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CISA adds cyberattack vulnerability to catalog

Jul 3, 2024 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency added the Cisco NX-OS Command Injection Vulnerability to its Known Exploited Vulnerabilities Catalog.

CFPB spotlights violations from recent exams

Jul 3, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau said that its recent examinations revealed unfair, deceptive, or abusive acts at companies servicing auto loan and student loans; Fair Debt Collection Practices Act violations by debt collectors; and issues with medical payment products.

Independent Banker showcases top lenders of 2024

Jul 2, 2024 | NewsWatch Today
This month’s Independent Banker magazine recognizes the top lenders of 2024, the top community bank loan producers based on 2023 FDIC data.

Op-ed: Credit unions unfairly using tax breaks

Jul 2, 2024 | NewsWatch Today
Large credit unions are using the savings from their federal tax exemption to acquire taxpaying community banks at an alarming rate, Mississippi Bankers Association President and CEO Gordon Fellows writes in a new op-ed.

Agencies release updated mortgage survey data

Jul 2, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau and Federal Housing Finance Agency published updated loan-level data collected through the National Survey of Mortgage Originations.

Fed’s Bowman cites concerns with credit union bank acquisitions

Jun 28, 2024 | NewsWatch Today
Federal Reserve Governor Michelle Bowman raised concerns with credit union acquisitions of banks, noting the tax-exempt financial firms are exempt from the Community Reinvestment Act.

ICBA urges senators to co-sponsor bill to close ILC loophole

Jun 28, 2024 | NewsWatch Today
ICBA urged senators to co-sponsor ICBA-advocated legislation to permanently close the industrial loan company loophole.

Data privacy bill markup canceled

Jun 28, 2024 | NewsWatch Today
The House Energy and Commerce Committee canceled the scheduled markup of the American Privacy Rights Act following concerns about the bill.

GM withdraws ILC charter application

Jun 27, 2024 | NewsWatch Today
General Motors withdrew its ICBA-opposed application for deposit insurance, suspending its bid to form an industrial loan company.

Sen. Stabenow: It’s time to pass a farm bill

Jun 27, 2024 | NewsWatch Today
Senate Agriculture Committee Chair Debbie Stabenow (D-Mich.) called for negotiations on the next farm bill.

Fed’s Bowman recommends Basel III Endgame changes

Jun 27, 2024 | NewsWatch Today
Federal Reserve Governor Michelle Bowman said she sees a path forward for implementing proposed Basel III Endgame capital rules that addresses concerns with their effectiveness and efficiency.

New ICBA podcast on check fraud

Jun 26, 2024 | NewsWatch Today
The latest episode of ICBA’s “Independent Banker” podcast, sponsored by FIS, discusses why check fraud has become such a problem.