2024 Summer Internship Diaries - Vol. 6

Oct 4, 2024 | News
As we approach the final few weeks as interns here at ICBA, we have been thinking about our futures while looking back on the time we have spent here this summer.

2024 Summer Internship Diaries - Vol. 5

Oct 4, 2024 | News
After a restful 4th of July week, we were excited to return to a full week of exciting activities. We kicked off the week with a volunteer activity at Food and Friends, a local social services organization that prepares, packages, and delivers medically tailored meals.

2024 Summer Internship Diaries - Vol. 4

Oct 4, 2024 | News
After four weeks as interns at ICBA, we have continued to have new and exciting experiences together which have all felt valuable to our time here.

2024 Summer Internship Diaries - Vol. 3

Oct 4, 2024 | News
Last week was jam packed with exciting events and opportunities that we all enjoyed participating in. All of us interns have had time to develop skills within the workplace, and we have all delighted in taking on new projects within our departments.

2024 Summer Internship Diaries - Vol. 2

Oct 4, 2024 | News
As we finish our second week here at ICBA, we already have made incredible memories with fellow interns and other ICBA employees. The workplace culture is vibrant and supportive, and we all have grown to appreciate it even in the short time we have been working here.

2024 Summer Internship Diaries - Vol. 1

Oct 4, 2024 | News
Last week, we began our internship program here at ICBA. Starting a new position is an exciting time, but it comes with unique challenges that we must face together. The first week is critical, where we learn, work, and create with others for the first time.

ICBA Foundation raising funds for Hurricane Helene relief

Oct 4, 2024 | NewsWatch Today
The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.

ICBA: Record-setting 17th credit union acquisition requires response

Oct 4, 2024 | NewsWatch Today
Following this year’s 17th acquisition of a tax-paying community bank by a tax-exempt credit union—a new single-year record—ICBA repeated its call for policymakers to respond.

Swift to start live trials of digital asset transactions next year

Oct 4, 2024 | NewsWatch Today
Swift announced that banks and central banks across North America, Europe, and Asia in 2025 will be able to use its network to conduct pilot transactions in digital assets and central bank digital currencies.

Record-High Community Bank Acquisitions by Tax-Exempt Credit Unions Requires Policy Response

Oct 3, 2024 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 17th acquisition of a tax-paying bank by a tax-exempt credit union — a new single year record.

New op-ed: Credit unions that act like big banks should be regulated like them

Oct 3, 2024 | NewsWatch Today
Members of Congress and the American public should consider why credit unions are acting like the nation’s largest banks while enjoying tax and regulatory advantages, according to a new MarketWatch opinion piece (subscription required).

Agencies issue joint statement on institutions affected by Hurricane Helene

Oct 3, 2024 | NewsWatch Today
Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Helene on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision.

Survey: Regulatory burden is top community bank concern

Oct 3, 2024 | NewsWatch Today
Regulatory burden has risen to the top of community banker concerns alongside cost of funds, according to the Conference of State Bank Supervisors Annual Community Bank Survey.

ICBA shares tips for Cybersecurity Awareness Month

Oct 2, 2024 | NewsWatch Today
In recognition of Cybersecurity Awareness Month, ICBA released tips to help consumers protect their sensitive financial information and minimize the risk of cyber threats.

FDIC, OCC announce relief for banks affected by Hurricane Helene

Oct 2, 2024 | NewsWatch Today
The FDIC announced regulatory relief to facilitate recovery in areas of Florida, Georgia, North Carolina, and South Carolina affected by Hurricane Helene. The FDIC also published a disaster webpage with more information for banks that are affected.

CFPB issues advisory on medical debt collection

Oct 2, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued an advisory opinion that said debt collectors, which may include third-party “revenue cycle management” companies, are violating federal law when they collect on inaccurate or legally invalid medical debts.

ICBA Shares Consumer Tips to Protect Financial Data During Cybersecurity Awareness Month

Oct 1, 2024 | Press Release
In recognition of Cybersecurity Awareness Month this October, the Independent Community Bankers of America (ICBA) offers tips to help consumers protect their sensitive financial information and minimize the risk of cyber threats.

FHFA proposes updates to FHLBank liquidity rules

Oct 1, 2024 | NewsWatch Today
The Federal Housing Finance Agency issued a proposed rule that would amend its regulation of Federal Home Loan Bank unsecured credit limits.

FHFA issues climate risk advisory to FHLBanks

Oct 1, 2024 | NewsWatch Today
The Federal Housing Finance Agency issued an advisory bulletin that provides guidance to the Federal Home Loan Banks on incorporating climate-related risks into their risk-management frameworks.

ICBA continues advocating 1033 exemption in latest report

Oct 1, 2024 | NewsWatch Today
In a new American Banker article (subscription required), ICBA continued its call for the Consumer Financial Protection Bureau to include a community bank exemption in its pending 1033 rule on sharing consumer financial data.