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Swift says experiment shows CBDC use cases

The Swift financial transactions and payments network said its latest experiment with a central bank digital currency successfully demonstrated the use of CBDCs in digital trade, payments, and...

Mar 26, 2024
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Article
Digital Assets

ICBA urging district grassroots meetings on farm bill

With members of Congress back home for a two-week district work period, ICBA is urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.

Mar 25, 2024
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Article
Farm Bill

Lawmakers request study on Fed debit card rule

Reps. Blaine Luetkemeyer (R-Mo.) and Andy Barr (R-Ky.) asked the Government Accountability Office to study the potential impact of the Federal Reserve’s proposal to lower debit card interchange fees.

Mar 25, 2024
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Article
Federal Reserve

CRA Public File Requirements

The April 1 Community Reinvestment Act public file deadline is approaching. Below is a refresher on CRA public file requirements.

Mar 22, 2024
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Article

FDIC proposes updated guidance on bank mergers

The FDIC proposed revisions to its statement of policy, or SOP, on bank merger transactions incorporating ICBA-advocated provisions.

Mar 22, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

OCC to host Project REACh financial inclusion summit

The OCC opened registration for its Project REACh Financial Inclusion Summit, scheduled for May 29-30 in Washington, D.C.

Mar 21, 2024
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Article
Compliance

ICBA backs bill to bar SBA 7(a) direct lending

ICBA expressed strong support for legislation that would prohibit the Small Business Administration from making direct loans under the 7(a) program.

Mar 20, 2024
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Article
Small Business Administration

Speakers set for ICBA Capital Summit

ICBA announced the speakers for next month’s 2024 ICBA Capital Summit, the industry’s premier advocacy event.

Mar 26, 2024
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Article