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Agencies finalize rule on automated valuation models
Federal financial services regulators issued a final rule to implement quality control standards for automated valuation models, or AVMs, which mortgage lenders use to value real estate collateral.
FDIC finalizes new resolution filings for banks over $50B
The FDIC approved a final rule to require resolutions plans for banks with at least $100 billion in assets and “informational filings” for banks over $50 billion.
Banking agencies propose amending BSA requirements
Federal banking regulators issued a proposed rule that would amend Bank Secrecy Act requirements for anti-money-laundering and countering-the-financing-of-terrorism programs.
Bill to pause Fed debit card rule introduced in Senate
ICBA-advocated legislation directing the Federal Reserve to stop and study its proposed changes to Regulation II before finalizing the rule was introduced in the Senate.
ICBA CRA Solutions/USI Alliance Names NY Community Banker New Chairman
ICBA CRA Solutions/USI Alliance, an ICBA subsidiary, today announced the election of Robert Fisher, chairman and president of Tioga State Bank in Spencer, N.Y. as chairman of the USI Alliance board...
CSBS: More transparent bank merger policy proposal needed
The Conference of State Bank Supervisors said the FDIC’s proposed bank merger policy would create more challenges than benefits for the banking industry, especially for community banks.
FDIC board meeting today
The FDIC board of directors scheduled a meeting for 10 a.m. (Eastern time) today.
Independent Banker publishes guide for succession planning
Only 20% of community banks feel fully prepared for the succession of their CEO and other executives to the next generation, according to a recent article in Independent Banker magazine.