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ICBA request for 1071 relief makes headlines
ICBA’s actions to challenge the Consumer Financial Protection Bureau's Section 1071 final rule and seek injunctive relief for community banks is making headlines.
FHFA responds to ICBA concerns with new credit score models
The Federal Housing Finance Agency said it is considering adjustments to its plan for transitioning Fannie Mae and Freddie Mac to new credit score models following outreach from ICBA and other groups.
ICBA requests 1071 relief in court filings, CFPB letter
ICBA on Friday filed a motion and complaint calling on the court to invalidate the Consumer Financial Protection Bureau’s Section 1071 final rule and enjoin the CFPB from enforcing it.
Credit union acquisition of Ill. community bank will not close
A planned credit union acquisition of a community bank in Illinois will not go through, according to S&P Global.
Fed hosting FedNow town hall this month
The Federal Reserve said it is hosting a town hall meeting this month on the FedNow Service.
ICBA releases updated guide for August recess meetings
ICBA released an updated version of its “Meetings on Main Street” guide to help community bankers host members of Congress during the August congressional recess.
Fed updates policy on supervising stablecoins, novel activities
The Federal Reserve Board released additional information on its program to supervise novel activities in the banks it oversees, including stablecoin activity.
OCC issues guidance on legal lending limit
The OCC issued guidance on the applicability of the legal lending limit to purchased loans.