May 03, 2022
Washington, D.C. (May 3, 2022) — The Independent Community Bankers of America (ICBA) today released its legislative and regulatory policy objectives for 2022 during the ICBA Capital Summit. Developed and approved by ICBA volunteer community bankers, these resolutions will guide ICBA advocacy in the coming year and reflect its unique mission of creating and promoting an environment where community banks flourish.
"Recent ICBA polling conducted by Morning Consult found that 76% of Americans say banking with a locally based financial institution is important when determining where to bank," said ICBA Chairman Brad Bolton, president and CEO of Community Spirit Bank in Red Bay, Ala. “These 2022 policy resolutions will continue to guide ICBA as we advocate on behalf of the nation’s community banks so they can continue helping their communities thrive."
Approved by ICBA’s Policy Development Committee and board of directors, which is made up of community bankers from coast to coast, ICBA’s policy resolutions are:
Promoting a balanced and competitive financial services landscape for American consumers and businesses by:
Advocating common-sense and appropriately tailored laws and regulations for community banks related to:
Championing fair and equitable access to the financial system related to:
Advancing responsible innovation related to:
Protecting the safety and soundness of the financial system related to:
Strengthening the community banking industry’s political voice through:
For more information, see ICBA’s complete 2022 Policy Resolutions.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding nearly $5.9 trillion in assets, over $4.9 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.