To create and promote an environment where community banks flourish.
ICBA today voiced support for the Federal Reserve Faster Payments Task Force’s final report detailing its ten recommendations to enhance the speed, efficiency and security of the U.S. payment system. ICBA and community bankers were active participants in the Task Force.
ICBA announced that BancLeasing has been selected as its newest Preferred Service Provider. BancLeasing helps community banks serve their business customers by allowing them to book equipment leases as commercial loans.
ICBA expressed to Congress the importance of passing judicious housing finance reforms that allows continued access for community bank lenders. Testifying at the Senate Banking Committee’s hearing, Jack Hopkins, president/CEO at CorTrust Bank, advocated for Congress to enact reforms that promote beneficial competition and avoid dangerous concentration in the mortgage lending industry, particularly in regard to government-sponsored enterprises, Fannie Mae and Freddie Mac.
ICBA Bancard, the payments services subsidiary of ICBA, has been endorsed by the Wyoming Bankers Association. This marks the 37th state banking association to give its seal of approval to ICBA Bancard.
The Independent Community Bankers of America® (ICBA) today sent a letter to the FDIC commenting on the deposit insurance application of SoFi Bank, a wholly owned subsidiary of Social Finance, Inc. (SoFi).
ICBA President and CEO Camden R. Fine released this statement on the Consumer Financial Protection Bureau plan to issue a proposed rulemaking to temporarily increase the Home Mortgage Disclosure Act reporting threshold for Home Equity Lines of Credit.
ICBA told Congress that the role of community banks in advancing and sustaining the economic recovery is jeopardized by stifling regulatory burden. Testifying before the House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit, Robert Fisher, president and CEO of Tioga State Bank in Spencer, New York advocated key provisions of ICBA’s pro-growth Plan for Prosperity regulatory relief platform to expand credit availability and mitigate rapid consolidation in the banking industry.
ICBA President and CEO Camden R. Fine released a statement on the Arbitration Agreements final rule issued by the Consumer Financial Protection Bureau, which will essentially prohibit the use of consumer arbitration agreements.
It pays to participate—ICBA members that participate in one or more ICBA Services Network program have a 26% higher ROA and a 45% higher ROE than community banks that don’t. See what solutions we have to fit your bank's individual needs.