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CFPB gathering overdraft data for regulatory follow-up

The Consumer Financial Protection Bureau said it intends to use information it is gathering from financial institutions on their overdraft practices to identify institutions for further regulatory...

Jun 17, 2022
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Article
Compliance

Credit union grassroots key with House committee meeting today

With the House Rules Committee meeting today to advance legislation to further empower credit unions, ICBA continues calling on community bankers to urge their lawmakers to oppose the bill.

Jun 13, 2022
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Article
Credit Unions

ICBA Statement on FDIC Proposal to Raise Deposit Insurance Assessment Rates

ICBA and the nation’s community banks are closely reviewing today’s FDIC proposal to amend its Deposit Insurance Fund Restoration Plan by increasing deposit insurance assessment rates by 2 basis...

Jun 21, 2022
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Article
Deposit Insurance

ICBA concludes blog series on stablecoin collapse

ICBA concluded its new series of blog posts on the collapse of the TerraUSD stablecoin with a post focusing on its impact on community banks and the regulatory debate.

Jun 13, 2022
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Article
Digital Assets

House committee markup in focus this week

Tomorrow’s House Financial Services Committee markup will drive the week on Capitol Hill. The panel will consider an ICBA-supported bill to close the ILC loophole and ICBA-opposed legislation on...

Jun 13, 2022
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Article
Lending

Hsu: CRA update supports MDIs, CDFIs

The proposed update to Community Reinvestment Act regulations incentivizes banks to support minority depository institutions and community development financial institutions, Acting Comptroller of...

Jun 10, 2022
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Article
Community Reinvestment Act (CRA)

ICBA continues blog series on stablecoin collapse

ICBA continued its new series of blog posts on the collapse of the TerraUSD stablecoin and its broader impact.

Jun 10, 2022
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Article
Digital Assets

ICBA, state associations urge passage of cannabis safe harbor

ICBA and a coalition of 44 state community banking associations urged Congress to include a cannabis banking safe harbor in the America COMPETES Act conference report.

Jun 09, 2022
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Article
Cannabis banking