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NewsWatch Today

Chopra lays out CFPB priorities before Congress

Jun 13, 2024 | NewsWatch Today
Consumer Financial Protection Bureau Director Rohit Chopra described the CFPB’s focus on financial data, medical debt, and credit cards during his semi-annual report to the Senate Banking Committee.

Fed holds rates steady, predicts fewer cuts in 2024

Jun 13, 2024 | NewsWatch Today
The Federal Open Market Committee voted to hold target interest rates steady, due to an uncertain economic outlook and inflation risks.

CFPB proposes to ban medical bills from credit reports

Jun 12, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau proposed a rule that would remove medical bills from most credit reports.

Boozman releases Senate GOP farm bill framework

Jun 12, 2024 | NewsWatch Today
Senate Agriculture Committee Ranking Member John Boozman (R-Ark.) released the Senate Republican framework for the next farm bill.

ICBA requests comment extension on Fedwire schedule change

Jun 12, 2024 | NewsWatch Today
ICBA requested a 90-day extension to the Federal Reserve Board’s request for comment on expanding Fedwire Funds Service and National Settlement Services operating hours.

ICBA study: Small-business owners satisfied with community banks, but regulations threaten lending

Jun 11, 2024 | NewsWatch Today
ICBA released findings from a study showing that while small-business owners prefer community banks, increasingly burdensome and complex regulations threaten to restrict small-business lending.

Virtual seminar on analyzing financial statements tomorrow

Jun 11, 2024 | NewsWatch Today
ICBA is hosting a virtual seminar on financial statements starting at 10 a.m. (Eastern time) tomorrow.

Podcast: Banking Transformed

Jun 11, 2024 | NewsWatch Today
A new episode of the Banking Transformed podcast from ICBA Preferred Service Provider MeridianLink shares actionable insights to boost bank' growth, efficiency, and customer experience.

Credit union bank acquisitions break record halfway through 2024

Jun 10, 2024 | NewsWatch Today
ICBA-opposed credit union acquisitions of taxpaying community banks have reached an annual record less than halfway through the year, according to a new report.

FDIC, CFPB hearings this week

Jun 10, 2024 | NewsWatch Today
A look at some of the hearings taking place this week that are relevant to community bankers.

CFPB launches review of mortgage closing fees

May 31, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau launched a public inquiry into what is driving an increase in mortgage closing costs.

Latest Bank Acquisition by Tax-Exempt Credit Union Shows Need for Expansive Congressional Action

May 31, 2024 | NewsWatch Today
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after the latest acquisition of a tax-paying bank by a tax-exempt credit union.