ICBA requests comment extension on bank-fintech arrangements

Aug 12, 2024 | NewsWatch Today
ICBA and other groups requested a 30-day extension to the comment period for the regulatory agencies’ request for information on bank-fintech arrangements.

Independent Banker deciphers FHFA credit score transition

Aug 9, 2024 | NewsWatch Today
A new Independent Banker article breaks down the Federal Housing Finance Agency’s new credit scoring requirements for Fannie Mae and Freddie Mac and ICBA’s concerns with the models.

OCC: Banks affected by Hurricane Debby can close

Aug 9, 2024 | NewsWatch Today
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Maryland, North Carolina, South Carolina, Virginia, and Washington, D.C., affected by Hurricane Debby.

FDIC announces initial dates for new resolution filings

Aug 9, 2024 | NewsWatch Today
The FDIC announced initial submission dates for its final rule requiring resolutions plans for banks with at least $100 billion in assets and “informational filings” for banks over $50 billion.

ICBA: Fed has discretion to deny master account access

Aug 8, 2024 | NewsWatch Today
ICBA told a U.S. appellate court that federal law provides the Federal Reserve Banks with the discretion to deny or grant master account access.

ICBA continues call for 1033 exemption in new article

Aug 8, 2024 | NewsWatch Today
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.

EGRPRA outreach meeting registration closes tomorrow

Aug 8, 2024 | NewsWatch Today
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.

Independent Banker: What community banks can learn from behavioral economics

Aug 7, 2024 | NewsWatch Today
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 urges Congress to advance community bank tax priorities

Aug 7, 2024 | NewsWatch Today
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.

EGRPRA outreach meeting registration closes Friday

Aug 7, 2024 | NewsWatch Today
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.

FHA publishes final rule on engagement with mortgagors in default

Aug 6, 2024 | NewsWatch Today
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.

Agencies request comment on data collection proposal

Aug 6, 2024 | NewsWatch Today
Federal financial regulators requested comment on a proposed rule that would establish data standards for certain information collections submitted to the agencies.

ICBA objects to FCC using Weiss Ratings for access to certain programs

Aug 6, 2024 | NewsWatch Today
ICBA told the Federal Communications Commission that Weiss Ratings is ill-suited for use as a gatekeeper for certain FCC programs.

EGRPRA outreach meeting registration closes Friday

Aug 6, 2024 | NewsWatch Today
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.

OCC: Banks in Florida, Georgia affected by Hurricane Debby can close

Aug 6, 2024 | NewsWatch Today
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.

ICBA: BNPL products should adhere to same rules as banks

Aug 2, 2024 | NewsWatch Today
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.

Agencies issue second request for comments under EGRPRA review

Aug 2, 2024 | NewsWatch Today
Federal banking regulators formally issued their second request for comment under the latest Economic Growth and Regulatory Paperwork Reduction Act regulatory review.

Community banks continue to see HELOC-related check fraud

Aug 2, 2024 | NewsWatch Today
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.

Community banks seeing uptick in HELOC-related check fraud

Aug 1, 2024 | NewsWatch Today
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.

Senators call on FDIC to withdraw corporate governance proposal

Aug 1, 2024 | NewsWatch Today
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.