The Consumer Financial Protection Bureau issued a circular affirming that banks might violate federal law if they unilaterally reopen a deposit account to process transactions after a consumer has already closed it.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Deposit Insurance Corporation proposed rule on special assessments for the resolutions of Silicon Valley Bank and Signature Bank of New York.
The Independent Community Bankers of America (ICBA) today expressed its strong support for the House introduction of the Access to Credit for our Rural Economy (ACRE) Act (H.R. 3139) to support farmers, ranchers, and rural homeowners.
The Independent Community Bankers of America (ICBA) today is reiterating its strong support for bipartisan, bicameral legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
ICBA President and CEO Rebeca Romero Rainey and ICBA Bancard President and CEO Tina Giorgio were again named to Washingtonian magazine’s list of the 500 Most Influential People in the nation’s capital.
ICBA called on the Consumer Financial Protection Bureau to withdraw its proposed rule on credit card fees for late payments, saying the proposed rule sends the wrong message that punctual credit card payments are not a significant priority.
The Independent Community Bankers of America (ICBA) today proposed a new USDA Express program to a Senate Agriculture subcommittee at a hearing focused on credit and risk management provisions in a new farm bill.