Fannie Mae, Freddie Mac, and the Federal Home Loan Banks should take steps to better understand and mitigate climate-related risks in their portfolios without disrupting the housing finance system, ICBA told the Federal Housing Finance Agency.
Nearly 212 million doses of vaccine have been administered in the US for an average of 3 million shots a day, despite a pause in delivering Johnson & Johnson’s Janssen vaccine, according to data published Monday by the US Centers for Disease Control and Prevention.
The Independent Community Bankers of America issued a statement on the bipartisan House passage of the H.R. 1996, which would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
The Independent Community Bankers of America (ICBA) today released its legislative and regulatory priorities to help these local lenders continue to meet the needs of local communities.
ICBA voiced its support for new legislation by Rep. Andy Barr (R-Ky.) to kickstart the economic recovery in underserved areas by easing regulations that hinder de novo bank formation.
The FDIC launched a public awareness campaign supporting financial empowerment to educate consumers about the benefits of opening a bank account to gain access to safe, low-cost financial products.
ACH Network volume soared in the first quarter—increasing by 11.2 percent to 7.1 billion payments in compared to the first quarter of 2020 and setting two new records, Nacha reported.
The seven-day average of US daily new coronavirus infections is 71,282, according to Johns Hopkins University data, up 8% from one week ago, and overall cases are rising in 33 states and Washington, D.C.
The Cybersecurity and Infrastructure Security Agency (CISA) invites you to participate in a webinar discussion on its role and resources in annual hurricane preparedness.
After 12 fully immersive weeks and hundreds of meetings with industry stakeholders, the ICBA ThinkTECH Accelerator 2021 cohort revealed a glimpse into the future of high-tech, high-touch solutions tailored for community banks and their customers.
Federal Reserve Bank Chief Innovation Officer Dan Anthony will outline the agency’s technology strategy and next steps in preparation for the rollout of its FedNow Service during a 90-minute webinar next month.
The Consumer Financial Protection Bureau announced a settlement with Settlelt over allegations that it engaged in unfair acts and practices. The complaint alleges that the company failed to disclose its relationship to certain creditors.
More than two dozen states reacted quickly to Tuesday’s announcement by the Food and Drug Administration and the Centers for Disease Control and Prevention regarding the Johnson & Johnson vaccine, pausing injections while officials review the reports of blood clots.
Over the last month, the contours of growth for 2021 came into sharper focus. Nonfarm employment rose by 916,000 in March, while consumer confidence hit its highest mark since the start of the pandemic.
ICBA submitted a comment letter in response to a notice of proposed rulemaking requiring banks to notify their primary federal regulator within 36 hours of a computer-security incident.
Federal Reserve Chairman Jerome Powell said the economy is at an “inflection point” and could experience rapid growth upwards of 6 percent or 7 percent this year in an interview on CBS’ 60 Minutes.
President Joe Biden announced his intent to nominate Chris Inglis as National Cyber Director and Jen Easterly as the Director of the Cybersecurity and Infrastructure Agency.
The US reported an 8% rise in new cases to 490,000 last week, the fourth week in a row that infections have increased, according to a Reuters analysis of state and county data released Monday.
Federal regulators issued a joint statement addressing how risk management principles in “Supervisory Guidance on Model Risk Management” relate to banking systems or models designed for Bank Secrecy Act compliance.
The FDIC said it is seeking input on potentially modernizing its sign and advertising requirements related to FDIC deposit insurance to better reflect how banks and consumers operate.
