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Press Releases

ICBA Introduces BankTech Ventures Investment Fund

Nov 19, 2021 | Press Release
The Independent Community Bankers of America today announced the Initial Closing of a fund launched by BankTech Ventures, LP. The venture capital fund is designed to accelerate technology opportunities and adoption at community banks.

ICBA to Congress: Extend Data Security Standards to Retailers, Tech Firms

Nov 3, 2021 | Press Release
ICBA today called on Congress to extend Gramm-Leach-Bliley Act data security standards to retailers, technology companies, and other parties that process or store consumer financial data.

ICBA Statement on President’s Working Group Stablecoin Report ​

Nov 1, 2021 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the President’s Working Group (PWG) on Financial Markets report on stablecoins.

ICBA Expands Preferred Service Provider Agreement with Wolters Kluwer to Include iLien Document Management

Nov 1, 2021 | Press Release
The Independent Community Bankers of America today announced it has expanded its Wolters Kluwer Preferred Service Provider relationship to include its SaaS-based iLien system, offered by Wolters Kluwer Compliance Solutions.

ICBA Statement on IRS Bank Reporting Proposal

Oct 28, 2021 | Press Release
ICBA and the nation’s community banks applaud the exclusion of the widely opposed IRS bank reporting proposal from today’s budget reconciliation framework. We will continue to vocally oppose the policy as negotiations proceed.

ICBA to Congress: Reject IRS Reporting Plan Outright

Oct 26, 2021 | Press Release
The Independent Community Bankers of America today told Congress that proposed tweaks to Washington’s widely opposed IRS reporting proposal are unworkable and cannot salvage the misguided plan.

ICBA: Washington Cannot Salvage Widely Opposed IRS Reporting Plan

Oct 19, 2021 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey today issued a statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.

ICBA Renews its Preferred Service Provider Relationship with OnBoard

Oct 18, 2021 | Press Release
The Independent Community Bankers of America today announced it has extended its relationship with Preferred Service Provider OnBoard and its digital board management solution. OnBoard has been an ICBA Preferred Service Provider since 2015.

Jack Henry Partners with Open Banking Providers to Enhance Digital Platform

Oct 12, 2021 | Press Release
Jack Henry announced today that Finicity, Akoya, and Plaid are among the first open banking pioneers to integrate to the Banno Digital Platform using the Banno Digital ToolkitSM.

ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data ​

Oct 5, 2021 | Press Release
ICBA and the nation’s community banks are reminding consumers of simple actions they can take during Cybersecurity Awareness Month to safeguard sensitive data and keep their digital lives secure.

Minority Banks Urge Congress to Scrap IRS Reporting Plan

Oct 1, 2021 | Press Release
The Independent Community Bankers of America’s Minority Bank Advisory Council today expressed strong opposition to the Biden administration’s proposal that would require banks to report customer account information to the IRS.

ICBA Congratulates Consumer Financial Protection Bureau Director Rohit Chopra on Confirmation

Oct 1, 2021 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the Senate confirmation of Rohit Chopra for Consumer Financial Protection Bureau director.

ICBA Testifies on Preserving Community Bank SBA Lending

Sep 30, 2021 | Press Release
The Independent Community Bankers of America today called on Congress to reject proposed changes to the Small Business Administration 7(a) loan program that would displace community bank SBA lending.

ICBA Securities’ Exclusively Endorsed Broker Announces Sale

Sep 29, 2021 | Press Release
ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America, released the following statement in response to the announcement that its exclusive broker Vining Sparks has been acquired by Stifel Financial, Inc.

Industrial Loan Company Loophole Necessitates Congressional Scrutiny and Legislative Solution

Sep 29, 2021 | Press Release
This morning, the U.S. House Financial Services Subcommittee on Consumer Protection and Financial Institutions will meet to discuss the “The Future of Banking.”

ICBA Urges FDIC to Permanently Raise Regulatory Asset Thresholds

Sep 27, 2021 | Press Release
The Independent Community Bankers of America today called on the Federal Deposit Insurance Corp. to raise regulatory asset thresholds to account for industry consolidation, rising inflation, and a swell of deposits caused by COVID-19 stimulus efforts.

ICBA: Congress Cannot Salvage Voter-Opposed IRS Reporting Plan ​

Sep 24, 2021 | NewsWatch Today | Press Release
ICBA President and CEO Rebeca Romero Rainey issues statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.

ICBA Statement on Nomination of Saule Omarova for Comptroller of the Currency

Sep 23, 2021 | Press Release
ICBA President and CEO Rebeca Romero Rainey issued the following statement on President Joe Biden’s intent to nominate Saule Omarova for comptroller of the currency.

ICBA Launches Ad Campaign on Credit Union Tax Exemption

Sep 23, 2021 | Press Release
The Independent Community Bankers of America this week launched a print and digital advertising campaign to inform Americans about the credit union tax exemption and its impact on financial services consolidation in local communities.

ICBA Urges Agencies to Extend Community Bank Leverage Ratio Flexibility

Sep 20, 2021 | Press Release
The Independent Community Bankers of America (ICBA) called on federal banking regulators to extend Community Bank Leverage Ratio flexibility given the impact of COVID-19 relief efforts on community bank capital levels.