New ICBA video: Call for credit union hearings

Dec 3, 2021 | NewsWatch Today
ICBA released a new video distinguishing taxpaying community banks from tax-exempt credit unions.

ICBA 1071 campaign continues

Dec 3, 2021 | NewsWatch Today
ICBA this week began calling on community bankers to submit personalized comments on the Consumer Financial Protection Bureau’s proposal to implement Dodd-Frank Section 1071 collection and reporting requirements.

ICBA urges cannabis banking safe harbor in Senate defense bill

Dec 3, 2021 | NewsWatch Today
ICBA called on senators to support the inclusion of an ICBA-advocated cannabis banking safe harbor as an amendment to a pending defense authorization bill.

ICBA’s Romero Rainey, Paul Merski Named Top Lobbyists by The Hill

Dec 2, 2021 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski are featured on The Hill’s 2021 list of the top influencers in the nation.

Regulators update BSA/AML exam manual

Dec 2, 2021 | NewsWatch Today
The Federal Financial Institutions Examination Council updated its BSA/AML Examination Manual, which instructs examiners on assessing BSA/AML compliance.

Agencies adjust regulatory thresholds

Dec 2, 2021 | NewsWatch Today
Federal regulators announced 2022 updates to key regulatory thresholds.

Romero Rainey: Act now on 1071 proposal

Dec 2, 2021 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey called on community bankers to join the grassroots push on the Consumer Financial Protection Bureau’s 1071 proposal.

CFPB: Community banks charge lower overdraft fees

Dec 2, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau said community banks charge lower overdraft fees than larger institutions.

ICBA’s Independent Banker Names 2021 Best Community Banks to Work For

Dec 1, 2021 | Press Release
Independent Banker magazine today bestowed 2021 Best Community Banks to Work For honors upon five community banks for their exemplary efforts to create exceptional work environments for their employees.

ICBA, The Venture Center Announce 2022 ThinkTECH Accelerator Cohort

Nov 30, 2021 | Press Release
ICBA and The Venture Center, in partnership with the State of Arkansas, announced the selection of 11 companies for the fourth annual ICBA ThinkTECH Accelerator program, kicking off on Jan. 11, 2022.

ICBA launches comment letter campaign on 1071 proposal

Nov 30, 2021 | NewsWatch Today
ICBA is calling on community bankers to submit personalized comments on the Consumer Financial Protection Bureau’s proposal to implement Dodd-Frank Section 1071 collection and reporting requirements.

ICBA endorses HR. 6037, pushes back against SBA direct lending plan

Nov 30, 2021 | NewsWatch Today
ICBA continued its grassroots efforts against a provision under consideration in the Build Back Better reconciliation bill that would authorize the Small Business Administration from making direct loans under the 7(a) program.

CFPB issues annual threshold adjustment

Nov 30, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau raised the annual threshold adjustment maximum that consumer reporting agencies may charge consumers for making a file disclosure to a consumer under the Fair Credit Reporting Act.

Five Democratic senators oppose Omarova nomination: report

Nov 29, 2021 | NewsWatch Today
Five Democratic senators reportedly don't support Saule Omarova’s nomination to lead the Office of the Comptroller of the Currency, raising fresh doubts about her confirmation after ICBA and state community banks groups expressed opposition.

Cybersecurity advisory warns of holiday attacks

Nov 29, 2021 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency and FBI issued a cybersecurity reminder for public and private sector organizations to remain vigilant against ransomware and other cyberattacks during the holiday season.

Yellen, Powell testifying this week

Nov 29, 2021 | NewsWatch Today
Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell are scheduled to testify this week before the Senate Banking and House Financial Services committees.

OCC provides crypto guidance as agencies announce roadmap

Nov 24, 2021 | NewsWatch Today
Federal regulators said they plan to provide greater regulatory clarity on crypto-related activities next year, with the OCC issuing an interpretive letter with guidance on digital assets.

SBA office backs 1071 comment extension

Nov 24, 2021 | NewsWatch Today
The SBA Office of Advocacy expressed support for ICBA and state banking associations’ request that the Consumer Financial Protection Bureau extend the comment deadline on its proposal to implement Dodd-Frank Section 1071 collection and reporting requirements.

ICBA cautions FHFA on excessive credit risk transfer reliance

Nov 24, 2021 | NewsWatch Today
ICBA said it is largely supportive of proposed amendments to the Federal Housing Finance Agency’s final capital rule, though it cautioned the agency not to allow Fannie and Freddie to become overly reliant on credit risk transfers.

ICBA congratulates Powell, Brainard on Fed nominations

Nov 23, 2021 | NewsWatch Today
ICBA congratulated Federal Reserve Chairman Jerome Powell and Fed Governor Lael Brainard after President Joe Biden said he intends to nominate them for new terms at the agency.