The Consumer Financial Protection Bureau should exempt banks with less than $850 million in assets from its pending rule on sharing consumer financial data, ICBA told American Banker.
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by tomorrow’s deadline.
Research into behavioral economics has generated insights on how consumers make decisions, which can help community banks meet the needs of customers, according to the latest issue of Independent Banker magazine.
ICBA urged members of the House Ways and Means Committee Tax Teams to advance several community banking industry tax initiatives as they craft priorities for tax legislation in 2025.
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.
The Federal Housing Administration published a final rule to update a HUD regulation that requires mortgagees to meet in person with borrowers who are in default on their mortgage payments.
Federal financial regulators requested comment on a proposed rule that would establish data standards for certain information collections submitted to the agencies.
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida and Georgia affected by Hurricane Debby.
Requiring “buy now, pay later” digital user accounts to comply with the billing error resolution process in Regulation Z could provide community banks relief, ICBA told the Consumer Financial Protection Bureau.
Federal banking regulators formally issued their second request for comment under the latest Economic Growth and Regulatory Paperwork Reduction Act regulatory review.
Fraudsters are increasingly using information gained from public record searches on recorded mortgages to create checks drawn on home equity lines of credit, ICBA’s Rebeca Romero Rainey shared in a message to community bankers this week.
Fraudsters are increasingly using information gained from public record searches on recorded mortgages to create checks drawn on home equity lines of credit, ICBA told community bankers.
Republican members of the Senate Banking Committee called on the FDIC to withdraw proposed corporate governance guidelines, citing their impact on community banks that serve small and rural communities.
The Federal Open Market Committee voted to keep interest rates unchanged until it has gained greater confidence that inflation is moving sustainably toward the Federal Reserve’s 2% goal.
In the past 24 hours, several ICBA members have reported a new form of fraud they have experienced in their banks this week: check fraud related to home equity lines of credit. Members of ICBA's Check Fraud Task Force have also reported an uptick in HELOC-related check fraud.
During an ambitious board meeting on Tuesday, the FDIC issued a proposed rule to revise regulations on brokered deposits following the recent failure of the nonbank deposit broker Synapse Financial.
