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ICBA Community surpasses 1,200 members

Aug 16, 2023 | NewsWatch Today
ICBA Community continues to expand with more than 1,200 members and hundreds of conversations on a range of issues poised to shape the future of the community banking industry.

CFPB to propose rules governing data broker practices

Aug 16, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau will propose new rules to prevent the misuse and abuse of consumer information collected by credit reporting companies and other data brokers.

Report: Credit card routing bill would cost consumers $11B in rewards

Aug 14, 2023 | NewsWatch Today
ICBA-opposed legislation to impose credit card routing restrictions would cost credit card users $11 billion in annual rewards, according to a new report from the Electronic Payments Coalition.

Custodia Bank launches in certain states

Aug 14, 2023 | NewsWatch Today
Special-purpose depository institution Custodia Bank said it has officially launched in certain states to serve U.S.-based business customers.

Bittrex to pay $24M to settle SEC exchange allegations

Aug 14, 2023 | NewsWatch Today
The Securities and Exchange Commission said crypto asset trading platform Bittrex Inc. and its former CEO, William Shihara, agreed to settle charges that they operated an unregistered national securities exchange, broker, and clearing agency.

Credit union acquisition of Ill. community bank will not close

Aug 14, 2023 | NewsWatch Today
A planned credit union acquisition of a community bank in Illinois will not go through, according to S&P Global.

Fed hosting FedNow town hall this month

Aug 11, 2023 | NewsWatch Today
The Federal Reserve said it is hosting a town hall meeting this month on the FedNow Service.

Agencies request feedback on secure open-source software

Aug 11, 2023 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency and other agencies issued a request for information on areas for prioritization to secure open-source software.

ICBA ThinkTECH Accelerator director profiled by BankBeat

Aug 11, 2023 | NewsWatch Today
ICBA ThinkTECH Accelerator Director Stephanie Foster, who joined ICBA in January to help plan and execute ICBA’s award-winning program, is the subject of a new profile in BankBeat.

ICBA releases updated guide for August recess meetings

Aug 9, 2023 | NewsWatch Today
ICBA released an updated version of its “Meetings on Main Street” guide to help community bankers host members of Congress during the August congressional recess.

ICBA request for 1071 relief makes headlines

Aug 9, 2023 | NewsWatch Today
ICBA’s actions to challenge the Consumer Financial Protection Bureau's Section 1071 final rule and seek injunctive relief for community banks is making headlines.

FHFA responds to ICBA concerns with new credit score models

Aug 9, 2023 | NewsWatch Today
The Federal Housing Finance Agency said it is considering adjustments to its plan for transitioning Fannie Mae and Freddie Mac to new credit score models following outreach from ICBA and other groups.