Community Banking
Tag: Community Banking
OCC Debanking Report Recognizes Impact of Texas Law
The Office of the Comptroller of the Currency’s (OCC) “Guaranteeing Fair Banking for All Americans” final debanking report targets the nation’s nine largest national banks, but its findings carry...
Attorney General Revisits SB 17 Rules
The Texas Office of the Attorney General (OAG) has proposed new rules to implement and enforce Senate Bill 17 (SB 17), which restricts certain individuals and entities connected to...
ICBA Challenges OCC Trust Charter Approvals
On Friday, the Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) over its approval of national trust charters...
American Banker: 1033 Rule Legal Challenge
As the industry awaits a new proposed rule from the Consumer Financial Protection Bureau (CFPB) implementing the “open banking” provision found in Section 1033 of the Dodd-Frank Act, industry...
Eight Waffles Later: A PAC Challenge to Remember
Last week, IBAT’s President and CEO Christopher Williston joined Texas Bank and Trust (TB&T) Chairman & CEO Rogers Pope, Jr., at a Longview-area Waffle House, where the two faced...
A Big Week in the Interchange Fight
Last week brought a notable defeat for the swipe fee fight in the states when Colorado Gov. Jared Polis vetoed Senate Bill 26-134, a measure that would have barred payment card...
WSJ: Big Banks Plan Deposit Tokenization Efforts
Last week, the Wall Street Journal (WSJ) reported that The Clearing House had launched plans to build a tokenized deposit network. The Clearing House is owned by JP Morgan...
Executive Order Targeting “Non-Work Authorized Individuals”
On Friday, FinCEN issued an Advisory addressing non-work authorized populations and their employers as related to BSA/AML and other supervisory concerns for banks. While the advisory raises a number of concerns,...