More Press Releases
Mar 20, 2020
The Independent Community Bankers of America today reminded consumers and community banking customers that their insured deposits are safe and backed by the full faith and credit of the federal government through the Federal Deposit Insurance Corp.
Mar 19, 2020
Consumer, Civil Rights Groups & Industry Urge FDIC: Halt Approval of Industrial Bank Applications, Close ILC Loopholes First
The Bank Policy Institute, Center for Responsible Lending (CRL), NAACP, The Leadership Conference on Civil and Human Rights, and Independent Community Bankers of America sent a letter to Federal Deposit Insurance Corporation (FDIC) Chairwoman Jelena McWilliams urging the agency not to approve deposit insurance applications submitted by industrial banks or industrial loan companies (ILC) until its ILC rulemaking is final.