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FDIC board meeting this week on CRA reform proposal

May 3, 2022 | NewsWatch Today
The FDIC board of directors announced it will meet this week on a notice of proposed rulemaking on revising Community Reinvestment Act regulations. The board meeting is scheduled for 10 a.m. (Eastern time) this Thursday, May 5.

ICBA Capital Summit underway in Washington

May 2, 2022 | NewsWatch Today
The 2022 ICBA Capital Summit is underway in Washington, with community bankers advocating key issues in the nation’s capital and from back home.

ICBA updates ILC loophole white paper

May 2, 2022 | NewsWatch Today
Ahead of this week’s Capital Summit, ICBA updated its white paper detailing why policymakers should close a legal loophole that allows industrial loan companies and their parent companies to skirt regulatory oversight.

New ICBA podcast: why cybersecurity goes beyond IT

Apr 28, 2022 | NewsWatch Today
The latest episode of ICBA’s Communities of Innovation podcast focuses on why cybersecurity is no longer simply an IT issue for community banks.

Hsu calls for stablecoin standard-setting initiative

Apr 28, 2022 | NewsWatch Today
Acting Comptroller of the Currency Michael Hsu issued a statement calling for a joint effort to develop standards for stablecoin interoperability.

FDIC names new community bank committee members

Apr 28, 2022 | NewsWatch Today
ICBA congratulates the new members of the FDIC Advisory Committee on Community Banking, which provides advice and recommendations to the agency.

Chopra pledges to engage community banks in Senate testimony

Apr 27, 2022 | NewsWatch Today
Consumer Financial Protection Bureau Director Rohit Chopra told Congress that engaging community banks is one of his key priorities as head of the agency.

Senate approves Brainard for Fed vice chair

Apr 27, 2022 | NewsWatch Today
The Senate voted 52-43 to approve Federal Reserve Governor Lael Brainard’s nomination for Fed vice chair.

OCC penalizes converted crypto bank

Apr 22, 2022 | NewsWatch Today
The OCC issued a consent order against Anchorage Digital Bank, one of the first crypto firms to receive conditional approval for a national trust charter.

Deadline today for Capital Summit registration

Apr 22, 2022 | NewsWatch Today
The deadline to register for the 2022 ICBA Capital Summit is today, April 22. The industry’s premier advocacy event is scheduled for May 1-4 in Washington, D.C.

ICBA offers Small Business Week custom resources

Apr 20, 2022 | NewsWatch Today
ICBA released customizable resources community bankers can use to commemorate Small Business Week, which is scheduled for May 2-6.

CFPB report on rural challenges doesn’t account for reg burden

Apr 20, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau issued a report on the challenges faced by Americans in rural communities.