IBA Compliance Connection

Illinois bankers are constantly challenged with new laws, regulations, enforcement trends, and other pressing compliance concerns. The IBA is here to help! Your IBA membership includes access to members-only compliance resources, guidance on compliance inquiries, outstanding educational events and networking opportunities, a weekly compliance newsletter, and more!

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IBA Submits Comment Letter on Proposed Illinois CRA Rules. The IBA has submitted a comment letter to the IDFPR on our members’ concerns regarding the IDFPR’s proposed administrative rules implementing the Illinois Community Reinvestment Act (Illinois CRA). Our letter requests that the final rule adopt reasonable examination fees and limit expenses, lengthen the implementation period, ensure consistency with federal CRA rules and exam schedules, eliminate discrepancies with the proposed rules for credit unions and mortgage landers, and more. The IBA also contends that the proposal expands the IDFPR’s authority beyond the scope of the law by covering bank affiliates and foreign-headquartered banks. Read the IBA comment letter.

March 17, 2023

HUD Reinstates Disparate Impact Rule. The Department of Housing and Urban Development (HUD) has issued a final rule reinstating its 2013 rule establishing a framework for disparate impact litigation, following a U.S. District Court’s nationwide preliminary injunction against enforcing the later 2020 version of the rule. The final rule recodifies HUD’s original 2013 framework for determining liability based on a theory of disparate impact under the Fair Housing Act. The final rule is effective thirty days after publication in the Federal Register. View the announcementfinal rule, and fact sheet.

March 20, 2023

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Compliance Q&A

Should our adverse action notices continue to refer to the “FDIC Consumer Response Center?”

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IBA Compliance Connection – A Valuable Resource for IBA Members


Original IBA Q&As, together with relevant articles, court decisions, and more!


Topic pages covering a broad spectrum of compliance matters, indexed by bank process and function, together with all relevant Illinois laws and federal regulations


IBA members have an exciting resource to help them — IBA Compliance Connection at GoToIBA.com — a free website for all employees of IBA member banks that will quickly become your “go to” source for Illinois banking compliance information, guidance and support — each and every day! Request access today!

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