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Chopra: CFPB’s 1033 proposal coming next month

The Consumer Financial Protection Bureau next month will propose standards for sharing consumer financial data, CFPB Director Rohit Chopra said.

Sep 08, 2023
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Article
Compliance

Community bank net income rises 3.4% in Q2

Community banks reported a 3.4% second-quarter increase in net income from the previous quarter and a 0.7% increase from the same period a year ago, according to the FDIC’s latest Quarterly Banking...

Sep 08, 2023
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Article
Community Bank Awareness

FDIC launching new site for consumer compliance, CRA exam activities

The FDIC said it will launch a new Banker Engagement Site through FDICconnect this month for examination-related activities.

Sep 06, 2023
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Article
Compliance

ICBA conducting Marketing and Communications Toolkit survey

ICBA is conducting a survey to learn how member community bankers use its "Tell Your Story" Marketing and Communications Toolkit to help elevate and distinguish community banking in the hearts and...

Sep 06, 2023
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Article
Marketing

ICBA Honors 2023 National Community Bank Service Award Recipients

ICBA today announced the winners of its 2023 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local...

Sep 06, 2023
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Article

ICBA Seeks Information from Federal Credit Union Agency on Rakuten Charter Application

ICBA today asked the National Credit Union Administration to provide information on whether Rakuten Inc. has applied for a federal credit union charter or for insurance under the agency’s Share...

Sep 06, 2023
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Article
Credit Unions

New tool ensures advertising regulatory compliance

The Check Your Ad Program, a new tool from Community Banker University, takes the guesswork out of advertising regulatory compliance.

Sep 06, 2023
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Article
Compliance

ICBA Foundation continues raising funds for Maui wildfire relief

The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by a recent series of deadly wildfires on the Hawaiian...

Sep 05, 2023
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Article
Crisis Preparedness

Agencies address supervisory practices for institutions affected by Hurricane Idalia

Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Idalia on the customers and operations of many financial institutions and will...

Sep 05, 2023
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Article
Crisis Preparedness

ICBA continues advocacy push as Congress return

With Congress back in Washington from its August recess, ICBA continues encouraging community bankers to use its grassroots alerts and customizable resources on various pressing advocacy issues.

Sep 05, 2023
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Article
Advocacy

ICBA: Five Credit Union Acquisitions of Taxpaying Community Banks in One Week Demands Congressional Action

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on recent acquisitions of taxpaying community banks by tax-exempt credit unions.

Sep 01, 2023
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Article
Credit Unions

Senators urge CFPB to grant nationwide stay of 1071 rule

Sen. John Kennedy (R-La.) and seven other Senate Banking Committee members asked the Consumer Financial Protection Bureau to issue a nationwide stay of its Section 1071 rule amid a pending court...

Sep 01, 2023
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Article
Compliance

ICBA Foundation continues raising funds for Maui wildfire relief

The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by a recent series of deadly wildfires on the Hawaiian...

Sep 01, 2023
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Article
Crisis Preparedness

New ICBA podcast on budgeting for innovation

The latest episode of ICBA’s “Independent Banker” podcast spotlights how to budget for innovation and find the right fintech partners.

Sep 01, 2023
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Article
Fintech Innovation

ICBA Commends FDIC for Proposing New Debt Requirements for Large Banks

The Independent Community Bankers of America (ICBA) today commended the Federal Deposit Insurance Corp. board of directors for proposing debt requirements for banks over $100 billion in assets.

Aug 29, 2023
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Article
Deposit Insurance

ICBA urges agencies to ensure access to automated real estate valuation models

ICBA called on federal regulators to avoid disincentivizing the use of automated valuation models, or AVMs, which mortgage lenders use to value real estate collateral.

Aug 23, 2023
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Article
Commercial Lending Compliance Housing Finance/GSEs

New agency fact sheet details quantum computer threat

The Cybersecurity and Infrastructure Security Agency and other agencies issued a fact sheet on the capabilities of quantum computers, which pose new security threats to existing information systems.

Aug 23, 2023
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Article
Cybersecurity

ICBA Foundation activates to raise funds for Maui wildfire relief

The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by a recent series of deadly wildfires on the Hawaiian island of...

Aug 21, 2023
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Article
Advocacy

FDIC amends Equal Housing Lender posters

The FDIC said it recently amended details of its Equal Housing Lender posters, which FDIC-supervised institutions are required by the Fair Housing Act to maintain in branches.

Sep 01, 2023
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Article
Compliance

Amid series of credit union acquisitions, ICBA continues pressing Congress to act

Following several credit union acquisitions of community banks this week, ICBA repeated its call for Congress to investigate these taxpayer-subsidized deals.

Sep 01, 2023
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Article
Credit Unions