AdvocacyTweet Your Member of Congress During Washington Policy SummitCan’t make it to D.C. for the Washington Policy Summit but still want to participate? Tweet your member of Congress about the important role of community banks in the nation via ICBA’s advocacy Twitter map. To participate, find your state on the map, click the name of your members of Congress, and click Tweet in the pop-up window. Community bankers may customize their messages with their top-priority issues. Additionally, Washington Policy Summit attendees can use the map to quickly and easily find their lawmakers’ Twitter handles during the event. Meanwhile, community bankers can continue to celebrate Community Banking Month by using ICBA’s Marketing and Communications Toolkit, tweeting with the #BankLocally hashtag and sharing their photos with ICBA on Facebook. View the Twitter Map. Federal ReserveYellen: Fed Considering Additional Systemic-Risk MeasuresFederal Reserve Chair Janet Yellen said new liquidity standards for global banking firms do not fully address financial stability concerns and additional megabank capital measures might be needed. Yellen said the liquidity coverage ratio and net stable funding ratio developed by the Basel Committee on Banking Supervision would help insulate banks from liquidity shocks and incent firms to move to more stable funding structures. Federal Reserve staff are considering additional measures to address systemic risks from shadow banks and matched books of securities financing transactions, Yellen said. She said that while some measures would apply only to the largest banking organizations, others could apply marketwide, at least in principle. In a January comment letter to federal banking regulators, ICBA said requiring the largest banks to maintain a portfolio of highly liquid assets is essential in addressing the too-big-to-fail problem and would help mitigate the risk of another big bank bailout. RemittancesCFPB Proposes Revision to Remittance RuleThe Consumer Financial Protection Bureau proposed revisions to its international money transfer rule. The revisions are intended to provide federally insured institutions with additional time to provide exact disclosures in certain cases. The Dodd-Frank Act allows federally insured financial institutions to estimate third-party fees and exchange rates when providing remittance transfers to their accountholders for which they cannot determine exact amounts until July 21, 2015. Insured institutions may use this exception when they cannot determine the exact amounts for reasons beyond their control.  The CFPB’s proposal would extend that temporary exception by five years, until July 21, 2020, as authorized by the Dodd-Frank Act. The final rule took effect on Oct. 28, 2013. ICBA worked closely with the bureau to express community bank concerns with the proposal. The CFPB last year issued several updates to the rule to help smaller remittance transfer providers such as community banks continue to offer these services. Read CFPB Proposal. Read ICBA Summary of the Rule. ICBA NewsWatch Today is sponsored by Holtmeyer & Monson:Earn a 12-14% premium on the sale of SBA loan guarantees in the secondary market. One big reason why community banks are taking advantage of SBA Lending in record numbers! And the ICBA recommends just one provider to make the process hassle-free for its members. Call us today to get started. ICBA Preferred Service Provider Holtmeyer & Monson does all the work, at no net cost to your bank. Call (800) 340-7304 or visit www.holtandmon.com.AgricultureSign-Up for USDA Disaster Assistance Programs UnderwayEligible farmers and ranchers can now sign up for USDA disaster-assistance programs restored by passage of the 2014 farm bill, the department announced. Eligible producers can enroll in one of four programs administered by the Farm Service Agency, including the Livestock Forage Disaster Program and Livestock Indemnity Program.EconomyHome-Builder Confidence Weak in AprilHome-builder confidence rose slightly in April, but remained poor, according to the National Association of Home Builders. The NAHB index rose one point to 47 from a downwardly revised March reading. A score less than 50 means indicates that more builders view conditions as poor than good. The association cited challenges from tight credit conditions and a limited availability of lots and labor.EconomyConsumer Prices Up 0.2 Percent in MarchConsumer prices increased a seasonally adjusted 0.2 percent in March, the Labor Department reported. The Consumer Price Index is up 1.5 percent over the past 12 months. Increases in the shelter and food indexes accounted for most of the increase.PollTake This Week’s Quick PollTake this week’s Quick Poll on community bank congressional open houses, and view results from the previous poll on the end of Microsoft support for Windows XP. View the Archive.EducationICBA Offers NotJustCompliance.comWhen you are responsible for all aspects of compliance with your community bank, you can't afford a misstep. Overlook a new amendment or regulatory change and you could seriously expose your institution. Designed for the busy community banker, ICBA’s Not Just Compliance website will help you to stay on top of your game. Learn More.Products and ServicesWebinar: Business Preparedness: Disaster Recovery Made SimpleJoin ICBA Preferred Service Provider Agility Recovery at 2 p.m. (Eastern time) tomorrow to learn how to minimize potential business-interruption losses and how to implement an effective disaster-recovery plan. The webinar will include the four key elements of recovery following a business interruption: office space complete with desks and chairs, power for your office, telephone and Internet access, and computer systems that include computers, servers, printers and fax. Register Now.Products and ServicesFree Webinar: Tactics to Cut Compliance CostsContinuity Control, ICBA’s new Preferred Service Provider, is hosting a free webinar at 1 p.m. (Eastern time) Thursday, April 24, titled “A CEO’s Practical Guide of Tactics to Cut Compliance Costs.” This webinar for community bank CEOs and CFOs will outline practical tactics and strategies they can deploy over the next three to four months to significantly cut compliance costs. It will feature where to look for easy cost cutters and the less obvious culprits and offer pragmatic steps to correct costly mistakes. Register Online.