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IRS reporting plan would increase burdens: ICBA’s Merski

Apr 30, 2021 | NewsWatch Today
ICBA’s Paul Merski told Bloomberg that additional IRS reporting being floated this week by the Biden administration would increase compliance burdens for community banks.

CFPB reports on fair lending enforcement

Apr 29, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.

CFPB: More complaints from minority counties

Apr 29, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau released a county-by-county analysis of consumer complaints. The bureau said it received more complaints per capita from consumers living in predominantly minority counties in 2019 and 2020

Credit union groups mixed on CRA-lite

Apr 28, 2021 | NewsWatch Today
Recently reintroduced Senate legislation to codify community outreach policies for community credit unions is getting a mixed reception from credit union industry groups.

CFPB delays new QM rule

Apr 28, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued a final rule formally delaying the mandatory compliance date of its recently modified general Qualified Mortgage final rule from July 1, 2021, to Oct. 1, 2022.

ICBA urging messages to Congress today

Apr 26, 2021 | NewsWatch Today
With hundreds of community bankers meeting virtually with congressional offices this week, ICBA today is urging community bankers nationwide to send grassroots messages to their members of Congress.

ICBA launches crypto webinar series

Apr 26, 2021 | NewsWatch Today
With 80 percent of bitcoin holders saying they would store it with their bank if offered, ICBA ThinkTECH’s new Cryptocurrency Demystified webinar series will help community bankers address the rising demand of digital currency.

SBA reopens shuttered venue grant program

Apr 26, 2021 | NewsWatch Today
The SBA reopened the Shuttered Venue Operators Grant application portal after technology issues scuttled its April 8 launch.

OCC conditionally approves Paxos bank charter

Apr 26, 2021 | NewsWatch Today
The OCC conditionally approved the ICBA-opposed trust bank charter application from Paxos, a cryptocurrency platform.

Three days of grassroots at next week’s Capital Summit

Apr 22, 2021 | NewsWatch Today
Community bankers who can’t participate in next week’s virtual ICBA Capital Summit will still be able to join in the grassroots outreach.

VPN compromise illustrates growing malware trend

Apr 22, 2021 | NewsWatch Today
Cybersecurity firm FireEye said it is tracking 12 malware families associated with the exploitation of Pulse Secure VPN devices.

Taxpayer group urges credit union reforms

Apr 22, 2021 | NewsWatch Today
Congress should examine how the tax code is contributing to acquisitions of taxpaying community banks by tax-exempt credit unions, the National Taxpayers Union wrote in a new op-ed.