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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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CFPB: TILA doesn’t preempt N.Y. disclosure law

The Consumer Financial Protection Bureau issued a preliminary determination that the Truth in Lending Act does not preempt a New York state law requiring commercial financing disclosures.
December 09, 2022 | ICBA NewsWatch Today   Compliance 

ICBA urges passage of new Senate bill to close ILC loophole

ICBA expressed strong support for the introduction of Senate legislation to close the industrial loan company loophole.
December 07, 2022 | ICBA NewsWatch Today   Lending 

ICBA’s Romero Rainey, Merski Again Named  Top Lobbyists by The Hill

ICBA President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski are featured on The Hill’s 2022 list of the top Washington advocates in the nation.
December 07, 2022 | Press Release   Advocacy Community Bank Awareness 

Grassroots heating up as lame-duck Congress winds down

As Congress considers must-pass end-of-year legislation, ICBA is calling on community bankers to contact their members of Congress on top advocacy priorities.
December 07, 2022 | ICBA NewsWatch Today   Cannabis banking Lending 

CFPB issues guidance on HMDA enforcement following court ruling

The Consumer Financial Protection Bureau released Home Mortgage Disclosure Act enforcement guidance following a recent court ruling vacating its 2020 HMDA final rule.
December 07, 2022 | ICBA NewsWatch Today   Mortgage Rules 

Financial Services and Consumer Groups Support Senate Bill to Close Industrial Loan Company Loophole

Today, a broad coalition of financial services and consumer organizations expressed support for new legislation to close the industrial loan company (ILC) charter loophole, the "Close the Shadow Banking Loophole Act."
December 06, 2022 | News   Lending 

ICBA Urges Senate to Pass Newly Introduced Bill to Close ILC Loophole

The Independent Community Bankers of America (ICBA) today expressed its strong support for Senate Banking Committee Chairman Sherrod Brown's (D-Ohio) introduction of the Close the Shadow Banking Loophole Act to close the industrial loan company loophole, which allows companies to skirt regulatory oversight and violates U.S. policy separating banking and commerce.
December 06, 2022 | Press Release   Lending 

Grassroots key as Senate cannabis banking debate ramps up

With the debate over ICBA-advocated cannabis banking legislation picking up as some policymakers express concerns and others confidence in the bill's passage, ICBA is urging community bankers to continue speaking out to their members of Congress.
December 05, 2022 | ICBA NewsWatch Today   Cannabis banking 

ICBA, groups urge Congress to oppose SBA's proposed 7(a) changes

ICBA and other groups called on Congress to oppose Small Business Administration proposals to detrimentally reform its 7(a) lending program.
December 05, 2022 | ICBA NewsWatch Today   Lending Small Business Administration 

ICBA: PPP report validates that community banks are superior alternative to nonbanks

ICBA said a congressional report on financial technology participants in the Paycheck Protection Program validates that community banks were the unequivocal leaders of the U.S. economic recovery during the pandemic.
December 05, 2022 | ICBA NewsWatch Today   Community Bank Awareness 

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