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ICBA: Proposed expansion of Fedwire/NSS operating hours not necessary

ICBA said the Federal Reserve’s proposed expansion of Fedwire Funds Service and National Settlement Service hours to 22 hours per day, seven days a week would place significant burdens on community...

Sep 05, 2024
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Article
Federal Reserve

Latest Acquisition of Tax-paying Community Bank Comes Amid Increased Attention to Credit Union Tax Exemption

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 15th acquisition of a tax-paying bank by a tax-exempt...

Sep 04, 2024
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Article
Credit Unions

ICBA Supports Acting Comptroller Michael Hsu’s Remarks on Supervising the Largest Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on Acting Comptroller of the Currency Michael Hsu’s remarks on evolving...

Sep 04, 2024
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Article

OCC’s Hsu: Supervision must contend with more large banks

Supervision must adapt to the growth of the largest banks, Acting Comptroller of the Currency Michael Hsu said.

Sep 04, 2024
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Article

FBI: North Korea targeting crypto industry

Teams of North Korean malicious cyber actors are targeting specific decentralized finance or cryptocurrency-related businesses with social engineering to gain unauthorized access to the companies’...

Sep 04, 2024
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Article
Digital Assets

ICBA appealing court ruling on CFPB’s 1071 rule

Following a district court decision denying ICBA’s lawsuit challenging the Consumer Financial Protection Bureau’s 1071 small-business rule, ICBA is now appealing the ruling.

Sep 03, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

FDIC publishes CRA exam schedules

The FDIC issued the lists of institutions scheduled for a Community Reinvestment Act examination during the fourth quarter of 2024 and first quarter of 2025.

Sep 03, 2024
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Article

ICBA recognizes National Preparedness Month

ICBA recognized National Preparedness Month in September by issuing tips to help Americans secure their financial documents before disaster strikes.

Aug 30, 2024
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Article
Crisis Preparedness