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Agencies issue guidance on using AI securely

The Cybersecurity and Infrastructure Security Agency and other national and international agencies released joint guidance on using artificial intelligence systems securely.

Jan 25, 2024
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Article
Compliance Cybersecurity

CFPB proposal on non-sufficient-funds fees would distort market: ICBA

A new Consumer Financial Protection Bureau proposed rule to restrict the use of non-sufficient-funds fees is another example of the bureau imposing arbitrary price controls that would distort...

Jan 25, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA urges long-term flood insurance reauthorization

ICBA today is calling on Congress to enact a long-term reauthorization of the National Flood Insurance Program and to avoid any lapse in the program.

Jan 25, 2024
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Article
Congressional Matters

Fed: Bank Term Funding Program to expire on schedule

The Federal Reserve Board said the Bank Term Funding Program will cease making new loans as scheduled on Monday, March 11. The program will continue to make loans until that date.

Jan 25, 2024
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Article

ICBA continues push on ‘trigger leads’ bill

ICBA continues calling on community bankers to urge their members of Congress to co-sponsor bipartisan legislation designed to help protect the financial privacy of mortgage applicants.

Jan 25, 2024
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Article
Congressional Matters

ICBA Statement on CFPB Proposed Rule on Non-Sufficient-Funds Fees

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposed rule on...

Jan 24, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA, state groups endorse Senate bill to close ILC loophole

ICBA and affiliated state community banking associations expressed strong support for Senate legislation to permanently close the industrial loan company loophole.

Jan 24, 2024
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Article
Advocacy

ICBA urging grassroots outreach on ‘trigger leads’ bill

ICBA is calling on community bankers to urge their members of Congress to co-sponsor bipartisan legislation designed to help protect the financial privacy of mortgage applicants.

Jan 23, 2024
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Article
Congressional Matters

Fed extends comment period on interchange proposal

The Federal Reserve delayed the comment deadline on its proposal to lower the maximum interchange fee that covered debit card issuers may receive for debit card transactions, as advocated by ICBA.

Jan 23, 2024
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Article

Atlanta Fed reports on lagging credit union oversight

A Federal Reserve Bank of Atlanta report following a series of ransomware attacks on credit unions last year noted that the National Credit Union Administration has no enforcement authority over...

Jan 23, 2024
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Article
Credit Unions

ICBA urges expanded efforts to combat crypto mixers

ICBA called on the Financial Crimes Enforcement Network to expand on its proposal to combat crime enabled by cryptocurrency mixers.

Jan 24, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

ICBA calls on administration to protect crop insurance

ICBA and other groups called on the Biden administration to protect crop insurance from harmful cuts as it develops its budget proposal for fiscal 2025.

Jan 24, 2024
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Article
Farm Bill

ICBA pushing grassroots on ‘trigger leads’ bill

ICBA is calling on community bankers to urge their members of Congress to co-sponsor bipartisan legislation designed to help protect the financial privacy of mortgage applicants.

Jan 24, 2024
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Article
Grassroots/Be Heard

ICBA LIVE 2024 lowest pricing ends next week

Friday, Feb. 2, is the deadline for lowest pricing for ICBA LIVE 2024 in Orlando, Fla.

Jan 23, 2024
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Article

Community Banks to Convene in Orlando for ICBA LIVE 2024

Register today for the Independent Community Bankers of America’s (ICBA) national convention, ICBA LIVE 2024 — the largest, most comprehensive educational and networking event for the nation’s...

Jan 22, 2024
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Article

ICBA seeking videos on how community banks are ‘here for good’

ICBA is calling on community bankers to submit videos on how their banks represent the ICBA LIVE 2024 theme: Here for Good.

Jan 22, 2024
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Article

FDIC demands entities cease false deposit insurance claims

The FDIC issued letters demanding five entities and certain associated parties cease and desist from making false and misleading statements about FDIC deposit insurance.

Jan 22, 2024
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Article

Stabenow outlines farm bill safety net principles

Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) sent a letter to committee members outlining her plan for the farm safety net in the 2024 farm bill.

Jan 22, 2024
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Article
Farm Bill

ICBA urges credit union hearing following Navy Federal reports

ICBA called on congressional committees to convene a hearing on credit union lending practices and oversight following reports of discriminatory lending at Navy Federal Credit Union.

Jan 19, 2024
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Article
Credit Unions

Stablecoins top choice for crypto scams: report

Stablecoins last year were used in 70% of crypto scam transactions and more than 80% of crypto payments to sanctioned countries, individuals, and companies, according to a new report.

Jan 19, 2024
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Article
Digital Assets

CFPB issues overdraft proposal with community bank exemption

The Consumer Financial Protection Bureau issued a proposed rule on overdraft services that would exempt community banks under $10 billion in assets.

Jan 18, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

OCC issues guidance on shorter securities settlement cycle

The OCC said banks should prepare for a change in the standard securities settlement cycle for most U.S. securities transactions, effective May 28.

Jan 18, 2024
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Article

Credit card, rural lending grassroots ongoing

ICBA continues calling on community bankers to urge their lawmakers

Jan 18, 2024
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Article
Credit Cards

CISA issues emergency directive on Ivanti vulnerabilities

The Cybersecurity and Infrastructure Security Agency issued an emergency directive that requires agencies to implement vendor-published mitigation guidance immediately to Ivanti Connect Secure and...

Jan 22, 2024
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Article
Cybersecurity

Huizenga: SEC underestimates cost of climate disclosure proposal

HFS Subcommittee on Oversight and Investigations Chairman Bill Huizenga (R-Mich.) said the Securities and Exchange Commission has dramatically underestimated the cost of its proposed rule to...

Jan 19, 2024
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Article

Hsu calls for new liquidity standards for midsize, large banks

Acting Comptroller of the Currency Michael Hsu called for new regulations that would require midsize and large banks to have sufficient liquidity to cover stress outflows over a five-day period.

Jan 19, 2024
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Article

Agencies start 10-year regulatory review

Federal banking regulators kicked off their decennial review of agency rules under the Economic Growth and Regulatory Paperwork Reduction Act.

Jan 18, 2024
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Article
Agencies/Regulators 

ICBA Announces 2024-25 Board of Directors Nominations for Elections During ICBA LIVE in March

ICBA today announced the nominees to serve on its 2024-25 board of directors. ICBA’s current board will vote on the nominations during ICBA LIVE 2024—the largest gathering of community banks in the...

Jan 16, 2024
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Article

Week in Washington: Fed’s Waller shares economic outlook, hearings on housing supply, capital access

Registration is open for the 2024 ICBA Capital Summit, the industry’s premier advocacy event scheduled for April 28-May 1 in Washington, D.C.

Jan 16, 2024
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Article

‘Tell Your Story’ Toolkit offers resources for 2024

ICBA’s complimentary "Tell Your Story" Marketing Communications Toolkit offers new and updated resources to help community banks plan for the year ahead.

Jan 16, 2024
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Article
Marketing

ICBA, Travelers Celebrate Program’s 40th Anniversary with 22nd Dividend Payout

ICBA announced that its partnership with Travelers, which celebrated 40 years in 2023, will provide its 22nd consecutive annual dividend, bringing its total payout to more than $80 million for...

Jan 17, 2024
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Article

ICBA Statement on Overdraft Proposed Rule’s Community Bank Exemption

ICBA President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposed rule on overdraft services, which would exempt community banks...

Jan 17, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

‘40 Under 40’ nominations now open

ICBA Independent Banker opened nominations for its 2024 “40 Under 40: Community Bank Leaders” awards.

Jan 16, 2024
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Article

Senators seek agency review of Navy Federal lending disparities

Senate Banking Committee Chairman Sherrod Brown and other Democratic members of the panel called on federal agencies to review Navy Federal Credit Union’s mortgage lending practices following...

Jan 12, 2024
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Article
Credit Unions

ICBA Statement on Tax-Exempt Credit Union Acquisitions of Tax-Paying Community Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on recent acquisitions of tax-paying community banks by tax-exempt credit unions.

Jan 11, 2024
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Article
Credit Unions

ICBA urges action on credit unions following latest community bank acquisition

Following the latest report of a credit union acquisition of a tax-paying community bank, ICBA continued its call for Congress to investigate the credit union tax exemption.

Jan 11, 2024
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Article
Credit Unions

SEC approves bitcoin-based exchange-traded funds

The Securities and Exchange Commission approved a series of proposed rule changes that will allow for the listing and trading of bitcoin-based products on national securities exchanges.

Jan 11, 2024
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Article
Security

Six payment trends for 2024 featured in new blog post

A new blog post from ICBA Payments President and CEO Tina Giorgio spotlights six key payments trends that will help community banks ease regulatory and economic pressure in 2024.

Jan 16, 2024
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Article

CFPB issues guidance to consumer reporting companies

The Consumer Financial Protection Bureau issued guidance to consumer reporting companies to address inaccurate background check reports and credit file sharing practices.

Jan 12, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Blog post details six payment trends for 2024

A new blog post from ICBA Payments President and CEO Tina Giorgio spotlights six key payments trends that will help community banks ease regulatory and economic pressure in 2024.

Jan 12, 2024
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Article