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ICBA: Policymakers Should Bar Credit Unions from Using Wall Street Funds to Acquire Community Banks

The Independent Community Bankers of America (ICBA) today called on the National Credit Union Administration to bar tax-exempt credit unions from using funds raised from Wall Street investors to...

Sep 10, 2024
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Article
Credit Unions

Mitigating Instant Payments Risk to Reap Rewards

Today’s fraud attacks don’t seek out a faster transaction; they look for a chink in the armor and the path of least resistance. That’s why I’m a big believer in cross-channel fraud detection.

Sep 10, 2024
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Article

ICBA, groups urge Congress to advance farm bill this year

ICBA and other agricultural stakeholders called on Congress to advance a meaningful farm bill in 2024 that addresses worsening conditions in farm country.

Sep 10, 2024
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Article
Farm Bill

FBI: Crypto fraud complaints rise 45% in 2023

The FBI’s Internet Crime Complaint Center said it received more than 69,000 complaints from the public regarding financial fraud involving the use of cryptocurrency last year.

Sep 10, 2024
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Article
Digital Assets

Agencies issue guidance on Cybersecurity Assessment Tool sunsetting

The FDIC and OCC issued bulletins on last week’s interagency announcement that regulators are sunsetting the Cybersecurity Assessment Tool on Aug. 31, 2025.

Sep 06, 2024
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Article

CNBC features opposition to credit union acquisitions of community banks

ICBA’s campaign spotlighting credit union tax and regulatory inequities generated new coverage this week with a CNBC segment on acquisitions of community banks.

Sep 04, 2024
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Article
Credit Unions

2024 Summer Internship Diaries - Vol. 1

Last week, we began our internship program here at ICBA. Starting a new position is an exciting time, but it comes with challenges that we must face together. The first week is critical, where we...

Sep 01, 2024
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Article

ICBA honors National Community Bank Service Award recipients

ICBA announced the winners of the 2024 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local communities.

Sep 06, 2024
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Article