ICBA, state groups to FDIC: Withdraw corporate governance proposal

Feb 12, 2024 | NewsWatch Today
ICBA and state community banking associations expressed strong opposition to the FDIC’s proposed corporate governance and risk management guidelines for covered institutions with $10 billion or more in assets.

ICBA, groups urge VA to streamline home loan program

Feb 12, 2024 | NewsWatch Today
ICBA and other groups called on the Department of Veterans Affairs to align the minimum property requirements under its Home Loan Guaranty Program with the standards established by Fannie Mae and Freddie Mac.

ICBA continues grassroots push on several bills

Feb 12, 2024 | NewsWatch Today
ICBA is calling on community bankers to use its Be Heard grassroots action center to urge Congress to support several pro-community bank bills.

Welcome Our Newest Field Rep, Ayana Bass-Myers

Feb 12, 2024 | News
Please join us in welcoming our newest field rep, Ayana Bass-Myers. Ayana will be serving Maryland, Delaware, Washington DC, Pennsylvania, Virginia, and West Virginia.

ICBA Extends Multiyear Deal with Endorsed Broker-Dealer Stifel for Community Bank Portfolio Services

Feb 9, 2024 | Press Release
The Independent Community Bankers of America (ICBA) announced a multiyear deal with Stifel to continue offering investment products and services to community banks through a partnership with ICBA’s broker-dealer subsidiary, ICBA Securities® Inc.

Due today: Comment letters opposing corporate governance proposal

Feb 9, 2024 | NewsWatch Today
ICBA is urging community bankers to send letters to the FDIC by today’s deadline opposing proposed guidelines to establish new corporate governance and risk management standards.

ICBA-advocated ‘trigger leads’ bill introduced in House

Feb 9, 2024 | NewsWatch Today
The House version of bipartisan legislation designed to help protect the financial privacy of mortgage applicants was introduced Thursday.

ICBA continues hearing push following latest credit union acquisition

Feb 9, 2024 | NewsWatch Today
ICBA continued its calls for Congress to investigate credit union acquisitions of tax-paying community banks following another new acquisition.

USDA projects ag income decline amid farm bill talks

Feb 9, 2024 | NewsWatch Today
The USDA is projecting further sharp declines in farm-sector income in 2024, which could have implications for ongoing farm bill negotiations.

Study: Credit card routing bill would harm small businesses

Feb 8, 2024 | NewsWatch Today
ICBA-opposed legislation to impose credit card routing restrictions would disproportionately benefit the nation’s top five businesses and put small retailers at a further competitive disadvantage, according to a new study.

Due tomorrow: Comment letters opposing corporate governance proposal

Feb 8, 2024 | NewsWatch Today
ICBA is urging community bankers to send letters to the FDIC by tomorrow’s deadline opposing proposed guidelines to establish new corporate governance and risk management standards.

ICBA to FTC: Exclude community banks from fee rulemaking

Feb 8, 2024 | NewsWatch Today
ICBA urged the Federal Trade Commission to explicitly exclude community banks from a proposed rule requiring commercial businesses to include all mandatory fees when advertising their prices.

Treasury details crypto risks to terrorist, proliferation financing

Feb 8, 2024 | NewsWatch Today
New Treasury Department reports spotlight the role of digital assets in terrorism and proliferation financing.

ICBA urging letters on corporate governance proposal

Feb 7, 2024 | NewsWatch Today
ICBA is calling on community bankers to send letters to the FDIC opposing proposed guidelines to establish new corporate governance and risk management standards.

As agencies launch reg review, ICBA urges meaningful results

Feb 7, 2024 | NewsWatch Today
With the federal banking agencies launching their latest regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, ICBA urged the agencies to advance more meaningful relief than they have enacted under previous reviews.

Credit union regulator: lack of third-party oversight ‘Achilles’ heel’

Feb 7, 2024 | NewsWatch Today
National Credit Union Administration Chairman Todd Harper said his agency’s lack of oversight of credit union service organizations is an Achilles’ heel for the credit union system.

Yellen calls for federal floor on stablecoin regulations

Feb 7, 2024 | NewsWatch Today
While federal agencies have some regulatory authority to oversee digital assets, Congress should develop a framework to close gaps in oversight, Treasury Secretary Janet Yellen told the House Financial Services Committee.

ICBA Urges Federal Banking Agencies to Ensure Meaningful Regulatory Review

Feb 6, 2024 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the start of the interagency review of federal banking regulations under the Economic Growth and Regulatory Paperwork Reduction Act.

ICBA, groups file lawsuit against CRA final rule

Feb 6, 2024 | NewsWatch Today
ICBA, the Independent Bankers Association of Texas, Texas Bankers Association, Amarillo Chamber of Commerce, American Bankers Association, U.S. Chamber of Commerce, and Longview Chamber of Commerce filed a lawsuit against the federal banking regulators for exceeding their statutory authority with their recent Community Reinvestment Act final rule.

Lawmakers urge House hearing on Navy Federal lending practices

Feb 6, 2024 | NewsWatch Today
House Financial Services Ranking Member Maxine Waters (D-Calif.) and other Democratic committee members urged Chairman Patrick McHenry (R-N.C.) to hold a hearing on reports of discriminatory lending at Navy Federal Credit Union.