President Donald Trump signed into law an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft services, finalizing a key policy success for community bankers.
The Consumer Financial Protection Bureau announced the withdrawal of certain guidance, interpretive rules, policy statements, and advisory opinions issued since 2011.
Fraud mechanisms and scam typologies are constantly evolving, according to the latest Independent Banker magazine, and community banks must build awareness, knowledge, and prevention skills to successfully thwart them.
After the Senate Banking Committee advanced the nomination of Michelle Bowman to be the Federal Reserve’s vice chair for supervision, ICBA urged the full Senate to approve Bowman for the role.
Security recently debuted as the latest discussion group to be added to ICBA Community—the exclusive digital network for ICBA members—and it already boasts almost 80 members.