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CFPB terminates Upstart no-action letter
The Consumer Financial Protection Bureau said it terminated Upstart Network from its list of approved “no-action letters” at Upstart’s request.
Op-ed targets credit union acquisitions ahead of committee votes
Congress should join the growing number of states fighting back against credit union acquisitions of community banks, ICBA President and CEO Rebeca Romero Rainey says in a new op-ed.
ICBA leading push on ILC, overdraft, credit union bills
With several key community banking policy issues coming up for a vote in the coming days, ICBA is urging community bankers to speak out while it engages lawmakers in Washington.
ICBA Offers Tips to Help Simplify the Home Buying Process
In recognition of National Homeownership Month in June, ICBA and the nation’s community banks encourage consumers to consult their local community bank to learn how to make financing a mortgage or...
ICBA and 44 State Banking Associations Express Concern Over Proposal That May Choke Off Credit to Legal Businesses
ICBA and 44 state banking associations, strongly urged the FDIC not to allow its proposed statement of principles on climate-risk management for large banks to limit financial institutions from...
ICBA, state groups express concerns over climate risk management framework
ICBA and 44 state banking groups wrote to the FDIC to express concerns that the agency’s proposed climate risk management framework for large banks could “choke off” lawful but climate-disfavored...
USDA B&I loan program funding running out
The USDA told Business and Industry Guaranteed Loan Program stakeholders that it has discontinued allocating funds on an as-requested basis because the program is running low on authorized funding.
Lawmakers echo ICBA’s CBDC concerns during hearing
Members of Congress from both parties raised concerns about the impact of a U.S. central bank digital currency on community banks after ICBA told lawmakers it opposes the digital dollar.