NewsWatch Today

ICBA’s Independent Banker magazine opened nominations for its 2021 Best Community Banks to Work For awards.

The Federal Reserve said it will release a new tool this month to help community banks implement the Current Expected Credit Losses accounting standard.

The Federal Housing Finance Agency issued a policy statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.

The IRS upgraded an online tool to enable families to update their bank account information so they can receive their monthly Child Tax Credit payment.

The Financial Crimes Enforcement Network issued the first government-wide priorities for anti-money-laundering and counter-financing-terrorism policy.

The Consumer Financial Protection Bureau issued a report highlighting legal violations identified by bureau examinations in 2020.

The Department of Housing and Urban Development recently proposed rescinding its 2020 rule interpreting the Fair Housing Act’s "disparate impact" standard and restoring its 2013 rule on discriminatory effects.

The pandemic has accelerated the implementation of instant payments and the need for community banks to have a strategy in place, according to the latest Main Street Matters post.

The Federal Financial Institutions Examination Council released 2020 Home Mortgage Disclosure Act data showing the impact of regulatory relief on HMDA reporting.

Escalating attacks against critical infrastructure are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity, which has implications for community banks, ICBA’s Brian Laverdure writes in a new Main Street Matters post.

The Farm Credit Administration released its quarterly report on the ag economy and the performance of the Farm Credit System, whose growth is largely generated by tax free ag real estate lending.

The Basel Committee on Banking Supervision published a public consultation document with preliminary proposals for the prudential treatment of banks' cryptoasset exposures.