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OCC: Banks affected by Hurricane Debby can close

Aug 9, 2024 | NewsWatch Today
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Maryland, North Carolina, South Carolina, Virginia, and Washington, D.C., affected by Hurricane Debby.

FDIC announces initial dates for new resolution filings

Aug 9, 2024 | NewsWatch Today
The FDIC announced initial submission dates for its final rule requiring resolutions plans for banks with at least $100 billion in assets and “informational filings” for banks over $50 billion.

ICBA: Fed has discretion to deny master account access

Aug 8, 2024 | NewsWatch Today
ICBA told a U.S. appellate court that federal law provides the Federal Reserve Banks with the discretion to deny or grant master account access.

ICBA continues call for 1033 exemption in new article

Aug 8, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau should exempt banks with less than $850 million in assets from its pending rule on sharing consumer financial data, ICBA told American Banker.

EGRPRA outreach meeting registration closes tomorrow

Aug 8, 2024 | NewsWatch Today
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by tomorrow’s deadline.

Independent Banker: What community banks can learn from behavioral economics

Aug 7, 2024 | NewsWatch Today
Research into behavioral economics has generated insights on how consumers make decisions, which can help community banks meet the needs of customers, according to the latest issue of Independent Banker magazine.

ICBA urges Congress to advance community bank tax priorities

Aug 7, 2024 | NewsWatch Today
ICBA urged members of the House Ways and Means Committee Tax Teams to advance several community banking industry tax initiatives as they craft priorities for tax legislation in 2025.

EGRPRA outreach meeting registration closes Friday

Aug 7, 2024 | NewsWatch Today
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.

FHA publishes final rule on engagement with mortgagors in default

Aug 6, 2024 | NewsWatch Today
The Federal Housing Administration published a final rule to update a HUD regulation that requires mortgagees to meet in person with borrowers who are in default on their mortgage payments.

Agencies request comment on data collection proposal

Aug 6, 2024 | NewsWatch Today
Federal financial regulators requested comment on a proposed rule that would establish data standards for certain information collections submitted to the agencies.

ICBA objects to FCC using Weiss Ratings for access to certain programs

Aug 6, 2024 | NewsWatch Today
ICBA told the Federal Communications Commission that Weiss Ratings is ill-suited for use as a gatekeeper for certain FCC programs.

EGRPRA outreach meeting registration closes Friday

Aug 6, 2024 | NewsWatch Today
ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.