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Rakuten credit union application confirmed following ICBA outreach
The National Credit Union Administration reportedly confirmed that Rakuten Inc. has applied for a federal credit union charter after ICBA asked the agency for confirmation.
Barr: Fed program on novel activities will continue to grow
The Federal Reserve’s new program to supervise novel, technology-driven activities in the banks it oversees will continue to grow as new technologies emerge, Fed Vice Chair for Supervision Michael...
ICBA rejects Kevin O’Leary’s inaccurate message on bank lending
ICBA President and CEO Rebeca Romero Rainey pushed back against erroneous claims from television personality Kevin O'Leary that banks are not lending to small businesses in the current economic...
ICBA community bankers discuss navigating challenges in new video
ICBA leadership community bankers discussed the vital role of community banks in a video discussion with the Travillian executive search and talent advisory firm.
Chopra: CFPB’s 1033 proposal coming next month
The Consumer Financial Protection Bureau next month will propose standards for sharing consumer financial data, CFPB Director Rohit Chopra said.
Community bank net income rises 3.4% in Q2
Community banks reported a 3.4% second-quarter increase in net income from the previous quarter and a 0.7% increase from the same period a year ago, according to the FDIC’s latest Quarterly Banking...
FDIC launching new site for consumer compliance, CRA exam activities
The FDIC said it will launch a new Banker Engagement Site through FDICconnect this month for examination-related activities.
ICBA conducting Marketing and Communications Toolkit survey
ICBA is conducting a survey to learn how member community bankers use its "Tell Your Story" Marketing and Communications Toolkit to help elevate and distinguish community banking in the hearts and...