PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years. have emerged to do.

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Community Bank Community FDIC Marketing 122

Independent Banker

FEBRUARY 16, 2015

While Washington often moves at a glacial pace, it recently came to life to enact reforms benefiting bank and thrift holding companies. These reforms—one enacted by Congress, another by regulators—are designed to improve access to capital and to even reporting requirements for community bank and thrift holding companies.

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Washington Community Bank Policies Community 70

Independent Banker

AUGUST 31, 2022

This month’s Independent Banker focuses on budgeting issues with a special emphasis on the ICBA National Community Bank Service Awards. With that two-pronged concentration, I can’t help but consider the connection between our role of service and the impact regulation can have on our very ability to serve. Where I’ll be this month.

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Community Bank Honolulu Community Georgia 163

American Banker

FEBRUARY 2, 2024

Brandon Milhorn, the new CEO of the Conference of State Banking Supervisors, used the platform offered by his first major speech to sound an alarm against one-size-fits-all solutions emanating from Washington. The pendulum has swung too far in the direction of federal regulatory uniformity," Milhorn argued.

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Washington Conference Community Bank Community 48

CFPB Monitor

NOVEMBER 6, 2023

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Rhode Island District of Columbia West Virginia Community 78

Independent Banker

SEPTEMBER 26, 2014

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Community Bankers Chosen as CFPB Advisors.

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Washington Fort Worth Regulation Community Bank 70

Independent Banker

DECEMBER 31, 2022

We simply need to remember what makes us special as community bankers, and with that as our foundation, we can embrace this season of change in four primary ways: 1. Demonstrating the community bank difference. That’s the community bank difference, and we should be proud to reiterate it throughout the year. My Top Three.

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Community Bank Community Hawaii Washington 218

Independent Banker

FEBRUARY 28, 2022

The ICBA Capital Summit is the premier event for community bankers looking to advocate for their industry. In person for the first time since 2019, the ICBA Capital Summit in Washington, D.C., Community bankers, pack your bags for Washington, D.C. Visiting a congressional office in Washington, D.C., and many more.

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Community Washington Community Bank Capital 180

Long Lasting Ideas

JUNE 8, 2016

Often in this space, we’ve written about how Washington has made community banks its personal punching bag. Sarbanes-Oxley, Dodd-Frank, the FDIC and other financial regulators – as well as Congress and the White House — have not been friendly to community banks, all while bailing out Wall Street big boys.

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Washington Community Bank Community Marketing Strategies 40

Finer Points

OCTOBER 6, 2014

A new report exposing the New York Fed’s coddling of Wall Street megabanks—particularly Goldman Sachs—is making waves in Washington. The ProPublica report exposes the New York Fed’s culture of deference to the megabanks it is charged with regulating as well as its marginalization of the few examiners who have spoken out. […].

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Community Bank Community New York Washington 192

Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. Laura Stewart, CEO of Sound Community Bank in Washington said of preparing the call report: "It almost feels like a full-time job."

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Community Bank Community FDIC Survey 150

Independent Banker

SEPTEMBER 30, 2018

As policymakers continue to review financial services regulations, the largest banks are working to roll back rules that were designed to mitigate the risks they pose to the financial system. First things first: Washington needs to slow down and reevaluate. I’ll be traveling to Memphis to visit Vining Sparks and CRA Partners.

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Community Memphis Tennessee Community Bank 79

Finer Points

MARCH 28, 2016

It was a long time coming, but persistence paid off when the Consumer Financial Protection Bureau recently updated its mortgage regulations to ease unnecessary restrictions on many community banks.

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Community Bank Community Regulation Washington 100

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. ICBA president and CEO Rebeca Romero Rainey, Washington, D.C.

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Community Bank Community Industry Texas 239

South State Correspondent

JUNE 28, 2016

We attended a full day session at the OCC in Washington D.C. We give the OCC props for organizing this first class workshop that brought lawyers, fintech, banks, community activists, consultants and regulators together to exchange ideas. last week about responsible innovation.

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Conference Innovation Washington Community 150

CFPB Monitor

OCTOBER 24, 2023

The Department of Justice (DOJ) announced a settlement agreement with Washington Trust Company, of Westerly (WTC) to resolve claims that WTC redlined majority Black and Hispanic neighborhoods in Rhode Island. for its peer lenders, and on average 46.5% for its peer lenders, and on average 46.5%

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Rhode Island Washington Community Marketing 158

PYMNTS

MAY 28, 2019

The Washington Post reported late last week that the FTC has opened an investigation into potentially unfair contract terms imposed on small business borrowers by merchant cash advance companies and other small to medium-sized business (SMB) lending companies. The FTC’s Chopra spoke at a forum in Washington, D.C. ”

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Washington New York Lending Regulation 140

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. The better prepared, the less likely they are to run afoul of the continually shifting regulations. By Karen Hoffman.

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Compliance Regulation Community Bank Community 101

Independent Banker

JUNE 30, 2022

But community banks have adapted to address that shift. I’ll be attending the 2022 Idaho, Nevada, Oregon and Washington Bankers Associations’ Annual Convention in Coeur d’Alene, Idaho, and meeting with ICBA’s board of directors. We, as community bankers, will continue to adapt to meet our customers’ needs.

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Lending Idaho Nevada Oregon 141

Independent Banker

AUGUST 31, 2021

Here are the key areas of D&I policies and practices that community banks may need if these requirements change or become mandatory. It required these agencies to establish standards for assessing the D&I policies and practices of financial institutions they regulate. By Mary Thorson-Wright. Entities’ self-assessment processes.

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Community Bank Policies Community Regulation 91

Independent Banker

DECEMBER 31, 2019

Lucky for us, community bankers know a thing or two about staying the course. From successes in getting the Federal Reserve involved in real-time payments to our ongoing efforts to wake up Washington to credit union injustices, we are present, committed and confirmed in our efforts to level the playing field for community bankers.

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Community Bank Community Washington Tools 125

PYMNTS

FEBRUARY 5, 2019

“I think it is pretty obvious when you read stories about the payday lending industry – and how it goes wrong for customers – that consumers need a better alternative,” Onward Financial Founder Ronnie Washington said. In an effort to innovate a solution to these cash flow challenges, Washington founded Onward Financial. ”

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Washington Kansas City Lending Kansas 178

PYMNTS

APRIL 2, 2019

Facebook CEO Mark Zuckerberg’s call for regulation in the tech space on Saturday (March 30) is drawing praise: U.S. However, the outlet reported that the latest statement is “Facebook’s most explicit call to date for regulation.”. These are important for keeping our community safe.

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social media Regulation Washington Company 108

PYMNTS

SEPTEMBER 5, 2019

The social media giant has been facing a lot of scrutiny over Libra, from lawmakers and regulators all around the globe. Hollier also counts Microsoft and the Independent Community Bankers of America as clients. Facebook also has four other companies it uses for lobbying, including FS Vector, a firm based in Washington. .

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Idaho cryptocurrency social media Washington 122

PYMNTS

MAY 15, 2020

San Francisco, Seattle, Washington, D.C. and Jersey City were among the first communities to implement caps on delivery fees through emergency orders last month. Trade groups and restaurant owners have lobbied for regulation of fees, arguing that their industry sees thin profit margins.

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San Francisco New York City Seattle Washington 131

Independent Banker

JULY 30, 2015

IB: What do ICBA advocacy staff members do to represent community banks in Washington? Hawxhurst: ICBA’s advocacy staff works to represent the interests of community banks before a wide range of policy bodies in Washington, particularly before Congress and the federal banking agencies. Washington Policy Summit.

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Resources Tools Washington Community Bank 70

PYMNTS

FEBRUARY 19, 2019

.” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes. ” Now, Powell is also raising concerns about how bank industry consolidation could negatively impact the small business community.

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Marketing Community Community Bank Industry 108

Jeff For Banks

JULY 6, 2013

government controlled or heavily regulated. controlling) they should do is enforce laws against the charlatans that plague the investment community. But I disagree with greater control of a national pension system in Washington. Why can''t community financial institutions band together to help customers prepare for retirement?

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Community Bank Community National Iowa 102

Independent Banker

AUGUST 25, 2016

Advocacy Advocate—ICBA’s Joshua Harbursky works to assist community bankers with their industry policy engagement with lawmakers and regulators. ICBA has a great infrastructure in place and a lot of active advocates among community bankers. Anyone with an interest in promoting community banks can be an ICBA advocate.

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Washington Community Bank Policies Community 72

Finer Points

NOVEMBER 23, 2015

While many Americans are gearing up for the holiday season, ICBA and community bankers are gearing up for a bustling couple of weeks in Washington.

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Washington Taxes Community Industry 100

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

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Google social media Compliance Regulation 132

PYMNTS

JUNE 13, 2019

The Connected Commerce Council (3C), a small business advocacy group, has sent a letter to the House Judiciary Committee on Antitrust, Commercial and Administrative Law requesting that Congress consider the importance of technology giants including Facebook, Amazon and Google in the small business community.

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Groups Google Washington Conference 122

Finer Points

OCTOBER 3, 2016

A hallmark of community banking is accountability. Community bankers are held accountable to their customers because they live and work in the same neighborhoods. As locally based institutions with a stake in the prosperity of their communities, community bankers simply can’t afford to take advantage of their customers.

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Community Bank Community Washington Leadership 263

PYMNTS

DECEMBER 30, 2019

To date 43 states and Washington, D.C. It’s all somewhat fragmented and ad hoc at the moment, as city councils coast to coast think of clever ways to leverage the new regulations. have moved to collect sales tax from remote sellers, and it’s just the beginning. With the debate now all but over, the real work has begun.

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Taxes Alaska South Dakota South Carolina 130

PYMNTS

MARCH 30, 2020

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. states are starting to implement new standards, too, with the CCPA introduced two months ago and WPA on the path to ratification in Washington.

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United States Retail Customer Experience Data 131

Finer Points

AUGUST 3, 2015

While ICBA continues our full-court press toward advancing community bank regulatory relief all the way through Congress and to the president’s desk, we are also making noticeable headway in raising public awareness of the problem via the national news media.

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Washington Community Bank Community National 100

Abrigo

NOVEMBER 2, 2021

With the 2021 change in administration in Washington, D.C., The AMLA is extensive, and there are many steps involved before FinCEN can implement the act, such as conducting studies, writing regulations, and publishing guidance. See Part I: Implications for Community Financial Institutions. financial institutions. Learn More.

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Compliance Regulation Resources Policies 195