Amid an outsized response to the pandemic’s economic implications, community bankers have in 2021 once again proven to be formidable leaders both in your communities and in Washington — with ICBA by your side and leading the way.
Community bankers can access an on-demand recording of yesterday’s ICBA briefing on its campaign targeting the Consumer Financial Protection Bureau’s Section 1071 proposal.
The Consumer Financial Protection Bureau released its Supervisory Highlights report for the first half of 2021, which spotlights legal violations identified during exams of financial institutions with more than $10 billion in assets.
ICBA is hosting a complimentary briefing on its campaign targeting the Consumer Financial Protection Bureau’s Section 1071 proposal at 3 p.m. (Eastern time) today, Dec. 9.
With cryptocurrency CEOs testifying before Congress, ICBA called on policymakers to enact a comprehensive, coordinated regulatory approach to digital assets that ensures innovation is undertaken safely.
Law professor Saule Omarova withdrew her nomination to lead the Office of the Comptroller of the Currency following public opposition by ICBA and affiliated state community banking groups.
The Consumer Financial Protection Bureau finalized a rule facilitating the transition away from the LIBOR interest rate index for consumer financial products.
The Financial Crimes Enforcement Network issued a proposed rule to implement ICBA-advocated beneficial ownership reporting provisions of the Corporate Transparency Act passed in 2020.
The Department of Housing and Urban Development released guidance clarifying that special-purpose credit programs that conform with the Equal Credit Opportunity Act and Regulation B generally do not violate the Federal Fair Housing Act.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the withdrawal of Cornell University law professor Saule Omarova’s nomination to lead the Office of the Comptroller of the Currency.
It’s Friday night and you are enjoying your well-deserved, stress-free night when your work phone rings. It’s your call center manager informing you of a rise in complaints of unauthorized transactions—all at the same merchant.
The financial services industry is constantly under siege against would-be fraudsters seeking to exploit vulnerabilities—system or man-made—to launch an attack.
Static passwords alone are no longer a viable tool for identifying customers. With payments fraud rising year after year, and consumers becoming more comfortable with making payments online, the importance of authentication has never been more crucial.
Loyalty programs are a tremendous tool for community banks to build trust with consumers and deliver an enhanced shopping experience. These cardholder loyalty programs have always been about showing appreciation for customers.
I’m a glass-half-full banker. So, while we can look at 2021 as a year of challenges, we should also take a moment to recognize the opportunities that have emerged in their wake.
ICBA today announced that a dividend of $4.1 million will be shared by nearly 1,200 member banks based on their participation in the ICBA/Travelers insurance program in 2020.
