The House Financial Services Committee is scheduled to meet next week for a hearing on federal support for minority depository institutions and community depository financial institutions.
Policymakers should take a comprehensive, coordinated regulatory approach to stablecoins and other digital assets, ICBA told the House Financial Services Committee.
With the Financial Crimes Enforcement Network now required to collect beneficial ownership information directly from reporting companies, it should withdraw its requirement that banks collect this information as well, ICBA told the agency.
The National Taxpayers Union encouraged key congressional committees to consider whether credit unions should continue to be exempt from filing Form 990 returns, which most tax-exempt organizations are required to file annually.
Paycheck Protection Program borrowers may request an SBA loan review of partial forgiveness decisions issued by their PPP lenders, according to a recent SBA procedural notice.
ICBA called on the Senate to advance a House-passed amendment to establish a cannabis banking safe harbor, which community bankers can advocate in custom messages to senators.
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the House’s latest passage of legislation to establish a cannabis banking safe harbor.
The House passed legislation with an ICBA-advocated amendment to establish a cannabis banking safe harbor, which community bankers can call on the Senate to pass.
The Independent Community Bankers of America, in partnership with The Venture Center, will host a one-day virtual summit for policymakers and the 2022 ICBA ThinkTECH Accelerator fintech cohort, to discuss the future of community bank innovation.
ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting this month to support community bank cybersecurity.
The Senate Banking Committee is scheduled to meet at 8:45 a.m. (Eastern time) today, Feb. 3, for a hearing on President Joe Biden’s three nominations to fill openings on the Federal Reserve Board.
The FDIC announced it will expand its #GetBanked public awareness campaign into the Los Angeles, Dallas, and Detroit metro areas after launching it last year in Atlanta and Houston.
The Postal Regulatory Commission is pressing the U.S. Postal Service on why it didn’t seek the commission’s approval before launching an ICBA-opposed postal banking pilot program last year.
ICBA and other groups called on the Federal Reserve Board to reconsider its proposal to reopen regulations governing debit card interchange fees and routing.
A new rule that allows private institutional investors to exploit credit union tax subsidies is yet another reason for Congress to investigate credit union policies, ICBA President and CEO Rebeca Romero Rainey wrote this week in a new op-ed.
A new rule that allows private institutional investors to exploit credit union tax subsidies is yet another reason for Congress to investigate credit union policies, ICBA President and CEO Rebeca Romero Rainey writes in a new op-ed.
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report focuses on growing cybersecurity risks to small and minority-led financial institutions.