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CFPB issues guidance on reopening closed deposit accounts

The Consumer Financial Protection Bureau issued a circular affirming that banks might violate federal law if they unilaterally reopen a deposit account to process transactions after a consumer has...

May 12, 2023
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Article
Compliance

ICBA Capital Summit speakers finalized

Treasury Secretary Janet Yellen and Consumer Financial Protection Bureau Director Rohit Chopra are among the speakers set to address next week’s 2023 ICBA Capital Summit in Washington, D.C.

May 10, 2023
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Article

92% of eligible individuals received Economic Impact Payment: study

Pandemic-era Economic Impact Payments reached 92% of potentially eligible individuals, according to a report from federal researchers.

May 10, 2023
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Article
Lending

ICBA Announces Staff Promotions

The Independent Community Bankers of America (ICBA) today announced several staff promotions in recognition of their efforts to support the nation’s community banks.

May 09, 2023
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Article