Revised CDFI certification application released

Dec 8, 2023 | NewsWatch Today
The Community Development Financial Institutions Fund issued a revised CDFI certification application that addresses ICBA concerns with a previously released proposal.

FDIC: DIF restoration on track

Dec 8, 2023 | NewsWatch Today
The FDIC projects the Deposit Insurance Fund reserve ratio will likely reach its 1.35% minimum by the statutory deadline of Sept. 30, 2028, according to an agency update on its DIF restoration plan.

Key offices report on crypto risks to financial sector

Dec 8, 2023 | NewsWatch Today
This year’s turmoil in the digital assets market exposed and elevated the high level of interconnectedness between digital assets firms and traditional markets, according to the federal Office of Financial Research.

ICBA Statement on Revised CDFI Certification Application

Dec 7, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Treasury Department and Community Development Financial Institutions Fund announcement on revisions to the CDFI certification application.

OCC issues guidance on ‘buy now, pay later’ lending

Dec 7, 2023 | NewsWatch Today
The OCC issued guidance to national banks and federal savings associations to address the risks associated with “buy now, pay later” lending.

ICBA urges President Biden to sign resolution blocking 1071 rule

Dec 7, 2023 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey called on President Joe Biden to sign a recently passed bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule.

Romero Rainey, Merski again named top lobbyists

Dec 7, 2023 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski were featured on The Hill’s 2023 list of the nation’s top lobbyists.

Regulators rolling out off-cycle exams: Reuters

Dec 7, 2023 | NewsWatch Today
Reuters reported on bank regulators ramping up off-cycle examinations of community banks following large bank failures earlier this year.

ICBA's Romero Rainey, Merski Again Named to The Hill’s Top Lobbyist List

Dec 7, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski are among the top association executives featured in The Hill’s 2023 list of the top advocates in Washington.

ICBA ThinkTECH Accelerator  Cohort Revealed

Dec 7, 2023 | Press Release
The Independent Community Bankers of America® (ICBA) today announced the selected companies for its sixth ICBA ThinkTECH Accelerator program (AP6), which will focus on fintech solutions around analytics, automation, and compliance.

Here for good: help us celebrate community banking

Dec 6, 2023 | ICBA Live Newsletter
The year is almost over, and we’d love your help to get ready for ICBA LIVE 2024, March 14-17. In line with the holiday spirit, we’re asking you to share how you and your bank are here for good: So grab your phone and record a quick video for us!

ThinkTECH session next week features quick fintech pitches

Dec 6, 2023 | NewsWatch Today
ICBA next week is hosting a fast and informative session to explore fintech solutions for community banks.

ICBA: Agency use of AI could relieve data reporting burden

Dec 6, 2023 | NewsWatch Today
ICBA offered recommendations for an Office of Management and Budget proposal to establish artificial intelligence governance standards for federal agencies.

CFPB to Congress: ICBA mortgage disclosure proposal could benefit housing market

Dec 6, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau promoted its recent approval of ICBA’s proposed template to improve mortgage disclosures in testimony before Congress.

House committee chairman McHenry won’t seek reelection

Dec 6, 2023 | NewsWatch Today
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced he will retire from Congress at the end of his current term.

Independent Banker features Best Community Banks to Work For

Dec 5, 2023 | NewsWatch Today
The December issue of ICBA Independent Banker magazine features the 2023 Best Community Banks to Work For recipients.

ThinkTECH Accelerator registration open

Dec 5, 2023 | NewsWatch Today
Community bankers can now register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

Fed touts ‘same risk, same regulation’ approach to innovation

Dec 5, 2023 | NewsWatch Today
The Federal Reserve Board’s approach to overseeing banking innovation seeks to ensure activities that present fundamentally the same risks are regulated in the same way, a Fed regulator is slated to tell Congress today.

White paper warns of ‘triangulation’ fraud

Dec 5, 2023 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center recently issued a white paper on triangulation fraud, a relatively new type of fraud that targets online shoppers and affects the broader payments system.

House passes ICBA-advocated resolution to scrap CFPB 1071 rule

Dec 4, 2023 | NewsWatch Today
ICBA commended the House for passing an ICBA-advocated resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 small-business data collection and reporting requirements.