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Agencies adjust CRA asset thresholds
Federal regulators announced the 2025 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.
Fed cuts rates by 25 basis points
The Federal Open Market Committee voted to cut target interest rates by 25 basis points due to an easing labor market and inflation moving toward its 2% goal.
CFPB targets credit card reward programs
The Consumer Financial Protection Bureau issued a circular warning that some credit card companies operating rewards programs may be breaking the law.
ICBA applauds farm aid package, farm bill extension
ICBA applauded the initial inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution before Congress.
ICBA-advocated trigger leads bill passes Senate
ICBA-advocated legislation that would protect the financial privacy of mortgage applicants passed the Senate by unanimous consent.
Romero Rainey: Credit unions should pay taxes—period
Credit unions should pay taxes, as The Wall Street Journal rightly pointed out in a recent editorial, ICBA President and CEO Rebeca Romero Rainey said in a LinkedIn post.
ICBA Applauds CR Farm Aid Package, Farm Bill Extension
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement applauding the initial inclusion of a farm bill extension and a $10...
OCC: Commercial credit risk stabilizing
The OCC reported that the federal banking system remains sound but said it expects banks to remain diligent and adhere to prudent risk management practices across all risk areas.