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ICBA: FHFA guidance on FHLBank liquidity won’t work
ICBA and state community banking associations told the Federal Housing Finance Agency that its recent Advisory Bulletin to the FHLBanks regarding credit risk management expectations for member...
Agencies issue joint statement on institutions affected by Hurricane Milton
Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions.
ICBA CRA Solutions/Senior Housing Crime Prevention Foundation Names New Chairman
ICBA CRA Solutions/Senior Housing Crime Prevention Foundation today announced the election of Gary Teagno, president and founder of Zeus Advisory Services as chairman of the Senior Housing Crime...
ICBA Commends FDIC Proposal to Enhance Industrial Loan Company Oversight as Polling Shows Concerns with ILC Loophole
ICBA today expressed support for an FDIC proposed rule that would enhance oversight of industrial loan companies, or ILCs.
Fed’s Bowman cites community bank, credit union regulatory disparities
Federal Reserve Governor Michelle Bowman said regulatory disparities between community banks and nonbank providers—including credit unions—can have a distortive effect on competition.
ICBA task force releases check fraud detection guide
ICBA’s Check Fraud Task Force published a guide that explains the solutions available to community banks to detect instances of check fraud.
DOJ announces first credit union redlining settlement
The Justice Department announced that Citadel Federal Credit Union has agreed to pay more than $6.5 million to resolve allegations that it engaged in lending discrimination by redlining...
ICBA raises relief funds, posts online resources
The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.