NewsWatch Today

Federal financial services regulators issued a joint statement to remind banks of the risk-based approach to assessing customer relationships and conducting customer due diligence.

ICBA’s third quarter “Advocacy in Action” government relations dashboard and recent advocacy briefing provide community banks with an update on ICBA’s advocacy successes, along with more information about our community bank-focused policy positions before Congress and the financial agencies.

With the FDIC taking a new, stricter approach to how banks treat single items that are repeatedly rejected for insufficient funds, ICBA released member-protected fact sheet on the issue with recommendations for reducing the risk of penalties.

ICBA’s Independent Banker magazine opened nominations for its 2022 Best Community Banks to Work For awards.

The latest issue of the Federal Reserve’s Community Banking Connections herald's the financial resilience and commitment of the nation's community banks in serving local communities throughout the pandemic.

With the FDIC taking a new, stricter approach to how banks treat single items that are repeatedly rejected for insufficient funds, ICBA released a member protected fact sheet on the issue with recommendations for reducing the risk of penalties.

ICBA released a summary of the banking agencies’ proposed update to Community Reinvestment Act regulations.

The Consumer Financial Protection Bureau issued an interpretive rule affirming states’ abilities to issue their own fair credit reporting laws.

The House Financial Services Committee today is set to vote on ICBA-advocated legislation to close the industrial loan company loophole after pulling an ICBA-opposed bill to implement overdraft restrictions.

The Consumer Financial Protection Bureau issued an advance notice of proposed rulemaking to reopen CARD Act rules that regulate how much financial firms can charge in credit card late fees.

ICBA and other groups called on the FDIC to reconsider its decision to eliminate the Office of Supervisory Appeals and reinstate the agency’s Supervision Appeals Review Committee.

The Consumer Financial Protection Bureau plans to issue a final rule implementing Section 1071 small-business reporting requirements by March 2023, according to a timeline released by the Office of Management and Budget.