.Independent Community Bankers of America expressed support for the @BIS_orgBasel Committee’s work to draft a regulatory framework for disclosing #crypto exposures in banking entities’ financial statements. icba.org/advocacy/lette…

Today’s U.S. Federal Housing (FHFA) scorecard says nothing about ending the 15-year conservatorship that has subjected Fannie and Freddie to political influence. As Ron Haynie has written, the time has come to end what was intended to be a short-term timeout for the GSEs. icba.org/newsroom/blogs…

The lack of The NCUA oversight of credit union service organizations was a key point in a recent Atlanta Fed report on credit unions' third-party risks and led to Independent Community Bankers of America-advocated legislation in the 117th Congress. atlantafed.org/blogs/take-on-… #CUregulation

FinCEN Proposes Rule to Combat Illicit Finance and National Security Threats in Investment Adviser Sector fincen.gov/news/news-rele…

.Independent Community Bankers of America last month urged Congress to convene a hearing on #CUregulation given reports of lending disparities at Navy Federal, the #creditunion industry's #CRA exemption, and ongoing acquisitions of taxpaying #communitybanks by tax-exempt CUs. icba.org/advocacy/lette…

A recent study found the Independent Community Bankers of America-opposed #DurbinMarshall bill to impose credit card routing restrictions would disproportionately benefit the nation’s largest businesses while putting #smallbiz at a competitive disadvantage. papers.ssrn.com/sol3/papers.cf… #DumpDurbinMarshall

FinCEN says an increasing number of BSA reports tie #crypto to online child sexual exploitation and human trafficking.

In a statement for the Financial Services GOP FSC oversight hearing starting now, Independent Community Bankers of America endorsed legislation from Chairman Patrick McHenry to coordinate Financial Crimes Enforcement Network (FinCEN) #AML rulemakings on beneficial ownership info. icba.org/docs/default-s…

Nacha reports #ACH Network payment volume rose 4.8% in 2023 on a 22.3% increase in #SameDayACH volume and 10.8% growth in #B2B payments.

.Independent Community Bankers of America last year urged Financial Crimes Enforcement Network (FinCEN) to maximize community bank flexibility under its #beneficialownership rules and to withdraw #BOI requirements for banks now that it is required to collect this info directly from reporting companies icba.org/docs/default-s…

Acquisitions of tax-paying #communitybanks by tax-exempt and #CRA-exempt #creditunions without federal share insurance are bad for consumers. No wonder new Independent Community Bankers of America polling conducted by Morning Consult shows Americans support #creditunion policy changes. icba.org/newsroom/news-…

Also today: Independent Community Bankers of America released polling that found 68% of adults say #creditunion customers should have the same consumer protections that banks provide, such as the #CommunityReinvestmentAct. #CreditUnions having a rough one--time for Congress to respond. icba.org/newsroom/news-…

Customers are recognizing the difference and taking action to switch from big banks to #communitybanks. More evidence of the #banklocally movement gaining momentum from The Wall Street Journal: wsj.com/finance/bankin…

Consumers can urge Congress to #WakeUp to the fact that #SomethingsWrong with #CUregulation via this custom message to lawmakers: creditunionquestions.com

An ICBA study found 80% of community bank respondents said the CFPB’s 1071 rule would inhibit their small-biz lending while nearly half of business owners said they would look for another lender that did not ask for the information the rule requires. icba.org/newsroom/news-…

Excellent op-ed illustrating the failings of the #creditunion industry's tax and regulatory exemptions. More on how taxpayers are subsidizing CU acquisitions of taxpaying community banks in Independent Community Bankers of America's recent op-ed here: americanbanker.com/opinion/stop-l… #WakeUp #SomethingsWrong

Today's op-ed from a former #CreditUnion executive spotlights everything wrong with CU policy: “We weakened community banks and their capacity to meet the credit needs of our communities. Now…credit unions are gobbling up banks at a record pace.” americanbanker.com/creditunions/o…

"Members of Congress and the American public should ask why a small #creditunion is spending millions of dollars to act like a big bank... Shouldn’t #creditunions that act like big banks be regulated like big banks?" #SomethingIsWrong #TaxCreditUnions

The U.S. Federal Housing (FHFA)'s regulatory crackdown on the #FHLBanks threatens the housing finance system at a time of high prices and limited supply, Independent Community Bankers of America's Rebeca Romero Rainey writes in American Banker BankThink. americanbanker.com/opinion/dont-f… #housing #housingfinance #communitybanks

.Independent Community Bankers of America’s Rebeca Romero Rainey and Alice Frazier advocate tiered regulations to support #communitybanks and #smallbusiness during Financial Services GOP and House Committee on Small Business hearings today.