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FDIC: DIF restoration on track
The FDIC projects the Deposit Insurance Fund reserve ratio will likely reach its 1.35% minimum by the statutory deadline of Sept. 30, 2028, according to an agency update on its DIF restoration plan.
Fed holds rates steady, hints at 2024 cuts
The Federal Open Market Committee voted to hold target interest rates at a range of 5.25-5.50% and indicated rate cuts are on the table in 2024.
Postal Inspectors warning consumers about check washing
The U.S. Postal Inspection Service is warning consumers about check washing, in which fraudsters change payee names and dollar amounts on checks and fraudulently deposit them.
ThinkTECH Connect set for today
ICBA today is hosting a fast and informative session to explore fintech solutions for community banks.
ICBA Supports Bill to Restrict Sale of ‘Trigger Leads’
The Independent Community Bankers of America (ICBA) today expressed support for bipartisan legislation to help protect the financial privacy of mortgage applicants.
Today: CDFI Fund webinar on revised certification application
The Community Development Financial Institutions Fund is slated to host a live webinar at 1:30 p.m. (Eastern time) today on its recently revised CDFI certification application.
Buhrmaster named New York Fed director
The Federal Reserve Bank of New York announced that former ICBA Chairman John Buhrmaster, president and CEO of 1st National Bank of Scotia, N.Y., has been elected as a Class A director representing...
ICBA Past Chairman Jim Ghiglieri dies
ICBA Past Chairman Jim Ghiglieri died Saturday morning. The former president of Alpha Financial Group in Toluca, Ill., served as ICBA chairman in 2007-2008.