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Coming soon: Analysis of 2024 election impact on community banking

Nov 6, 2024 | NewsWatch Today
With Election Day 2024 in the books, ICBA will release an analysis of the pending election results and their impact on community banks.

FDIC to unveil online tool to promote creation of minority banks

Nov 6, 2024 | NewsWatch Today
The FDIC announced that today it will introduce an online tool to help financial institutions, investors, and other interested groups to identify neighborhoods that could benefit from banking services.

ICBA matches $25k donation for Hurricane Relief Fund

Nov 6, 2024 | NewsWatch Today
The ICBA Foundation’s Hurricane Relief Fund—which is dedicated to supporting community bankers, their employees, and communities—continues to grow with generous support, including a $25,000 match from ICBA.

New op-ed: Don't fix what isn't broken at Federal Home Loan Banks

Nov 4, 2024 | NewsWatch Today
The Federal Housing Finance Agency’s regulatory crackdown on the Federal Home Loan Banks threatens the housing finance system at a time of high prices and limited supply, ICBA wrote in a new op-ed.

Former NCUA official profiles rogue credit union

Nov 4, 2024 | NewsWatch Today
A new blog post spotlights a growth-focused credit union that has rapidly expanded its footprint and obscured its declining net worth by acquiring smaller credit unions and issuing subordinated debt.

Federal working group designed to boost CDFI access to capital

Nov 4, 2024 | NewsWatch Today
The Community Development Financial Institutions Fund and the Federal Housing Finance Agency announced the formation of a working group to increase capital for affordable housing lending from the Federal Home Loan Banks.

ICBA: Credit union penalty exemplifies consumer impact of lagging oversight

Nov 1, 2024 | NewsWatch Today
ICBA said a new regulatory action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system exemplifies the risks posed by lagging credit union regulation.

ICBA calls for additional EGRPRA outreach meetings

Nov 1, 2024 | NewsWatch Today
ICBA commended the federal banking agencies for hosting a virtual community banker outreach meeting under their current regulatory review and called for at least three more meetings.

ICBA: Agencies should publish supervisory highlights on bank-fintech partnerships

Oct 31, 2024 | NewsWatch Today
To counteract “regulation through enforcement,” ICBA urged federal banking regulators to periodically publish supervisory highlights on key examination findings related to bank-fintech partnerships, similar to the Consumer Financial Protection Bureau’s.

FSB concerned about lack of stablecoin regulation

Oct 31, 2024 | NewsWatch Today
The Financial Stability Board reiterated its calls for countries to regulate stablecoins due to concerns about users losing confidence in stablecoins, which could lead to runs on issuers.

Task force updates AML-deficiency jurisdiction list

Oct 31, 2024 | NewsWatch Today
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its lists of jurisdictions with AML deficiencies.

Blog: ICBA Payments entering a new era

Oct 30, 2024 | NewsWatch Today
ICBA Payments has a 40-year history of innovation and growth with a successful brand, steady business, and loyal clients—but it’s time for a transformation, according to a new blog post.