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ICBA urging comments supporting updated TRID disclosures

ICBA is encouraging community bankers to call on the Consumer Financial Protection Bureau to adopt an ICBA proposal to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure...

Mar 03, 2023
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Article
Compliance

Special-purpose nonbank Custodia continues push for Fed master account

Custodia Bank is reportedly continuing its effort to procure a master account with the Federal Reserve after the special-purpose depository institution was denied last month.

Feb 21, 2023
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Article
Federal Reserve

Report on cross-border settlements could influence CBDC debate

The Bank for International Settlements issued a report to help central banks extend operating hours for real-time gross settlement systems to reduce delays in cross-border payments settlement.

Feb 21, 2023
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Article
Digital Assets

OCC updates change-in-control booklet

The OCC issued a revised version of the “Change In Bank Control” booklet of the Comptroller’s Licensing Manual.

Feb 21, 2023
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Article
Compliance

ICBA to FDIC: Exercise duty to deny ILC applications

ICBA called on the FDIC to deny pending deposit insurance applications from industrial loan companies, citing the outsized risks ILCs pose to the Deposit Insurance Fund, financial stability, and...

Feb 13, 2023
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Article
Lending

ICBA urging letters to Congress on 2023 priorities

ICBA is calling on community bankers to advocate top policy priorities for the new 118th Congress in direct messages to lawmakers.

Feb 13, 2023
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Article
Advocacy

ICBA’s Bolton: ‘Regulatory blind spot’ shows risks of credit union bank purchases

ICBA Chairman Brad Bolton wrote in a new op-ed that the nation’s chief credit union regulator recently hinted at one of the problems with the growth of credit union acquisitions of community banks:...

Feb 09, 2023
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Article
Credit Unions

ICBA’s State of the Union ‘junk fee’ response makes news

ICBA’s response to President Joe Biden’s comments on “junk fees” during Tuesday’s State of the Union address made headlines.

Feb 09, 2023
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Article
Credit Cards