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Hsu: CRA update supports MDIs, CDFIs

The proposed update to Community Reinvestment Act regulations incentivizes banks to support minority depository institutions and community development financial institutions, Acting Comptroller of...

Jun 10, 2022
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Article
Community Reinvestment Act (CRA)

ICBA continues blog series on stablecoin collapse

ICBA continued its new series of blog posts on the collapse of the TerraUSD stablecoin and its broader impact.

Jun 10, 2022
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Article
Digital Assets

ICBA, state associations urge passage of cannabis safe harbor

ICBA and a coalition of 44 state community banking associations urged Congress to include a cannabis banking safe harbor in the America COMPETES Act conference report.

Jun 09, 2022
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Article
Cannabis banking

CFPB terminates Upstart no-action letter

The Consumer Financial Protection Bureau said it terminated Upstart Network from its list of approved “no-action letters” at Upstart’s request.

Jun 09, 2022
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Article
Compliance