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ICBA Urges FDIC to Finalize Special Assessment Rule as Proposed
ICBA said it supports the Federal Deposit Insurance Corporation’s proposed rule to exempt community banks with less than $5 billion in uninsured deposits from its special assessment following the...
Community banker cautions Congress on deposit insurance reform
ICBA community banker Thomas Fraser—CEO of First Mutual Holding Co. in Lakewood, Ohio—testified on deposit insurance reform before the Senate Banking Committee on behalf of his banks.
Court ruling opens door to more legal disputes over debts
A U.S. appeals court this week issued a decision that widens the avenue for consumers to challenge their debt under the Fair Credit Reporting Act.
Committee slated to vote tomorrow on blocking 1071 rule
With the House Financial Services Committee slated to take up an ICBA-advocated resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA called on the committee to...
Same Day ACH continues expansion
The value of Same Day ACH payments grew 51.7% in the first half of 2023 from a year earlier, while payments volume rose 13.7%, Nacha reported.
80% of FDIC special assessment comment letters from community bankers
Community bankers responded in force to ICBA’s grassroots advocacy campaign supporting the FDIC’s proposal to exempt community banks under $5 billion in assets from its special assessment.
ICBA Commends Federal Reserve for FedNow Launch
The Independent Community Bankers of America (ICBA) today commended the Federal Reserve for its launch of the FedNow Service, the Fed’s instant payment service that ICBA has staunchly advocated for...
ICBA: Community banks not ‘furnishers’ under fair credit law
Community banks should not be classified as data furnishers when data brokers obtain consumer information from a bank, ICBA told the Consumer Financial Protection Bureau.