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ICBA remembers Past Chairman Bill McQuillan

Dec 12, 2024 | NewsWatch Today
ICBA Past Chairman William "Bill" Leo McQuillan died in Lakewood, Colo., on Dec. 4 at the age of 76. The former president and CEO of City National Bank in Greeley, Neb., served as Nebraska Independent Community Bankers chairman in 1988-1989 and ICBA chairman in 1998-1999.

Wall Street Journal editorial: Tax credit unions

Dec 12, 2024 | NewsWatch Today
Northwest Federal Credit Union’s stadium naming-rights deal with the Washington Commanders points to the need for the federal government to tax credit unions, according to a new Wall Street Journal column.

OCC’s Hsu lauds ICBA check fraud efforts

Dec 12, 2024 | NewsWatch Today
ICBA and many banks are going the extra mile to fight fraud, but banks and industry trade groups cannot effectively address fraud all by themselves, Acting Comptroller of the Currency Michael Hsu said.

ICBA tells Fed to improve discount window, protect FHLBs

Dec 11, 2024 | NewsWatch Today
The Federal Reserve should embrace technology to improve its discount window and preserve the role of the Federal Home Loan Banks in providing liquidity, ICBA told the agency.

FDIC board to discuss budget, AML, bank capital

Dec 11, 2024 | NewsWatch Today
The FDIC announced that its board of directors is scheduled to meet at 10 a.m. (Eastern time) Tuesday, Dec. 17.

’80s-themed ICBA PAC auction set for ICBA LIVE

Dec 11, 2024 | NewsWatch Today
ICBA PAC is hosting its 36th Annual Auction Fundraiser on Wednesday, March 12, during ICBA LIVE in Nashville. Tickets for the ’80s-themed event go on sale Friday, Jan. 3.

CFPB’s credit card late fee rule shot down

Dec 10, 2024 | NewsWatch Today
A federal judge upheld an order blocking the Consumer Financial Protection Bureau’s $8 cap on credit card late fees.

CFPB seeks input for rulemaking on domestic violence, elder abuse

Dec 10, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau launched a rulemaking to address the effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse.

Fed clarifies account access guidelines

Dec 10, 2024 | NewsWatch Today
The Federal Reserve provided a technical clarification that its account access guidelines also apply to excess balance accounts.

ICBA’s Romero Rainey, Merski recognized as top lobbyists

Dec 9, 2024 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey and Group Executive Vice President of Congressional Relations and Strategy Paul Merski were featured on The Hill’s 2024 list of the nation’s top lobbyists.

Independent Banker shares top compliance issues of 2024

Dec 9, 2024 | NewsWatch Today
Guidance and proposed rules from regulatory agencies this year kept community banks on their toes, according to the latest Independent Banker magazine.

Report: Banking system is sound but faces challenges

Dec 9, 2024 | NewsWatch Today
The U.S. banking system remains resilient—supported by sound levels of regulatory capital, adequate liquidity buffers, and healthy levels of profitability—but the industry must address emerging vulnerabilities, according to the Financial Stability Oversight Council’s 2024 annual report.