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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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ICBA 2024 National Community Bank Service Award Recipients Recognized for Community Impact and Dedication

The Independent Community Bankers of America (ICBA) today announced the winners of its 2024 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift their local communities. Stories are featured in the September issue of ICBA's Independent Banker magazine.
September 05, 2024 | Press Release  

ICBA: Credit unions are violating the limits established by Congress

After the announcement of the 15th credit union acquisition of a community bank this year, ICBA said the acquisition trend shows credit unions have expanded beyond the limits established by Congress to justify their federal tax exemption.
September 05, 2024 | ICBA NewsWatch Today   Credit Unions 

ICBA: Proposed expansion of Fedwire/NSS operating hours not necessary

ICBA said the Federal Reserve’s proposed expansion of Fedwire Funds Service and National Settlement Service hours to 22 hours per day, seven days a week would place significant burdens on community banks for what is likely to be a low volume of transactions.
September 05, 2024 | ICBA NewsWatch Today   Federal Reserve 

3 Major Community Bank Compliance Challenges (and Solutions)

The regulatory compliance burden is a big and growing consideration for community banks. Thankfully, there are plenty of techniques and resources for keeping on top of this ever-changing task.
September 05, 2024 | Independent Banker   Compliance 

CNBC features opposition to credit union acquisitions of community banks

ICBA’s campaign spotlighting credit union tax and regulatory inequities generated new coverage this week with a CNBC segment on acquisitions of community banks.
September 04, 2024 | ICBA NewsWatch Today   Credit Unions 

Latest Acquisition of Tax-paying Community Bank Comes Amid Increased Attention to Credit Union Tax Exemption

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 15th acquisition of a tax-paying bank by a tax-exempt credit union.
September 04, 2024 | Press Release   Credit Unions 

ICBA Supports Acting Comptroller Michael Hsu’s Remarks on Supervising the Largest Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on Acting Comptroller of the Currency Michael Hsu’s remarks on evolving bank supervision.
September 04, 2024 | Press Release  

OCC’s Hsu: Supervision must contend with more large banks

Supervision must adapt to the growth of the largest banks, Acting Comptroller of the Currency Michael Hsu said.
September 04, 2024 | ICBA NewsWatch Today  

FBI: North Korea targeting crypto industry

According to an FBI alert, teams of North Korean malicious cyber actors are targeting specific decentralized finance or cryptocurrency-related businesses with social engineering to gain unauthorized access to the companies’ networks to deploy malware and steal cryptocurrency.
September 04, 2024 | ICBA NewsWatch Today   Digital Assets 

Jenna Burke: The Supreme Court of the United States Is Reshaping Administrative Law

Three recent SCOTUS decisions could affect the community banking sector.
September 04, 2024 | Independent Banker   Advocacy 

Independent Banker

Independent Banker is the award-winning monthly member publication of ICBA. Continually rated the best news source by community bankers, IB provides timely, relevant information and insights to help community banks continue to flourish.

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