NewsWatch Today

ICBA’s ThinkTECH Solutions Forum: Data is scheduled for noon (Eastern time) today. Community bankers can attend live or get the recording. Registration is free for ICBA members.

ICBA updated its “Advocacy in Action” government relations dashboard for the fourth quarter with the latest community banking advocacy successes and priorities.

ICBA and state community banking associations told the Federal Housing Finance Agency that its recent Advisory Bulletin to the FHLBanks regarding credit risk management expectations for member institutions lacked both clarity and statutory authority.

As lawmakers continue to debate a regulatory framework for stablecoins, the latest Independent Banker magazine highlights how ICBA remains engaged to ensure that policymakers address the concerns of community banks.

Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision.

The agencies issued three annual threshold adjustment final rules, effective Jan. 1.

ICBA expressed support for an FDIC proposed rule that would enhance oversight of industrial loan companies.

ICBA’s Check Fraud Task Force published a guide that explains the solutions available to community banks to detect instances of check fraud.

Federal Reserve Governor Michelle Bowman said regulatory disparities between community banks and nonbank providers—including credit unions—can have a distortive effect on competition.

ICBA’s Check Fraud Task Force published a guide that explains the solutions available to community banks to detect instances of check fraud.

ICBA told the federal banking agencies that their proposals to update anti-money-laundering and countering-the-financing-of-terrorism programs would create additional burdens on banks without any demonstrable benefit to combatting money laundering or terror financing.

The Justice Department announced that Citadel Federal Credit Union has agreed to pay more than $6.5 million to resolve allegations that it engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in and around Philadelphia.