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Regulators propose standards for automated valuation models
Federal regulators requested public comment on a proposed rule designed to implement quality control standards for automated valuation models, or AVMs, used by mortgage originators and secondary...
Regulators Offer Insights, Input and Guidance on the Growth of Community Bank Innovation at ICBA ThinkTECH’s Regulator Day
Recognizing the need to prioritize and foster ongoing engagement between regulators and the community banking technology community, the Independent Community Bankers of America (ICBA) today hosted...
Community bank Q1 net income up 6.1% from a year ago
Community banks reported a 6.1% first-quarter increase in net income from a year ago and a 4.2% decline from the previous quarter, according to the FDIC’s latest Quarterly Banking Profile.
Campaign on CFPB’s 1071 rule continues
With the House still planning to take up a resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 data-collection rule, ICBA continues calling on community bankers to urge...
TCM Bank Celebrates 25 Years of Service to Community Banks
ICBA Bancard®, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced that its credit card bank, TCM Bank, N.A., is celebrating its 25th anniversary this...
As Community Bankers Gather in Nation’s Capital, Polling Confirms Growing Public Support for Local Banking
ICBA today is kicking off the 2023 ICBA Capital Summit in Washington with the release of new national and state-level polling data showing Americans in all 50 states have an increasingly favorable...
FHFA rescinds upfront fees based on debt-to-income ratio
The Federal Housing Finance Agency rescinded its previously announced upfront fees for certain borrowers with a debt-to-income ratio above 40%.
ICBA Commends FDIC for Exempting Community Banks from Special Assessment
ICBAPresident and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Deposit Insurance Corporation proposed rule on special assessments for the resolutions of Silicon Valley...