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Press Releases

Proposed Changes to FDIC Supervisory Appeals System Fall Short of Progress

Nov 22, 2022 | Press Release
The FDIC has proposed changes to its new supervisory appeals structure aimed at increasing its independence, but the system still requires significant overhauls to preserve banks’ due process rights, ICBA and other groups said.

TCM Bank N.A., promotes Jay Hill to Senior Vice President, Transformation and Project Management

Nov 4, 2022 | Press Release
TCM Bank, N.A., the credit card bank of ICBA Bancard®, announced the promotion of Jay Hill from vice president of project management to senior vice president of transformation and project management.

Kari Mitchum Joins ICBA as Vice President, Payments Policy

Nov 3, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced the hire of Kari Mitchum as vice president, payments policy.

ICBA Foundation Receives Pledges of More Than $200,000 for Community Banks and Employees Affected by Hurricane Ian

Nov 3, 2022 | Press Release
The Independent Community Bankers of America (ICBA) Foundation today announced that the disaster relief program, activated in coordination with ICBA-affiliated Florida Bankers Association, has over $200,000 pledged to assist employees and families of Florida’s community banks affected by Hurricane Ian.

ICBA Urges FHFA, Banking Agencies to Align Capital Rules

Nov 1, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on the Federal Housing Finance Agency and the federal banking regulators to align their capital rules to avoid penalizing community banks for supporting local communities during the COVID-19 pandemic.

ICBA: Biden Administration's Flawed Remarks on Overdraft Are Misleading and Dangerous to Community Banks and The Customers They Serve

Oct 26, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued this statement following the release of overdraft protection guidance from the Consumer Financial Protection Bureau (CFPB), along with related remarks from President Joe Biden.

ICBA Strongly Opposes FDIC Vote on Assessment Rates

Oct 18, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s FDIC board vote approving an ICBA-opposed proposal to dramatically increase deposit insurance assessments.

ICBA, Affiliated State Associations Urge FHFA to Align Capital Rules with Banking Agencies

Oct 18, 2022 | Press Release
The Independent Community Bankers of America (ICBA) and its affiliated state associations along with other banking organizations today called on the Federal Housing Finance Agency to align its capital rules with those of the federal banking agencies to avoid penalizing community banks for supporting local communities during the COVID-19 pandemic.

ICBA Announces Member Relations Team Executive Promotions

Oct 7, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced promotions for William Pusey, who was named executive vice president, member relations, and Leah Edwards who was promoted to vice president of member relations for the Mid-Atlantic region.

Financial Services Trades to Congress: NDAA Shouldn’t Be a Payday for Retailers

Oct 6, 2022 | Press Release
Ten leading financial services trade associations sent a letter to U.S. House and Senate leadership and the top members of the Senate and House Armed Services Committees warning them that attaching the so-called Credit Card Credit Card Competition Act of 2022 to the National Defense Authorization Act (NDAA) “will rob military families of their credit card rewards, reduce the availability of safe credit, and undermine the nation’s data security.”

ICBA Offers Tips to Help Consumers Protect Financial Data During Cybersecurity Awareness Month

Oct 5, 2022 | Press Release
In recognition of Cybersecurity Awareness Month, The Independent Community Bankers of America (ICBA) and the nation’s community banks are reminding consumers of practical steps to help safeguard their sensitive data and mitigate losses in the event of a data breach or compromise.

ICBA Statement on Recent Report on Zelle Fraud

Oct 4, 2022 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on a recent report from Sen. Elizabeth Warren (D-Mass.) on Zelle.

Wayne Miller Named SVP, Innovation Programs as ICBA Brings ThinkTECH Accelerator Program In-House

Sep 29, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced Wayne Miller will join ICBA as senior vice president, innovation programs, effective October 17.

Gooden-Welch Bill Prioritizes Big Box Retailers over Consumers

Sep 27, 2022 | Press Release
ICBA and other groups today sent a letter to House leaders warning that pending interchange legislation would reduce access to credit, increase security risks associated with credit card use, and limit credit card rewards programs.

ICBA Brings Successful ThinkTECH Accelerator Innovation Program In-house

Sep 27, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced plans to bring its award-winning, community banker-led ThinkTECH Accelerator program in-house with a new, dedicated office based in the innovation hub of Atlanta.

ICBA Strongly Opposes Gooden-Welch Credit Card Bill

Sep 20, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House introduction of the Credit Card Competition Act.

As Feds Report on Digital Assets, New ICBA Polling Points to Consumer Skepticism with Crypto, CBDC

Sep 17, 2022 | Press Release
The Independent Community Bankers of America (ICBA) released new polling conducted by Morning Consult indicating consumers support a regulatory framework for digital assets and are skeptical of the creation of a U.S. central bank digital currency.

ICBA ThinkTECH Accelerator Alumni LemonadeLXP, Quilo Win “Best of Show” Honors at Finovate Fall 2022

Sep 16, 2022 | Press Release
The Independent Community Bankers of America (ICBA) and The Venture Center celebrate this year’s Finovate Fall 2022 Best of Show winners, LemonadeLXP and Quilo, both of which were members of the 2022 ICBA ThinkTECH Accelerator cohort.

FDIC Second-Quarter Deposit Data Show Proposed Assessment Rate Hike Not Needed

Sep 8, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the FDIC’s latest Quarterly Banking Profile.

ICBA Statement on Federal Home Loan Bank Review

Sep 6, 2022 | Press Release
ICBA statement on the Federal Housing Finance Agency’s comprehensive review of the Federal Home Loan Bank System.