The Independent Community Bankers of America (ICBA) today released the results of a new data analysis demonstrating that the growth of tax-exempt credit unions acquiring tax-paying community banks is harming small businesses and local communities while community banks outperform credit unions in high-poverty areas.
The OCC issued two bulletins clarifying its policies on politicized or unlawful debanking in accordance with last month’s executive order on ensuring fair banking for all Americans.
ICBA said community bankers strongly support the role of the Financial Crimes Enforcement Network while recommending updates to beneficial ownership information collection and Bank Secrecy Act thresholds.
President Donald Trump signed into law the bipartisan Homebuyers Privacy Protection Act, ICBA-supported legislation that will help protect the financial privacy of mortgage applicants.
The Financial Crimes Enforcement Network issued guidance to encourage and promote appropriate, voluntary cross-border sharing of information between and among financial institutions, including appropriate foreign financial institutions.
The Securities and Exchange Commission announced the formation of a task force that it said will strengthen and enhance efforts to identify and combat cross-border fraud harming U.S. investors.
The Independent Community Bankers of America (ICBA) today applauded President Trump for signing into law the bipartisan Homebuyers Privacy Protection Act (H.R. 2808), which will help protect the financial privacy of mortgage applicants.
ICBA and other groups called on Congress to extend the Cybersecurity Information Sharing Act before its Sept. 30 expiration date, saying that failure to do so would impede public-private sector coordination during cyberattacks and weaken the nation’s cyber defenses.
The House Homeland Security Committee unanimously passed the Widespread Information Management for the Welfare of Infrastructure and Government Act (H.R. 5079), ICBA-supported legislation that aims to modernize and extend the Cybersecurity Information Sharing Act of 2015.
The Cybersecurity and Infrastructure Security Agency, National Security Agency, and 19 international partners released a software bill of materials for cybersecurity.
ICBA announced the winners of the 2025 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local communities.
The Independent Community Bankers of America (ICBA) today announced the winners of its 2025 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift local communities. Stories are featured in the September issue of ICBA's Independent Banker magazine.
The FDIC announced that it will evaluate potential discrimination under the Equal Credit Opportunity Act and Fair Housing Act only through evidence of disparate treatment.
Following the latest acquisition of a community bank by a tax-exempt credit union, ICBA said the deal demonstrates why the growing skepticism of credit union tax and regulatory exemptions must evolve into policymaker action.
The OCC announced a decrease in assessment rates for the Sept. 30 semiannual assessment that will apply to all OCC-regulated institutions—its fifth decrease in assessments since 2017.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the latest acquisition of a tax-paying community bank by a tax-exempt credit union.
ICBA urged Congress to reduce duplicative Gramm-Leach-Bliley Act requirements for community banks while modernizing the law to ensure nonbank entities are subject to equivalent consumer data privacy standards.
