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FDIC extends comment period for brokered deposit proposal

Oct 9, 2024 | NewsWatch Today
The FDIC extended the comment period on its proposed rule on brokered deposits from Oct. 22 to Nov. 21.

FDIC extends comment period on deposits RFI

Oct 9, 2024 | NewsWatch Today
The FDIC extended until Dec. 6 the comment period on its request for information on deposits, as advocated by ICBA.

ICBA encouraging Payments Video Challenge promotion

Oct 8, 2024 | NewsWatch Today
ICBA is encouraging community bankers to spread the word about the Payments Innovation Alliance’s Payment Video Challenge to raise awareness of financial scams.

ICBA supports adoption of changes to Nacha rules

Oct 8, 2024 | NewsWatch Today
ICBA expressed support for a Bureau of the Fiscal Service proposal to adopt the 2022, 2023, and 2024 amendments to the Nacha rules.

OCC: Banks affected by Hurricane Milton can close

Oct 8, 2024 | NewsWatch Today
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida affected by Hurricane Milton.

Independent Banker shares tips for a successful core conversion

Oct 7, 2024 | NewsWatch Today
Core conversions can be challenging for community banks but there are ways to make the process painless, according to the latest Independent Banker magazine.

Agencies adjust regulatory thresholds

Oct 7, 2024 | NewsWatch Today
Federal regulators announced 2025 updates to key regulatory thresholds.

ICBA Foundation raising funds for Hurricane Helene relief

Oct 7, 2024 | NewsWatch Today
The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.

ICBA Foundation raising funds for Hurricane Helene relief

Oct 4, 2024 | NewsWatch Today
The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.

ICBA: Record-setting 17th credit union acquisition requires response

Oct 4, 2024 | NewsWatch Today
Following this year’s 17th acquisition of a tax-paying community bank by a tax-exempt credit union—a new single-year record—ICBA repeated its call for policymakers to respond.

Swift to start live trials of digital asset transactions next year

Oct 4, 2024 | NewsWatch Today
Swift announced that banks and central banks across North America, Europe, and Asia in 2025 will be able to use its network to conduct pilot transactions in digital assets and central bank digital currencies.

New op-ed: Credit unions that act like big banks should be regulated like them

Oct 3, 2024 | NewsWatch Today
Members of Congress and the American public should consider why credit unions are acting like the nation’s largest banks while enjoying tax and regulatory advantages, according to a new MarketWatch opinion piece (subscription required).