ICBA and other groups again urged in a joint letter to House members their opposition to a Senate-passed resolution to repeal the OCC’s “true lender” rule.
A Commodity Futures Trading Commission panel recommended best practices for switching interdealer trading conventions from LIBOR to the Secured Overnight Financing Rate in U.S. dollar interest rate swaps.
The Consumer Financial Protection Bureau issued frequently asked questions on unauthorized transfer and error resolution provisions under the Electronic Fund Transfer Act and Regulation E.
The IRS said it started sending letters to more than 36 million American families who may be eligible to receive monthly Child Tax Credit payments starting in July.
People who have been vaccinated against coronavirus are more than 90% protected against infection and, if they do become infected, they have milder disease than unvaccinated people, a new CDC study shows.
ICBA and other groups called on the Federal Reserve Board of Governors to grant a 30-day extension for its Notice of Proposed Rule Making on Debit Card Interchange Fees and Routing.
ICBA recently released an updated guide for community banks on data privacy laws and regulations. The guide walks community bankers through some of the more prominent state, federal, and international data privacy laws.
ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America, announced the hire of Nick Denning as senior vice president of payments industry relations.
ICBA and other groups wrote to request the OCC rescind its interpretive letter expanding eligibility to apply for a national trust charter as well as the conditional charter approvals for Anchorage Digital Bank, Paxos National Trust and Protego Trust Bank.
The Government Accountability Office reissued its recommendation to the FDIC for enhanced collaboration with other financial regulators concerning the use of alternative data in credit underwriting.
In recognition of National Homeownership Month in June, ICBA and the nation’s community banks are reminding consumers to consult their local community bank to learn about programs that can make homeownership easier and more affordable
Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America, announced its 40 Under 40: Emerging Community Bank Leaders.
The Federal Reserve Board requested public comment on proposed changes to its policy governing the provision of intraday credit, or daylight overdrafts, to healthy institutions with accounts at the Federal Reserve Banks.
The Alternative Reference Rates Committee said it is holding an event next week on the impact of the transition from LIBOR to the Secured Overnight Financing Rate on the derivatives market.
With about 34,500 new cases reported last week, the US saw the lowest number of weekly Covid-19 cases among children since early October, the American Academy of Pediatrics said Tuesday.
ICBA and its Minority Bank Advisory Council this week urged the Treasury Department and Federal Housing Finance Agency to reopen negotiations over the Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac.
ICBA this week released an updated guide for community banks on data privacy laws and regulations. The guide is available here and in the Cyber and Data Security Mitigation section of ICBA’s Operational Risk resource center.
Roughly 42 percent of loans for manufactured homes are secured by “chattel” loans secured by the home but not the land, according to a report from CFPB.
