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NewsWatch Today

Virtual seminar on analyzing financial statements tomorrow

Jun 11, 2024 | NewsWatch Today
ICBA is hosting a virtual seminar on financial statements starting at 10 a.m. (Eastern time) tomorrow.

Podcast: Banking Transformed

Jun 11, 2024 | NewsWatch Today
A new episode of the Banking Transformed podcast from ICBA Preferred Service Provider MeridianLink shares actionable insights to boost bank' growth, efficiency, and customer experience.

Credit union bank acquisitions break record halfway through 2024

Jun 10, 2024 | NewsWatch Today
ICBA-opposed credit union acquisitions of taxpaying community banks have reached an annual record less than halfway through the year, according to a new report.

FDIC, CFPB hearings this week

Jun 10, 2024 | NewsWatch Today
A look at some of the hearings taking place this week that are relevant to community bankers.

CFPB launches review of mortgage closing fees

May 31, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau launched a public inquiry into what is driving an increase in mortgage closing costs.

Latest Bank Acquisition by Tax-Exempt Credit Union Shows Need for Expansive Congressional Action

May 31, 2024 | NewsWatch Today
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after the latest acquisition of a tax-paying bank by a tax-exempt credit union.

Community bank net income rises in Q1

May 30, 2024 | NewsWatch Today
Community bank net income rose 6.1% in the first quarter but remained down 13.9% from a year ago, according to the FDIC’s latest Quarterly Banking Profile.

CFPB: Reg E wire transfer exemption doesn’t apply to online transactions

May 30, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau argued in a court filing that online-initiated wire transfers are subject to the Electronic Fund Transfer Act and Regulation E, even though the law exempts transfers made by banks “by means of” a wire service.

SEC warns investors about crypto fraud

May 30, 2024 | NewsWatch Today
The Securities and Exchange Commission issued an investor alert on how fraudsters use cryptoassets to lure victims and hide their identities, which makes recovering stolen funds more difficult.

Treasury issues risk assessment on NFTs

May 30, 2024 | NewsWatch Today
The Treasury Department published its first risk assessment on non-fungible tokens.

CFPB rule says BNPL lenders are credit card providers

May 23, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued an interpretive rule that says “buy now, pay later” lenders are credit card providers.

ICBA issues new guide for members on check fraud

May 22, 2024 | NewsWatch Today
ICBA released a community banker guide to check fraud as part of its ongoing effort to address the growing problem.