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Fed’s Bowman urges community banks to weigh in on agency rulemakings

Federal Reserve Governor Michelle Bowman encouraged community bankers to provide feedback on agency rulemakings.

Sep 25, 2023
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Article
Climate Community Reinvestment Act (CRA) Risk

CFPB outlines proposals to remove medical bills from credit reports

The Consumer Financial Protection Bureau said it is beginning a rulemaking process to remove medical bills from Americans’ credit reports.

Sep 22, 2023
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Article
Compliance

Branding on Purpose

There’s been a lot of chatter lately about brand power and how brand drives an organization’s outward expression of its mission and values by being at the heart of great client and employee...

Sep 25, 2023
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Article

Rethinking Merchant Services

Banks have traditionally relied on interest income from loans and deposits, but non-traditional financial services companies are providing competition for these core products. To survive long term,...

Sep 25, 2023
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Article

Grassroots urgent as Senate prepares to act on 1071 reversal

With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to...

Sep 25, 2023
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Article
Compliance

SBA Advocacy roundtables on new overtime proposal

The Small Business Administration’s Office of Advocacy this week is hosting roundtable discussions on the Labor Department’s proposal to increase the number of employees who are entitled to...

Sep 25, 2023
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Article
Small Business Administration

Consumer groups press CFPB for arbitration crackdown

Several consumer groups recently petitioned the Consumer Financial Protection Bureau for a rulemaking on pre-dispute arbitration.

Sep 22, 2023
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Article
Compliance

FDIC’s Hill cites credit unions in discussion of bank merger review

If the FDIC reopens its policies on bank mergers, it should consider competition from credit unions and other nonbank institutions that perform bank-like functions, FDIC Vice Chairman Travis Hill...

Sep 22, 2023
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Article
Compliance Credit Unions De Novo Banks