ICBA

Will banks turn the tables and buy credit unions?

03/19/19

More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.

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Mastercard venture aims to help small banks keep up in payments

03/19/19

The credit card network has teamed up with an ICBA unit and the fintech Urban FT to offer a payments services program tailored to community banks trying to keep pace with bigger banks.

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Where the small-bank lobby will focus next

03/18/19

Congress granted banks significant reg relief last year, but incoming ICBA Chairman Preston Kennedy says a lighter touch is needed with Bank Secrecy Act rules, loan-loss modeling and call reports.

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Community activists oppose Square's ILC bid

02/20/19

More than three dozen organizations are asking the FDIC to reject Square’s pending application to become an industrial loan company, according to a letter filed Tuesday.

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Big, small banks have different ideas on how to fix pot banking

02/14/19

They all agree that legislation is needed, but the two approaches being offered are exposing tensions.

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Square's banking bid avoids backlash that doomed Walmart's

02/12/19

The vast majority of comment letters to the FDIC support the fintech’s banking venture, in stark contrast to the public outcry over the pre-crisis ILC bids by large retailers.

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FDIC review of brokered deposits has big implications for branches

01/30/19

Banks that gather deposits through branches generally pay lower deposit premiums than those that solicit deposits online. So what happens if long-standing restrictions on brokered deposits are relaxed?

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ICBA selects first fintechs for new accelerator program

01/09/19

The 10 startups will receive initial investments, mentoring and training as part of the ICBA ThinkTECH Accelerator.

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PenFed deal feeds bankers' fears of unlimited credit union membership

01/04/19

An “emergency merger” with the troubled Progressive Credit Union gives PenFed — already the nation’s third-largest credit union — the ability to welcome any potential member nationwide.

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Bankers cry foul over Robinhood’s checking and savings accounts

12/14/18

The fintech's new products may violate several banking and securities regulations and could mislead the public about the differences between coverage on banking and investment accounts, industry officials say.

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