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Press Releases

ICBA Strongly Opposes Gooden-Welch Credit Card Bill

Sep 20, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House introduction of the Credit Card Competition Act.

As Feds Report on Digital Assets, New ICBA Polling Points to Consumer Skepticism with Crypto, CBDC

Sep 17, 2022 | Press Release
The Independent Community Bankers of America (ICBA) released new polling conducted by Morning Consult indicating consumers support a regulatory framework for digital assets and are skeptical of the creation of a U.S. central bank digital currency.

ICBA ThinkTECH Accelerator Alumni LemonadeLXP, Quilo Win “Best of Show” Honors at Finovate Fall 2022

Sep 16, 2022 | Press Release
The Independent Community Bankers of America (ICBA) and The Venture Center celebrate this year’s Finovate Fall 2022 Best of Show winners, LemonadeLXP and Quilo, both of which were members of the 2022 ICBA ThinkTECH Accelerator cohort.

FDIC Second-Quarter Deposit Data Show Proposed Assessment Rate Hike Not Needed

Sep 8, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the FDIC’s latest Quarterly Banking Profile.

ICBA Statement on Federal Home Loan Bank Review

Sep 6, 2022 | Press Release
ICBA statement on the Federal Housing Finance Agency’s comprehensive review of the Federal Home Loan Bank System.

ICBA: Two-Thirds of Voters Support Cannabis Banking Access

Sep 2, 2022 | Press Release
Two-thirds of voters (65%) support allowing cannabis-related businesses to have access to banking services in states where cannabis is legal, the Independent Community Bankers of America (ICBA) announced.

ICBA Shares Financial Preparedness Tips for Consumers During National Preparedness Month in September

Sep 1, 2022 | Press Release
In recognition of National Preparedness Month in September, the Independent Community Bankers of America (ICBA) and the nation’s community bankers are reminding Americans to create a plan to ease their worries and speed their financial recovery in the wake of a natural disaster.

ICBA Names 2022 National Community Bank Service Awards Winners

Aug 31, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced the winners of its 2022 National Community Bank Service Awards, which celebrate the outstanding service and creative volunteer efforts of the nation’s community banks. Stories are featured in the September issue of ICBA Independent Banker.

ICBA Opposes FDIC’s One-Size-Fits-All Hike in Deposit Insurance Assessment Rates

Aug 19, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on the FDIC to reconsider its proposal to dramatically increase the rates banks pay to fund the nation’s deposit insurance system, which would disproportionately affect community banks.

ICBA Urges FDIC to Reject Ford Bank Application

Aug 19, 2022 | Press Release
ICBA today called on the FDIC to reject the deposit insurance application of Ford Credit Bank as an industrial loan company, or ILC, which would allow the company to skirt regulatory oversight and violate U.S. policy separating banking and commerce.

ICBA Announces Close of First BankTech Ventures Investment Fund

Aug 16, 2022 | Press Release
The Independent Community Bankers of America (ICBA) announced the closing of the BankTech Ventures Fund, which raised more than $115 million in committed capital in its first fund to accelerate technology opportunities and adoption at community banks.

ICBA Urges Policymakers to Prioritize National Security in New Crypto Rules

Aug 9, 2022 | Press Release
The Independent Community Bankers of America (ICBA) told the Treasury Department that policymakers developing new rules for cryptocurrency should prioritize protecting national security amid catastrophic developments in the crypto markets this year.

ICBA: Uniform Community Reinvestment Act Rule Should Minimize Burdens on Community Banks

Aug 5, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on federal banking regulators to issue a uniform final rule on Community Reinvestment Act modernization that minimizes new data collection and reporting burdens for community banks.

Trades Petition CFPB to Ensure Data Aggregation Services Market is Fair, Transparent and Competitive

Aug 2, 2022 | Press Release
Eight national trade groups petitioned the Consumer Financial Protection Bureau to initiate a rulemaking that will strengthen the privacy and security of consumer financial data held by fintechs, Big Tech and data aggregators.

Financial Services Industry United in Opposition to Marshall-Durbin Credit Routing Legislation

Jul 28, 2022 | Press Release
Today nine trade associations representing the financial services industry released the following joint statement opposing announced legislation by Senator Roger Marshall (R-KS) and Senator Dick Durbin (D-IL) creating new credit card routing mandates that fall disproportionately on card issuing credit unions and community banks.

TCM Bank Names William Weeks Chief Information Officer

Jul 26, 2022 | Press Release
TCM Bank, N.A., the credit card bank of ICBA Bancard, which is the payments services subsidiary of the Independent Community Bankers of America (ICBA), today announced the hire of William Weeks as chief information officer.

ICBA Names Andrew Hipolit Assistant Vice President, Financial Policy, Research and Advocacy

Jul 22, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced that Andrew Hipolit has joined its government relations team as assistant vice president, financial policy, research, and advocacy.

ICBA Statement on Confirmation of Michael Barr for Fed Vice Chair of Supervision

Jul 14, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Michael Barr’s confirmation for Federal Reserve vice chair of supervision.

ICBA Services Network Announces New Members to Board of Directors

Jul 14, 2022 | Press Release
ICBA Services Network today announced that Thomas E. Bates Jr.; G. Scott McComb, and Noah Wilcox were elected to the ICBA Services Network board of directors.

CRA Partners/USI Alliance Names Ohio Community Banker New Chairman

Jul 14, 2022 | Press Release
CRA Partners/USI Alliance, an ICBA subsidiary, today announced the election of G. Scott McComb, chairman, president and CEO of Heartland Bank in Whitehall, Ohio, as chairman of the USI Alliance board of directors.