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After latest credit union acquisition, ICBA says policymakers must act

Jan 2, 2025 | NewsWatch Today
The record-extending 22nd credit union acquisition of a community bank in 2024 demands a response from policymakers, ICBA said following the announcement of the latest deal.

Latest beneficial ownership update: Companies not required to file

Jan 2, 2025 | NewsWatch Today
The Financial Crimes Enforcement Network announced that, in light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information, or BOI.

ICBA encourages grassroots calls on farm aid package

Dec 20, 2024 | NewsWatch Today
ICBA is urging community bankers to call their members of Congress to urge inclusion of an emergency farm aid package in a final funding bill when Congress approves a continuing resolution, or CR.

’80s-themed ICBA PAC auction set for ICBA LIVE

Dec 20, 2024 | NewsWatch Today
ICBA PAC is hosting its 36th Annual Auction Fundraiser on Wednesday, March 12, during ICBA LIVE in Nashville. Tickets for the ’80s-themed event go on sale Friday, Jan. 3.

Agencies adjust CRA asset thresholds

Dec 20, 2024 | NewsWatch Today
Federal regulators announced the 2025 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.

ICBA urging congressional outreach on spending package’s farm provisions

Dec 19, 2024 | NewsWatch Today
ICBA is calling on community bankers to contact their members of Congress and urge support for including a farm bill extension and farm aid package in a pending end-of-year funding bill.

Fed cuts rates by 25 basis points

Dec 19, 2024 | NewsWatch Today
The Federal Open Market Committee voted to cut target interest rates by 25 basis points due to an easing labor market and inflation moving toward its 2% goal.

CFPB targets credit card reward programs

Dec 19, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued a circular warning that some credit card companies operating rewards programs may be breaking the law.

ICBA applauds farm aid package, farm bill extension

Dec 18, 2024 | NewsWatch Today
ICBA applauded the initial inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution before Congress.

ICBA-advocated trigger leads bill passes Senate

Dec 18, 2024 | NewsWatch Today
ICBA-advocated legislation that would protect the financial privacy of mortgage applicants passed the Senate by unanimous consent.

Romero Rainey: Credit unions should pay taxes—period

Dec 18, 2024 | NewsWatch Today
Credit unions should pay taxes, as The Wall Street Journal rightly pointed out in a recent editorial, ICBA President and CEO Rebeca Romero Rainey said in a LinkedIn post.

ICBA urges Congress to pass emergency farm aid

Dec 17, 2024 | NewsWatch Today
ICBA called on Congress to pass a farm bill extension and a farm aid package in addition to assisting citizens recovering from weather-related disasters.