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ICBA task force releases check fraud detection guide

ICBA’s Check Fraud Task Force published a guide that explains the solutions available to community banks to detect instances of check fraud.

Oct 11, 2024
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Article
Fraud

DOJ announces first credit union redlining settlement

The Justice Department announced that Citadel Federal Credit Union has agreed to pay more than $6.5 million to resolve allegations that it engaged in lending discrimination by redlining...

Oct 11, 2024
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Article
Credit Unions Government Banks

ICBA raises relief funds, posts online resources

The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.

Oct 10, 2024
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Article

Independent Banker highlights cybersecurity role for generative AI

Generative artificial intelligence could help community banks identify potentially fraudulent activity and security flaws, according to the latest Independent Banker magazine.

Oct 09, 2024
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Article
Artificial Intellegence

FDIC extends comment period on deposits RFI

The FDIC extended until Dec. 6 the comment period on its request for information on deposits, as advocated by ICBA.

Oct 09, 2024
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Article

ICBA encouraging Payments Video Challenge promotion

ICBA is encouraging community bankers to spread the word about the Payments Innovation Alliance’s Payment Video Challenge to raise awareness of financial scams.

Oct 08, 2024
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Article

ICBA: AML/CFT modernization should not expand reg burden

ICBA told the federal banking agencies that their proposals to update anti-money-laundering & countering-the-financing-of-terrorism programs would create burdens on banks without any demonstrable...

Oct 11, 2024
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML)

ICBA: Credit union tax subsidies continue driving record-high acquisitions

Following the 18th credit union acquisition of a community bank this year—and the fifth in Washington state—ICBA said Congress should address antiquated credit union policies.

Oct 10, 2024
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Article
Credit Unions