ICBA said it supports several federal actions announced Friday that will help mitigate the risks posed by special-purpose depository institutions and digital assets.
The Federal Reserve released a guide on the six phases of the FedNow Service journey. The document shows key activities and decisions for organizations to prepare for and go live with FedNow.
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced the panel’s majority staff for the 118th Congress. Staffers include Staff Director Matthew Hoffmann, Chief Counsel and Policy Director Kimberly Betz, and Director of Operations Lindsey Shackelford.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s federal actions to help mitigate the risks posed by crypto-asset firms.
ICBA is mourning the passing of former ICBA President and CEO Ken Guenther, who died Wednesday. Guenther’s fierce passion for community banking has served as an inspiration for many in the industry.
The National Credit Union Administration board voted to extend the 18% interest rate ceiling for loans made by federal credit unions through Sept. 10, 2024.
ICBA called on the Consumer Financial Protection Bureau to limit the regulatory burden of its pending rulemaking to establish standards for sharing consumer financial data.
ICBA continued its campaign opposing changes to the Community Development Financial Institution certification application during a meeting with House Financial Services Committee Ranking Member Maxine Waters (D-Calif.).
The Independent Community Bankers of America (ICBA) today announced the hire of Stephanie Foster as director, ThinkTECH Accelerator. Foster serves in a newly created position following ICBA’s announced plans to bring its highly successful ThinkTECH Accelerator program inhouse.
In recognition of Data Privacy Week, the Independent Community Bankers of America (ICBA) is reminding consumers of practical steps to help safeguard their sensitive data and protect against losses in the event of a data breach or compromise.
The Consumer Financial Protection Bureau was incorrect in determining that the Truth in Lending Act does not preempt a recently enacted New York State disclosure law, ICBA said in a new comment letter.
ICBA and other groups called on the Consumer Financial Protection Bureau to comply with the Small Business Regulatory Enforcement Fairness Act as it considers reducing or eliminating the safe harbor fee that credit card issuers may charge to avoid scrutiny of their fees as unreasonable.
Senate Banking Committee members Mark Warner (D-Va.) and Mike Crapo (R-Idaho) encouraged the Treasury Department to consider all comments responding to its proposal to revise Community Development Financial Institution certification application and reporting requirements.
Fannie Mae and Freddie Mac will reduce their upfront fee for commingled securities to 9.375 basis points after announcing a 50-point fee last year, the Federal Housing Finance Agency announced.
While federal regulators are working to finalize climate risk proposals that purportedly target the nation's largest financial institutions, the proposals would inevitably subject community banks to new and expensive regulatory burdens, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed.
The Consumer Financial Protection Bureau issued a circular affirming that companies offering “negative option” subscription services must comply with federal consumer financial protection law.
The Financial Crimes Enforcement Network today is set to issue a final rule to reflect annual inflation adjustments to its civil monetary penalties as mandated by the Federal Civil Penalties Inflation Adjustment Act of 1990.
