A wholesale central bank digital currency could enable faster, simultaneous, and safer cross-border payments, according to a new report from the Federal Reserve Bank of New York and the Monetary Authority of Singapore.
ICBA today told Congress that the Small Business Administration should pause new rules lifting the moratorium on the number of non-federally regulated institutions, including nonbank fintech companies, that can make loans under its 7(a) program.
ICBA today released its legislative and regulatory policy objectives for 2023 during the ICBA Capital Summit. Developed and approved by ICBA volunteer community bankers, these resolutions will guide ICBA advocacy in the coming year and reflect its unique mission of creating and promoting an environment where community banks flourish.
The Independent Community Bankers of America (ICBA) today is kicking off the 2023 ICBA Capital Summit in Washington with the release of new national and state-level polling data showing Americans in all 50 states have an increasingly favorable view of community banking.
The Consumer Financial Protection Bureau issued a circular affirming that banks might violate federal law if they unilaterally reopen a deposit account to process transactions after a consumer has already closed it.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Deposit Insurance Corporation proposed rule on special assessments for the resolutions of Silicon Valley Bank and Signature Bank of New York.
The Independent Community Bankers of America (ICBA) today expressed its strong support for the House introduction of the Access to Credit for our Rural Economy (ACRE) Act (H.R. 3139) to support farmers, ranchers, and rural homeowners.