CFPB confirms March 2023 for 1071 final rule

Jul 13, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau plans to issue a final rule implementing Section 1071 small-business reporting requirements by March 31, 2023, according to court filing.

ICBA to House: Include cannabis, notarization bills in defense act

Jul 13, 2022 | NewsWatch Today
ICBA and other groups today are calling on the House to include a cannabis banking safe harbor in the fiscal 2023 National Defense Authorization Act (H.R. 7900).

‘Buy now, pay later’ surge deflates merchant interchange push

Jul 13, 2022 | NewsWatch Today
While merchants are urging regulators to expand the Durbin Amendment, the recent surge of “buy now, pay later” is deflating their interchange arguments, according to ICBA’s latest blog post.

Community Banker Anne Balcer Today Joins ICBA as New Head of Government Relations

Jul 11, 2022 | Press Release
Anne Balcer today officially joined the Independent Community Bankers of America (ICBA) as senior executive vice president, chief government relations and public policy.

How ICBA’s ThinkTECH Accelerator refines tech solutions

Jul 8, 2022 | NewsWatch Today
ICBA's latest blog post shares how this year's ICBA ThinkTECH Accelerator program helped three fintech participants refine their solutions to address community bank pain points and opportunities.

CFPB issues advisory on credit report privacy restrictions

Jul 8, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau issued a legal interpretation on the permissible purposes for companies to use and share credit reports and background reports under the Fair Credit Reporting Act.

Treasury’s Liang raises prospect of nonbank stablecoin model

Jul 8, 2022 | NewsWatch Today
Treasury Under Secretary for Domestic Finance Nellie Liang this week explored the appropriate regulatory structure to address stablecoin risks.

Bank branching deregulation harmed small businesses: FDIC paper

Jul 7, 2022 | NewsWatch Today
Community banks and small businesses were affected disproportionately by U.S. branching deregulation during the 1990s, according to a new research paper released by the FDIC’s Center for Financial Research.

Agencies encourage risk-based approach to customer due diligence

Jul 7, 2022 | NewsWatch Today
Federal financial services regulators issued a joint statement to remind banks of the risk-based approach to assessing customer relationships and conducting customer due diligence.

nbkc bank Successfully Implements nCino Commercial Pricing and Profitability

Jul 7, 2022 | Industry News From Corporate Members
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that nbkc is live on nCino’s Commercial Pricing and Profitability on the nCino Bank Operating System®.

Tennessee Community Banker Named Chairman of ICBA Securities Board of Directors

Jul 5, 2022 | Press Release
ICBA Securities Inc.®, the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), today announced the election of Thomas E. Bates Jr., president and CEO of Legends Bank in Clarksville, Tenn., as chairman of the ICBA Securities board of directors. Aza Bittinger, president and CEO of the Community Bankers Association of Ohio; Blake Heid, president and CEO of First Option Bank in Osawatomie, Kans.; and Craig Wanichek, president and CEO of Summit Bank in Eugene, Ore., were also elected to the board.

ICBA “dashboard” and briefing highlight community bank-focused advocacy efforts for Q3

Jul 5, 2022 | NewsWatch Today
ICBA’s third quarter “Advocacy in Action” government relations dashboard and recent advocacy briefing provide community banks with an update on ICBA’s advocacy successes, along with more information about our community bank-focused policy positions before Congress and the financial agencies.

ICBA guidance on new FDIC approach to re-presented transactions

Jul 5, 2022 | NewsWatch Today
With the FDIC taking a new, stricter approach to how banks treat single items that are repeatedly rejected for insufficient funds, ICBA released member-protected fact sheet on the issue with recommendations for reducing the risk of penalties.

Nominations open for Best Community Banks to Work For awards

Jul 5, 2022 | NewsWatch Today
ICBA’s Independent Banker magazine opened nominations for its 2022 Best Community Banks to Work For awards.

Fed: Community Banking Connections makes business case for relationship banking

Jul 5, 2022 | NewsWatch Today
The latest issue of the Federal Reserve’s Community Banking Connections herald's the financial resilience and commitment of the nation's community banks in serving local communities throughout the pandemic.

TCM Bank Announces New Board Appointments

Jul 1, 2022 | Press Release
TCM Bank, N.A., a subsidiary of ICBA Bancard, today announced that Jack Hartings, chairman of the Peoples Bank Co. in Coldwater, Ohio, and Kathy Underwood, president and CEO of Ledyard National Bank, in Hanover, N.H., were elected to the TCM Bank board of directors.

North Dakota Banker Named to ICBA Bancard Board of Directors

Jun 30, 2022 | Press Release
ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America, today announced that Sarah Getzlaff, CEO of Security First Bank of North Dakota in Bismarck, N.D. was elected to the ICBA Bancard board of directors.

ICBA Names Scott Marks as Assistant Vice President of Congressional Relations

Jun 30, 2022 | Press Release
The Independent Community Bankers of America today announced the hire of Scott Marks as assistant vice president of congressional relations.

ICBA offers guidance on FDIC’s new approach to re-presented transactions

Jun 30, 2022 | NewsWatch Today
With the FDIC taking a new, stricter approach to how banks treat single items that are repeatedly rejected for insufficient funds, ICBA released a member protected fact sheet on the issue with recommendations for reducing the risk of penalties.

ICBA Urges Policymakers to Consider Risks of Crypto, Central Bank Digital Currency

Jun 29, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on the Commerce Department to recognize the risks posed by digital assets — including a U.S. central bank digital currency — as policymakers consider a regulatory framework.