OCC: Second and Third Quarter 2025 CRA Evaluation Schedule Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2025. The OCC encourages public comment on the CRA-related activities of the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the…
ICBA: Statement Issued Opposing Consolidation of the Nation’s Banking Regulators
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement opposing the consolidation of the nation’s banking regulators. “While Wall Street bank executives and others have called for consolidating the nation’s banking regulators, ICBA and community bankers have long supported the independence of the federal banking agencies and our…
FEMA: President Trump Approves Major Disaster Declaration for West Virginia
FEMA announced that federal disaster assistance is available to the state of West Virginia to supplement recovery efforts in the areas affected by severe storms, straight-line winds, flooding, landslides and mudslides beginning on Feb. 15, and continuing. The President’s action makes federal funding available to affected individuals in McDowell, Mercer, Mingo and Wyoming counties. Assistance can…
HUD: Secretary Turner Cuts Red Tape by Terminating the Affirmatively Furthering Fair Housing Rule
Action will restore zoning decisions to localities and increase access and supply of affordable housing Today, Secretary Scott Turner announced the U.S. Department of Housing and Urban Development (HUD) will terminate the Biden-era 2021 Affirmatively Furthering Fair Housing (AFFH) rule, cutting costly red tape imposed on localities and returning decision-making power to local and state governments. The…
FDIC: Guidance Issued to Help Financial Institutions and Facilitate Recovery in Areas of Kentucky Affected by Severe Storms, Straight-line Winds, Flooding, Landslides, and Mudslides
Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Kentucky affected by severe storms, straight-line winds, flooding, landslides, and mudslides. Please review the FDIC’s Disaster Page to review information about what to do if your bank is affected. Statement of Applicability: The contents of,…
FHFA: U.S. House Prices Rice 4.5 Percent Over the Prior Year; Up 1.4 Percent from the Third Quarter 2024
U.S. house prices rose 4.5 percent between the fourth quarter of 2023 and the fourth quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 1.4 percent compared to the third quarter of 2024. FHFA’s seasonally adjusted monthly index for December was up 0.4 percent from November. “U.S. house prices grew…
FEMA: President Trump Approves Major Disaster Declaration for Kentucky
FEMA announced today that federal disaster assistance is available to the Commonwealth of Kentucky to supplement recovery efforts in the areas affected by severe storms, straight-line winds, flooding, landslides and mudslides from Feb. 14, and continuing. The President’s action makes federal funding available to affected individuals in Breathitt, Clay, Harlan, Knott, Lee, Letcher, Martin, Owsley,…
SBA: Administrator Loeffler Issues Memo on Day One Priorities
Outlines how SBA will become an America First engine for free enterprise Following her confirmation and swearing-in as the 28th Administrator of the U.S. Small Business Administration, Kelly Loeffler issued a Day One memo outlining her top priorities for the agency. “Small businesses are the backbone of our nation, driving innovation, job creation, and prosperity – and there’s…
ABA: Kentucky Teen Named Grand Prize Winner of National Teen Video Contest
The American Bankers Association Foundation today announced the winner of the national Lights, Camera, Save! teen video contest. Lela Ashley, a 16-year-old at George Rogers Clark High School in Lexington, Ky., achieved first place for her entry, “Lights, Camera, Save! Press Conference” in addition to the $5,000 prize money. Other submissions that placed in the…
ICBA: U.S. Postal Inspection Service and ICBA Partner to Help Community Banks Combat Check Fraud
The Independent Community Bankers of America® (ICBA) today announced a partnership with the U.S. Postal Inspection Service to combat the threat of check fraud. As part of this initiative, ICBA and the Postal Inspection Service will deliver in-branch educational materials with step-by-step instructions to help consumers safeguard their financial assets and respond if they experience…