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A Note from the Chairman

A Note from the Chairman Overnight, our banks were called upon to enhance and expand our digital offerings not because they perhaps needed a technology upgrade, but because our customers needed to...

Dec 03, 2020
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Article

Community bank net income rises 10%: FDIC

Community bank net income rises 10%: FDIC Community bank net income increased 10 percent in the third quarter from the same time last year, according to the FDIC's Quarterly Banking Profile....

Dec 02, 2020
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Article

OCC reduces assessments for 2021

OCC reduces assessments for 2021 The OCC said it is reducing rates in all fee schedules by 3 percent for the 2021 calendar year. The reduced assessments go into effect Jan. 1. The OCC said it is...

Dec 02, 2020
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Article
Compliance

CFPB issues final policy on advisory opinions

CFPB issues final policy on advisory opinions The Consumer Financial Protection Bureau issued its final policy on advisory opinions, which are designed to provide guidance to entities on...

Dec 01, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Agencies encourage end of LIBOR-based contracts

Agencies encourage end of LIBOR-based contracts Federal regulators issued a joint statement encouraging banks to cease entering into new contracts that use U.S. dollar LIBOR as a reference rate as...

Dec 01, 2020
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Article
Compliance Lending

ICBA Statement on Janet Yellen's Treasury Secretary Nomination

ICBA Statement on Janet Yellen's Treasury Secretary Nomination Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued a statement on Janet Yellen's nomination for...

Nov 30, 2020
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Article

Marketing Payments Products to Small Business Customers

Marketing Payments Products to Small Business Customers As community bank payment products become an increasingly central product line for small business customers, community banks are seeking new...

Dec 03, 2020
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Article

Now is the time for card modernization

Now is the time for card modernization Digital transformation isn’t just a buzzword—it’s become a critical need that will determine winners and losers in the coming year. The delay in innovation...

Dec 03, 2020
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Article