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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.

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N.Y. banking agency issues crypto guidance

The New York Department of Financial Services released guidance for New York-regulated banking organizations that wish to engage in virtual currency-related activities.
December 16, 2022 | ICBA NewsWatch Today   Compliance 

ICBA op-ed: FDIC should draw down assessment rate increase

With the Federal Reserve's interest rate hikes hastening the normalization of deposits, the FDIC should respond by quickly drawing down its assessment rate increase, ICBA Chairman Brad Bolton wrote in a new op-ed.
December 13, 2022 | ICBA NewsWatch Today  

FS-ISAC spotlights Cuba ransomware, smash-and-grab mitigation

The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary spotlights the recent Joint Cybersecurity Advisory on Cuba ransomware variants.
December 13, 2022 | ICBA NewsWatch Today   Cybersecurity Technology 

New ICBA Polling Shows Consumer Opposition to Bill That Would End Credit Card Rewards Programs

As Congress considers controversial legislation to apply routing restrictions to credit card transactions — which would end popular credit card rewards programs — the Independent Community Bankers of America released new polling conducted by Morning Consult indicating consumers oppose the policy change.
December 13, 2022 | Press Release   Credit Cards 

Grassroots needed on cannabis banking, Durbin Amendment

While the National Defense Authorization Act excludes ICBA-advocated cannabis banking legislation and ICBA-opposed language to expand the Durbin Amendment, the debate over both initiatives continues.
December 13, 2022 | ICBA NewsWatch Today   Cannabis banking Lending 

CFPB: TILA doesn’t preempt N.Y. disclosure law

The Consumer Financial Protection Bureau issued a preliminary determination that the Truth in Lending Act does not preempt a New York state law requiring commercial financing disclosures.
December 09, 2022 | ICBA NewsWatch Today   Compliance 

ICBA urges passage of new Senate bill to close ILC loophole

ICBA expressed strong support for the introduction of Senate legislation to close the industrial loan company loophole.
December 07, 2022 | ICBA NewsWatch Today   Lending 

ICBA’s Romero Rainey, Merski Again Named  Top Lobbyists by The Hill

ICBA President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski are featured on The Hill’s 2022 list of the top Washington advocates in the nation.
December 07, 2022 | Press Release   Advocacy Community Bank Awareness 

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