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ICBA Statement on Fed Report on Silicon Valley Bank
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Reserve report on the failure of Silicon Valley Bank.
FDIC, OCC issue guidance on overdraft programs
The FDIC and OCC issued supervisory guidance on consumer compliance risks associated with bank overdraft protection programs.
CFPB issues guidance on ‘zombie mortgage’ collection tactics
The Consumer Financial Protection Bureau issued guidance on debt collectors threatening to foreclose on homes with mortgages past the statute of limitations.
OFAC sanctions individuals for cyber efforts supporting North Korea
The Treasury Department’s Office of Foreign Assets Control sanctioned three individuals for supporting North Korea via illicit financing and malicious cyber activity.
Interview discusses how to control FedNow fraud
In a new Payment Security interview, ICBA Bancard Executive Vice President and Chief Operating Officer Rebecca Kruse discusses how community banks can put anti-fraud controls in place to prepare...
Treasury calls for response to de-risking
The Treasury Department issued a strategy on de-risking, which occurs when financial institutions terminate or restrict business relationships indiscriminately with broad categories of customers...
Fed plans to release its review of SVB failure this Friday
The Federal Reserve Board said it will release its review of the supervision and regulation of Silicon Valley Bank at 11 a.m. (Eastern time) this Friday.
ICBA Encourages Financial Literacy at Every Age and Life Stage
In recognition of Financial Literacy Month in April, ICBA and the nation's community banks are encouraging Americans to take control of their financial future by learning fiscally responsible...