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CFPB issues small entity guide on 1071 rule

The Consumer Financial Protection Bureau issued a small entity compliance guide on the bureau’s Section 1071 rule on small-business data collection and reporting.

May 16, 2023
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Article
Compliance

ICBA Releases 2023 Community Banking Policy Resolutions

ICBA today released its legislative and regulatory policy objectives for 2023 during the ICBA Capital Summit. Developed and approved by ICBA volunteer community bankers, these resolutions will...

May 16, 2023
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Article
Advocacy

ICBA-backed bill offering tax relief for rural lending introduced

ICBA expressed its strong support for the House introduction of legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.

May 12, 2023
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Article
Agriculture Rural Development

CFPB issues guidance on reopening closed deposit accounts

The Consumer Financial Protection Bureau issued a circular affirming that banks might violate federal law if they unilaterally reopen a deposit account to process transactions after a consumer has...

May 12, 2023
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Article
Compliance

ICBA Capital Summit speakers finalized

Treasury Secretary Janet Yellen and Consumer Financial Protection Bureau Director Rohit Chopra are among the speakers set to address next week’s 2023 ICBA Capital Summit in Washington, D.C.

May 10, 2023
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Article

92% of eligible individuals received Economic Impact Payment: study

Pandemic-era Economic Impact Payments reached 92% of potentially eligible individuals, according to a report from federal researchers.

May 10, 2023
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Article
Lending

ICBA Announces Staff Promotions

The Independent Community Bankers of America (ICBA) today announced several staff promotions in recognition of their efforts to support the nation’s community banks.

May 09, 2023
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Article

ICBA to CFPB: Withdraw proposed rule on credit card late fees

ICBA called on the Consumer Financial Protection Bureau to withdraw its proposed rule on credit card fees for late payments.

May 05, 2023
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Article
Compliance