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ICBA ThinkTECH Accelerator Showcase Hosted at Graduate School of Banking at Colorado

ICBA announced its upcoming ICBA ThinkTECH Accelerator program Showcase will take place at the Graduate School of Banking at Colorado (GSBC).

Jul 08, 2024
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Article

ICBA to CISA: Exempt community banks from cyber reporting proposal

ICBA called on the Cybersecurity and Infrastructure Security Agency to exempt community banks from new cyber reporting rules.

Jul 05, 2024
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Article
Digital Assets

Basel Committee moves forward on crypto standards

The Basel Committee on Banking Supervision announced that it has reviewed the comments on its proposed crypto asset exposure disclosure and amendments to its standard on banks’ exposure to crypto...

Jul 05, 2024
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Article
Digital Assets

Treasury proposes expanded jurisdiction over transactions near military installations

The Treasury Department proposed a rule to add military installations across 30 states to its jurisdiction over transactions by foreign persons in the U.S.

Jul 09, 2024
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Article
Digital Assets

Best Community Banks to Work For nominations due today

Nominations for Independent Banker magazine’s 2024 Best Community Banks to Work For awards are due today. Eligible community banks must submit nominations by 11:59 p.m. (Eastern time).

Jul 05, 2024
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Article

ICBA: FinCEN underestimates suspicious activity reporting burden

The Financial Crimes Enforcement Network underestimates the amount of time and resources community banks dedicate to reporting suspicious activity, ICBA told the agency.

Jul 03, 2024
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Article
Compliance Financial Crimes Enforcement Network (FinCEN)

CISA adds cyberattack vulnerability to catalog

The Cybersecurity and Infrastructure Security Agency added the Cisco NX-OS Command Injection Vulnerability to its Known Exploited Vulnerabilities Catalog.

Jul 03, 2024
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Article
Cybersecurity

CFPB spotlights violations from recent exams

The CFPB said that its recent examinations revealed unfair, deceptive, or abusive acts at companies servicing auto loan and student loans; Fair Debt Collection Practices Act violations by debt...

Jul 03, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Independent Banker showcases top lenders of 2024

This month’s Independent Banker magazine recognizes the top lenders of 2024, the top community bank loan producers based on 2023 FDIC data.

Jul 02, 2024
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Article

ICBA Independent Banker Recognizes Community Banks in Top Lenders List

Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America® (ICBA), has announced its 2024 Top Lenders.

Jul 03, 2024
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Article
Technology

ICBA: Government Underestimates Suspicious Activity Reporting Burden

The federal government underestimates the amount of time and resources community banks dedicate to reporting suspicious activity, the Independent Community Bankers of America (ICBA) told the...

Jul 02, 2024
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML)

Op-ed: Credit unions unfairly using tax breaks

Large credit unions are using the savings from their federal tax exemption to acquire taxpaying community banks at an alarming rate, Mississippi Bankers Association President and CEO Gordon Fellows...

Jul 02, 2024
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Article
Credit Unions

Agencies release updated mortgage survey data

The Consumer Financial Protection Bureau and Federal Housing Finance Agency published updated loan-level data collected through the National Survey of Mortgage Originations.

Jul 02, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Services Network Appoints Ohio Community Banker as New Chairman

ICBA Services Network, the business-services subsidiary of ICBA, today announced the election of Shon Myers, chairman, president and CEO of Farmers & Merchants Bank in Miamisburg, Ohio, as chairman...

Jun 28, 2024
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Article

Fed’s Bowman cites concerns with credit union bank acquisitions

Federal Reserve Governor Michelle Bowman raised concerns with credit union acquisitions of banks, noting the tax-exempt financial firms are exempt from the Community Reinvestment Act.

Jun 28, 2024
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Article

ICBA urges senators to co-sponsor bill to close ILC loophole

ICBA urged senators to co-sponsor ICBA-advocated legislation to permanently close the industrial loan company loophole.

Jun 28, 2024
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Article
Grassroots/Be Heard

GM withdraws ILC charter application

General Motors withdrew its ICBA-opposed application for deposit insurance, suspending its bid to form an industrial loan company.

Jun 27, 2024
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Article

Sen. Stabenow: It’s time to pass a farm bill

Senate Agriculture Committee Chair Debbie Stabenow (D-Mich.) called for negotiations on the next farm bill.

Jun 27, 2024
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Article
Farm Bill

Fed’s Bowman recommends Basel III Endgame changes

Federal Reserve Governor Michelle Bowman said she sees a path forward for implementing proposed Basel III Endgame capital rules that addresses concerns with their effectiveness and efficiency.

Jun 27, 2024
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Article

New ICBA podcast on check fraud

The latest episode of ICBA’s “Independent Banker” podcast, sponsored by FIS, discusses why check fraud has become such a problem.

Jun 26, 2024
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Article