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Basel panel proposes tighter standards on bank stablecoin exposures

The Basel Committee published a new consultation paper proposing to refine how it treats stablecoins in its standards for banks’ cryptoasset exposures.

Dec 15, 2023
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Article
Digital Assets

ICBA Strongly Supports Senate Bill to Close ILC Loophole

ICBA today expressed its strong support for bipartisan legislation to close the industrial loan company (ILC) loophole, which allows commercial companies to own full-service banks without the same...

Dec 15, 2023
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Article
Compliance Lending

Williams: Community bankers focused on regulatory environment

ICBA Chairman Derek Williams discusses the community banking industry’s 2024 outlook in the latest “Banking with Interest” podcast from IntraFi.

Dec 14, 2023
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Article
Community Bank Awareness

ThinkTECH Accelerator registration open

Community bankers can now register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

Dec 15, 2023
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Article

ICBA quarterly briefing today

ICBA today is hosting its fourth-quarter update on industry news and highlights.

Dec 13, 2023
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Article

ICBA quarterly briefing tomorrow

ICBA tomorrow is hosting its fourth-quarter update on industry news and highlights. Scheduled for 2 p.m. (Eastern time) tomorrow, Dec. 13

Dec 12, 2023
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Article

ICBA names Aaron Stetter as EVP of affiliate, volunteer relations

ICBA announced that Aaron Stetter is rejoining the organization in a newly created role as executive vice president of affiliate and volunteer relations.

Dec 11, 2023
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Article

The week ahead: final Fed meeting of 2023

The week ahead: final Fed meeting of 2023

Dec 11, 2023
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Article

Revised CDFI certification application released

The Community Development Financial Institutions Fund issued a revised CDFI certification application that addresses ICBA concerns with a previously released proposal.

Dec 08, 2023
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Article
Community Development Financial Institution (CDFI)

FDIC: DIF restoration on track

The FDIC projects the Deposit Insurance Fund reserve ratio will likely reach its 1.35% minimum by the statutory deadline of Sept. 30, 2028, according to an agency update on its DIF restoration plan.

Dec 08, 2023
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Article

Fed holds rates steady, hints at 2024 cuts

The Federal Open Market Committee voted to hold target interest rates at a range of 5.25-5.50% and indicated rate cuts are on the table in 2024.

Dec 14, 2023
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Article
Federal Reserve

Postal Inspectors warning consumers about check washing

The U.S. Postal Inspection Service is warning consumers about check washing, in which fraudsters change payee names and dollar amounts on checks and fraudulently deposit them.

Dec 14, 2023
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Article
Fraud

ThinkTECH Connect set for today

ICBA today is hosting a fast and informative session to explore fintech solutions for community banks.

Dec 14, 2023
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Article

ICBA Supports Bill to Restrict Sale of ‘Trigger Leads’

The Independent Community Bankers of America (ICBA) today expressed support for bipartisan legislation to help protect the financial privacy of mortgage applicants.

Dec 14, 2023
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Article
Mortgage Lending Mortgage Rules

ICBA supports bill to clarify CFPB’s UDAAP authority

ICBA expressed support for new legislation designed to bring clarity and balance to the Consumer Financial Protection Bureau’s application of its authority to oversee unfair, deceptive, and abusive...

Dec 13, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Today: CDFI Fund webinar on revised certification application

The Community Development Financial Institutions Fund is slated to host a live webinar at 1:30 p.m. (Eastern time) today on its recently revised CDFI certification application.

Dec 13, 2023
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Article
Community Development Financial Institution (CDFI)

Buhrmaster named New York Fed director

The Federal Reserve Bank of New York announced that former ICBA Chairman John Buhrmaster, president and CEO of 1st National Bank of Scotia, N.Y., has been elected as a Class A director representing...

Dec 13, 2023
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Article

ICBA Past Chairman Jim Ghiglieri dies

ICBA Past Chairman Jim Ghiglieri died Saturday morning. The former president of Alpha Financial Group in Toluca, Ill., served as ICBA chairman in 2007-2008.

Dec 12, 2023
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Article

FDIC committee on misconduct announces firm conducting review

The FDIC’s special committee to oversee a third-party review of the agency’s workplace culture and misconduct said it appointed the law firm of Cleary Gottlieb Steen & Hamilton LLP to conduct the...

Dec 12, 2023
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Article

OCC: 56.4% of examiners dedicated to midsize, community banks

The OCC said 56.4% of its examiners are assigned to midsize and community bank supervision, compared with 31% assigned to large bank supervision.

Dec 12, 2023
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Article

New podcast on ICBA Community

The latest episode of ICBA’s “Independent Banker” podcast spotlights the positive impact of the ICBA Community platform and how community bankers can make the most out of the platform.

Dec 11, 2023
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Article

FinCEN ceremony recognizes BSA reporting

The Financial Crimes Enforcement Network held its ninth annual Law Enforcement Awards Program to recognize agencies that used Bank Secrecy Act data to successfully pursue and prosecute criminal...

Dec 11, 2023
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Article
Financial Crimes Enforcement Network (FinCEN)

ICBA Names Aaron Stetter as Executive Vice President, Affiliate and Volunteer Relations

ICBA today announced that Aaron Stetter is rejoining the organization in a newly created role as executive vice president, affiliate and volunteer relations.

Dec 08, 2023
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Article

ICBA announces next ThinkTECH Accelerator cohort

ICBA announced the selected companies for its sixth ICBA ThinkTECH Accelerator program.

Dec 08, 2023
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Article

Key offices report on crypto risks to financial sector

This year’s turmoil in the digital assets market exposed and elevated the high level of interconnectedness between digital assets firms and traditional markets, according to the federal Office of...

Dec 08, 2023
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Article
Digital Assets

OCC issues guidance on ‘buy now, pay later’ lending

The OCC issued guidance to national banks and federal savings associations to address the risks associated with “buy now, pay later” lending.

Dec 07, 2023
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Article
Compliance

ICBA urges President Biden to sign resolution blocking 1071 rule

ICBA President and CEO Rebeca Romero Rainey called on President Joe Biden to sign a recently passed bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule.

Dec 07, 2023
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Article
Consumer Financial Protection Bureau (CFPB)

Romero Rainey, Merski again named top lobbyists

ICBA President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski were featured on The Hill’s 2023 list of the nation’s top...

Dec 07, 2023
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Article

ICBA ThinkTECH Accelerator  Cohort Revealed

The Independent Community Bankers of America® (ICBA) today announced the selected companies for its sixth ICBA ThinkTECH Accelerator program (AP6), which will focus on fintech solutions around...

Dec 07, 2023
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Article
Fintech Innovation

ICBA: Agency use of AI could relieve data reporting burden

ICBA offered recommendations for an Office of Management and Budget proposal to establish artificial intelligence governance standards for federal agencies.

Dec 06, 2023
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Article
Technology

ICBA Statement on Revised CDFI Certification Application

ICBA President and CEO Rebeca Romero Rainey issued the following statement on today’s Treasury Department and Community Development Financial Institutions Fund announcement on revisions to the CDFI...

Dec 07, 2023
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Article
Community Development Financial Institution (CDFI)

Regulators rolling out off-cycle exams: Reuters

Reuters reported on bank regulators ramping up off-cycle examinations of community banks following large bank failures earlier this year.

Dec 07, 2023
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Article
Agencies/Regulators 

ICBA's Romero Rainey, Merski Again Named to The Hill’s Top Lobbyist List

ICBA President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski are among the top association executives featured in The...

Dec 07, 2023
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Article
Advocacy

Here for good: help us celebrate community banking

The year is almost over, and we’d love your help to get ready for ICBA LIVE 2024, March 14-17. In line with the holiday spirit, we’re asking you to share how you and your bank are here for good:...

Dec 06, 2023
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Article

ThinkTECH session next week features quick fintech pitches

ICBA next week is hosting a fast and informative session to explore fintech solutions for community banks.

Dec 06, 2023
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Article

House committee chairman McHenry won’t seek reelection

House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced he will retire from Congress at the end of his current term.

Dec 06, 2023
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Article
Congressional Matters

White paper warns of ‘triangulation’ fraud

The Financial Services Information Sharing and Analysis Center recently issued a white paper on triangulation fraud, a relatively new type of fraud that targets online shoppers and affects the...

Dec 05, 2023
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Article
Fraud

CFPB to Congress: ICBA mortgage disclosure proposal could benefit housing market

The Consumer Financial Protection Bureau promoted its recent approval of ICBA’s proposed template to improve mortgage disclosures in testimony before Congress.

Dec 06, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Independent Banker features Best Community Banks to Work For

The December issue of ICBA Independent Banker magazine features the 2023 Best Community Banks to Work For recipients.

Dec 05, 2023
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Article

ThinkTECH Accelerator registration open

Community bankers can now register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

Dec 05, 2023
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Article