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Treasury repeats call for new authorities to target crypto crime

The Treasury Department reiterated its calls for Congress to grant the department additional tools to address illicit actors’ use of cryptocurrencies to facilitate crime.

Apr 10, 2024
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Article
Digital Assets

ICBA polling shows Americans oppose credit card routing mandates

With Congress back in Washington following a two-week district work period, ICBA released polling that shows Americans oppose legislation to create credit card routing mandates.

Apr 08, 2024
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Article
Congressional Matters Credit Cards

ICBA, groups endorse challenge to credit card late fee rule

ICBA and other groups expressed support for House and Senate resolutions to nullify the Consumer Financial Protection Bureau’s final rule to cut credit card late fees.

Apr 10, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Challenge to credit card late fee rule introduced in Senate

An ICBA-backed resolution to nullify the Consumer Financial Protection Bureau’s final rule to cut credit card late fees was introduced in the Senate.

Apr 09, 2024
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Article
Credit Cards

CFPB reports on credit reporting violations as it considers rulemaking

The Consumer Financial Protection Bureau issued a report on accuracy problems in the credit reporting system.

Apr 09, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA Capital Summit this month

Registration is open for the 2024 ICBA Capital Summit, the industry’s premier advocacy event slated for April 28-May 1 in Washington, D.C.

Apr 09, 2024
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Article

Hsu suggests banks should be liable for authorized transactions

Acting Comptroller of the Currency Michael Hsu indicated he supports requiring banks to reimburse customers tricked into sending money to fraudulent accounts.

Apr 05, 2024
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Article
Fraud

Independent Banker profiles ICBA board of directors

This month’s ICBA Independent Banker magazine introduces the 2024-2025 ICBA board of directors.

Apr 04, 2024
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Article

SEC suspends ICBA-opposed climate-disclosure rule

The Securities and Exchange Commission suspended the implementation of its ICBA-opposed final rule requiring climate-related investor disclosures.

Apr 08, 2024
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Article
Security

CFPB monitoring use of mortgage discount points

The Consumer Financial Protection Bureau said it is monitoring the increase in homebuyers paying “discount points” in recent years.

Apr 08, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Community Bankers to Convene for ICBA Capital Summit in the Nation’s Capital

The Independent Community Bankers of America (ICBA) will host hundreds of community bank leaders during the 2024 ICBA Capital Summit from April 28 to May 1 in Washington.

Apr 08, 2024
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Article

Polling Shows Americans Oppose Durbin-Marshall Credit Card Routing Mandates

With Congress back in Washington following a two-week district work period, new polling from the Independent Community Bankers of America (ICBA) shows Americans say legislation to create credit...

Apr 07, 2024
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Article
Credit Cards Regulatory Relief

CFPB report targets financial transactions in video games

The Consumer Financial Protection Bureau issued a report examining the growth of financial transactions in online video games and virtual worlds.

Apr 05, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

FHFA issues progress report on FHLBank policy updates

​​​​​​​​​​​​​​​​​​The Federal Housing Finance Agency provided an update on its implementation of recommendations included in last year’s report on the Federal Home Loan Bank system.

Apr 05, 2024
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Article
Compliance Federal Housing Finance Agency

SEC official: Agency taking consistent approach to crypto

The Securities and Exchange Commission’s head of enforcement, Gurbir Grewal, defended his agency’s actions against illicitly traded cryptoassets.

Apr 04, 2024
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Article
Digital Assets

ICBA urges agencies to issue cease-and-desist orders to Navy Federal

Following Navy Federal Credit Union’s announcement that its overseas military banking program will be called “Community Bank,” ICBA urged regulators to issue cease-and-desist orders directing the...

Apr 03, 2024
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Article
Credit Unions

With Navy Federal Calling Itself a Community Bank, ICBA Urges Regulators to Issue Cease-and-Desist Orders

ICBA President and CEO Rebeca Romero Rainey issued the following statement on tax-exempt Navy Federal Credit Union labeling its program to serve overseas military installations "Community Bank,...

Apr 02, 2024
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Article
Credit Unions

ICBA Celebrates Community Banks Powering Local Communities During Community Banking Month in April

In honor of Community Banking Month in April, the Independent Community Bankers of America (ICBA) is highlighting community bank efforts to power local communities and fuel economic prosperity for...

Apr 02, 2024
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Article
Community Bank Awareness Community Bank Awareness

ICBA kicks off Community Banking Month

ICBA kicked off Community Banking Month, which every April recognizes the service and dedication of community banks to their customers and local communities.

Apr 02, 2024
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Article
Community Bank Awareness

Last week of recess for farm bill district meetings

With members of Congress back home in their districts through this week, ICBA continues urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.

Apr 02, 2024
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Article
Farm Bill