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Grassroots heating up as lame-duck Congress winds down

As Congress considers must-pass end-of-year legislation, ICBA is calling on community bankers to contact their members of Congress on top advocacy priorities.

Dec 07, 2022
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Article
Cannabis banking Lending

CFPB issues guidance on HMDA enforcement following court ruling

The Consumer Financial Protection Bureau released Home Mortgage Disclosure Act enforcement guidance following a recent court ruling vacating its 2020 HMDA final rule.

Dec 07, 2022
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Article
Mortgage Rules

ICBA Urges Senate to Pass Newly Introduced Bill to Close ILC Loophole

ICBA today expressed its strong support for Senate Banking Committee Chairman Sherrod Brown's (D-Ohio) introduction of the Close the Shadow Banking Loophole Act to close the industrial loan company...

Dec 06, 2022
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Article
Lending

ICBA: PPP report validates that community banks are superior alternative to nonbanks

ICBA said a congressional report on financial technology participants in the Paycheck Protection Program validates that community banks were the unequivocal leaders of the U.S. economic recovery...

Dec 05, 2022
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Article
Community Bank Awareness

ICBA to regulators: Ensure CRA reform minimizes new burdens

With FDIC Acting Chairman Martin Gruenberg testifying before Congress, ICBA reiterated its call for the federal banking agencies to issue a uniform rule that minimizes new data collection and...

Dec 02, 2022
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Article
Community Reinvestment Act (CRA)

Community bank net income rises 13.5% in Q3

Community banks reported a 13.5% increase in net income during the third quarter from the previous quarter and a 3.9% increase from a year ago, according to the FDIC's latest Quarterly Banking...

Dec 02, 2022
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Article
Community Bank Awareness

Lawmakers urge FHFA to align capital standards with banking agencies

ICBA expressed support for a new bipartisan letter from members of Congress urging the FHFA to align its capital rules with those of federal banking regulators to avoid penalizing community banks...

Dec 02, 2022
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Article
Capital Compliance

OCC cuts 2023 assessments

The OCC published its assessment rates for the 2023 calendar year, reducing the rates in its general assessment fee schedule and maintaining its 2022 rates for the independent trust and independent...

Dec 02, 2022
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Article