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CFPB confirms March 2023 for 1071 final rule

The Consumer Financial Protection Bureau plans to issue a final rule implementing Section 1071 small-business reporting requirements by March 31, 2023, according to court filing.

Jul 13, 2022
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Article
Compliance Small Business Data Collection (1071)

Agencies encourage risk-based approach to customer due diligence

Federal financial services regulators issued a joint statement to remind banks of the risk-based approach to assessing customer relationships and conducting customer due diligence.

Jul 07, 2022
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Article
Compliance

ICBA “dashboard” and briefing highlight community bank-focused advocacy efforts for Q3

ICBA’s third quarter “Advocacy in Action” government relations dashboard and recent advocacy briefing provide community banks with an update on ICBA’s advocacy successes, along with more...

Jul 05, 2022
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Article
Advocacy

ICBA guidance on new FDIC approach to re-presented transactions

With the FDIC taking a new, stricter approach to how banks treat single items that are repeatedly rejected for insufficient funds, ICBA released member-protected fact sheet on the issue with...

Jul 05, 2022
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Article

CRA Partners/USI Alliance Names Ohio Community Banker New Chairman

CRA Partners/USI Alliance, an ICBA subsidiary, today announced the election of G. Scott McComb, chairman, president and CEO of Heartland Bank in Whitehall, Ohio, as chairman of the USI Alliance...

Jul 14, 2022
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Article

ICBA to House: Include cannabis, notarization bills in defense act

ICBA and other groups today are calling on the House to include a cannabis banking safe harbor in the fiscal 2023 National Defense Authorization Act (H.R. 7900).

Jul 13, 2022
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Article
Cannabis banking Data Security/Fraud Fraud

Community Banker Anne Balcer Today Joins ICBA as New Head of Government Relations

Anne Balcer today officially joined the Independent Community Bankers of America (ICBA) as senior executive vice president, chief government relations and public policy.

Jul 11, 2022
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Article

How ICBA’s ThinkTECH Accelerator refines tech solutions

ICBA's latest blog post shares how this year's ICBA ThinkTECH Accelerator program helped three fintech participants refine their solutions to address community bank pain points and opportunities.

Jul 08, 2022
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Article
Technology