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ICBA mission crucial to 2023 successes: Romero Rainey

Never has ICBA’s community bank-focused mission been more important than in 2023, ICBA President and CEO Rebeca Romero Rainey said this week in a message to the nation’s community bankers.

Dec 22, 2023
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Article

New NCUA board member confirmed

The Senate confirmed Tanya Otsuka to serve as a member of the National Credit Union Administration board. Otsuka replaces board member Rodney Hood, whose term expired in August.

Dec 22, 2023
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Article
National Credit Union Administration (NCUA)

FDIC finalizes rules on official sign, misrepresentations

The FDIC board of directors adopted a final rule to modernize rules governing the use of official FDIC signs and to clarify agency regulations on deposit insurance misrepresentations.

Dec 21, 2023
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Article

Agencies adjust CRA asset thresholds

Federal regulators announced the 2024 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.

Dec 21, 2023
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Article
Community Reinvestment Act (CRA)

Romero Rainey: ICBA mission crucial to 2023 successes

Never has ICBA’s community bank-focused mission been more important than in 2023, ICBA President and CEO Rebeca Romero Rainey said in a message to the nation’s community bankers.

Dec 20, 2023
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Article

Biden vetoes ICBA-advocated 1071 resolution

President Joe Biden vetoed an ICBA-advocated bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule.

Dec 20, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA urges Congress to override veto of 1071 resolution

ICBA expressed opposition to President Joe Biden’s veto of a bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule and called on Congress to override the veto.

Dec 21, 2023
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Article
Consumer Financial Protection Bureau (CFPB)

FDIC emphasizes impact of largest banks on 2024 budget

The FDIC board of directors approved the agency’s 2024 operating budget while citing the disproportionate cost of overseeing the largest and riskiest banks.

Dec 21, 2023
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Article