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FS-ISAC Coronavirus Update, June 10, 2021
FS-ISAC Coronavirus Update, June 10, 2021 The seven-day average of daily US infections held below 15,000 as of Tuesday, according to data compiled by Johns Hopkins University, down 17% from a week...
Crapo challenges new bank IRS reporting proposal
Crapo challenges new bank IRS reporting proposal Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) pushed back against a Biden administration proposal that would require financial...
ICBA continues push against House ‘true lender’ repeal
ICBA continues push against House ‘true lender’ repeal ICBA and other groups again urged in a joint letter to House members their opposition to a Senate-passed resolution to repeal the OCC’s “true...
Swap guidance continues LIBOR transition
Swap guidance continues LIBOR transition A Commodity Futures Trading Commission panel recommended best practices for switching interdealer trading conventions from LIBOR to the Secured Overnight...
CFPB issues FAQ on EFT and Reg E
CFPB issues FAQ on EFT and Reg E The Consumer Financial Protection Bureau issued frequently asked questions on unauthorized transfer and error resolution provisions under the Electronic Fund...
IRS begins contacting families on Child Tax Credit
IRS begins contacting families on Child Tax Credit The IRS said it started sending letters to more than 36 million American families who may be eligible to receive monthly Child Tax Credit payments...
ICBA releases new elder abuse awareness resources
ICBA releases new elder abuse awareness resources ICBA released customizable resources to help community banks recognize World Elder Abuse Awareness Day next week. ICBA released customizable...
FS-ISAC Coronavirus Update, June 8, 2021
FS-ISAC Coronavirus Update, June 8, 2021 People who have been vaccinated against coronavirus are more than 90% protected against infection and, if they do become infected, they have milder disease...
ICBA requests more time for interchange feedback
ICBA requests more time for interchange feedback ICBA and other groups called on the Federal Reserve Board of Governors to grant a 30-day extension for its Notice of Proposed Rule Making on Debit...
ICBA updates data privacy guide
ICBA updates data privacy guide ICBA recently released an updated guide for community banks on data privacy laws and regulations. The guide walks community bankers through some of the more...
ICBA to OCC: Rescind charter policy shift
ICBA to OCC: Rescind charter policy shift ICBA and other groups wrote to request the OCC rescind its interpretive letter expanding eligibility to apply for a national trust charter as well as the...
Nick Denning Joins ICBA Bancard as Senior Vice President, Payments Industry Relations
Nick Denning Joins ICBA Bancard as Senior Vice President, Payments Industry Relations ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America, announced the...
ICBA Offers Tips to Help Demystify the Home Buying Process
ICBA Offers Tips to Help Demystify the Home Buying Process In recognition of National Homeownership Month in June, ICBA and the nation’s community banks are reminding consumers to consult their...
ICBA updates data privacy guide
ICBA updates data privacy guide ICBA this week released an updated guide for community banks on data privacy laws and regulations. The guide is available here and in the Cyber and Data Security...
CFPB: Manufactured housing borrowers have higher interest rates
CFPB: Manufactured housing borrowers have higher interest rates Roughly 42 percent of loans for manufactured homes are secured by “chattel” loans secured by the home but not the land, according to...
ICBA, Minority Bank Council: Housing Finance Amendments Hurt Low-Income, Minority Borrowers
ICBA, Minority Bank Council: Housing Finance Amendments Hurt Low-Income, Minority Borrowers ICBA and its Minority Bank Advisory Council urged the Treasury Department and Federal Housing Finance...
ICBA urges House to oppose ‘true lender’ repeal
ICBA urges House to oppose ‘true lender’ repeal ICBA and other groups today are urging House members to oppose a Senate-passed resolution to repeal the OCC’s “true lender” rule. ICBA and other...
FS-ISAC Coronavirus Update, May 24, 2021
FS-ISAC Coronavirus Update, May 24, 2021 A new study conducted between April and May led by Public Health England has found that two doses of either the Pfizer-BioNTech or AstraZeneca-University of...
GAO urges agency collaboration re: alternative data use
GAO urges agency collaboration re: alternative data use The Government Accountability Office reissued its recommendation to the FDIC for enhanced collaboration with other financial regulators...
ICBA, Independent Banker Spotlights Community Bank Emerging Leaders in Annual 40 under 40 List
ICBA, Independent Banker Spotlights Community Bank Emerging Leaders in Annual 40 under 40 List Independent Banker magazine, the award-winning monthly publication of the Independent Community...