The FDIC said the reserve ratio for the Deposit Insurance Fund remains on track to reach the statutory minimum of 1.35% as early as 2026, and ahead of the Amended Restoration Plan deadline of Sept. 30, 2028.
Stablecoins do not act as “safe havens” during crypto market stress, but their market capitalization drops after significant shocks, according to a Bank for International Settlements working paper.
ICBA’s ThinkTECH Solutions Forum: Data is scheduled for noon (Eastern time) today. Community bankers can attend live or get the recording. Registration is free for ICBA members.
ICBA updated its “Advocacy in Action” government relations dashboard for the fourth quarter with the latest community banking advocacy successes and priorities.
ICBA and state community banking associations told the Federal Housing Finance Agency that its recent Advisory Bulletin to the FHLBanks regarding credit risk management expectations for member institutions lacked both clarity and statutory authority.
As lawmakers continue to debate a regulatory framework for stablecoins, the latest Independent Banker magazine highlights how ICBA remains engaged to ensure that policymakers address the concerns of community banks.
Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision.
Federal Reserve Governor Michelle Bowman said regulatory disparities between community banks and nonbank providers—including credit unions—can have a distortive effect on competition.
