Press Releases

ICBA today called on the FDIC to reject the deposit insurance application of Ford Credit Bank as an industrial loan company, or ILC, which would allow the company to skirt regulatory oversight and violate U.S. policy separating banking and commerce.

The Independent Community Bankers of America (ICBA) announced the closing of the BankTech Ventures Fund, which raised more than $115 million in committed capital in its first fund to accelerate technology opportunities and adoption at community banks.

The Independent Community Bankers of America (ICBA) told the Treasury Department that policymakers developing new rules for cryptocurrency should prioritize protecting national security amid catastrophic developments in the crypto markets this year.

The Independent Community Bankers of America (ICBA) today called on federal banking regulators to issue a uniform final rule on Community Reinvestment Act modernization that minimizes new data collection and reporting burdens for community banks.

Eight national trade groups petitioned the Consumer Financial Protection Bureau to initiate a rulemaking that will strengthen the privacy and security of consumer financial data held by fintechs, Big Tech and data aggregators.

Today nine trade associations representing the financial services industry released the following joint statement opposing announced legislation by Senator Roger Marshall (R-KS) and Senator Dick Durbin (D-IL) creating new credit card routing mandates that fall disproportionately on card issuing credit unions and community banks.

TCM Bank, N.A., the credit card bank of ICBA Bancard, which is the payments services subsidiary of the Independent Community Bankers of America (ICBA), today announced the hire of William Weeks as chief information officer.

The Independent Community Bankers of America (ICBA) today announced that Andrew Hipolit has joined its government relations team as assistant vice president, financial policy, research, and advocacy.

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Michael Barr’s confirmation for Federal Reserve vice chair of supervision.

ICBA Services Network today announced that Thomas E. Bates Jr.; G. Scott McComb, and Noah Wilcox were elected to the ICBA Services Network board of directors.

CRA Partners/USI Alliance, an ICBA subsidiary, today announced the election of G. Scott McComb, chairman, president and CEO of Heartland Bank in Whitehall, Ohio, as chairman of the USI Alliance board of directors.

The Independent Community Bankers of America (ICBA) today called on Congress to examine the need to apply the Community Reinvestment Act to tax-exempt credit unions.

Anne Balcer today officially joined the Independent Community Bankers of America (ICBA) as senior executive vice president, chief government relations and public policy.

ICBA Securities Inc.®, the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), today announced the election of Thomas E. Bates Jr., president and CEO of Legends Bank in Clarksville, Tenn., as chairman of the ICBA Securities board of directors. Aza Bittinger, president and CEO of the Community Bankers Association of Ohio; Blake Heid, president and CEO of First Option Bank in Osawatomie, Kans.; and Craig Wanichek, president and CEO of Summit Bank in Eugene, Ore., were also elected to the board.

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.

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.

The Independent Community Bankers of America today announced the hire of Scott Marks as assistant vice president of congressional relations.

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.

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 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.