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Agencies release proposal on large bank capital standards

The FDIC, Federal Reserve, and OCC released an interagency proposed rule to strengthen capital standards on the largest banks and explicitly said they would not apply to community banks.

Jul 28, 2023
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Article
Capital Compliance

New ICBA podcast on 2023 top lenders

The latest episode of ICBA’s “Independent Banker” podcast features community bankers from Independent Banker magazine’s lists of 2023’s top community bank lenders.

Jul 28, 2023
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Article
Lending

CFPB report targets consumer financial products

The Consumer Financial Protection Bureau released a new Supervisory Highlights report on unfair, deceptive, and abusive acts or practices across various consumer financial products.

Jul 27, 2023
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Article
Compliance

New compliance note on sanctions-related self-disclosures

The Treasury, Commerce, and Justice departments issued a joint compliance note focusing on voluntary self-disclosure policies that apply to U.S. sanctions, export controls, and other national...

Jul 27, 2023
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Article
Compliance

Romero Rainey: ICBA support for special assessment exemplifies its mission

ICBA’s support for the FDIC’s proposed special assessment exemption for community banks illustrates its unique mission, ICBA President and CEO Rebeca Romero Rainey wrote in a new blog post.

Jul 26, 2023
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA polling campaign on interchange bill running this week

With Sens. Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.) working to attach credit card routing restrictions to the National Defense Authorization Act, ICBA this week is promoting its new...

Jul 25, 2023
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Article
Credit Cards

Fed’s Barr: Fair lending oversight needs to adapt to technological change

Regulators will need to adapt their application of the Fair Housing Act and Equal Credit Opportunity Act to deal with technological change and other developments as the financial system evolves.

Jul 24, 2023
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Article
Compliance Lending

As Lawmakers Push to Include Credit Card Restrictions in Defense Bill, New ICBA Polling Shows Voter Opposition

With Sens. Durbin (D-Ill.) and Marshall (R-Kan.) working to attach their controversial credit card routing restrictions to the pending National Defense Authorization Act, ICBA today released new...

Jul 23, 2023
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Article
Credit Cards