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ICBA urges agencies to withdraw incomplete compensation proposal

May 8, 2024 | NewsWatch Today
ICBA urged federal banking regulators to withdraw an incomplete proposed rule on incentive-based compensation that lacks support from all relevant regulatory agencies.

FDIC issues third-party report on misconduct at the agency

May 8, 2024 | NewsWatch Today
The FDIC released a report from an independent third-party review of allegations of sexual harassment and other misconduct at the agency, management’s response, and the FDIC’s workplace culture.

ICBA urges agencies to ensure regulatory review has meaningful impact

May 7, 2024 | NewsWatch Today
ICBA called on federal regulators to take meaningful action to address excessive regulatory burdens on community banks under the agencies’ latest Economic Growth and Regulatory Paperwork Reduction Act review.

New op-ed: Congress should reject credit card routing bill

May 7, 2024 | NewsWatch Today
Congress should oppose legislation to establish new credit card rules that would put more money in the pockets of big-box retailers while leaving consumers and community banks to foot the bill, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed.

FinCEN planning pilot program on beneficial ownership info access

May 7, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network has received more than 1.7 million filings on beneficial ownership information since it began accepting reports from reporting companies at the beginning of this year, Director Andrea Gacki said.

Agencies issue community bank guide on third-party relationships

May 6, 2024 | NewsWatch Today
The federal banking regulators released a guide for community banks on managing risk in third-party relationships.

Fed proposes expanding large-value payments service operations

May 6, 2024 | NewsWatch Today
The Federal Reserve Board requested comment on a proposal to expand the operating days of the Federal Reserve Banks' two large-value payments services.

Fed’s Bowman expects ongoing inflation

May 6, 2024 | NewsWatch Today
Federal Reserve Governor Michelle Bowman said she expects inflation to remain elevated for “some time.”

FHFA reports rise in single-family guarantee fees

May 3, 2024 | NewsWatch Today
The Federal Housing Finance Agency said the average single-family guarantee fee increased by 4 basis points to 61 basis points in 2022.

FDIC, OCC detail merger proposals at House hearing

May 3, 2024 | NewsWatch Today
Federal banking regulators this week testified before Congress on agency proposals to update policies on bank mergers.

FHLBank officials pledge to work with ICBA against harmful changes to system

May 2, 2024 | NewsWatch Today
Four Federal Home Loan Bank officials joined ICBA President and CEO Rebeca Romero Rainey for a fireside chat during the final session of ICBA’s Capital Summit.

ICBA: Latest credit union acquisition shows need for congressional response

May 2, 2024 | NewsWatch Today
Following the latest acquisition of a community bank by a tax-exempt credit union, ICBA issued a national news release calling on Congress to respond.