ICBA is calling on community bankers to contact their members of Congress after legislation to allow large merchants to expand the power of the federal government to intervene in the U.S. credit card market was reintroduced in the Senate.
The FDIC said it projects that the Deposit Insurance Fund reserve ratio remains on track to reach the statutory minimum of 1.35% ahead of the statutory deadline of Sept. 30, 2028.
The FDIC board of directors approved the rescission of the agency’s 2024 Statement of Policy on Bank Merger Transactions and the reinstatement of its statement of policy in effect prior to 2024.
ICBA thanks the more than 500 community bank advocates who visited congressional offices during last week’s ICBA Capital Summit to advocate for the industry’s top policy priorities.
The Consumer Financial Protection Bureau issued an interim final rule ending protections for mortgagors experiencing hardships due to the COVID-19 pandemic.
ICBA last week met with Treasury officials as the department works to transition from paper checks to electronic payments for all federal disbursements and receipts.
ICBA called on Senate Finance Committee leaders to include the Access to Credit for our Rural Economy Act (S. 838) in the tax portion of the Senate reconciliation bill.
ICBA PAC is hosting its 20th Annual Golf Classic on June 16 at the Minneapolis Golf Club in St. Louis Park, Minn. Lodging at the Minneapolis Marriott West is available June 15-17 and rooms must be reserved today.
The latest Independent Banker magazine explains how fraudsters try to capitalize on people’s vulnerability and generosity following a natural disaster.
New research from the University of Miami says legislation that would allow large merchants to route credit card transactions on the network that is least costly to them would have a disproportionate impact on small financial institutions.
The Consumer Financial Protection Bureau withdrew its proposed rule on data broker practices (Regulation V), calling it unnecessary or appropriate at this time.
House Financial Services Committee Chairman French Hill (R-Ark.) told community bankers at the ICBA Capital Summit that he considers his panel the “access-to-capital committee.”
Rep. Randy Feenstra (R-Iowa) called on ICBA Capital Summit attendees to encourage their members of Congress to add the Access to Credit for our Rural Economy (ACRE) Act to the Senate version of the tax reconciliation bill.
Deputy Treasury Secretary Michael Faulkender told community bankers at the ICBA Capital Summit that Trump administration tax priorities pending in Congress would support community banks and local communities.
Rep. Byron Donalds (R-Fla.) told ICBA Capital Summit attendees that supporting community banking is not a partisan issue—it's a common-sense approach to helping small businesses thrive and support the economy.
ICBA President and CEO Rebeca Romero Rainey told community bankers gathered in Washington that community banks are the reason that the U.S. has more small businesses than anywhere else in the world.
The House Ways and Means Committee’s “One, Big, Beautiful Bill” legislative package includes many ICBA-advocated tax policies, ICBA said in a national news release.