The Federal Reserve Board said the Bank Term Funding Program will cease making new loans as scheduled on Monday, March 11. The program will continue to make loans until that date.
ICBA continues calling on community bankers to urge their members of Congress to co-sponsor bipartisan legislation designed to help protect the financial privacy of mortgage applicants.
ICBA and affiliated state community banking associations expressed strong support for Senate legislation to permanently close the industrial loan company loophole.
ICBA and other groups called on the Biden administration to protect crop insurance from harmful cuts as it develops its budget proposal for fiscal 2025.
ICBA is calling on community bankers to urge their members of Congress to co-sponsor bipartisan legislation designed to help protect the financial privacy of mortgage applicants.
ICBA is calling on community bankers to urge their members of Congress to co-sponsor bipartisan legislation designed to help protect the financial privacy of mortgage applicants.
The Federal Reserve delayed the comment deadline on its proposal to lower the maximum interchange fee that covered debit card issuers may receive for debit card transactions, as advocated by ICBA.
A Federal Reserve Bank of Atlanta report following a series of ransomware attacks on credit unions last year noted that the National Credit Union Administration has no enforcement authority over third-party service providers.