Washington, D.C. (Nov. 9, 2022) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on the 2022 elections.
“ICBA and the nation’s community bankers congratulate the winners of this week’s 2022 elections and look forward to working with them on the key policy issues affecting community banks and the communities they serve.
“As the nation’s bipartisan voice for nearly 5,000 community banks, ICBA remains dedicated to exclusively representing the nation’s community banking industry. We look forward to continuing our work with policymakers to support community banks, promote local economic growth, and keep credit flowing to consumers and small businesses in local communities nationwide.”
In conjunction with the congressional election results, ICBA today will issue its 2022 Election Analysis with insights on what the results will mean, and what's at stake, for community banks.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5.8 trillion in assets, over $4.8 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.