Press Releases

The Independent Community Bankers of America today said recently released data show that community banks are the unequivocal leaders of the U.S. economic recovery due to their outsized role as providers of Paycheck Protection Program small-business loans.

The Independent Community Bankers of America today issued a statement regarding the recent decision made by Fannie Mae and Freddie Mac to impose a 50 basis point fee on most refinance mortgages that are delivered to the GSEs as of September 1, 2020.

ICBA today opened the application period for its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center. The latest iteration of this global fintech accelerator continues ICBA’s mission to create and promote an environment where community banks flourish.

TCM Bank, N.A., a subsidiary of ICBA Bancard, announced that Gregory Hohl, chairman and president of Wahoo State Bank in Wahoo, Nebraska, and Jeff Newgard, president and CEO of Bank of Idaho in Idaho Falls, were elected to the TCM Bank board of directors.

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, 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.

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, 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.

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, 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.

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, 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.

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

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.

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.

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.

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.

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.

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.

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.