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FDIC announces relief for Georgia, Vermont banks

The FDIC announced regulatory relief to facilitate recovery in areas of Georgia affected by Tropical Storm Debby and areas of Vermont affected by severe storms, flooding, landslides, and mudslides.

Sep 30, 2024
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Article

ICBA urging community banker participation in EGRPRA review

ICBA recently issued a guide to help community bankers participate in the Economic Growth and Regulatory Paperwork Reduction Act review process launched by banking regulators this year.

Sep 30, 2024
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Article

ICBA Community tops 4,000 users

The ICBA Community online platform continues to grow and has now surpassed 4,000 members.

Sep 27, 2024
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Article

ICBA push on credit union deals garners more media attention

ICBA’s campaign opposing credit union acquisitions of tax-paying community banks continued generating headlines with a new Bloomberg report on the FDIC’s recent policy update on bank mergers.

Sep 27, 2024
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Article
Credit Unions

Senator Moran: Help needed for agriculture

The current farm bill is not adequate to provide relief or safety nets for U.S. farmers, nor is it reflective of the current state of the farm economy, said Sen. Jerry Moran (R-Kan.), a lead...

Sep 25, 2024
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Article
Farm Bill

CFPB sets up webpage for standard-setting organizations

The Consumer Financial Protection Bureau set up a webpage for public comment applications to become a recognized standard setter under the Personal Financial Data Rights Rule.

Sep 25, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA files appellate brief in CRA rule legal challenge

ICBA and other groups filed an appellate brief with the U.S. Court of Appeals for the 5th Circuit as part of their legal challenge to federal banking regulators’ Community Reinvestment Act final rule.

Sep 24, 2024
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Article
Compliance Community Reinvestment Act (CRA)

Community bankers report reg burden during EGRPRA outreach meeting

Community bankers voiced discontent with excessive regulatory burdens during an ICBA-advocated outreach meeting under the current Economic Growth and Regulatory Paperwork Reduction Act review.

Sep 26, 2024
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Article
Office of the Comptroller of Currency (OCC)

OCC: Banks affected by Hurricane Helene can close

The OCC said national banks, federal savings associations, and federal branches and agencies of foreign banks can close in areas of Alabama, Florida, Georgia, and Tennessee affected by Hurricane...

Sep 26, 2024
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Article

ICBA: Record-tying credit union acquisition comes amid increased scrutiny

Following this year’s 16th credit union acquisition of a community bank — which ties the record for most in a single year — ICBA continued its call for Congress to investigate credit...

Sep 25, 2024
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Article
Credit Unions

Another Community Bank Acquisition by Tax-Exempt Credit Union as Policymakers and Taxpayers Increase Scrutiny

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 16th acquisition of a tax-paying bank by a tax-exempt...

Sep 24, 2024
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Article
Credit Unions

Survey shows rise in sophisticated fraud tactics

Sixty-two percent of institutions reported a rise in sophisticated fraud tactics, according to a new survey by the Center for Payments, Nacha, and ICBA.

Sep 24, 2024
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Article
Fraud

ICBA briefing today ahead of EGRPRA outreach meeting

With the federal banking agencies hosting a virtual outreach meeting this week under their latest Economic Growth and Regulatory Paperwork Reduction Act review, ICBA is hosting a briefing at 1 p.m....

Sep 23, 2024
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Article
Agencies/Regulators 

FinCEN publishes beneficial ownership toolkit

The Financial Crimes Enforcement Network published a toolkit for small-business owners with beneficial ownership reporting requirements.

Sep 20, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

ICBA continues urging participation in EGRPRA review

ICBA recently issued a guide to help community bankers participate in the Economic Growth and Regulatory Paperwork Reduction Act review process launched by banking regulators this year.

Sep 24, 2024
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Article
Agencies/Regulators 

ICBA files appellate brief in CRA rule legal challenge

ICBA and other groups filed an appellate brief with the U.S. Court of Appeals for the 5th Circuit as part of their legal challenge to federal banking regulators’ Community Reinvestment Act final rule.

Sep 23, 2024
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Article
Community Reinvestment Act (CRA)

CFPB proposes amendment to remittance transfer rule

The Consumer Financial Protection Bureau issued a proposed rule with an amendment to disclosure requirements for certain international money transfers.

Sep 23, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Independent Banker breaks down instant payment adoption

The latest Independent Banker magazine details community banks’ uptake of instant payment systems such as FedNow and Real-Time Payments.

Sep 20, 2024
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Article

ICBA urging community banker participation in EGRPRA review

ICBA recently issued a guide to help community bankers participate in the Economic Growth and Regulatory Paperwork Reduction Act review process launched by banking regulators this year.

Sep 20, 2024
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Article

CFPB releases FAQs on ‘buy now, pay later’ products

The Consumer Financial Protection Bureau released frequently asked questions to help industry participants understand, implement, and comply with the requirements in Regulation Z for “buy now, pay...

Sep 19, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance