NewsWatch Today

ICBA and its 44 state affiliates called on senators to include the Access to Credit for our Rural Economy (ACRE) Act (S. 838) in the tax portion of the Senate reconciliation bill, noting it is bipartisan legislation that would reduce high loan interest costs for farmers, ranchers, and rural homeowners.

Acting Comptroller of the Currency Rodney Hood said the OCC wants to develop artificial intelligence guidance and tools that ensure that all banks can modernize and remain competitive.

The Federal Reserve announced that Wells Fargo is no longer subject to the asset-growth restriction from its enforcement action against the bank.

This month’s Independent Banker magazine recognizes the seventh annual "40 Under 40" list of emerging community bankers who are making a difference in their communities.

The Consumer Financial Protection Bureau asked a federal court to vacate its 1033 rule on consumer data security and privacy, saying the rule is unlawful.

Senate Majority Leader John Thune (R-S.D.) moved to bring to a vote the nomination of Michelle Bowman to be the Federal Reserve’s vice chair for supervision.

ICBA’s Independent Banker magazine opened nominations for its 2025 Best Community Banks to Work For awards, sponsored by FIS.

The Treasury Department announced it is seeking public input on its plans to transition federal disbursements to electronic payments.

After community bankers convened in Washington this month for Capital Summit, ICBA noted the inclusion of a modified version of the Access to Credit for our Rural Economy Act (ACRE - S. 838) in the House version of the reconciliation bill (H.R. 1) and urged senators to include ACRE in its version of reconciliation.

About 90% of smartphone users now use digital wallets regularly, offering opportunities for community banks to innovate and respond to customer expectations, according to the latest Independent Banker magazine.

The Treasury Department sanctioned Funnull Technology Inc., a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams, commonly known as “pig butchering.”

ICBA is reminding community bankers that federal regulators’ Cybersecurity Assessment Tool is scheduled to sunset on Aug. 31.