The FDIC announced that its Advisory Committee on Economic Inclusion (ComE-IN) will meet at 9 a.m. (Eastern time) Wednesday, Nov. 13, in Washington, D.C.
The ICBA Foundation’s Hurricane Relief Fund—which is dedicated to supporting community bankers, their employees, and communities—continues to grow, including via a $25,000 match from ICBA.
The FDIC announced that today it will introduce an online tool to help financial institutions, investors, and other interested groups to identify neighborhoods that could benefit from banking services.
The ICBA Foundation’s Hurricane Relief Fund—which is dedicated to supporting community bankers, their employees, and communities—continues to grow with generous support, including a $25,000 match from ICBA.
The Federal Housing Finance Agency’s regulatory crackdown on the Federal Home Loan Banks threatens the housing finance system at a time of high prices and limited supply, ICBA wrote in a new op-ed.
A new blog post spotlights a growth-focused credit union that has rapidly expanded its footprint and obscured its declining net worth by acquiring smaller credit unions and issuing subordinated debt.
The Community Development Financial Institutions Fund and the Federal Housing Finance Agency announced the formation of a working group to increase capital for affordable housing lending from the Federal Home Loan Banks.
ICBA said a new regulatory action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system exemplifies the risks posed by lagging credit union regulation.
ICBA commended the federal banking agencies for hosting a virtual community banker outreach meeting under their current regulatory review and called for at least three more meetings.
To counteract “regulation through enforcement,” ICBA urged federal banking regulators to periodically publish supervisory highlights on key examination findings related to bank-fintech partnerships, similar to the Consumer Financial Protection Bureau’s.
The Financial Stability Board reiterated its calls for countries to regulate stablecoins due to concerns about users losing confidence in stablecoins, which could lead to runs on issuers.
