Newsroom Graphic

NewsWatch Today

FinCEN updates FAQs on beneficial ownership

Nov 18, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network updated two frequently asked questions related to access to beneficial ownership information.

ICBA supports FARM Act

Nov 15, 2024 | NewsWatch Today
ICBA said it supports the Farmer Assistance and Revenue Mitigation Act (H.R. 10045), which would offer targeted relief to farmers who have suffered crop losses due to the impact of adverse weather conditions and low commodity prices.

Comments on FDIC brokered deposit rule due next week

Nov 15, 2024 | NewsWatch Today
ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of next week’s deadline.

Independent Banker details fight against new FHLB regulations

Nov 14, 2024 | NewsWatch Today
When the Federal Housing Finance Agency last year began a deep dive on the Federal Home Loan Bank System, ICBA urged the agency not to fix what isn’t broken, as detailed in the latest Independent Banker magazine.

ICBA urges community bankers to comment on FDIC brokered deposit rule

Nov 14, 2024 | NewsWatch Today
ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of next week’s deadline.

FinCEN warns banks about deepfake fraud schemes

Nov 14, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network issued an alert to help financial institutions identify fraud schemes associated with the use of deepfake media created with generative artificial intelligence tools.

ICBA urging community bankers to comment on FDIC brokered deposit rule

Nov 13, 2024 | NewsWatch Today
ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions.

Senate hearing next week on Credit Card Competition Act

Nov 13, 2024 | NewsWatch Today
Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) scheduled a hearing for Tuesday, Nov. 19, on his ICBA-opposed bill to create credit card routing mandates.

FDIC: Unbanked households at record low

Nov 13, 2024 | NewsWatch Today
Only 4.2% of U.S. households were unbanked in 2023, according to the FDIC’s latest biennial survey of Unbanked and Underbanked Households, the lowest national unbanked rate since the survey began in 2009.

ICBA Foundation makes a difference

Nov 12, 2024 | NewsWatch Today
Support from the ICBA Foundation helped Rolling Fork, Miss., rebuild after a devastating tornado last year.

ICBA: Another credit union acquisition as policy questions mount

Nov 12, 2024 | NewsWatch Today
After the 20th credit union acquisition of a community bank this year—and another featuring a credit union crossing state lines to buy a community bank—ICBA said the record number of transactions is being noticed by the public and policymakers.

Invitation-only event next month for leaders of large community banks

Nov 12, 2024 | NewsWatch Today
ICBA’s Breaking Barriers Symposium is set for Dec. 4-5 in Washington, D.C.