID) form developed by ICBA.
CFPB says it will rework 1033 rule
The Consumer Financial Protection Bureau requested a stay in a lawsuit challenging the 1033 rule on consumer data security and privacy and said it plans to craft a new rule soon.
CFPB working on new 1033 rule
The Consumer Financial Protection Bureau submitted a proposed rule on Section 1033 of the Dodd-Frank Act for review to the Office of Information and Regulatory Affairs. ICBA expects the proposal to...
ICBA Commends FDIC, OCC on Proposals to Improve Regulatory Oversight
ICBA President and CEO Rebeca Romero Rainey released the following statement on today’s FDIC and OCC proposed rules to prohibit the use of reputation risk by regulators and to revise the...
FDIC, OCC announce proposals to streamline regulatory oversight
ICBA commended the FDIC and OCC for issuing proposed rules to prohibit the use of reputation risk by regulators and to revise the supervisory framework for “unsafe or unsound” banking practices.
FDIC announces relief for Alaska, Minnesota banks
The agency is encouraging banks to work constructively with borrowers experiencing difficulties beyond their control because of damage caused by the severe conditions.
FDIC issues Q2 state profiles
The FDIC issued its state profiles for the second quarter. The series provides quarterly summaries of banking and economic conditions for each state.
ICBA Congratulates Travis Hill on Nomination as FDIC Chairman
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s nomination of Travis Hill to serve as chairman of...
ICBA: FDIC should raise reporting requirement threshold
ICBA called on the FDIC to raise the threshold for auditor attestation and reporting requirements under its proposal to adjust and index certain regulatory thresholds.
President nominates Travis Hill as FDIC chairman
President Donald Trump nominated FDIC Acting Chairman Travis Hill to be FDIC chairman.
Senate confirms Hill as FDIC chairman
Senate confirms Hill as FDIC chairman The Senate confirmed Travis Hill as FDIC chairman. Hill has served as acting chairman since January and was previously sworn in as vice chairman in January...
Senate confirms Miran for Fed post
The Senate voted 48-47 to confirm the nomination of Stephen Miran to be a Federal Reserve governor.
ICBA Congratulates Travis Hill on Confirmation as FDIC Chairman
ICBA Congratulates Travis Hill on Confirmation as FDIC Chairman Washington, D.C. — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following...
ICBA urges FDIC to reject risky ILC applications
ICBA told the FDIC that it has a statutory duty to reject the applications of industrial loan companies that pose undue risks to the Deposit Insurance Fund and fail to serve the convenience and...
FDIC to meet next week on appeals of material supervisory determinations
FDIC to meet next week on appeals of material supervisory determinations The FDIC announced its board of directors will meet next week to discuss amendments to its guidelines for appeals of...
ICBA, others request extension for comments on FDIC stablecoin rule
ICBA, others request extension for comments on FDIC stablecoin rule ICBA and other groups requested an extension of the comment period for the FDIC’s proposed rulemaking on the GENIUS Act. Details:...
ICBA supports proposal to bar agency use of reputation risk
ICBA supports proposal to bar agency use of reputation risk ICBA expressed support for a proposed rule to prohibit the use of reputation risk by regulatory agencies and urged the agencies to...
FDIC seeking input on AML/CFT compliance costs
The FDIC requested comment on a proposal to survey banks about the costs to comply with the Bank Secrecy Act and related anti-money laundering and countering the financing of terrorism requirements.
ICBA, fintechs push for modernized CSI framework
ICBA, fintechs push for modernized CSI framework ICBA and the American Fintech Council encouraged the federal banking agencies to modernize the framework governing confidential supervisory...
Travis Hill sworn in as FDIC chairman
Travis Hill sworn in as FDIC chairman Travis Hill was sworn in as the 23rd chairman of the FDIC. Background: Hill has served as acting chairman since January 2025. He was nominated by President...
FDIC issues Q3 state profiles
FDIC issues Q3 state profiles The FDIC issued its state profiles for the third quarter of 2025. The series provides quarterly summaries of banking and economic conditions for each state. 2026-01-16
ICBA Urges FDIC to Reject Applications Under Industrial Loan Company Loophole to Prevent Risks to Consumers
ICBA told the FDIC that it has a statutory duty to reject the applications of industrial loan companies (ILCs) that pose undue risks to the Deposit Insurance Fund and that fail to serve the...
FDIC Approval of Ford, GM Industrial Loan Companies Threatens Banking System Stability
FDIC Approval of Ford, GM Industrial Loan Companies Threatens Banking System Stability Washington, D.C. (Jan. 22, 2026) — The Independent Community Bankers of America (ICBA) today expressed serious...
ICBA: Supervisory appeals reviewers should have community banking experience
ICBA told the FDIC that in revising the agency’s supervisory appeals process, the FDIC should ensure that reviewers have significant community banking experience.
ICBA Commends Proposed Rule to Lower Community Bank Leverage Ratio
ICBA Commends Proposed Rule to Lower Community Bank Leverage Ratio Washington, D.C. — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following...
FDIC extends comment period on stablecoin rule
FDIC extends comment period on stablecoin rule The FDIC issued an ICBA-advocated extension of the comment period for its proposed rulemaking on the GENIUS Act. Details: The FDIC announced a 90-day...
ICBA, state groups support proposal to recalibrate CBLR
ICBA, state groups support proposal to recalibrate CBLR ICBA and 45 state banking associations said they strongly report the federal banking agencies’ proposal to recalibrate the Community Bank...
FDIC approves ICBA-opposed ILC applications for Ford, GM
FDIC approves ICBA-opposed ILC applications for Ford, GM The FDIC approved ICBA-opposed applications from Ford and General Motors to establish industrial loan companies. Details: The FDIC said both...
FDIC approves final signage rule
FDIC approves final signage rule At its board meeting, the FDIC approved a final rule to amend regulations governing the display of the FDIC official digital sign and non-deposit signage. Details:...
ICBA, others oppose PayPal’s ILC application
ICBA, others oppose PayPal’s ILC application ICBA and the Bank Policy Institute said the FDIC should not issue deposit insurance to any industrial loan company applicant, including PayPal Bank,...
FDIC establishes Office of Supervisory Appeals
FDIC establishes Office of Supervisory Appeals The FDIC board of directors approved amendments to its Guidelines for Appeals of Material Supervisory Determinations, which includes replacing its...
ICBA urges agencies to streamline the call report
ICBA urges agencies to streamline the call report ICBA told the federal banking agencies that streamlining the call report is a simple but effective step to reduce the regulatory burdens that weigh...
ICBA Seeks One-Year Delay in ‘Beneficial Ownership’ Rule
ICBA Seeks One-Year Delay in ‘Beneficial Ownership’ Rule ICBA is calling on the Financial Crimes Enforcement Network to delay the implementation of a rule requiring community banks and other...
FinCEN proposes virtual currency recordkeeping rules
FinCEN proposes virtual currency recordkeeping rules The Financial Crimes Enforcement Network issued a proposed rule to increase transparency of certain transactions involving convertible virtual...
'Beneficial owner' reform passes House
'Beneficial owner' reform passes House The House voted 335-78 to pass a compromise defense spending bill that includes a key step toward ICBA-advocated relief from "beneficial ownership" disclosure...
FinCEN: Companies not required to file BOI despite Supreme Court ruling
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court...
FinCEN issues advisory on Chinese money laundering networks
The Financial Crimes Enforcement Network issued warnings on the threats posed by Chinese money laundering networks to the U.S. financial system.
FinCEN official: Beneficial ownership reporting only takes 20 minutes to complete
Financial Crimes Enforcement Network Deputy Director Jimmy Kirby said most companies should be able to file beneficial ownership information reporting quickly and without the help of an attorney or...
FinCEN issues FAQs on Minnesota GTO
FinCEN issues FAQs on Minnesota GTO The Financial Crimes Enforcement Network published frequently asked questions pertaining to the recent geographic targeting order requiring all banks and money...
FinCEN issues alert on West Bank settler violence
The Financial Crimes Enforcement Network issued an alert to U.S. financial institutions related to financing Israeli extremist settler violence against Palestinians in the West Bank.
FinCEN ceremony recognizes BSA reporting
The Financial Crimes Enforcement Network held its ninth annual Law Enforcement Awards Program to recognize agencies that used Bank Secrecy Act data to successfully pursue and prosecute criminal...
FinCEN announces BSA penalty adjustments
The Financial Crimes Enforcement Network issued a final rule to reflect annual inflation adjustments to its civil monetary penalties.
FinCEN: Financial institutions should remain vigilant to transactions associated with synthetic opioids
The Financial Crimes Enforcement Network reminded financial institutions to monitor for and report suspicious transactional activity related to the illicit fentanyl supply chain and the trafficking...
FinCEN issues Spanish translation of advisory on Chinese money laundering
FinCEN issues Spanish translation of advisory on Chinese money laundering The Financial Crimes Enforcement Network issued Spanish translations of its August 2025 advisory and financial trend...
ICBA endorses bill to coordinate beneficial ownership rulemakings
ICBA called on Congress to advance legislation to coordinate and strengthen recent Financial Crimes Enforcement Network anti-money laundering rulemakings.
FinCEN: Companies not required to file BOI despite Supreme Court ruling
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court...
FinCEN: BOI reporting requirements back in effect with extended deadline
Following a court decision, the Financial Crimes Enforcement Network announced that beneficial ownership information reporting requirements are back in effect, with a new deadline of March 21 for...
ICBA: FinCEN should fix BSA thresholds, BOI collection
ICBA said community bankers strongly support the role of the Financial Crimes Enforcement Network while recommending updates to beneficial ownership information collection and Bank Secrecy Act...
FinCEN not issuing penalties for BOI reporting deadlines
The Financial Crimes Enforcement Network said it will not issue any fines or penalties or take any other enforcement actions against any companies based on failure to file or update beneficial...
FinCEN issues guidance on cross-border information sharing
The Financial Crimes Enforcement Network issued guidance to encourage and promote appropriate, voluntary cross-border sharing of information between and among financial institutions, including...
FinCEN: $27B in elder financial exploitation reported by financial institutions
Financial institutions reported $27 billion in suspicious activities linked to elder financial exploitation from 2022 to 2023, according to the Financial Crimes Enforcement Network.
FinCEN removes beneficial ownership reporting requirements for U.S. companies
The Financial Crimes Enforcement Network announced an interim final rule that removes the requirement for U.S. companies and persons to report beneficial ownership information under the Corporate...
FinCEN proposes rule to combat cyber scams and heists
The Financial Crimes Enforcement Network proposed prohibiting U.S. financial institutions from opening or maintaining accounts for or on behalf of a Cambodian group that deals in crypto scams and...
FinCEN publishes FAQs on border Geographic Targeting Order
The FinCEN published responses to FAQs about its March 11 Geographic Targeting Order to combat the illicit activities and money laundering of Mexico-based cartels and other criminal actors along...
FinCEN warns banks about deepfake fraud schemes
The Financial Crimes Enforcement Network issued an alert to help financial institutions identify fraud schemes associated with the use of deepfake media created with generative artificial...
Task force updates AML-deficiency jurisdiction list
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its lists of jurisdictions with AML deficiencies.
1071 rule remains on hold for community banks amid CFPB review
The Consumer Financial Protection Bureau’s 1071 small-business rule and its implementation deadlines remain on hold for ICBA community banks amid ongoing litigation and a bureau review of the rule.
ICBA-advocated resolution scrapping CFPB overdraft rule signed into law
President Donald Trump signed into law an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft services, finalizing a key policy success for...
CFPB withdrawing more than a decade of guidance materials
The Consumer Financial Protection Bureau announced the withdrawal of certain guidance, interpretive rules, policy statements, and advisory opinions issued since 2011.
CFPB to deprioritize 1071 enforcement for entities not protected by court order
The Consumer Financial Protection Bureau announced that it will deprioritize enforcement of its 1071 small-business lending rule for entities not currently protected by a 5th Circuit Court order.