After a credit union in California leveraged its asset size and tax exemption to acquire a community bank, ICBA reiterated its call for policymakers to end the federal tax exemption for credit unions with $1 billion or more in assets.
The House Financial Services Committee passed ICBA-supported legislation to provide regulatory relief to certain community banks, with additional votes on ICBA-advocated legislation slated for today.
ICBA urged the Consumer Financial Protection Bureau to move its TRID Sandbox Project forward with a modified TILA-RESPA Integrated Disclosure (TRID) form developed by ICBA.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after a new acquisition of a taxpaying community bank in California by a tax-exempt credit union with assets exceeding $1 billion.
A new blog post from ICBA President and CEO Rebeca Romero Rainey details what’s in the recently signed GENIUS Act stablecoin law and what it means for community banks.
The ICBA Foundation Disaster Relief Program in coordination with the Independent Bankers Association of Texas is requesting tax-deductible donations to assist community banks and employees affected by recent flooding in as.
The House Financial Services Committee today kicks off a two-day markup of various banking bills, including several ICBA-advocated regulatory reform measures.
President Donald Trump signed into law the GENIUS Act, which establishes a regulatory framework for payment stablecoins. The bill signing follows a House vote last week of 308-122 to pass the GENIUS Act following Senate passage last month.
Sens. Katie Britt (R-Ala.) and John Boozman (R-Ark.) introduced legislation to shield community banks from the Consumer Financial Protection Bureau’s Section 1071 small-business reporting rule.
ICBA and other groups told the OCC that recent national bank charter applications raise substantial concerns and urged the OCC to postpone considering the applications.
The Independent Community Bankers of America® (ICBA) today announced that Loughlin Cleary has rejoined the organization as executive vice president, member relations. In this role, Cleary will lead ICBA’s nationwide member relations team, working to strengthen relationships with community banks and ensure they are well-connected to ICBA’s advocacy, innovation, and education initiatives.
ICBA CRA Solutions/USI Alliance, an ICBA subsidiary, today announced the election to its board of directors Shon Myers, president and CEO of Farmers & Merchants Bank in Miamisburg, Ohio, and Andrew Tinberg, president and CEO of CNB Bank and Trust N.A., in Carlinville, Ill.
The House of Representatives passed three bills designed to establish stablecoin and digital asset regulatory frameworks and prohibit the United States from issuing a central bank digital currency.
The latest Independent Banker magazine spotlights efforts by nontraditional financial companies to get access to Federal Reserve master accounts and why ICBA is working to protect access to these accounts.
The Federal Housing Administration shared that the Presidentially-Declared Major Disaster Area declaration in Texas issued on July 6 due to the recent catastrophic flooding across the state was updated to include additional counties.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on House passage of the GENIUS Act (S. 1582), the CLARITY Act (H.R. 3633), and the Anti-CBDC Surveillance State Act (H.R. 1919).
ICBA testified before Congress on the importance of community banks to the nation’s agriculture credit markets and how policymakers can enhance the new farm bill.
Federal bank regulatory agencies issued a joint proposal to rescind the Community Reinvestment Act final rule issued in October 2023 and replace it with the prior CRA regulations after the FDIC board of directors advanced the proposal earlier this week.
The Independent Community Bankers of America (ICBA) today testified before Congress on the importance of community banks to the nation’s agriculture credit markets and how policymakers can enhance the new farm bill.
