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ICBA supports proposed tax treatment for digital assets

ICBA expressed support for an Internal Revenue Service proposal designed to clarify the tax treatment of digital assets.

Nov 14, 2023
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Article
Digital Assets

ICBA briefing on CRA rule this week

ICBA is slated to hold a complimentary briefing this week on the interagency final rule to reform Community Reinvestment Act regulations.

Nov 14, 2023
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Article
Community Reinvestment Act (CRA)

Bowman reiterates CRA, interchange, climate concerns

Federal Reserve Governor Michelle Bowman reiterated her concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

Nov 13, 2023
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Article
Federal Reserve

Luetkemeyer raises concerns with GSE credit score change

A key member of the House Financial Services Committee raised concerns with the Federal Housing Finance Agency’s plan to change credit report requirements for Fannie Mae and Freddie Mac mortgages.

Nov 13, 2023
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Article
Federal Housing Finance Agency

Regulators target CRA, interchange, climate standards

Federal Reserve Governor Michelle Bowman expressed concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

Nov 09, 2023
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Article
Compliance

ICBA, state groups request comment extension on 1033 proposal

ICBA and its affiliated state community banking associations called on the CFPB to extend the comment deadline on its proposal to implement standards for sharing consumer financial data under...

Nov 09, 2023
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Article
Compliance

ICBA Statement on Federal Home Loan Bank Report

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Housing Finance Agency report on the Federal Home Loan Banks.

Nov 07, 2023
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Article
Federal Housing Finance Agency

Community Banker University now ICBA Education

ICBA announced the rebranding of Community Banker University to ICBA Education as part of the new ICBA brand, which launched last week.

Nov 07, 2023
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Article

ICBA opposes Labor Department overtime proposal

ICBA expressed strong opposition to a Labor Department proposal that would increase the number of employees who are entitled to overtime compensation.

Nov 07, 2023
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Article
Department of Labor

ICBA expresses concerns with SBA 7(a) expansion

ICBA expressed concerns with a Small Business Administration announcement that it has licensed three new Small Business Lending Companies for its 7(a) loan program.

Nov 06, 2023
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Article
Small Business Administration

ICBA briefing next week on CRA final rule

ICBA is slated to hold a complimentary briefing next week on the interagency final rule to reform Community Reinvestment Act regulations.

Nov 09, 2023
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Article
Compliance

House Ag ranking member calls for one-year farm bill extension

House Agriculture Committee Ranking Member David Scott (D-Ga.) called for a one-year extension of the 2018 farm bill while lawmakers continue to develop a five-year reauthorization.

Nov 07, 2023
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Article
Farm Bill

New ICBA podcast on rising cybercrime

The latest episode of ICBA’s “Independent Banker” podcast spotlights rising cybercrime and the importance of community banks fortifying their cybersecurity operations.

Nov 06, 2023
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Article

ICBA Statement on New SBA 7(a) Lending Companies

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Small Business Administration’s expansion of its 7(a) loan program.

Nov 03, 2023
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Article
Small Business Administration

OCC publishes revised Telephone Consumer Protection Act procedures

The OCC published revised interagency examination procedures for the Telephone Consumer Protection Act.

Nov 02, 2023
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Article
Compliance

ICBA: Additional beneficial ownership reporting changes needed

ICBA said that while it supports the FinCEN’s plan to amend its proposed beneficial ownership information reporting form, it is concerned the proposal would require database users to determine...

Nov 01, 2023
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Article
Congressional Matters

White House releases executive order on AI standards

President Joe Biden signed an executive order to establish new safety, privacy, and equity standards for artificial intelligence.

Oct 31, 2023
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Article
Technology

Watchdog warns of money-laundering threats

The Financial Action Task Force—a global anti-money-laundering watchdog—updated its list of jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.

Nov 06, 2023
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Article
Digital Assets

The 15 Latest Holiday Scams To Watch Out for in 2023

Holiday scams can happen at any time — from Black Friday and Cyber Monday to the weeks and months leading up to the end of the year.

Nov 02, 2023
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Article

Please join us in welcoming our newest field rep, Jean Taddonio

Please join us in welcoming our newest field rep, Jean Taddonio. Jean will be serving Connecticut, Massachusetts, Rhode Island, New Hampshire, Vermont, Maine, New York and New Jersey.

Nov 02, 2023
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Article