NewsWatch Today

ICBA’s campaign opposing credit union acquisitions of tax-paying community banks continued generating headlines with a new Bloomberg report on the FDIC’s recent policy update on bank mergers.

The Financial Crimes Enforcement Network sanctioned PM2BTC, a Russian virtual currency exchanger associated with Sergey Sergeevich Ivanov, as being a money-laundering concern in connection with illicit finance.

The challenges community bankers face—from compliance issues to cybersecurity and staffing concerns—require the industry to come together to amplify its voice and find solutions at ICBA LIVE 2025, according to a new ICBA blog post.

Community bankers voiced discontent with excessive regulatory burdens during an ICBA-advocated outreach meeting under the current Economic Growth and Regulatory Paperwork Reduction Act review.

The OCC said national banks, federal savings associations, and federal branches and agencies of foreign banks can close in areas of Alabama, Florida, Georgia, and Tennessee affected by Hurricane Helene.

Following this year’s 16th credit union acquisition of a community bank — which ties the record for most in a single year — ICBA continued its call for Congress to investigate credit union policies.

The current farm bill is not adequate to provide relief or safety nets for U.S. farmers, nor is it reflective of the current state of the farm economy, said Sen. Jerry Moran (R-Kan.), a lead sponsor of the ICBA-advocated ACRE Act (S. 2371/H.R. 3139).

The Consumer Financial Protection Bureau set up a webpage for public comment applications to become a recognized standard setter under the Personal Financial Data Rights Rule.

ICBA and other groups filed an appellate brief with the U.S. Court of Appeals for the 5th Circuit as part of their legal challenge to federal banking regulators’ Community Reinvestment Act final rule.

Sixty-two percent of institutions reported a rise in sophisticated fraud tactics, according to a new survey by the Center for Payments, Nacha, and ICBA.

ICBA recently issued a guide to help community bankers participate in the Economic Growth and Regulatory Paperwork Reduction Act review process launched by banking regulators this year.

With the federal banking agencies hosting a virtual outreach meeting this week under their latest Economic Growth and Regulatory Paperwork Reduction Act review, ICBA is hosting a briefing at 1 p.m. (Eastern time) today for bankers delivering oral comments.