Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Senate confirmation of President Donald Trump’s nomination of Luke Pettit to be Treasury assistant secretary for financial institutions.
ICBA released a briefing document outlining the key community banking provisions of the recently passed One Big Beautiful Bill Act budget reconciliation package (H.R. 1).
The OCC announced that it removed references for disparate impact liability from the “Fair Lending” booklet of the Comptroller’s Handbook, started removing references in other materials, and instructed examiners that they should no longer examine for disparate impact.
The federal banking agencies issued a joint statement to provide clarity on banks' engagement in cryptoasset-related activities, highlighting potential risk-management considerations related to holding cryptoassets on customers' behalf.
The federal banking agencies published a proposal to revise the FFIEC 031 call report and to extend the FFIEC 041 and FFIEC 051 call reports without revision.
In light of an increase in charter applications from nonbank digital asset firms, the Independent Community Bankers of America (ICBA) today urged the Office of the Comptroller of the Currency to keep in mind several key principles when considering such applications.
ICBA Payments, the payments-services subsidiary of the Independent Community Bankers of America (ICBA), today announced the election to its board of directors Corey Neil, president and CEO of The Bank of Tampa, and Josh Hogue, president and CEO of Reliabank in Watertown, S.D.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Senate confirmation of President Donald Trump’s nomination of Jonathan Gould to serve as comptroller of the currency.
Agriculture Secretary Brooke Rollins announced that farmers who suffered eligible crop losses due to natural disasters in 2023 and 2024 can apply for $16 billion in assistance through the Supplemental Disaster Relief Program.
While all participants in last month’s Federal Open Market Committee meeting supported holding steady on target interest rates, “a couple” of participants said they would be open to cutting rates as soon as the next meeting.
The OCC announced updates for certain notices and posters required by the Community Reinvestment Act, Equal Credit Opportunity Act, and Fair Housing Act.
Community bankers’ optimism on the future economy is holding steady, according to the Conference of State Bank Supervisors’ second-quarter Community Bank Sentiment Index.
TCM Bank, N.A., the credit card bank of ICBA Payments, announced the election of Jill Sung, president and CEO of Abacus Federal Savings Bank, to the TCM Bank Board of Directors. Jack Hartings, chairman of the Peoples Bank Co., continues as TCM Bank’s chairman.
The latest Independent Banker magazine details how community banks stepped up to help employees, customers, and neighbors after wildfires devastated areas of Southern California.
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in areas of Texas affected by flooding.