Durbin announces hearing on credit card routing bill

Feb 14, 2024 | NewsWatch Today
With Senate Judiciary Committee Chair Dick Durbin (D-Ill.) announcing a hearing on ICBA-opposed legislation to impose credit card routing restrictions, ICBA is calling on community bankers to urge their members of Congress to oppose the bill.

ICBA seeking referrals for seventh ThinkTECH Accelerator

Feb 14, 2024 | NewsWatch Today
ICBA is now accepting applications for its seventh ThinkTECH Accelerator program, which promotes growth-stage companies that serve or wish to serve community banks and their customers.

FinCEN proposes BSA standards for investment advisers

Feb 14, 2024 | NewsWatch Today
The Financial Crimes Enforcement Network issued a proposed rule to add investment advisers to the list of businesses classified as “financial institutions” under the Bank Secrecy Act.

ICBA supports bill to coordinate FinCEN rulemakings

Feb 14, 2024 | NewsWatch Today
ICBA today is calling on Congress to advance legislation to coordinate and strengthen recent Financial Crimes Enforcement Network anti-money laundering rulemakings.

ICBA seeking referrals for seventh ThinkTECH Accelerator

Feb 13, 2024 | NewsWatch Today
ICBA is now accepting applications for its seventh ThinkTECH Accelerator program, which promotes growth-stage companies that serve or wish to serve community banks and their customers.

Op-ed: Credit union CRA exemption helped sink Navy Federal

Feb 13, 2024 | NewsWatch Today
Had Navy Federal Credit Union been subject to the Community Reinvestment Act, it might have avoided reputation disaster with reports of its discriminatory lending, according to a new op-ed.

Agency council issues exam principles on valuation discrimination

Feb 13, 2024 | NewsWatch Today
The Federal Financial Institutions Examination Council issued a statement of principles related to valuation discrimination and bias for member agencies to consider when examining financial institutions.

Fed’s Bowman urges fair rules for community banks

Feb 13, 2024 | NewsWatch Today
Fairness for community banks often appears to be a non-factor when considering which proposals make the regulatory agenda, Federal Reserve Governor Michelle Bowman said.

ICBA files protest of largest-ever credit union bank acquisition

Feb 12, 2024 | NewsWatch Today
ICBA filed a Community Reinvestment Act protest in the acquisition of First Financial Northwest Bank in Renton, Wash., by Global Credit Union of Anchorage, Alaska. If approved, it would be the largest credit union acquisition of a community bank.

ICBA, state groups to FDIC: Withdraw corporate governance proposal

Feb 12, 2024 | NewsWatch Today
ICBA and state community banking associations expressed strong opposition to the FDIC’s proposed corporate governance and risk management guidelines for covered institutions with $10 billion or more in assets.

ICBA, groups urge VA to streamline home loan program

Feb 12, 2024 | NewsWatch Today
ICBA and other groups called on the Department of Veterans Affairs to align the minimum property requirements under its Home Loan Guaranty Program with the standards established by Fannie Mae and Freddie Mac.

ICBA continues grassroots push on several bills

Feb 12, 2024 | NewsWatch Today
ICBA is calling on community bankers to use its Be Heard grassroots action center to urge Congress to support several pro-community bank bills.

Welcome Our Newest Field Rep, Ayana Bass-Myers

Feb 12, 2024 | News
Please join us in welcoming our newest field rep, Ayana Bass-Myers. Ayana will be serving Maryland, Delaware, Washington DC, Pennsylvania, Virginia, and West Virginia.

ICBA Extends Multiyear Deal with Endorsed Broker-Dealer Stifel for Community Bank Portfolio Services

Feb 9, 2024 | Press Release
The Independent Community Bankers of America (ICBA) announced a multiyear deal with Stifel to continue offering investment products and services to community banks through a partnership with ICBA’s broker-dealer subsidiary, ICBA Securities® Inc.

Due today: Comment letters opposing corporate governance proposal

Feb 9, 2024 | NewsWatch Today
ICBA is urging community bankers to send letters to the FDIC by today’s deadline opposing proposed guidelines to establish new corporate governance and risk management standards.

ICBA-advocated ‘trigger leads’ bill introduced in House

Feb 9, 2024 | NewsWatch Today
The House version of bipartisan legislation designed to help protect the financial privacy of mortgage applicants was introduced Thursday.

ICBA continues hearing push following latest credit union acquisition

Feb 9, 2024 | NewsWatch Today
ICBA continued its calls for Congress to investigate credit union acquisitions of tax-paying community banks following another new acquisition.

USDA projects ag income decline amid farm bill talks

Feb 9, 2024 | NewsWatch Today
The USDA is projecting further sharp declines in farm-sector income in 2024, which could have implications for ongoing farm bill negotiations.

Study: Credit card routing bill would harm small businesses

Feb 8, 2024 | NewsWatch Today
ICBA-opposed legislation to impose credit card routing restrictions would disproportionately benefit the nation’s top five businesses and put small retailers at a further competitive disadvantage, according to a new study.

Due tomorrow: Comment letters opposing corporate governance proposal

Feb 8, 2024 | NewsWatch Today
ICBA is urging community bankers to send letters to the FDIC by tomorrow’s deadline opposing proposed guidelines to establish new corporate governance and risk management standards.