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FDIC signage and advertising requirements proposal

ICBA wrote in support of a new FDIC proposal to update signage requirements across all banking channels to clearly distinguish insured deposits from noninsured deposits and combat misleading...

Apr 11, 2023
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Article
Deposit Insurance

Grassroots push on 1071 rule continues

ICBA continues calling on community bankers to urge their members of Congress to support a House resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 rule.

Apr 21, 2023
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Article
Compliance

FHFA proposes rule to codify fair lending requirements

The Federal Housing Finance Agency requested comment on a proposed rule that would formalize many of the agency’s existing practices and programs regarding fair housing and fair lending oversight...

Apr 20, 2023
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Article
Compliance

FDIC: Failures won’t have material impact on DIF restoration

The FDIC said it does not expect losses from recent bank failures to materially affect the restoration of the Deposit Insurance Fund, and policymakers continued to signal support for a risk-based...

Apr 19, 2023
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Article
Deposit Insurance

CFPB issues additional 1071 sample form formats

The Consumer Financial Protection Bureau issued additional file formats for its Section 1071 small-business data-collection sample form.

Apr 18, 2023
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Article
Compliance

ICBA to FDIC: Exempt community banks from special assessment

ICBA urged the FDIC to exempt community banks from any special assessment to recover Deposit Insurance Fund losses caused by the failures of Silicon Valley Bank and Signature Bank of New York.

Apr 17, 2023
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Article
Deposit Insurance

CFPB revises average prime offer rate methodology

The Consumer Financial Protection Bureau announced a revised version of its methodology for determining average prime offer rates.

Apr 17, 2023
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Article
Compliance

ICBA Strongly Opposes SBA Rule Opening 7(a) Program to Unregulated Fintechs

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Small Business Administration final rule on its 7(a) program.

Apr 14, 2023
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Article
Fintech Regulation Small Business Administration