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ICBA: Credit union tax subsidies continue driving record-high acquisitions

Oct 10, 2024 | NewsWatch Today
Following the 18th credit union acquisition of a community bank this year—and the fifth in Washington state—ICBA said Congress should address antiquated credit union policies.

ICBA raises relief funds, posts online resources

Oct 10, 2024 | NewsWatch Today
The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.

Fed’s Jefferson encourages input on discount window

Oct 10, 2024 | NewsWatch Today
Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.

Independent Banker highlights cybersecurity role for generative AI

Oct 9, 2024 | NewsWatch Today
Generative artificial intelligence could help community banks identify potentially fraudulent activity and security flaws, according to the latest Independent Banker magazine.

FDIC extends comment period for brokered deposit proposal

Oct 9, 2024 | NewsWatch Today
The FDIC extended the comment period on its proposed rule on brokered deposits from Oct. 22 to Nov. 21.

FDIC extends comment period on deposits RFI

Oct 9, 2024 | NewsWatch Today
The FDIC extended until Dec. 6 the comment period on its request for information on deposits, as advocated by ICBA.

ICBA encouraging Payments Video Challenge promotion

Oct 8, 2024 | NewsWatch Today
ICBA is encouraging community bankers to spread the word about the Payments Innovation Alliance’s Payment Video Challenge to raise awareness of financial scams.

ICBA supports adoption of changes to Nacha rules

Oct 8, 2024 | NewsWatch Today
ICBA expressed support for a Bureau of the Fiscal Service proposal to adopt the 2022, 2023, and 2024 amendments to the Nacha rules.

OCC: Banks affected by Hurricane Milton can close

Oct 8, 2024 | NewsWatch Today
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida affected by Hurricane Milton.

Independent Banker shares tips for a successful core conversion

Oct 7, 2024 | NewsWatch Today
Core conversions can be challenging for community banks but there are ways to make the process painless, according to the latest Independent Banker magazine.

Agencies adjust regulatory thresholds

Oct 7, 2024 | NewsWatch Today
Federal regulators announced 2025 updates to key regulatory thresholds.

ICBA Foundation raising funds for Hurricane Helene relief

Oct 7, 2024 | NewsWatch Today
The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.