NewsWatch Today

Community banks are indispensable in providing access to financial products and services, especially in remote or rural areas, according to Federal Reserve Governor Michelle Bowman.

Community banks need to take formal actions to ensure discount window access, and bank management needs to understand the mechanics of discount window borrowing even if there is no immediate need for liquidity, according to the Federal Reserve.

Urgent congressional action is needed to preserve community banks and the communities that depend on them, ICBA President and CEO Rebeca Romero Rainey said.

Federal Reserve Governor Christopher Waller voiced concern about the risks from emerging payment technologies, especially non-banks and stablecoins.

Community banks saw weakened liquidity at the end of 2023 but had favorable asset quality and loan numbers, according to the latest FDIC podcast.

The Consumer Financial Protection Bureau updated its 2025 Small Business Lending Filing Instructions Guide.

The Internal Revenue Service announced it has formed a coalition with state tax agencies and the tax industry to combat the growth of scams and schemes threatening taxpayers and tax systems.

The FDIC published questions and answers related to its final rule governing the usage of official FDIC signs, advertising, name, logo, and more.

The ICBA-opposed trend of tax-exempt credit unions acquiring taxpaying community banks generated a new round of headlines.

Republican members of the House Financial Services Committee said the Consumer Financial Protection Bureau’s proposal to remove medical debt from credit reports will make health care more expensive for those who need it most.

Small-business owners doing their best to comply with beneficial ownership requirements should not lose sleep over the new reporting requirements, Financial Crimes Enforcement Network Deputy Director Jimmy Kirby said.

Credit unions use their tax-exempt status to weaken community banks and their capacity to meet the credit needs of local communities, according to a former credit union executive who now works for a community bank.