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CFPB updates TRID rule FAQs

CFPB updates TRID rule FAQs The Consumer Financial Protection Bureau issued additional frequently asked questions on its TILA-RESPA integrated disclosure rule. The Consumer Financial Protection...

May 17, 2021
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Article
Compliance

Fed again extends rule allowing PPP loans to directors

Fed again extends rule allowing PPP loans to directors The Federal Reserve Board for the third time extended its rule allowing certain bank directors and shareholders to apply to their banks for...

May 17, 2021
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Article

ICBA, Community Bankers of Georgia Urge FDIC to Reject Credit Union Merger Proposal

ICBA, Community Bankers of Georgia Urge FDIC to Reject Credit Union Merger Proposal ICBA and The Venture Center today announced a series of curriculum-driven events as part of its expanded ICBA...

May 14, 2021
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Article
Credit Unions

ICBA issues custom op-ed opposing public banking

ICBA issues custom op-ed opposing public banking ICBA released a customizable op-ed that community bankers can use to spread the word about the risks posed by proposals to establish taxpayer-funded...

May 17, 2021
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Article
State-Owned/Public Banks

FI Works Announces Partnership with First Community Bank & Trust

FI Works Announces Partnership with First Community Bank & Trust FI Works is excited to announce a new partnership with First Community Bank and Trust of Beecher, Illinois. First Community Bank and...

May 14, 2021
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Article

ICBA, The Venture Center Kick off Thought Leadership Series

ICBA, The Venture Center Kick off Thought Leadership Series ICBA and The Venture Center today announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH initiative. The...

May 12, 2021
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Article
Technology

ICBA, ProfitStars Expand Preferred Service Provider Program with Information Security and Risk Management Solutions

ICBA, ProfitStars Expand Preferred Service Provider Program with Information Security and Risk Management Solutions The Independent Community Bankers of America today announced it has extended its...

May 11, 2021
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Article

ICBA continues support for ‘true lender’ rule

ICBA continues support for ‘true lender’ rule ICBA and other groups told Congress they oppose legislative efforts to repeal the OCC’s “true lender” rule. The OCC rule, which ICBA supported in a...

May 07, 2021
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Article
Lending Technology Regulatory Relief

ICBA, groups urge OCC to withdraw CRA rule

ICBA, groups urge OCC to withdraw CRA rule ICBA and other groups this week called on the OCC to formally withdraw its Community Reinvestment Act rule or delay its January 2023 compliance date for...

May 07, 2021
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Article
Community Reinvestment Act (CRA)

ICBA Names Kristina Morris as Director of Innovation

ICBA Names Kristina Morris as Director of Innovation ICBA announced today that Kristina Morris has joined as director of innovation. In this role Morris will work with the ICBA ThinkTECH...

May 06, 2021
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Article

ICBA urges OCC to block sale of mutual bank’s assets to credit union

ICBA urges OCC to block sale of mutual bank’s assets to credit union ICBA's Mutual Council and America’s Mutual Banks urged the OCC to suspend the sale of Brainerd Savings and Loan Association...

May 12, 2021
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Article
Credit Unions

FS-ISAC Coronavirus Update, May 12, 2021

FS-ISAC Coronavirus Update, May 12, 2021 The rate of new Covid cases in the US fell to an average of 38,800 per day Monday, according to data compiled by Johns Hopkins University, the first time...

May 12, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

ICBA to Serve as Strategic Advisor to JAM FINTOP Banktech Investment Fund

ICBA to Serve as Strategic Advisor to JAM FINTOP Banktech Investment Fund The Independent Community Bankers of America (ICBA) will serve as a strategic advisor for JAM FINTOP Banktech, a $150...

May 10, 2021
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Article

ARRC issues market indicators supporting LIBOR alternative

ARRC issues market indicators supporting LIBOR alternative The Alternative Reference Rates Committee last week published market indicators it will consider in recommending a forward-looking Secured...

May 10, 2021
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Article
Compliance

ICBA to FinCEN: exempt banks from beneficial owner mandates

ICBA to FinCEN: exempt banks from beneficial owner mandates ICBA called on the Financial Crimes Enforcement Network to amend its customer due diligence rules and withdraw its requirement that banks...

May 10, 2021
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Article
Regulatory Relief

FS-ISAC Coronavirus Update, May 7, 2021

FS-ISAC Coronavirus Update, May 7, 2021 Americans have entered a new, hopeful phase of the pandemic as the outlook has improved across the nation, with cases and hospitalizations at their lowest...

May 07, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Treasury extends MDI, CDFI program

Treasury extends MDI, CDFI program The Treasury Department extended its program to invest in Minority Depository Institutions and Community Development Financial Institutions, as requested by ICBA....

May 06, 2021
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Article
Minority Owned Depository Institutions (MDI)

Postal banking won’t deliver: letter

Postal banking won’t deliver: letter While increasing financial inclusion and improving U.S. Postal Service financial stability are worthy goals, postal banking would accomplish neither,...

May 05, 2021
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Article
Postal Service Banking

FS-ISAC Coronavirus Update, May 5, 2021

FS-ISAC Coronavirus Update, May 5, 2021 So far, about 145 million adults - about 56% of the adult population in the US - have received at least one dose of Covid-19 vaccine, according to the latest...

May 05, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Bowman provides reg update on fintech partnerships

Bowman provides reg update on fintech partnerships A recent column from Federal Reserve Gov. Michelle Bowman provides an update on regulatory efforts to promote community bank innovation and...

May 03, 2021
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Article
Regulatory Relief