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ICBA: Credit union penalty exemplifies consumer impact of lagging oversight
ICBA said a new regulatory action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system exemplifies the risks posed by lagging credit union...
ICBA calls for additional EGRPRA outreach meetings
ICBA commended the federal banking agencies for hosting a virtual community banker outreach meeting under their current regulatory review and called for at least three more meetings.
FSB concerned about lack of stablecoin regulation
The Financial Stability Board reiterated its calls for countries to regulate stablecoins due to concerns about users losing confidence in stablecoins, which could lead to runs on issuers.
EGRPRA grassroots letters due today
ICBA is urging community bankers to use its Be Heard grassroots action center to submit comments on the current Economic Growth and Regulatory Paperwork Reduction Act review ahead of today’s deadline.
Hurricane Relief Fund surpasses $100,000, continues vital support for community banks
The ICBA Foundation’s Hurricane Relief Fund—which is dedicated to supporting community bankers, their employees, and communities—has surpassed $100,000 in donations across five states.
EGRPRA grassroots letters due tomorrow
ICBA continues urging community bankers to use its Be Heard grassroots action center to submit comments on the current Economic Growth and Regulatory Paperwork Reduction Act review.
Former NCUA official profiles rogue credit union
A new blog post spotlights a growth-focused credit union that has rapidly expanded its footprint and obscured its declining net worth by acquiring smaller credit unions and issuing subordinated debt.
Blog: ICBA Payments entering a new era
ICBA Payments has a 40-year history of innovation and growth with a successful brand, steady business, and loyal clients—but it’s time for a transformation, according to a new blog post.