ICBA and its 44 state affiliates this week called on senators to include the Access to Credit for our Rural Economy (ACRE) Act (S. 838) in the tax portion of the Senate reconciliation bill, noting it is bipartisan legislation that would reduce high loan interest costs for farmers, ranchers, and rural homeowners.
The Independent Community Bankers of America (ICBA) congratulated Federal Reserve Governor Michelle Bowman on today’s Senate vote confirming her ICBA-advocated nomination to serve as Fed vice chair for supervision.
ICBA and its 44 state affiliates called on senators to include the Access to Credit for our Rural Economy (ACRE) Act (S. 838) in the tax portion of the Senate reconciliation bill, noting it is bipartisan legislation that would reduce high loan interest costs for farmers, ranchers, and rural homeowners.
Acting Comptroller of the Currency Rodney Hood said the OCC wants to develop artificial intelligence guidance and tools that ensure that all banks can modernize and remain competitive.
Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America® (ICBA), has announced its seventh annual 40 Under 40: Community Bank Leaders list, recognizing the rising stars transforming community banking through innovation, leadership, and service.
This month’s Independent Banker magazine recognizes the seventh annual "40 Under 40" list of emerging community bankers who are making a difference in their communities.
The Consumer Financial Protection Bureau asked a federal court to vacate its 1033 rule on consumer data security and privacy, saying the rule is unlawful.
Senate Majority Leader John Thune (R-S.D.) moved to bring to a vote the nomination of Michelle Bowman to be the Federal Reserve’s vice chair for supervision.
After community bankers convened in Washington this month for Capital Summit, ICBA noted the inclusion of a modified version of the Access to Credit for our Rural Economy Act (ACRE - S. 838) in the House version of the reconciliation bill (H.R. 1) and urged senators to include ACRE in its version of reconciliation.
About 90% of smartphone users now use digital wallets regularly, offering opportunities for community banks to innovate and respond to customer expectations, according to the latest Independent Banker magazine.
The Treasury Department sanctioned Funnull Technology Inc., a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams, commonly known as “pig butchering.”
Community banks reported a 10% first-quarter increase in net income from the previous quarter and an 8.5% increase from the previous year, according to the FDIC’s latest Quarterly Banking Profile.
President Donald Trump said he is working to take Fannie Mae and Freddie Mac out of conservatorship while maintaining an implicit government guarantee on their obligations and securities.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after a new acquisition of a tax-paying community bank in Arizona by a tax-exempt credit union.
The numbers don’t lie: fraud losses are on the rise, with 61% of financial organizations reporting direct losses of over $500,000 in a 12-month period. In addition, 52% of mid-market organizations have pointed to an increase in attempted fraud events.
