ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.

ICBA said the latest announced acquisition of a community bank by a tax-exempt credit union—featuring a controversial credit union and the first such deal in California—demands a policy response.

Citibank’s request to dismiss a lawsuit was rejected by a federal judge who said Regulation E consumer protections extend to wire transactions.