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Press Releases

ICBA Commends Senate Banking Committee for Passing Bipartisan Cannabis-Banking Bill

Sep 27, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the Senate Banking Committee for its passage of the SAFER Banking Act (S. 2860), bipartisan legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related businesses in states where cannabis is legal.

ICBA Commends House Committee Passage of Bill Barring Creation of U.S. Central Bank Digital Currency

Sep 20, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the House Financial Services Committee for passing ICBA-advocated legislation to restrict the ability of the federal government to introduce a U.S. central bank digital currency.

ICBA ThinkTECH Accelerator Alum Chimney Wins “Best of Show” Honors at FinovateFall 2023

Sep 19, 2023 | Press Release
The Independent Community Bankers of America (ICBA) celebrates this year’s FinovateFall 2023 Best of Show winner, Chimney, a member of the 2022 ICBA ThinkTECH Accelerator cohort.

ICBA ThinkTECH Solutions Forum Spotlights Faster Payments Offerings for Community Banks

Sep 15, 2023 | Press Release
The Independent Community Bankers of America (ICBA) hosted its first ThinkTECH Solutions Forum yesterday. This forum, which was designed to foster industry collaboration in support of community bank adoption of faster payments, is the first of three such forums planned for this year.

Financial Services Industry Opposes Effort by Senators Durbin & Marshall to Force Credit Card Routing Mandates into Military Construction, Veterans Affairs Funding Bill

Sep 15, 2023 | Press Release
Today, 11 trade associations representing virtually all banks and credit unions, including those primarily serving military-affiliated customers and members, released the following joint statement opposing the effort by Senator Dick Durbin (D-IL) and Roger Marshall (R-KS) to attach their proposed credit card routing legislation (S. 1838) to the Military Construction, Veterans Affairs, and Related Agencies Appropriations Act (H.R. 4366):

ICBA Statement on Swearing-in of Federal Reserve Board Members

Sep 13, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s swearing-in of members of the Federal Reserve Board.

ICBA Honors 2023 National Community Bank Service Award Recipients

Sep 6, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today announced the winners of its 2023 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local economies flourish. Stories are featured in the September issue of ICBA Independent Banker.

ICBA Seeks Information from Federal Credit Union Agency on Rakuten Charter Application

Sep 6, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today asked the National Credit Union Administration to provide information on whether Rakuten Inc. has applied for a federal credit union charter or for insurance under the agency’s Share Insurance Fund.

ICBA: Five Credit Union Acquisitions of Taxpaying Community Banks in One Week Demands Congressional Action

Sep 1, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on recent acquisitions of taxpaying community banks by tax-exempt credit unions.

ICBA Commends FDIC for Proposing New Debt Requirements for Large Banks

Aug 29, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the Federal Deposit Insurance Corp. board of directors for proposing debt requirements for banks over $100 billion in assets.

ICBA Provides Tips for Consumers Ahead of National Preparedness Month in September

Aug 29, 2023 | Press Release
In light of Hurricane Idalia and in observance of National Preparedness Month in September, ICBA and the nation's community banks are reminding consumers to take prudent measures that can help speed up their financial recovery following a natural or man-made disaster.

ICBA Urges Court and CFPB to Grant Relief from 1071 Small-Business Rule

Aug 4, 2023 | Press Release
The Independent Community Bankers of America (ICBA), the Independent Bankers Association of Texas (IBAT), and Texas First Bank today filed a motion and complaint calling on a federal court to declare that the Consumer Financial Protection Bureau’s Section 1071 final rule is invalid and unenforceable and seeking preliminary and permanent injunctive relief.

ICBA Names Faith Lutat Vice President of Member Relations

Jul 31, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today announced the hire of Faith Lutat as vice present of member relations.

ICBA Commends House Committee for Passing Resolution to Nullify CFPB’s Small-Business Reporting Rule

Jul 28, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the House Financial Services Committee for advancing an ICBA-advocated resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 small-business data collection and reporting requirements.

As Lawmakers Push to Include Credit Card Restrictions in Defense Bill, New ICBA Polling Shows Voter Opposition

Jul 23, 2023 | Press Release
With Sens. Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.) working to attach their controversial credit card routing restrictions to the pending National Defense Authorization Act, the Independent Community Bankers of America (ICBA) today released new polling results showing voters oppose the policy change.

ICBA Urges FDIC to Finalize Special Assessment Rule as Proposed

Jul 21, 2023 | Press Release
ICBA said it strongly and emphatically supports the Federal Deposit Insurance Corporation’s proposed rule to exempt community banks with less than $5 billion in uninsured deposits from its special assessment following the failures of Silicon Valley Bank and Signature Bank of New York.

ICBA Commends Federal Reserve for FedNow Launch

Jul 20, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the Federal Reserve for its launch of the FedNow Service, the Fed’s instant payment service that ICBA has staunchly advocated for years.

ICBA Commends Senate Small Business Committee for Advancing Legislation Addressing SBA 7(a) Changes

Jul 19, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the Senate Small Business Committee for advancing legislation to address ICBA-opposed Small Business Administration changes to its 7(a) small-business loan program.

With Bipartisan ACRE Act Introduced in Senate, ICBA Polling Shows Strong Support Among Voters

Jul 19, 2023 | Press Release
Following today’s Senate introduction of bipartisan legislation to support farmers, ranchers, and rural homeowners, the Independent Community Bankers of America (ICBA) released new polling conducted by Morning Consult showing broad support for the legislation.

CRA Partners Launches Forum for Community Bank CRA Professionals

Jul 13, 2023 | Press Release
CRA Partners, an ICBA affiliate, today announced the formation of CRA Collaborative, a peer group that provides community bankers with opportunities to engage in discussion around Community Reinvestment Act related topics.