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EGRPRA outreach meeting registration closes tomorrow

ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by tomorrow’s deadline.

Aug 08, 2024
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Article

Independent Banker: What community banks can learn from behavioral economics

Research into behavioral economics has generated insights on how consumers make decisions, which can help community banks meet the needs of customers, according to the latest issue of Independent...

Aug 07, 2024
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Article

EGRPRA outreach meeting registration closes Friday

ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.

Aug 07, 2024
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Article
Agencies/Regulators 

FHA publishes final rule on engagement with mortgagors in default

The Federal Housing Administration published a final rule to update a HUD regulation that requires mortgagees to meet in person with borrowers who are in default on their mortgage payments.

Aug 06, 2024
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Article
Compliance

ICBA objects to FCC using Weiss Ratings for access to certain programs

ICBA told the Federal Communications Commission that Weiss Ratings is ill-suited for use as a gatekeeper for certain FCC programs.

Aug 06, 2024
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Article
Federal Communications Commission (FCC)

OCC: Banks in Florida, Georgia affected by Hurricane Debby can close

The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida and Georgia affected by Hurricane Debby.

Aug 06, 2024
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Article

Ohio Community Banker Named TCM Bank Chairman

TCM Bank, N.A., the credit card bank of ICBA Payments, announced the election of new board members.

Jul 17, 2024
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Article
Bank Director/Board Member

ICBA: New FHLBank lending restrictions will reduce access to home loans

A recent Federal Home Loan Bank of New York decision to impose new reporting requirements on member banks will restrict access to home loans, ICBA said.

Jul 17, 2024
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Article
Federal Home Loan Banks (FHLB)

ICBA continues seeking feedback on check fraud

ICBA continues encouraging community bankers to share their experiences and input on the challenge of check fraud.

Jul 17, 2024
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Article
Fraud

ICBA: New Federal Home Loan Bank Lending Restrictions Will Harm Access to Home Loans

The Independent Community Bankers of America (ICBA) today issued the following statement on the Federal Home Loan Bank of New York’s recent announcement that it will restrict lending by its member...

Jul 16, 2024
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Article
Federal Home Loan Banks (FHLB)

ICBA: FHLBanks’ mission should not be changed

ICBA told the Federal Housing Finance Agency that the Federal Home Loan Banks’ mission is clear and does not need to be substantially changed or clarified.

Jul 16, 2024
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

FDIC holding second signage webinar for bank officers

The FDIC this month is scheduled to hold the second of four webinars for bank officers and employees on its final rule governing the usage of official FDIC signs, advertising, name, logo, and more.

Jul 16, 2024
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Article

Comments on FHLBank system mission review due today

Today is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.

Jul 15, 2024
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

AT&T discloses customer data breach

AT&T released a statement on unauthorized access of customer data from a third-party cloud platform.

Jul 15, 2024
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Article
Data Breach Cybersecurity

FDIC nominee: Community banks are the lifeblood of many communities

The Biden administration’s nominee for FDIC chair—Christy Goldsmith Romero—told Congress she gained a great appreciation for community banks during her time at the Office of the Special...

Jul 12, 2024
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Article

Input on FHLBank system mission review due Monday

Monday is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.

Jul 12, 2024
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

Fed researchers: Banks that share name with failed institutions experience loss of business

Federal Reserve researchers said banks that share their name with a failed bank experience a half-percent drop in transaction deposits relative to banks with similar characteristics but different...

Jul 15, 2024
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Article

FHFA releases VantageScore 4.0 credit scores

The Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac are making historical VantageScore 4.0 credit scores available to approved users to support the transition to updated...

Jul 12, 2024
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Article
Secondary Mortgage Market Secondary Mortgage Market Federal Housing Finance Agency

Megabank group urges IG to investigate community bank assessment exemption

The Bank Policy Institute called on the FDIC Office of the Inspector General to investigate the FDIC’s recent special assessment, which exempted the vast majority of community banks.

Jul 11, 2024
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Article

Comptroller lauds ICBA’s check fraud efforts

Acting Comptroller of the Currency Michael Hsu highlighted the formation of ICBA’s Check Fraud Task Force as an important step in addressing financial fraud.

Jul 11, 2024
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Article
Checks Fraud