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Press Releases

ICBA Brief Backs Legal Challenge to OCC Fintech Charter

Jul 31, 2020 | Press Release
The Independent Community Bankers of America filed a friend-of-the-court brief supporting the New York Department of Financial Services lawsuit challenging the Office of the Comptroller of the Currency's special-purpose national bank charter for fintech companies.

ICBA Reinsurance Announces New Board Member

Jul 30, 2020 | NewsWatch Today | Press Release
ICBA Reinsurance, the captive reinsurance company of the Independent Community Bankers of America, today announced that William Loving, president and CEO of Pendleton Community Bank Inc. in Franklin, West Virginia, was elected to the ICBA Reinsurance board of directors.

Banking and Consumer Groups Call on Congress to Close ILC Loophole

Jul 29, 2020 | Press Release
The Bank Policy Institute, Center for Responsible Lending and Independent Community Bankers of America today urged Congress to impose a three-year moratorium on industrial loan company licensing applications.

ICBA Securities Announces New Board Member

Jul 28, 2020 | Press Release
ICBA Securities, the broker-dealer subsidiary of the Independent Community Bankers of America, today announced that Jerry Walker, president and CEO of the Independent Community Bankers Association of New Mexico, was elected to the ICBA Securities board of directors.

ICBA to Congress: Heed the Economic Recovery Experts

Jul 28, 2020 | Press Release
With new Small Business Administration data showcasing the outsized role of community banks in serving small businesses and underserved communities amid the COVID crisis, ICBA is urging the Senate to incorporate needed reforms in the next round of stimulus legislation.

ICBA Services Network Announces New Board of Directors Member

Jul 27, 2020 | Press Release
ICBA Services Network, the business services subsidiary of the Independent Community Bankers of America, today announced that Shon Myers, chairman, president and CEO of Farmers & Merchants Bank in Miamisburg, Ohio, was elected to the ICBA Services Network board of directors.

ICBA, States Offer Stimulus Plan Ahead of Congressional Debate

Jul 16, 2020 | Press Release
As the leaders in responding to the economic fallout of COVID-19 and responsible for two-thirds of Paycheck Protection Program loans, community banks today provided Congress with recommendations for the next economic stimulus package.

ICBA Bancard Announces New Board of Directors Members

Jul 14, 2020 | Press Release
ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America, today announced that Gregory Hohl, chairman and president of Wahoo State Bank in Wahoo, Nebraska, and Jim Amundson, president and CEO of the Independent Community Bankers of Minnesota, were elected to the ICBA Bancard board of directors.

ICBA to FDIC: Commercial Firms Shouldn't Own Banks

Jul 10, 2020 | Press Release
The Independent Community Bankers of America told the Federal Deposit Insurance Corp. that commercial firms should not own full-service banks or industrial loan companies, even if they are subject to enhanced supervision and regulation

ICBA Independent Banker Ranks Community Bank Top Lenders

Jul 10, 2020 | Press Release
Independent Banker, the award-winning magazine of the Independent Community Bankers of America and the number-one source for community banking news, announced its rankings of the top community bank loan producers for 2020 in the July issue.

ICBA Statement on Paycheck Protection Program Extension

Jul 2, 2020 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey released a statement on congressional passage of legislation to extend the Paycheck Protection Program through Aug. 8.

ICBA Opposes Rakuten's Resubmitted ILC Application

Jun 30, 2020 | Press Release
The Independent Community Bankers of America® (ICBA) called on the Federal Deposit Insurance Corp. to deny Rakuten Bank America’s resubmitted federal deposit insurance application and urged Congress to permanently close the industrial loan company loophole.

ICBA Statement on Supreme Court Decision in Credit Union Redlining Case

Jun 29, 2020 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on today's Supreme Court decision not to review the National Credit Union Administration's field-of-membership rules.

ICBA Offers Recommendations as Congress Debates Stimulus

Jun 24, 2020 | Press Release
As Congress considers the next legislative package to address the economic fallout from the COVID-19 pandemic, the Independent Community Bankers of America today weighed in with recommendations to support local communities.

ICBA: Expand Transparency of Credit Union Acquisitions of Community Banks

Jun 16, 2020 | Press Release
The Independent Community Bankers of America® (ICBA) called on the National Credit Union Administration to expand on its proposed rule to provide more transparency and disclosures when large, tax-exempt credit unions acquire smaller, tax-paying community banks.

ICBA and ProfitStars Expand Relationship to Include Forecasting and Financial Reporting

Jun 11, 2020 | Press Release
The Independent Community Bankers of America today announced that it has extended its Preferred Service Provider agreement with ProfitStars, a division of Jack Henry & Associates Inc., to include Forecasting and Financial Reporting to support community bank strategic planning.

ICBA Urges Streamlined Paycheck Protection Program Process

Jun 9, 2020 | Press Release
The Independent Community Bankers of America® (ICBA) called on the Treasury Department and Small Business Administration to make the Paycheck Protection Program loan-forgiveness process less complex and onerous for borrowers and lenders.

ICBA and The American College Announce Scholarship for Veterans

Jun 9, 2020 | Press Release
The Independent Community Bankers of America and The American College of Financial Services today announced a new “20 in 2020” scholarship for veterans and their families seeking challenging and rewarding careers as community bankers.

ICBA Welcomes Scott Brown as Vice President of Member Relations

Jun 9, 2020 | Press Release
The Independent Community Bankers of America today announced that Scott Brown has joined the association as vice president of member relations. Brown will assume the Southeast region territory from David Moore, who is retiring from ICBA on June 30 after 16 years.

ICBA Testifies on Promoting Inclusive Lending During Pandemic

Jun 3, 2020 | Press Release
The Independent Community Bankers of America® (ICBA) today testified before Congress on promoting inclusive lending during the pandemic by community development financial institutions, minority depository institutions, and other community banks.