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FDIC rescinds pandemic-era Part 363 reporting relief

The FDIC rescinded guidance providing coronavirus-affected financial institutions extra time to file annual reports under Part 363 of the agency's regulations.

Mar 16, 2022
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Article
Advocacy Crisis Preparedness

Raskin withdraws Fed nomination

Former Federal Reserve Governor Sarah Bloom Raskin withdrew her nomination for Fed vice chair for supervision.

Mar 16, 2022
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Article
Federal Reserve

Stablecoins raise policy questions affecting community banks: blog

With the growing volume of stablecoins in circulation drawing increased attention from policymakers and the media, a new ICBA blog post provides an update with implications for community bankers.

Mar 15, 2022
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Article

ICBA toolkit offers National Ag Week materials

With National Agriculture Day and Week set for next week, ICBA is offering customizable materials community banks can use to celebrate.

Mar 14, 2022
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Article
Agriculture

Omnibus with ICBA-advocated fixes signed into law

President Joe Biden signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.

Mar 14, 2022
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Article
Lending

ICBA testifying next week on PPP

ICBA is scheduled to testify before Congress next week on community bank leadership in Paycheck Protection Program lending.

Mar 11, 2022
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Article
Advocacy Crisis Preparedness

Senate passes omnibus with ICBA-advocated fixes

The Senate passed the $1.5 trillion omnibus to fund the government through Sept. 30 with ICBA-advocated provisions related to the SBA’s 504 loan program, LIBOR, and cyber incident reporting.

Mar 11, 2022
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Article
Cybersecurity Lending

Task force updates AML-deficiency jurisdictions

Task force updates AML-deficiency jurisdictions The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML,...

Mar 11, 2022
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML)