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Independent Banker recognizes community banks celebrating milestones

The latest issue of Independent Banker magazine highlights ICBA-member community banks that are celebrating their 150th, 125th, or 100th anniversary.

Aug 21, 2024
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Article

ICBA: Policymakers must examine credit unions’ tax status

Urgent congressional action is needed to preserve community banks and the communities that depend on them, ICBA President and CEO Rebeca Romero Rainey said.

Aug 20, 2024
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Article
Credit Unions

Fed’s Waller: Non-banks and stablecoins pose risks

Federal Reserve Governor Christopher Waller voiced concern about the risks from emerging payment technologies, especially non-banks and stablecoins.

Aug 20, 2024
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Article
Digital Assets

Credit Unions Exploit Federal Tax Exemption to Acquire Tax-Paying Community Banks; Congress Must Act

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after another community bank acquisition by a tax-exempt credit union:

Aug 19, 2024
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Article
Credit Unions

CFPB updates small business lending instructions

The Consumer Financial Protection Bureau updated its 2025 Small Business Lending Filing Instructions Guide.

Aug 19, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Credit union acquisitions generating new headlines

The ICBA-opposed trend of tax-exempt credit unions acquiring taxpaying community banks generated a new round of headlines.

Aug 16, 2024
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Article
Credit Unions

Lawmakers: CFPB’s medical debt proposal will make health care more expensive

Republican members of the House Financial Services Committee said the Consumer Financial Protection Bureau’s proposal to remove medical debt from credit reports will make health care more expensive...

Aug 16, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

FinCEN says it will only enforce willful beneficial ownership violations

Small-business owners doing their best to comply with beneficial ownership requirements should not lose sleep over the new reporting requirements, Financial Crimes Enforcement Network Deputy...

Aug 16, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)