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Novel bank denied Fed master account

A novel financial institution that would pass deposits directly into a Federal Reserve master account announced it was denied access to a Fed master account.

Feb 27, 2024
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Article
Federal Reserve

ICBA urges agencies to ensure reg review provides substantive relief

ICBA called on federal banking regulators to ensure their latest regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act provides substantive regulatory relief for...

Feb 23, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

ICBA to Agencies: Latest Regulatory Review Should Provide Substantive Relief to Community Banks

ICBA today called on federal banking regulators to ensure their latest regulatory review under the EGRPRA provides substantive regulatory relief for community banks, which previous reviews under...

Feb 22, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

Bowman: Regulators should not dictate bank strategy

The role of the Federal Reserve and other regulators in overseeing banks is not to make credit allocation decisions, but to ensure institutions manage their material risks, Fed Governor Michelle...

Feb 22, 2024
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Article
Federal Reserve

Jefferson: Fed must prep for economic shocks

Federal Reserve Vice Chair Philip Jefferson said policymakers should remain “vigilant and nimble” on monetary policy in case of adverse shocks to the economy.

Feb 23, 2024
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Article
Federal Reserve

2024 Bank Director Forum series begins April 4

Registration is open for ICBA’s Bank Directors Forums—exclusive sessions tailored for busy directors.

Feb 22, 2024
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Article

ICBA Announces New ThinkTECH Accelerator Sponsors to Support Innovation in Community Banking

The Independent Community Bankers of America® (ICBA) announced three-year agreements with Fiserv, TrueNorth, Wipfli, and Ncontracts to sponsor ICBA’s acclaimed ThinkTECH Accelerator and other...

Feb 21, 2024
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Article

Blog post highlights ICBA innovation milestones

ICBA’s Charles Potts highlighted several recent innovation milestones, including the opening of its Center for Innovation, which coincided with ThinkTECH Regulator Day on Feb. 15, and its inaugural...

Feb 20, 2024
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Article