With auto company Stellantis last week applying to form an industrial loan company in Utah, the number of pending ILC applications now stands at three.
A new op-ed from Community Bankers Association of Illinois Chairman David Stanton calls on policymakers to tax credit unions like every other business in the state.
Following a court decision, the Financial Crimes Enforcement Network announced that beneficial ownership information reporting requirements are back in effect, with a new deadline of March 21 for most companies.
President Donald Trump issued an executive order requiring independent agencies to submit rules to the White House before publishing them in the Federal Register.
Acting Comptroller of the Currency Rodney Hood said he wants to revisit how credit unions affect regulatory reviews of bank mergers, as advocated by ICBA.
Farm and rural groups joined ICBA in urging the new leaders of the Agriculture Department and Office of Management and Budget to protect crop insurance from harmful cuts that would undermine U.S. farmers and ranchers and rural economies.
After the Federal Reserve delayed the Fedwire Funds Service’s conversion to the ISO 20022 message format until July 14, a new ICBA blog post spotlights resources to help community banks prepare.
ICBA expressed support for a new congressional effort to invalidate the Consumer Financial Protection Bureau’s final rule on overdraft protection programs, saying it is a deeply flawed and harmful rule.
