ICBA, state affiliates urge Senate to include ACRE Act in tax bill

Jun 5, 2025 | NewsWatch Today
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.

ICBA Congratulates Michelle Bowman on Confirmation as Federal Reserve Vice Chair for Supervision

Jun 4, 2025 | Press Release
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, state affiliates urge Senate to include ACRE Act in tax bill

Jun 4, 2025 | NewsWatch Today
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.

Hood: OCC seeking community bank input on AI

Jun 4, 2025 | NewsWatch Today
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.

Fed lifts growth restriction on Wells Fargo

Jun 4, 2025 | NewsWatch Today
The Federal Reserve announced that Wells Fargo is no longer subject to the asset-growth restriction from its enforcement action against the bank.

Independent Banker Magazine Unveils 2025 “40 Under 40: Community Bank Leaders”

Jun 3, 2025 | Press Release
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.

Independent Banker highlights 40 under 40

Jun 3, 2025 | NewsWatch Today
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.

CFPB seeks to vacate ‘unlawful’ 1033 rule

Jun 3, 2025 | NewsWatch Today
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 moves to bring Bowman nomination to a vote

Jun 3, 2025 | NewsWatch Today
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.

Nominations open for Best Community Banks to Work For awards

Jun 2, 2025 | NewsWatch Today
ICBA’s Independent Banker magazine opened nominations for its 2025 Best Community Banks to Work For awards, sponsored by FIS.

Treasury seeks input on modernizing payments

Jun 2, 2025 | NewsWatch Today
The Treasury Department announced it is seeking public input on its plans to transition federal disbursements to electronic payments.

After lobbying success at Capital Summit, ICBA continues ACRE push in Senate

Jun 2, 2025 | NewsWatch Today
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.

Independent Banker shares point-of-sale tips for community bankers

May 30, 2025 | NewsWatch Today
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.

Treasury sanctions Philippines-based company for cyber scams

May 30, 2025 | NewsWatch Today
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.”

Agencies sunsetting cybersecurity tool in August

May 30, 2025 | NewsWatch Today
ICBA is reminding community bankers that federal regulators’ Cybersecurity Assessment Tool is scheduled to sunset on Aug. 31.

Community bank net income increases in Q1

May 29, 2025 | NewsWatch Today
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.

ICBA: Latest credit union acquisition shows need for policy action

May 29, 2025 | NewsWatch Today
After a new acquisition of a tax-paying community bank in Arizona by a tax-exempt credit union, ICBA said the need for policymaker action is urgent.

Trump vows to end GSE conservatorship

May 29, 2025 | NewsWatch Today
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.

New Credit Union Acquisition of Community Bank Underscores Need for Policy Action

May 28, 2025 | Press Release
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.

Combating Fraud: One Attack at a Time

May 28, 2025 | Payments Pulse
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.