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Bolton: Tax-subsidized credit union acquisitions demand Washington response

Mar 18, 2022 | NewsWatch Today
The resurgence of tax-exempt credit union acquisitions of community banks during the first part of 2022 is posing new threats to underserved communities, ICBA Chairman Brad Bolton writes in a new op-ed on LinkedIn.

Bolton: Tax-subsidized credit union acquisitions demand Washington response

Mar 17, 2022 | NewsWatch Today
The resurgence of tax-exempt credit union acquisitions of community banks during the first part of 2022 is posing new threats to underserved communities, ICBA Chairman Brad Bolton writes in a new op-ed on LinkedIn.

CFPB expands anti-discrimination oversight under UDAAP authority

Mar 17, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau said it is expanding its “anti-discrimination efforts” beyond credit products to counter discriminatory practices “across the board in consumer finance.”

ICBA testifying today on PPP, other SBA programs

Mar 16, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) today on community bank leadership in lending under the Paycheck Protection Program and other Small Business Administration programs.

Biden signs omnibus with ICBA-advocated fixes

Mar 16, 2022 | NewsWatch Today
President Joe Biden formally signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.

FDIC rescinds pandemic-era Part 363 reporting relief

Mar 16, 2022 | NewsWatch Today
The FDIC rescinded guidance providing coronavirus-affected financial institutions extra time to file annual reports under Part 363 of the agency's regulations.

Raskin withdraws Fed nomination

Mar 16, 2022 | NewsWatch Today
Former Federal Reserve Governor Sarah Bloom Raskin withdrew her nomination for Fed vice chair for supervision.

ICBA testifying tomorrow on PPP

Mar 15, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) tomorrow, March 16, on community bank leadership in Paycheck Protection Program lending.

CFPB encourages Homeowner Assistance Fund participation

Mar 15, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau encouraged mortgage servicers to sign up for Homeowner Assistance Fund programs to help homeowners avoid foreclosure.

ICBA toolkit offers National Ag Week materials

Mar 14, 2022 | NewsWatch Today
With National Agriculture Day and Week set for next week, ICBA is offering customizable materials community banks can use to celebrate!

FS-ISAC: Global cyber threats to accelerate

Mar 14, 2022 | NewsWatch Today
FS-ISAC said the rapid digitization of the financial services sector has led to an increase in global cyber threats in 2021, specifically cyberattacks targeting third-party suppliers and critical zero-day vulnerabilities.

Omnibus with ICBA-advocated fixes signed into law

Mar 14, 2022 | NewsWatch Today
President Joe Biden signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.