ICBA releases guide on contacting regulators about check fraud

Nov 21, 2024 | NewsWatch Today
ICBA’s Check Fraud Task Force published a new guide that explains how and when community banks should contact regulators about check fraud.

Comments on FDIC brokered deposit rule due today

Nov 21, 2024 | NewsWatch Today
ICBA is encouraging community bankers to use its guide to submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of today’s deadline.

ThinkTECH Connect today

Nov 21, 2024 | NewsWatch Today
ICBA’s ThinkTECH Connect—which offers community bankers a fast-paced introduction to innovative fintech companies—is scheduled for noon (Eastern time) today. Community bankers can attend the session live or get the recording.

Independent Banker highlights technology trends

Nov 20, 2024 | NewsWatch Today
When assessing new technology, community bankers should ask themselves what requires the most human interaction but is tedious or repetitive work, according to the latest Independent Banker magazine.

FDIC’s Gruenberg to retire in January

Nov 20, 2024 | NewsWatch Today
FDIC Chairman Martin Gruenberg told colleagues he will retire on Jan. 19, according to media reports of his message to agency staff.

Treasury notes risks in cross-border payments

Nov 20, 2024 | NewsWatch Today
If a poorly designed cross-border payments system were widely adopted, it could do significant harm to international financial stability and economic security, according to a senior Treasury Department official.

New podcast on combating holiday-season fraud

Nov 19, 2024 | NewsWatch Today
The latest Independent Banker podcast spotlights how community bankers can get ahead of year-end fraud and raise awareness among consumers as the holidays approach.

FDIC extends comment period for custodial deposit proposal

Nov 19, 2024 | NewsWatch Today
The FDIC extended to Jan. 16 the comment period for its proposed rule on recordkeeping requirements for custodial accounts.

Blog: New Marketing Resource Center helps community banks tell their story

Nov 19, 2024 | NewsWatch Today
ICBA released a dynamic toolkit designed to equip community banks with everything they need to create consistently impactful marketing campaigns, according to a new Main Street Matters blog post.

ICBA launches Marketing Resource Center

Nov 18, 2024 | NewsWatch Today
ICBA’s Marketing Resource Center—which brings member banks valuable, vetted marketing materials to better tell their stories—is available starting today.

Romero Rainey: Credit unions’ fuzzy math reveals tax exemption insecurity

Nov 18, 2024 | NewsWatch Today
While credit unions have a history of playing fast and loose with the facts, they now appear willing to say just about anything to distract from the impact of their taxpayer subsidies, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed on LinkedIn.

FinCEN updates FAQs on beneficial ownership

Nov 18, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network updated two frequently asked questions related to access to beneficial ownership information.

ICBA supports FARM Act

Nov 15, 2024 | NewsWatch Today
ICBA said it supports the Farmer Assistance and Revenue Mitigation Act (H.R. 10045), which would offer targeted relief to farmers who have suffered crop losses due to the impact of adverse weather conditions and low commodity prices.

Comments on FDIC brokered deposit rule due next week

Nov 15, 2024 | NewsWatch Today
ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of next week’s deadline.

Independent Banker details fight against new FHLB regulations

Nov 14, 2024 | NewsWatch Today
When the Federal Housing Finance Agency last year began a deep dive on the Federal Home Loan Bank System, ICBA urged the agency not to fix what isn’t broken, as detailed in the latest Independent Banker magazine.

ICBA urges community bankers to comment on FDIC brokered deposit rule

Nov 14, 2024 | NewsWatch Today
ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of next week’s deadline.

FinCEN warns banks about deepfake fraud schemes

Nov 14, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network issued an alert to help financial institutions identify fraud schemes associated with the use of deepfake media created with generative artificial intelligence tools.

ICBA urging community bankers to comment on FDIC brokered deposit rule

Nov 13, 2024 | NewsWatch Today
ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions.

Senate hearing next week on Credit Card Competition Act

Nov 13, 2024 | NewsWatch Today
Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) scheduled a hearing for Tuesday, Nov. 19, on his ICBA-opposed bill to create credit card routing mandates.

FDIC: Unbanked households at record low

Nov 13, 2024 | NewsWatch Today
Only 4.2% of U.S. households were unbanked in 2023, according to the FDIC’s latest biennial survey of Unbanked and Underbanked Households, the lowest national unbanked rate since the survey began in 2009.