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Press Releases

TCM Bank Announces New Board Appointments

Jul 1, 2022 | Press Release
TCM Bank, N.A., a subsidiary of ICBA Bancard, today announced that Jack Hartings, chairman of the Peoples Bank Co. in Coldwater, Ohio, and Kathy Underwood, president and CEO of Ledyard National Bank, in Hanover, N.H., were elected to the TCM Bank board of directors.

North Dakota Banker Named to ICBA Bancard Board of Directors

Jun 30, 2022 | Press Release
ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America, today announced that Sarah Getzlaff, CEO of Security First Bank of North Dakota in Bismarck, N.D. was elected to the ICBA Bancard board of directors.

ICBA Names Scott Marks as Assistant Vice President of Congressional Relations

Jun 30, 2022 | Press Release
The Independent Community Bankers of America today announced the hire of Scott Marks as assistant vice president of congressional relations.

ICBA Urges Policymakers to Consider Risks of Crypto, Central Bank Digital Currency

Jun 29, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on the Commerce Department to recognize the risks posed by digital assets — including a U.S. central bank digital currency — as policymakers consider a regulatory framework.

ICBA, Groups Urge CFPB to Rescind Revised Examination Manual

Jun 28, 2022 | Press Release
The Independent Community Bankers of America (ICBA) and other groups issued a joint white paper detailing why recent Consumer Financial Protection Bureau actions to expand its examination of banks for discrimination exceeds the bureau’s legal authority.

ICBA Statement on Committee Passage of the Close the ILC Loophole Act

Jun 23, 2022 | Press Release
ICBA and the nation’s community banks strongly support the Close the ILC Loophole Act (H.R. 5912) and thank Reps. Chuy Garcia (D-Ill.) and Lance Gooden (R-Texas) for introducing this important legislation.

ICBA, Groups Urge FDIC to Reconsider Reversal on Supervisory Appeals Office

Jun 22, 2022 | Press Release
The Independent Community Bankers of America (ICBA) and other groups called on the Federal Deposit Insurance Corp. to reconsider its decision to eliminate the Office of Supervisory Appeals (OSA) and reinstate the agency’s Supervision Appeals Review Committee (SARC).

ICBA Statement on FDIC Proposal to Raise Deposit Insurance Assessment Rates

Jun 21, 2022 | Press Release
ICBA and the nation’s community banks are closely reviewing today’s FDIC proposal to amend its Deposit Insurance Fund Restoration Plan by increasing deposit insurance assessment rates by 2 basis points on all insured depository institutions.

ICBA Provides Tips for Preventing Elder Financial Abuse

Jun 14, 2022 | Press Release
June 15 is World Elder Abuse Awareness Day, and the Independent Community Bankers of America and its Senior Housing Crime Prevention Foundation subsidiary are providing tips for preventing the disturbing trend of elder financial abuse.

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 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, 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.

Statement on Confirmation of Sandra Thompson for FHFA Director

May 25, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on the Senate confirmation of Sandra Thompson for Federal Housing Finance Agency director.

Joey Arnone Named ICBA Director of Product Strategy

May 24, 2022 | Press Release
ICBA today announced the hire of Joey Arnone as director of product strategy for vendor relations. In this new role he will analyze key bank performance indicators to identify relevant products and services that address the evolving financial services needs of community bank customers.

ICBA Opposes U.S. Central Bank Digital Currency

May 20, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today expressed its opposition to the establishment of a U.S. central bank digital currency.

ICBA Statement on FDIC Restoration of Supervision Appeals Review Committee

May 19, 2022 | Press Release
ICBA President and CEO Rebeca Romero Rainey issued the following statement after the FDIC board of directors voted to restore the agency’s Supervision Appeals Review Committee and amend the January 2021 Guidelines for Appeals of Material Supervisory Determinations, which had created an independent Office of Supervisory Appeals.

Financial Trades Support Modified SEC Cyber Incident Disclosure Proposal to Aid Law Enforcement and Support Remediation Efforts

May 10, 2022 | Press Release
ICBA, American Bankers Association, Bank Policy Institute, and Mid-Size Bank Coalition of America commented late yesterday on a SEC proposal that would implement new requirements for financial institutions to disclose material cyber incidents, as well as cybersecurity risk management, strategy and governance.

ICBA Statement on Proposal to Modernize Community Reinvestment Act Framework

May 5, 2022 | Press Release
ICBA President and CEO Rebeca Romero Rainey released the following statement on today’s interagency proposed rule to modernize Community Reinvestment Act regulations.