Hsu: CRA update supports MDIs, CDFIs

Jun 10, 2022 | NewsWatch Today
The proposed update to Community Reinvestment Act regulations incentivizes banks to support minority depository institutions and community development financial institutions, Acting Comptroller of the Currency Michael Hsu said.

ICBA continues blog series on stablecoin collapse

Jun 10, 2022 | NewsWatch Today
ICBA continued its new series of blog posts on the collapse of the TerraUSD stablecoin and its broader impact.

ICBA leading push on ILC, overdraft, credit union bills

Jun 9, 2022 | NewsWatch Today
With several key community banking policy issues coming up for a vote in the coming days, ICBA is urging community bankers to speak out while it engages lawmakers in Washington.

ICBA, state associations urge passage of cannabis safe harbor

Jun 9, 2022 | NewsWatch Today
ICBA and a coalition of 44 state community banking associations urged Congress to include a cannabis banking safe harbor in the America COMPETES Act conference report.

CFPB terminates Upstart no-action letter

Jun 9, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau said it terminated Upstart Network from its list of approved “no-action letters” at Upstart’s request.

ICBA, State Associations Urge COMPETES Act Conference to Retain House-Passed SAFE Banking Act

Jun 8, 2022 | Press Release
The Independent Community Bankers of America and a coalition of 44 state community banking associations today called on Congress to include in the America COMPETES Act conference report legislation establishing a cannabis banking safe harbor.

ICBA Names Community Banker and Former Regulator Anne Balcer as New Head of Government Relations

Jun 6, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today announced that Anne Balcer, executive vice president, general counsel and internal auditor for Forbright Bank, formerly Congressional Bank, in Chevy Chase, Md., will succeed ICBA Senior Executive Vice President of Government Relations and Public Policy Karen Thomas following her retirement in July.

ICBA: FDIC framework could pose unintended consequences for community businesses

Jun 6, 2022 | NewsWatch Today
ICBA wrote to the FDIC to share its concerns with the agency’s proposed climate risk management framework for large banks, which could limit and discourage financial institutions from doing otherwise lawful business with climate-disfavored industries.

Grassroots push on credit union bill continues

Jun 6, 2022 | NewsWatch Today
ICBA continues calling on community bankers to urge their lawmakers to oppose legislation that would expand credit unions’ fields of membership and commercial lending powers.

Blog: Expanding interchange price control puts fraud protections at risk

Jun 6, 2022 | NewsWatch Today
Misguided efforts by “big box” merchants seeking to extend debit card interchange price controls to the credit card market jeopardize investments in protections and security that defend cardholders from criminal activity and undermine trust in the banking system, writes ICBA’s Deborah Matthews Phillips in a new blog post.

ICBA Offers Tips to Help Simplify the Home Buying Process

Jun 3, 2022 | Press Release
In recognition of National Homeownership Month in June, the Independent Community Bankers of America and the nation’s community banks encourage consumers to consult their local community bank to learn about available programs that make financing a mortgage or refinancing an existing home easier and more affordable.

ICBA and 44 State Banking Associations Express Concern Over Proposal That May Choke Off Credit to Legal Businesses

Jun 3, 2022 | Press Release
ICBA and 44 state banking associations, strongly urged the Federal Deposit Insurance Corporation’s (FDIC) not to allow its proposed statement of principles on climate-risk management for large banks to limit and discourage financial institutions from doing otherwise lawful business with climate-disfavored industries.

ICBA, state groups express concerns over climate risk management framework

Jun 3, 2022 | NewsWatch Today
ICBA and 44 state banking groups wrote to the FDIC to express concerns that the agency’s proposed climate risk management framework for large banks could “choke off” lawful but climate-disfavored industries from the banking system.

FDIC climate comment letters due today

Jun 3, 2022 | NewsWatch Today
Today is the deadline for community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

Compensation survey deadline extended

Jun 3, 2022 | NewsWatch Today
The deadline to participate in the 2022 Crowe Financial Institutions Compensation and Benefits Survey has been extended to June 10.

ICBA, Independent Banker Honor Community Bank Emerging Leaders in Annual 40 under 40 List

Jun 1, 2022 | Press Release
Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), announced its 40 Under 40: Emerging Community Bank Leaders.

FDIC climate comment letters due this week

May 31, 2022 | NewsWatch Today
Community bankers have until this Friday, June 3, to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial institutions.

USDA B&I loan program funding running out

May 31, 2022 | NewsWatch Today
The USDA told Business and Industry Guaranteed Loan Program stakeholders that it has discontinued allocating funds on an as-requested basis because the program is running low on authorized funding.

SEC, CFTC leaders propose joint crypto roundtables

May 31, 2022 | NewsWatch Today
Securities and Exchange Commission and Commodity Futures Trading Commission officials called on their agencies to hold joint roundtables to consider regulations governing digital assets.

Lawmakers echo ICBA’s CBDC concerns during hearing

May 27, 2022 | NewsWatch Today
Members of Congress from both parties raised concerns about the impact of a U.S. central bank digital currency on community banks after ICBA told lawmakers it opposes the digital dollar.