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FinCEN Issues Advisory on Iran
FinCEN Issues Advisory on Iran The Financial Crimes Enforcement Network issued an advisory to help financial institutions better detect and report potentially illicit transactions related to Iran....
FinCEN Wants to Talk BSA Reporting with Hurricane-Affected Banks
FinCEN Wants to Talk BSA Reporting with Hurricane-Affected Banks The Financial Crimes Enforcement Network said financial institutions affected by Hurricane Florence should contact FinCEN and their...
Facebook Breach Affects 50M Users
Facebook Breach Affects 50M Users Facebook announced a security breach affecting nearly 50 million accounts. Facebook announced a security breach affecting nearly 50 million accounts. Attackers...
‘Tax Reform 2.0’ Passes House
‘Tax Reform 2.0’ Passes House The House passed legislation to permanently extend the lower individual tax rates included in the tax reform law signed late last year. Known as “Tax Reform 2.0,” the...
Contactless Payments Reboot: Get Ready, Get Set
Contactless Payments Reboot: Get Ready, Get Set The time has come for community bank card issuers to begin ramping up their contactless payments strategy. More than half of the top 100 U.S....
Chelsea Groton Bank Named a Winner of the 2018 Top Workplaces Award for Third Straight Year
Chelsea Groton Bank Named a Winner of the 2018 Top Workplaces Award for Third Straight Year Chelsea Groton Bank has been awarded a 2018 Top Workplaces honor by The Hartford Courant, for the third...
Bureau Opening Regional Office in Atlanta
Bureau Opening Regional Office in Atlanta The Bureau of Consumer Financial Protection said it will relocate its southeast regional office from Washington, D.C., to Atlanta, Ga., in late 2019. The...
Wolters Kluwer Announces Interoperability with RSA Archer to Provide Regulatory Data Feed
Wolters Kluwer Announces Interoperability with RSA Archer to Provide Regulatory Data Feed Enhances Institutions’ Access to Regulatory Change Management Content Wolters Kluwer today announced the...
Are You Leveraging Your Card’s Core Benefits?
Are You Leveraging Your Card’s Core Benefits? ICBA Bancard’s Senior Vice President of Card and Payment Products, Julie Hanson, says that many times when she is discussing debit and credit card...
ICBA to IRS: Maximize Sub S Access to Tax Deduction
ICBA to IRS: Maximize Sub S Access to Tax Deduction ICBA and other banking groups called on the IRS to reconsider its approach to implementing the Tax Cuts and Jobs Act’s 20 percent tax deduction...
Community Bank Income Rises 21 Percent
Community Bank Income Rises 21 Percent Community banks reported $6.5 billion in net income during the second quarter, a 21.1 percent gain from the previous year, according to the FDIC’s Quarterly...
Crestmark Closes 18 Transactions Totaling More Than $46.9 Million in the First Half of August
Crestmark Closes 18 Transactions Totaling More Than $46.9 Million in the First Half of August Crestmark secured a total of $46,935,891 in financial solutions with 18 transactions for 14 new...
Lenders Increasingly Ready for Single Security: Survey
Lenders Increasingly Ready for Single Security: Survey Fannie Mae and Freddie Mac said mortgage lenders are increasingly familiar with their plan to begin issuing a common mortgage-backed security...
Automated Systems, Inc. Announces Gold Level Envision Partner Status
Automated Systems, Inc. Announces Gold Level Envision Partner Status Automated Systems, Inc. (ASI), a leading provider of core banking software for community banks, announced its status as a Gold...
Consumer Bureau Joins Innovation Network
Consumer Bureau Joins Innovation Network The Bureau of Consumer Financial Protection and 11 international financial regulators said they plan to create a global network to promote innovation. The...
Tell HUD to Amend Disparate-Impact Rule
Tell HUD to Amend Disparate-Impact Rule ICBA is urging community bankers to tell the Department of Housing and Urban Development to amend its fair lending disparate-impact rule to meet the...
Chelsea Groton Bank Proudly Introduces A Switch Hotline
Chelsea Groton Bank Proudly Introduces A Switch Hotline In order to assist individuals and families in switching to a better banking experience, Chelsea Groton Bank is pleased to introduce a new...
OneRD Guaranteed Loan Rule
OneRD Guaranteed Loan Rule The USDA Rural Development Innovation Center is working to combine four guaranteed loan programs under a single regulation. This rule will improve agency efficiency in...
USDA Details Trade Payments Alongside Mexico Deal
USDA Details Trade Payments Alongside Mexico Deal The USDA released details of it's plans to protect farmers from foreign trade retaliation. The department has authorized $12 billion for several...
Roselle Bank Begins Renovations of Operations Center
Roselle Bank Begins Renovations of Operations Center Roselle Bank, which has served central and northern New Jersey for nearly 130 years, has begun renovating its operations center, located at 108...