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Hsu: CRA update supports MDIs, CDFIs

Jun 10, 2022 | NewsWatch Today
The proposed update to Community Reinvestment Act regulations incentivizes banks to support minority depository institutions and community development financial institutions, Acting Comptroller of the Currency Michael Hsu said.

ICBA continues blog series on stablecoin collapse

Jun 10, 2022 | NewsWatch Today
ICBA continued its new series of blog posts on the collapse of the TerraUSD stablecoin and its broader impact.

ICBA leading push on ILC, overdraft, credit union bills

Jun 9, 2022 | NewsWatch Today
With several key community banking policy issues coming up for a vote in the coming days, ICBA is urging community bankers to speak out while it engages lawmakers in Washington.

ICBA, state associations urge passage of cannabis safe harbor

Jun 9, 2022 | NewsWatch Today
ICBA and a coalition of 44 state community banking associations urged Congress to include a cannabis banking safe harbor in the America COMPETES Act conference report.

CFPB terminates Upstart no-action letter

Jun 9, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau said it terminated Upstart Network from its list of approved “no-action letters” at Upstart’s request.

ICBA: FDIC framework could pose unintended consequences for community businesses

Jun 6, 2022 | NewsWatch Today
ICBA wrote to the FDIC to share its concerns with the agency’s proposed climate risk management framework for large banks, which could limit and discourage financial institutions from doing otherwise lawful business with climate-disfavored industries.

Grassroots push on credit union bill continues

Jun 6, 2022 | NewsWatch Today
ICBA continues calling on community bankers to urge their lawmakers to oppose legislation that would expand credit unions’ fields of membership and commercial lending powers.

Blog: Expanding interchange price control puts fraud protections at risk

Jun 6, 2022 | NewsWatch Today
Misguided efforts by “big box” merchants seeking to extend debit card interchange price controls to the credit card market jeopardize investments in protections and security that defend cardholders from criminal activity and undermine trust in the banking system, writes ICBA’s Deborah Matthews Phillips in a new blog post.

ICBA, state groups express concerns over climate risk management framework

Jun 3, 2022 | NewsWatch Today
ICBA and 44 state banking groups wrote to the FDIC to express concerns that the agency’s proposed climate risk management framework for large banks could “choke off” lawful but climate-disfavored industries from the banking system.

FDIC climate comment letters due today

Jun 3, 2022 | NewsWatch Today
Today is the deadline for community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

Compensation survey deadline extended

Jun 3, 2022 | NewsWatch Today
The deadline to participate in the 2022 Crowe Financial Institutions Compensation and Benefits Survey has been extended to June 10.

FDIC climate comment letters due this week

May 31, 2022 | NewsWatch Today
Community bankers have until this Friday, June 3, to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.