Newsroom Graphic

NewsWatch Today

ICBA urging community banker comment letters on FDIC assessment proposal

Jul 10, 2023 | NewsWatch Today
ICBA is calling on community bankers to send individual comment letters to the FDIC to support the agency’s proposal to exempt community banks under $5 billion in assets from its proposed special assessment.

ICBA to CFPB: Guidance on abusive conduct doesn’t acknowledge other regulations

Jul 7, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau’s policy statement that explains the legal prohibition on abusive conduct in consumer financial markets fails to acknowledge the myriad rules and regulations that apply to insured depository institutions, ICBA said.

N.Y. Fed says digital ledgers feasible for global payments

Jul 7, 2023 | NewsWatch Today
The Federal Reserve Bank of New York Innovation Center released reports on its research into an interoperable network for wholesale payments using a distributed ledger shared by multiple entities.

ICBA, groups support permanent Sub S tax deduction

Jul 7, 2023 | NewsWatch Today
ICBA and other groups expressed support for legislation to make permanent the 20% Section 199A deduction for small and individually owned businesses.

New ICBA podcast features ‘40 Under 40’ emerging leaders

Jul 6, 2023 | NewsWatch Today
The latest episode of ICBA’s “Independent Banker” podcast features an interview with community bankers showcased in Independent Banker magazine’s "40 Under 40" list of emerging community bank leaders.

Fed minutes: More rate hikes this year

Jul 6, 2023 | NewsWatch Today
Nearly every member of the Federal Reserve’s rate-setting body said additional interest rate increases would be appropriate in 2023, according to the minutes of last month’s meeting.

CFPB hearing targeting medical billing

Jul 6, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau said it will host a hearing next week on medical billing and collections issues, including medical credit cards and installment loans.

Independent Banker features top lenders for 2023

Jul 5, 2023 | NewsWatch Today
ICBA's Independent Banker magazine announced in the July issue its rankings of the top community bank loan producers based on 2022 FDIC data.

ICBA continuing grassroots campaigns

Jul 5, 2023 | NewsWatch Today
ICBA continues calling on community bankers to use its Be Heard grassroots resource center to urge their members of Congress to oppose legislation to impose routing mandates on credit card transactions.

Best Community Banks to Work For nominations due this week

Jul 5, 2023 | NewsWatch Today
Nominations for Independent Banker magazine’s 2023 Best Community Banks to Work For awards are due this week.

CFPB accepting Community Bank Advisory Council applications

Jul 3, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau is now accepting applications for membership on the Community Bank Advisory Council and other advisory committees through July 16.

CFPB signals focus on AI in loan underwriting

Jul 3, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau indicated it will focus on the use of artificial intelligence in loan underwriting and will take enforcement action if algorithmic underwriting models create a disparate impact on borrowers.