Compliance News

In today’s banking environment as soon as one big new regulation is implemented another pops up. Our compliance resources help your community bank stay one step ahead of the regulators.

Regulations and Guidance
Feb 23, 2022 | NewsWatch Today
OCC issues FAQs on CRA rescission

The OCC issued responses to frequently asked questions about its December 2021 final rule that rescinded its June 2020 Community Reinvestment Act rule and reinstated the 1995 interagency CRA rule.

Feb 16, 2022 | Press Release
ICBA Backs Bills to Tailor CFPB’s 1071 Reporting Rule

ICBA today expressed support for three House bills to mitigate the negative impact of a Consumer Financial Protection Bureau proposal implementing new data collection and reporting requirements for small-business loans.

Feb 11, 2022 | NewsWatch Today
CFPB: Banks already changing overdraft policies

The Consumer Financial Protection Bureau said there has been a “notable trend” of banks changing overdraft programs as the bureau begins targeting overdraft and non-sufficient fund fees.

Jan 20, 2022 | NewsWatch Today
CFPB study: Depositories lead on supplier diversity

A Consumer Financial Protection Bureau study on diversity and inclusion in the financial services sector found depository lenders had the strongest showing in the area of supplier diversity.

Jan 18, 2022 | NewsWatch Today
CFPB announces settlement on consumer task force

The Consumer Financial Protection Bureau settled a lawsuit alleging that its Taskforce on Federal Consumer Financial Law did not comply with the Federal Advisory Committee Act.

Jan 10, 2022 | NewsWatch Today
FDIC releases call report materials

The FDIC released materials pertaining to call reports for the Dec. 31, 2021, report date, which are generally due by Sunday, Jan. 30.

Jan 6, 2022 | Press Release
ICBA Urges CFPB to Expand Exemptions from 1071 Reporting Rules

ICBA today called on the Consumer Financial Protection Bureau to exempt more community banks and small businesses from its proposal to implement new small-business loan data collection and reporting requirements.

Jan 6, 2022 | NewsWatch Today
CFPB: Credit bureaus top consumer complaints

More than half of all consumer complaints received by the Consumer Financial Protection Bureau from January 2020 through September 2021 were directed at Equifax, Experian, and TransUnion, the bureau said.

Do you have further compliance questions?

Note: ICBA members can access an additional 2,500 compliance Q&As in ICBA's Compliance Vault