House meeting next week on MDIs, CDFIs

Feb 11, 2022 | NewsWatch Today
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.

As House panel meets, ICBA urges coordinated crypto approach

Feb 9, 2022 | NewsWatch Today
Policymakers should take a comprehensive, coordinated regulatory approach to stablecoins and other digital assets, ICBA told the House Financial Services Committee.

ICBA to FinCEN: Drop beneficial owner reporting mandate

Feb 9, 2022 | NewsWatch Today
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.

Taxpayer group continues push for credit union transparency

Feb 9, 2022 | NewsWatch Today
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.

PPP borrowers may request reviews of partial forgiveness decisions

Feb 8, 2022 | NewsWatch Today
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 urges Senate to retain House-passed cannabis bill

Feb 8, 2022 | NewsWatch Today
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.

ICBA Urges Senate to Retain House-Passed SAFE Banking Act in Conference

Feb 7, 2022 | NewsWatch Today
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.

House again passes cannabis banking safe harbor

Feb 7, 2022 | NewsWatch Today
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.

ICBA set for 2022 Capital Summit

Feb 7, 2022 | NewsWatch Today
Registration is open for the 2022 ICBA Capital Summit, the industry’s premier advocacy event scheduled for May 1-4 in Washington, D.C.

ICBA Capital Summit set for May 1-4

Feb 4, 2022 | NewsWatch Today
Registration is open for the 2022 ICBA Capital Summit, the industry’s premier advocacy event scheduled for May 1-4 in Washington, D.C.

Cannabis banking amendment added to COMPETES Act

Feb 4, 2022 | NewsWatch Today
The House included an ICBA-advocated bill establishing a cannabis banking safe harbor as an amendment to a pending legislative package.

Regulators to Share Views on Community Bank Innovation at ICBA ThinkTECH Accelerator Event

Feb 3, 2022 | Press Release
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, CISA cybersecurity exercises start this month

Feb 3, 2022 | NewsWatch Today
ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a tabletop exercise on several dates starting this month to support community bank cybersecurity.

Senate hearing today on Fed nominees

Feb 3, 2022 | NewsWatch Today
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.

FDIC expands #GetBanked campaign

Feb 3, 2022 | NewsWatch Today
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.

Postal commission indicates banking pilot violated law

Feb 2, 2022 | NewsWatch Today
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, groups to Fed: Reconsider interchange proposal

Feb 2, 2022 | NewsWatch Today
ICBA and other groups called on the Federal Reserve Board to reconsider its proposal to reopen regulations governing debit card interchange fees and routing.

Credit union debt offering bolsters oversight push

Feb 2, 2022 | NewsWatch Today
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.

Credit union debt offering bolsters need for oversight: op-ed

Feb 1, 2022 | NewsWatch Today
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.

FS-ISAC spotlights threats to smaller institutions

Feb 1, 2022 | NewsWatch Today
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.