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CFPB expands survey of credit card issuers

The Consumer Financial Protection Bureau announced an updated survey of credit card issuers designed to help consumers and families compare interest rates and other features when shopping for a new...

Mar 22, 2023
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Article
Compliance

CFPB updates rules with agency contact info

The Consumer Financial Protection Bureau issued a final rule to make non-substantive corrections and updates to federal agency contact information in Regulations B, E, F, J, V, X, Z, and DD.

Mar 20, 2023
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Article
Compliance

Romero Rainey: ICBA fighting for community banks

ICBA continues to distinguish community banks from larger and riskier financial institutions among policymakers and the media in the wake of recent large bank failures, ICBA President and CEO...

Mar 20, 2023
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Article
Too-Big-To-Fail/Systemic Risk

FDIC announces Signature Bank buyer

The FDIC announced a purchase-and-assumption agreement with Flagstar Bank of Hicksville, N.Y., for substantially all deposits and certain loan portfolios of Signature Bridge Bank.

Mar 20, 2023
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Article
Too-Big-To-Fail/Systemic Risk

Georgia Banker Elected ICBA Chairman

Derek B. Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., was elected chairman of the Independent Community Bankers of America for 2023-24. His term begins March 16 at the...

Mar 16, 2023
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Article

ICBA Announces 2023-24 Executive Committee

The Independent Community Bankers of America® (ICBA) today announced the election of its 2023-24 Executive Committee during the 2023 ICBA LIVE national convention in Honolulu.

Mar 16, 2023
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Article
Advocacy

NCUA considering ICBA-opposed subordinated debt today

With the National Credit Union Administration meeting today on a rule to relax restrictions on issuing subordinated debt, a former NCUA official raised concerns in a recent blog post.

Mar 16, 2023
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Article
Credit Unions

FedNow Service will launch in July

The Federal Reserve is scheduled to launch its FedNow Service in July, Fed officials announced at ICBA LIVE 2023 in Hawaii.

Mar 16, 2023
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Article
Federal Reserve