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Fed’s Jefferson encourages input on discount window

Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.

Oct 10, 2024
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Article

As Credit Union Tax Subsidies Drive Record-High Acquisitions of Tax-Paying Community Banks, Policymakers Should Respond

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 18th acquisition of a tax-paying bank by a tax-exempt...

Oct 09, 2024
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Article
Credit Unions

FDIC extends comment period for brokered deposit proposal

The FDIC extended the comment period on its proposed rule on brokered deposits from Oct. 22 to Nov. 21.

Oct 09, 2024
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Article

2024 Summer Internship Diaries - Vol. 7

We wrapped up our second to last week at ICBA with exciting and fulfilling activities. On Wednesday, we had our Senior Leader Lunch with Alex Galeano. On Thursday, we had our fun HR Outing, where...

Oct 04, 2024
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Article

OCC: Banks affected by Hurricane Milton can close

The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida affected by Hurricane Milton.

Oct 08, 2024
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Article

Independent Banker shares tips for a successful core conversion

Core conversions can be challenging for community banks but there are ways to make the process painless, according to the latest Independent Banker magazine.

Oct 07, 2024
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Article

Agencies adjust regulatory thresholds

Federal regulators announced 2025 updates to key regulatory thresholds.

Oct 07, 2024
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Article
Agencies/Regulators  Compliance

ICBA Foundation raising funds for Hurricane Helene relief

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

Oct 07, 2024
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Article