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Senate hearing today on Fed nominees

Feb 3, 2022 | NewsWatch Today
The Senate Banking Committee is scheduled to meet at 8:45 a.m. (Eastern time) today, Feb. 3, for a hearing on President Joe Biden’s three nominations to fill openings on the Federal Reserve Board.

FDIC expands #GetBanked campaign

Feb 3, 2022 | NewsWatch Today
The FDIC announced it will expand its #GetBanked public awareness campaign into the Los Angeles, Dallas, and Detroit metro areas after launching it last year in Atlanta and Houston.

Postal commission indicates banking pilot violated law

Feb 2, 2022 | NewsWatch Today
The Postal Regulatory Commission is pressing the U.S. Postal Service on why it didn’t seek the commission’s approval before launching an ICBA-opposed postal banking pilot program last year.

ICBA, groups to Fed: Reconsider interchange proposal

Feb 2, 2022 | NewsWatch Today
ICBA and other groups called on the Federal Reserve Board to reconsider its proposal to reopen regulations governing debit card interchange fees and routing.

Credit union debt offering bolsters oversight push

Feb 2, 2022 | NewsWatch Today
A new rule that allows private institutional investors to exploit credit union tax subsidies is yet another reason for Congress to investigate credit union policies, ICBA President and CEO Rebeca Romero Rainey wrote this week in a new op-ed.

Credit union debt offering bolsters need for oversight: op-ed

Feb 1, 2022 | NewsWatch Today
A new rule that allows private institutional investors to exploit credit union tax subsidies is yet another reason for Congress to investigate credit union policies, ICBA President and CEO Rebeca Romero Rainey writes in a new op-ed.

FS-ISAC spotlights threats to smaller institutions

Feb 1, 2022 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report focuses on growing cybersecurity risks to small and minority-led financial institutions.

New ICBA podcast covers finding, keeping talent

Jan 28, 2022 | NewsWatch Today
The latest episode of ICBA’s Communities of Innovation podcast focuses on recruiting and retaining top bank talent in today’s competitive job market.

Fed issues expected FedNow pricing approach

Jan 28, 2022 | NewsWatch Today
The Federal Reserve released its anticipated pricing approach for its FedNow instant payments service ahead of next year’s launch.

ICBA-CISA launching series of cybersecurity exercises

Jan 26, 2022 | NewsWatch Today
ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a first-of-its-kind series of exercises in February and May to support community bank cybersecurity.

ThinkTECH Accelerator cohort increasingly competitive: blog

Jan 26, 2022 | NewsWatch Today
The ICBA ThinkTECH Accelerator cohort continues to demonstrate an increasing understanding of community banking and their challenges and opportunities, ICBA’s Charles Potts writes in a new blog post.

FinCEN proposes SAR-sharing pilot program

Jan 25, 2022 | NewsWatch Today
The Financial Crimes Enforcement Network proposed establishing a limited-duration pilot program for sharing suspicious activity reports, in accordance with Section 6212 of the Anti-Money Laundering Act of 2020.