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WASHINGTON—The American Bankers Association has filed a motion for leave to submit an amicus brief supporting the Independent Community Bankers of America’s lawsuit against NCUA over its revised member business loan rule, which takes effect next month.

WASHINGTON–Saying it is expressing “strong opposition,” the Independent Community Bankers of America has filed a comment letter with NCUA over its proposed FOM rules for federally chartered credit unions. It said the proposal in some cases makes for a “mockery.”

FDIC 2017 Operating Budget

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The FDIC's 2017 operating budget.