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Press Releases

ICBA Celebrates America’s Small Businesses During National Small Business Week

Sep 21, 2020 | Press Release
When COVID-19 threatened to shutter thousands of small businesses nationwide, community banks stepped up as outsized lenders of the Small Business Administration’s Paycheck Protection Program, to provide nearly 2.8 million loans and save an estimated 33.7 million jobs.

ICBA Statement on Fed Community Reinvestment Act Notice

Sep 21, 2020 | Press Release
ICBA President and CEO Rebeca Romero Rainey released a statement on today's Federal Reserve advance notice of proposed rulemaking on reforming Community Reinvestment Act regulations.

Bailey Yeager Joins ICBA as Director of Marketing Strategy and Execution

Sep 16, 2020 | Press Release
The Independent Community Bankers of America announced today the hire of Bailey Yeager as director of marketing strategy and execution.

ICBA Statement on CFPB Small-Business Proposal Outline

Sep 15, 2020 | Press Release
ICBA President and CEO Rebeca Romero Rainey issued a statement on today's Consumer Financial Protection Bureau outline of proposals to implement small-business loan data collection and reporting rules.

ICBA to Fed: Speed Up FedNow Launch

Sep 10, 2020 | Press Release
The Independent Community Bankers of America today called on the Federal Reserve to accelerate implementation of its FedNow real-time payments service.

ICBA Bancard Launches Digital Payments Strategy Guide

Sep 9, 2020 | Press Release
ICBA Bancard, the payments services subsidiary of ICBA, announced the launch of its interactive tool to help its community bank clients create a custom digital payments strategy in support of their small business customers.

ICBA Offers Tips to Prepare Ahead of a Natural Disaster ​

Sep 3, 2020 | Press Release
In recognition of National Preparedness Month in September, ICBA and the nation’s community bankers are reminding consumers of simple steps they can take to prepare ahead of a natural disaster or emergency.

ICBA Welcomes William Pusey as Vice President of Member Relations

Sep 1, 2020 | Press Release
ICBA announced that William Pusey has joined the association as vice president of member relations. Pusey will serve community banks in the Northeast region

ICBA to Community Banks: You are All Winners

Aug 31, 2020 | Press Release
ICBA announced this year’s National Community Bank Service Awards by recognizing community banks across the nation for their extraordinary efforts to help small businesses, consumers, and their communities amid the COVID-19 pandemic.

ICBA Statement on FHFA Adverse Market Fee Announcement

Aug 25, 2020 | Press Release
ICBA welcomed an announcement by the Federal Housing Finance Agency, Fannie Mae and Freddie Mac regarding the Adverse Market Fee on refinance loans delivered to the government-sponsored enterprises.

ICBA Urges Transparency in JPMorgan, Postal Service Discussions

Aug 24, 2020 | Press Release
ICBA called on the U.S. Postal Regulatory Commission to investigate reports that the U.S. Postal Service is considering an exclusive agreement with JPMorgan Chase to provide banking services through the postal branch network.

Data Show Community Banks Lead Economic Recovery

Aug 19, 2020 | Press Release
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.

ICBA Statement on Fannie Mae/Freddie Mac Decision to Impose 50 Basis Point Fee on Mortgage Refinances

Aug 13, 2020 | Press Release
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.

Fintech Application Period Kicks Off for ICBA ThinkTECH Accelerator

Aug 12, 2020 | Press Release
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 Announces New Board Members

Aug 7, 2020 | Press Release
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.

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.