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FDIC issues new cease-and-desist letters on deposit insurance claims

Jun 16, 2023 | NewsWatch Today
The FDIC issued a new series of letters demanding four nonbank entities cease making false or misleading representations about deposit insurance.

Grassroots continues on 1071, rural lending efforts

Jun 16, 2023 | NewsWatch Today
ICBA continues calling on community bankers to use its Be Heard grassroots resource center to urge their members of Congress to support resolutions and policies that affect community bankers across America.

Lawmakers press Chopra on 1071 rule in House hearing

Jun 15, 2023 | NewsWatch Today
Members of Congress continued to press Consumer Financial Protection Bureau Director Rohit Chopra on the bureau’s ICBA-opposed Section 1071 data-collection rule during a second day of hearings on Capitol Hill.

ICBA supports SEC proposal to include more crypto firms in ‘exchange’ definition

Jun 15, 2023 | NewsWatch Today
ICBA expressed support for a Securities and Exchange Commission proposal confirming that crypto exchanges must follow the same rules of the road as other entities that trade securities.

Compensation survey closes today

Jun 15, 2023 | NewsWatch Today
Today is the deadline to participate in the 2023 Crowe Financial Institutions Compensation and Benefits Survey.

OCC: Banks should be ‘on balls of their feet’ in monitoring risk

Jun 15, 2023 | NewsWatch Today
While the overall strength of the federal banking system is sound, banks should be “on the balls of their feet” regarding risk management, the OCC said in its latest Semiannual Risk Perspective.

Chopra: CFPB to solicit 1033 comments in coming months

Jun 13, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau expects to seek comments on its pending rulemaking to establish standards for sharing consumer financial data in the coming months, CFPB Director Rohit Chopra said.

ICBA, groups urge Congress to oppose credit card routing mandates

Jun 12, 2023 | NewsWatch Today
ICBA and other groups called on congressional leaders to oppose newly reintroduced legislation to impose routing mandates on credit card transactions.

ICBA seeking candidates for panel on CFPB rulemaking

Jun 12, 2023 | NewsWatch Today
ICBA is seeking community bankers interested in joining a Small Business Regulatory Enforcement Fairness Act panel to weigh in on a Consumer Financial Protection Bureau rulemaking under the Fair Credit Reporting Act.

OCC seeking feedback on consumer trust in banking survey

Jun 12, 2023 | NewsWatch Today
The OCC released a request for information for its first-ever survey on consumer trust in banking and bank supervision.

ICBA seeking feedback on Nacha ACH risk management proposal

Jun 9, 2023 | NewsWatch Today
ICBA is seeking survey responses from member community bankers on the potential impact of nine Nacha proposals related to ACH risk management.

Agencies propose guidance on reconsiderations of value

Jun 9, 2023 | NewsWatch Today
Federal regulators requested public comment on proposed guidance addressing reconsiderations of value, or ROVs, for residential real estate transactions.