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ICBA Remains Concerned with CFPB’s 1033 Rule Despite Community Bank Exemption

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Consumer Financial Protection Bureau’s 1033 final rule released today.

Oct 22, 2024
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Article
Privacy

ICBA Foundation raising relief funds for multiple states

The ICBA Foundation’s Hurricane Relief Fund continues requesting tax-deductible donations to assist community bankers in Florida, Georgia, North Carolina, and South Carolina affected by Hurricanes...

Oct 22, 2024
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Article

FinCEN: Certain telecommunications service providers are exempt from beneficial ownership requirements

The FinCEN issued a final rule to clarify that certain telecommunications service providers qualify as “regulated public utilities” and are exempt from the Corporate Transparency Act’s beneficial...

Oct 18, 2024
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Article
Compliance

ICBA: Latest Credit Union Acquisition Shows Why a Federal Response Is Needed

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after the 19th acquisition of a tax-paying bank by a tax-exempt credit...

Oct 23, 2024
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Article
Credit Unions

Report: Tokenization’s impact remains uncertain

A new report outlines the opportunities, risk, and future considerations for tokenization, or the process of generating and recording a digital representation of traditional assets on a...

Oct 22, 2024
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Article

Mutuals launch ‘Mutuals Matter’ campaign

An association of banking leaders from mutual banks across the country launched a new campaign highlighting the community-minded benefits offered by mutuals.

Oct 22, 2024
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Article

ICBA Foundation distributing hurricane relief funds across multiple states

The ICBA Foundation’s Hurricane Relief Fund continues requesting tax-deductible donations to assist community bankers in Florida, Georgia, North Carolina, and South Carolina affected by Hurricane...

Oct 21, 2024
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Article

ICBA requests extension for comments on FDIC’s proposal on custodial accounts

ICBA and other groups asked for a 60-day extension to the comment period for the FDIC’s Notice of Proposed Rulemaking on Recordkeeping for Custodial Accounts.

Oct 21, 2024
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Article