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Press Releases

ICBA Urges Policymakers to Prioritize National Security in New Crypto Rules

Aug 9, 2022 | Press Release
The Independent Community Bankers of America (ICBA) told the Treasury Department that policymakers developing new rules for cryptocurrency should prioritize protecting national security amid catastrophic developments in the crypto markets this year.

ICBA: Uniform Community Reinvestment Act Rule Should Minimize Burdens on Community Banks

Aug 5, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on federal banking regulators to issue a uniform final rule on Community Reinvestment Act modernization that minimizes new data collection and reporting burdens for community banks.

Trades Petition CFPB to Ensure Data Aggregation Services Market is Fair, Transparent and Competitive

Aug 2, 2022 | Press Release
Eight national trade groups petitioned the Consumer Financial Protection Bureau to initiate a rulemaking that will strengthen the privacy and security of consumer financial data held by fintechs, Big Tech and data aggregators.

Financial Services Industry United in Opposition to Marshall-Durbin Credit Routing Legislation

Jul 28, 2022 | Press Release
Today nine trade associations representing the financial services industry released the following joint statement opposing announced legislation by Senator Roger Marshall (R-KS) and Senator Dick Durbin (D-IL) creating new credit card routing mandates that fall disproportionately on card issuing credit unions and community banks.

TCM Bank Names William Weeks Chief Information Officer

Jul 26, 2022 | Press Release
TCM Bank, N.A., the credit card bank of ICBA Bancard, which is the payments services subsidiary of the Independent Community Bankers of America (ICBA), today announced the hire of William Weeks as chief information officer.

ICBA Names Andrew Hipolit Assistant Vice President, Financial Policy, Research and Advocacy

Jul 22, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced that Andrew Hipolit has joined its government relations team as assistant vice president, financial policy, research, and advocacy.

ICBA Statement on Confirmation of Michael Barr for Fed Vice Chair of Supervision

Jul 14, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Michael Barr’s confirmation for Federal Reserve vice chair of supervision.

ICBA Services Network Announces New Members to Board of Directors

Jul 14, 2022 | Press Release
ICBA Services Network today announced that Thomas E. Bates Jr.; G. Scott McComb, and Noah Wilcox were elected to the ICBA Services Network board of directors.

CRA Partners/USI Alliance Names Ohio Community Banker New Chairman

Jul 14, 2022 | Press Release
CRA Partners/USI Alliance, an ICBA subsidiary, today announced the election of G. Scott McComb, chairman, president and CEO of Heartland Bank in Whitehall, Ohio, as chairman of the USI Alliance board of directors.

ICBA Testifies Urging Congress to Apply Community Reinvestment Act to Credit Unions

Jul 13, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on Congress to examine the need to apply the Community Reinvestment Act to tax-exempt credit unions.

Community Banker Anne Balcer Today Joins ICBA as New Head of Government Relations

Jul 11, 2022 | Press Release
Anne Balcer today officially joined the Independent Community Bankers of America (ICBA) as senior executive vice president, chief government relations and public policy.

Tennessee Community Banker Named Chairman of ICBA Securities Board of Directors

Jul 5, 2022 | Press Release
ICBA Securities Inc.®, the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), today announced the election of Thomas E. Bates Jr., president and CEO of Legends Bank in Clarksville, Tenn., as chairman of the ICBA Securities board of directors. Aza Bittinger, president and CEO of the Community Bankers Association of Ohio; Blake Heid, president and CEO of First Option Bank in Osawatomie, Kans.; and Craig Wanichek, president and CEO of Summit Bank in Eugene, Ore., were also elected to the board.

TCM Bank Announces New Board Appointments

Jul 1, 2022 | Press Release
TCM Bank, N.A., a subsidiary of ICBA Bancard, today announced that Jack Hartings, chairman of the Peoples Bank Co. in Coldwater, Ohio, and Kathy Underwood, president and CEO of Ledyard National Bank, in Hanover, N.H., were elected to the TCM Bank board of directors.

North Dakota Banker Named to ICBA Bancard Board of Directors

Jun 30, 2022 | Press Release
ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America, today announced that Sarah Getzlaff, CEO of Security First Bank of North Dakota in Bismarck, N.D. was elected to the ICBA Bancard board of directors.

ICBA Names Scott Marks as Assistant Vice President of Congressional Relations

Jun 30, 2022 | Press Release
The Independent Community Bankers of America today announced the hire of Scott Marks as assistant vice president of congressional relations.

ICBA Urges Policymakers to Consider Risks of Crypto, Central Bank Digital Currency

Jun 29, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on the Commerce Department to recognize the risks posed by digital assets — including a U.S. central bank digital currency — as policymakers consider a regulatory framework.

ICBA, Groups Urge CFPB to Rescind Revised Examination Manual

Jun 28, 2022 | Press Release
The Independent Community Bankers of America (ICBA) and other groups issued a joint white paper detailing why recent Consumer Financial Protection Bureau actions to expand its examination of banks for discrimination exceeds the bureau’s legal authority.

ICBA Statement on Committee Passage of the Close the ILC Loophole Act

Jun 23, 2022 | Press Release
ICBA and the nation’s community banks strongly support the Close the ILC Loophole Act (H.R. 5912) and thank Reps. Chuy Garcia (D-Ill.) and Lance Gooden (R-Texas) for introducing this important legislation.

ICBA, Groups Urge FDIC to Reconsider Reversal on Supervisory Appeals Office

Jun 22, 2022 | Press Release
The Independent Community Bankers of America (ICBA) and other groups called on the Federal Deposit Insurance Corp. to reconsider its decision to eliminate the Office of Supervisory Appeals (OSA) and reinstate the agency’s Supervision Appeals Review Committee (SARC).

ICBA Statement on FDIC Proposal to Raise Deposit Insurance Assessment Rates

Jun 21, 2022 | Press Release
ICBA and the nation’s community banks are closely reviewing today’s FDIC proposal to amend its Deposit Insurance Fund Restoration Plan by increasing deposit insurance assessment rates by 2 basis points on all insured depository institutions.