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Bowman: Banks well-positioned to support financial inclusion

The U.S. banking system is well-positioned to bring consumers into the financial mainstream by providing innovative solutions to meet their credit needs, Federal Reserve Governor Michelle Bowman said.

Jul 10, 2024
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Article

FinCEN updates beneficial ownership FAQs

The Financial Crimes Enforcement Network updated its beneficial ownership information frequently asked questions to include responses to questions about entities that have ceased to exist.

Jul 09, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

NCUA budgets far fewer exam hours than FDIC: inspector general

Credit unions have a much easier time with exams, according to a report by the National Credit Union Administration’s inspector general.

Jul 09, 2024
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Article
Grassroots/Be Heard Credit Unions

Independent Banker spotlights importance of change management

As new technologies and solutions ebb and flow, change-management strategies are critical to ensure community bank success, according to the latest Independent Banker.

Jul 08, 2024
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Article

Fed to Congress: No rate cut until inflation comes down

The Federal Reserve does not plan to reduce target interest rates until inflation comes down more, according to its latest Monetary Policy Report to Congress.

Jul 08, 2024
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Article
Inflation

Senate hearing this week on FDIC chair nomination

Senate hearing this week on FDIC chair nomination.

Jul 08, 2024
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Article

ICBA ThinkTECH Accelerator Showcase Hosted at Graduate School of Banking at Colorado

ICBA announced its upcoming ICBA ThinkTECH Accelerator program Showcase will take place at the Graduate School of Banking at Colorado (GSBC).

Jul 08, 2024
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Article

ICBA to CISA: Exempt community banks from cyber reporting proposal

ICBA called on the Cybersecurity and Infrastructure Security Agency to exempt community banks from new cyber reporting rules.

Jul 05, 2024
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Article
Digital Assets