The Independent Community Bankers of America (ICBA) today issued the following statement on regulators’ proposed rulemaking on incentive-based compensation arrangements.

ICBA called on federal regulators to take meaningful action to address excessive regulatory burdens on community banks under the agencies’ latest Economic Growth and Regulatory Paperwork Reduction Act review.

Congress should oppose legislation to establish new credit card rules that would put more money in the pockets of big-box retailers while leaving consumers and community banks to foot the bill, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed.

The Financial Crimes Enforcement Network has received more than 1.7 million filings on beneficial ownership information since it began accepting reports from reporting companies at the beginning of this year, Director Andrea Gacki said.

The Independent Community Bankers of America (ICBA) today called on federal regulators to take meaningful action to address excessive regulatory burdens on community banks under the agencies’ latest review under the Economic Growth and Regulatory Paperwork Reduction Act, or EGRPRA.

The federal banking regulators released a guide for community banks on managing risk in third-party relationships.

The Federal Reserve Board requested comment on a proposal to expand the operating days of the Federal Reserve Banks' two large-value payments services.

Federal Reserve Governor Michelle Bowman said she expects inflation to remain elevated for “some time.”

The Federal Housing Finance Agency said the average single-family guarantee fee increased by 4 basis points to 61 basis points in 2022.

Federal banking regulators this week testified before Congress on agency proposals to update policies on bank mergers.

Independent Community Bankers of America President and CEO Rebeca Romero Rainey and ICBA Senior Executive Vice President, Chief of Government Relations and Public Policy Anne Balcer were named to Washingtonian magazine’s 500 Most Influential people feature.

Four Federal Home Loan Bank officials joined ICBA President and CEO Rebeca Romero Rainey for a fireside chat during the final session of ICBA’s Capital Summit.

Following the latest acquisition of a community bank by a tax-exempt credit union, ICBA issued a national news release calling on Congress to respond.

Colorado lawmakers blocked a community bank-opposed legislative provision that would permit credit union acquisitions of the state’s banks.

Fannie Mae and Freddie Mac published new Reconsideration of Value policies after collaborating with the Federal Housing Finance Agency and Federal Housing Administration.

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement following the latest acquisition of a tax-paying bank by a tax-exempt credit union.

At the 2024 ICBA Capital Summit, Rep. French Hill (R-Ark.) commended community bankers for their efforts to challenge misguided regulatory initiatives in support of local communities.

Tennessee Governor Bill Lee recently signed state legislation clarifying that the state’s banks may only be acquired by FDIC-insured institutions.

The founder of the world’s largest crypto exchange was sentenced to four months in prison after pleading guilty to Bank Secrecy Act, money-transmitting, and sanctions violations.

The U.K. community banker who inspired the Netflix hit “Bank of Dave” pledged to work with ICBA and U.S. community banks in support of proportional regulation.