Logo: Independent Community Bankers of America - ICBA The Nation's Voice for Community Banks (R)

Graphic: Arrow Forgot password?
Graphic: Arrow Request Login
Contact ICBA Site Map Search ICBA
ArrowICBA Home
ArrowAbout ICBA
ArrowAbout Community Banking
ArrowConsumer Education & Resources
ArrowIndustry Resources
ArrowMarketing Resources
ArrowMembership/Nat. Solutions Group
ArrowPress Room
ArrowSocial Media
ArrowMain Street MarketĀ®

Members Only = Access Restricted
Last update: 10/21/14

ICBA News Release Header


ICBA Thanks Chairman Bernanke for His Remarks About The Importance of Community Banks

Washington, D.C. (October 3, 2013)—Camden R. Fine, president and CEO of the Independent Community Bankers of America® (ICBA), released this statement following remarks made by Federal Reserve Chairman Ben S. Bernanke during the "Community Banking in the 21st Century," a conference co-sponsored by the Federal Reserve System and the Conference of State Bank Supervisors in St. Louis, Mo.

“ICBA thanks Chairman Bernanke for his remarks and for his recognition that community banks are uniquely suited to serve their local communities. During his speech, the chairman emphasized the importance of the community bank relationship-based business model, saying that community banks’ direct, personal knowledge of their local economies enables them to tailor products and services to meet their communities’ needs. He also said that community bankers recognize that their own success depends on the health of the communities they serve, which is why so many community bankers contribute locally as citizens and leaders as well as in their capacities as lenders and providers of financial services.

“We thank the chairman and the Board of Governors for their recognition of the unique role community banks serve in our financial system and for recognizing that regulations need to be scaled to fit a bank’s size and complexity.

“ICBA looks forward to continuing its work with the Federal Reserve to ensure that community banks are not hindered by further regulatory burden so they can continue to serve their local economies and contribute to a more robust national economy.”

About ICBA
The Independent Community Bankers of America®, the nation’s voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.

ArrowsPrintable version

Button: Share

All contents copyright 2014 Independent Community Bankers of America. All rights reserved.
Privacy Statement | Legal Notice