NewsWatch Today

The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by a recent series of deadly wildfires on the Hawaiian island of Maui.

The U.S. District Court for the Southern District of Texas granted a request by ICBA, the Independent Bankers Association of Texas (IBAT), and Texas First Bank to intervene in the TBA v. CFPB case challenging the 1071 rule, a key procedural development.

ICBA Community continues to expand with more than 1,200 members and hundreds of conversations on a range of issues poised to shape the future of the community banking industry.

The Consumer Financial Protection Bureau will propose new rules to prevent the misuse and abuse of consumer information collected by credit reporting companies and other data brokers.

ICBA-opposed legislation to impose credit card routing restrictions would cost credit card users $11 billion in annual rewards, according to a new report from the Electronic Payments Coalition.

Special-purpose depository institution Custodia Bank said it has officially launched in certain states to serve U.S.-based business customers.

The Securities and Exchange Commission said crypto asset trading platform Bittrex Inc. and its former CEO, William Shihara, agreed to settle charges that they operated an unregistered national securities exchange, broker, and clearing agency.

A planned credit union acquisition of a community bank in Illinois will not go through, according to S&P Global.

The Federal Reserve said it is hosting a town hall meeting this month on the FedNow Service.

The Cybersecurity and Infrastructure Security Agency and other agencies issued a request for information on areas for prioritization to secure open-source software.

ICBA ThinkTECH Accelerator Director Stephanie Foster, who joined ICBA in January to help plan and execute ICBA’s award-winning program, is the subject of a new profile in BankBeat.

ICBA released an updated version of its “Meetings on Main Street” guide to help community bankers host members of Congress during the August congressional recess.