NewsWatch Today

The Financial Crimes Enforcement Network began accepting beneficial ownership information reports.

ICBA urged the Consumer Financial Protection Bureau to exempt certain community banks from proposed standards for sharing consumer financial data.

Tickets are now available for ICBA PAC’s 35th Annual Auction Fundraiser, which is scheduled for Saturday, March 16, during ICBA LIVE in Orlando.

Senate Banking Committee Chairman Sherrod Brown (D-Ohio) included ICBA-supported legislation to close the industrial loan company loophole in his list of priorities for the coming year.

The Treasury Department issued a request for information on its planned development of a national strategy for financial inclusion.

The Financial Crimes Enforcement Network issued a final rule that establishes the framework for access to and protection of beneficial ownership information.

The Treasury Department requested input on its planned development of a national strategy for financial inclusion.

Never has ICBA’s community bank-focused mission been more important than in 2023, ICBA President and CEO Rebeca Romero Rainey said this week in a message to the nation’s community bankers.

The Senate confirmed Tanya Otsuka to serve as a member of the National Credit Union Administration board. Otsuka replaces board member Rodney Hood, whose term expired in August.

ICBA expressed opposition to President Joe Biden’s veto of a bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule and called on Congress to override the veto.

The FDIC board of directors adopted a final rule to modernize rules governing the use of official FDIC signs and to clarify agency regulations on deposit insurance misrepresentations.

The FDIC board of directors approved the agency’s 2024 operating budget while citing the disproportionate cost of overseeing the largest and riskiest banks.