NewsWatch Today

ICBA ThinkTECH Connect—which provides a quick look at fintech companies that may be of interest to community banks—is scheduled for noon (Eastern time) this Thursday, April 24.

The FDIC modified its approach to resolution planning for large banks.

The Federal Reserve proposed changes that would reduce the volatility of capital requirements stemming from its annual stress test results.

At ICBA Capital Summit—slated for May 12-15 in Washington, D.C.—community bankers engage in important discussions about the future of community banking, advocate for policies that support local economies, and share best practices with peers, according to the latest Independent Banker magazine.

In response to the OCC’s decision to combine its community, midsize, and large bank supervision functions, ICBA said merging supervisory functions threatens to dilute the nuanced oversight that effective community bank supervision requires in favor of a one-size-fits-all model.

Banks play a critical role in safeguarding against deepfake-driven fraud given their direct handling of financial transactions and sensitive customer data, according to Federal Reserve Governor Michael Barr.

In response to the OCC’s announced decision to combine its community, midsize, and large bank supervision functions, ICBA said merging supervisory functions threatens to dilute the nuanced oversight that effective community bank supervision requires and jeopardizes the tailored regulatory approach that community banks deserve.

ICBA and other groups expressed support for the reintroduction of legislation in the House and Senate to protect the financial privacy of mortgage applicants.

ICBA reiterated its call for policymakers to eliminate the federal tax exemption for credit unions with more than $1 billion in assets following the fourth announced credit union acquisition of a tax-paying community bank this year.

ICBA reiterated its call for policymakers to eliminate the federal tax exemption for credit unions with more than $1 billion in assets following the fourth announced credit union acquisition of a tax-paying community bank this year.

A federal judge voided a Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule was illegal.

The OCC released a letter sent to supervised institutions regarding unauthorized access to OCC email systems. The letter included background on the February incident, the OCC’s response, and what financial institutions could expect going forward.