Industry
Category: Industry
The Case for Bond Portfolio Maintenance
Managing a community bank’s balance sheet is like taking care of a home: it requires ongoing maintenance, thoughtful planning, and proactive decisions to preserve its value and ensure long...
A Rundown of Major News From Last Week
No later than March 21, the Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim final rule that extends Beneficial Ownership Information (BOI) reporting deadlines, recognizing the...
IBAT Members Make the Case for Community Banking
Last week, 140 Texans stepped up to take the voice of community banking to Capitol Hill. In total, IBAT members met with 30 members or staff of the Texas...
Effort to Overturn CFPB’s Overdraft Rule
Last week, Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill introduced Congressional Review Act (CRA) legislation challenging the Consumer Financial Protection Bureau’s (CFPB) overdraft rule....
A Rundown of Major News From Last Week
On February 12, a trade group representing the fintech industry filed a motion to intervene in a pending lawsuit regarding the CFPB’s final rule on open banking in order to defend it. The...
IBAT Hosts Speaker Burrows, Members of the Texas Legislature
In a meeting with IBAT members in Austin last week, The Honorable Dustin Burrows, Speaker of the Texas House of Representatives, outlined his priorities for the 89th Regular Session...
A Rundown of Major News Items From the Last Week
The Fifth Circuit Court of Appeals granted IBAT/TBA/ICBA/ABA’s request to delay compliance dates for implementation of data gathering and reporting under 1071 rules. The outcome of the appeal and...
Feedback Needed: 2024 Check Fraud Data Collection
IBAT reported last week on a lawsuit filed by Buckholts State Bank against Navy Federal Credit Union for failing to monitor fraudulent activity, enabling the proliferation of check fraud....
Lieutenant Governor, Speaker of House to Address IBAT
This week, as IBAT members gather in Austin to earmark priority issues facing the industry, they will be greeted by two of the most significant figures in Texas politics....