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New blog post offers key takeaways of Fed CBDC papers

A new ICBA blog post spotlights the key community banker takeaways of recent Federal Reserve reports on the possibility of a future U.S. central bank digital currency.

Feb 17, 2022
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Article
Digital Assets

ICBA advocates bills supporting MDIs, CDFIs

ICBA expressed support for several pending House bills designed to support minority depository institutions and community development financial institutions.

Feb 17, 2022
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Article
Minority Owned Depository Institutions (MDI)

ICBA raises concerns with Basel climate risk paper

ICBA expressed concerns with a Basel Committee on Banking Supervision document on bank management and supervisory oversight of climate risk.

Feb 17, 2022
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Article
Risk

ICBA to Senate: Oppose Postal Banking Amendments

The Independent Community Bankers of America called on senators to oppose amendments to the Postal Service Reform Act of 2022 (H.R. 3076) that would authorize the U.S. Postal Service to offer...

Feb 15, 2022
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Article
Government Banks Postal Service Banking

ICBA urges senators to oppose postal banking amendments

ICBA urges senators to oppose postal banking amendments ICBA called on senators to oppose amendments to the Postal Service Reform Act of 2022 (H.R. 3076) that would authorize the U.S. Postal...

Feb 15, 2022
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Article
Government Banks Postal Service Banking

ICBA offers plan for modernizing BSA rules

ICBA laid out its plan for the Financial Crimes Enforcement Network to modernize its outdated Bank Secrecy Act framework to alleviate compliance burdens while producing more useful information for...

Feb 15, 2022
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML) Cybersecurity Technology

Cybersecurity exercises start tomorrow

Cybersecurity exercises start tomorrow ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting tomorrow to support community bank...

Feb 14, 2022
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Article
Cybersecurity Technology

CFPB: Banks already changing overdraft policies

CFPB: Banks already changing overdraft policies The Consumer Financial Protection Bureau said there has been a “notable trend” of banks changing overdraft programs as the bureau begins targeting...

Feb 11, 2022
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Article
Compliance