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ICBA, groups file lawsuit against CRA final rule

ICBA, the Independent Bankers Association of Texas, TBA, ACC, ABA, U.S. Chamber of Commerce, and Longview Chamber of Commerce filed a lawsuit against the federal banking regulators for exceeding...

Feb 06, 2024
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Article
Compliance Community Reinvestment Act (CRA)

Grassroots campaigns pushing ILC, ‘trigger leads’ bills

ICBA continues calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage...

Feb 06, 2024
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Article
Grassroots/Be Heard

Trade Associations Sue Regulators for Exceeding Statutory Authority in New Community Reinvestment Act Rules

ICBA and others today filed a joint lawsuit in the Northern District of Texas against the Federal Reserve, FDIC and OCC for exceeding their statutory authority and acting arbitrarily and...

Feb 05, 2024
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Article
Community Reinvestment Act (CRA)

FS-ISAC offers identity theft tips for commercial customers

The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary offers tips for educating commercial customers on identity theft.

Feb 05, 2024
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Article
Fraud

Fed holds rates steady, citing inflation target

The Federal Open Market Committee voted to hold target interest rates steady, citing a solid expansion of economic activity and inflation uncertainty.

Feb 01, 2024
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Article
Inflation

ICBA pressing grassroots on bill to close ILC loophole

ICBA is calling on community bankers to urge their senators to support Senate legislation to permanently close the industrial loan company loophole.

Jan 31, 2024
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Article
Grassroots/Be Heard

Advocacy dashboard updated ahead of Capital Summit

ICBA updated its “Advocacy in Action” government relations dashboard for the first quarter with the latest community banking advocacy successes and priorities.

Jan 31, 2024
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Article
Advocacy

The impact of CRA modernization

Could the final rule cause thoughts of early retirement? Have you read the new best-seller co-authored by the FDIC, the Federal Reserve and the OCC? It’s been as slow as molasses but it’s finally...

Jan 31, 2024
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Article

Bowman: Regulators should focus more on third-party providers

Federal Reserve Governor Michelle Bowman said she is concerned that federal regulators respond to financial industry risks by focusing too much on regulated banks.

Feb 05, 2024
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Article

Senate committee discusses ICBA check fraud concerns

The Senate Banking Committee spotlighted ICBA concerns with how check fraud enabled by large financial institutions and the U.S. Postal Service is affecting community banks and their customers.

Feb 02, 2024
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Article
Fraud

Tennessee court allows credit union bank acquisition to proceed

A Tennessee appellate court overturned a decision by the state’s banking regulator to block a credit union acquisition of a bank.

Feb 02, 2024
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Article
Credit Unions

Grassroots push for bill to close ILC loophole

ICBA is calling on community bankers to urge their senators to support Senate legislation to permanently close the industrial loan company loophole.

Feb 02, 2024
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Article
Grassroots/Be Heard

ICBA to Congress: Community banks seeking cooperation to combat check fraud

ICBA today is raising concerns to Congress about how check fraud enabled by the U.S. Postal Service and large financial institutions is affecting community banks and their customers.

Feb 01, 2024
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Article
Congressional Matters Fraud

Agencies propose revised call report to reflect capital reforms

Federal banking regulators proposed revising the call report consistent with their proposed rule to update regulatory capital standards.

Feb 01, 2024
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Article
Agencies/Regulators 

Fed strengthens investing standards on senior officials

The Federal Open Market Committee said its policy on senior officials’ investment and trading activity will apply to more Federal Reserve System staff.

Feb 01, 2024
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Article
Federal Reserve

ICBA supports Basel Committee work on crypto disclosure framework

ICBA expressed support for the Basel Committee on Banking Supervision’s work to draft a regulatory framework for disclosing cryptoasset exposures in banking entities’ financial statements.

Jan 31, 2024
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Article
Digital Assets

FHFA scorecard doesn’t address 15-year conservatorship: ICBA

A new Federal Housing Finance Agency scorecard on Fannie Mae and Freddie Mac fails to address the 15-year conservatorship of the government-sponsored enterprises, ICBA said.

Jan 31, 2024
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Article
Federal Housing Finance Agency

ICBA updates advocacy dashboard

ICBA updated its “Advocacy in Action” government relations dashboard for the first quarter with the latest community banking advocacy successes and priorities.

Jan 30, 2024
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Article
Advocacy

ICBA-CISA tabletop exercise returns

ICBA and the Cybersecurity and Infrastructure Security Agency are scheduled to host a quarterly tabletop exercise to support community bank cybersecurity.

Jan 30, 2024
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Article
Cybersecurity

ICBA Selects Ncontracts as a Preferred Service Provider for Vendor, Risk, and Compliance Management

ICBA announced that Ncontracts has been selected as its newest Preferred Service Provider. Ncontracts, provides integrated vendor, risk, and compliance management solutions.

Jan 30, 2024
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Article