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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: Congressional Report Validates That Community Banks Are a Superior Alternative to Nonbank Lenders

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Select Subcommittee on the Coronavirus Crisis’s report regarding the role of financial technology companies in facilitating a disproportionately high rate of fraudulent and otherwise ineligible loans through the Paycheck Protection Program.
December 03, 2022 | Press Release   Technology 

ICBA to regulators: Ensure CRA reform minimizes new burdens

With FDIC Acting Chairman Martin Gruenberg telling Congress this week that he expects regulators to release a final rule modernizing Community Reinvestment Act regulations during the early part of next year, ICBA reiterated its call for the federal banking agencies to issue a uniform rule that minimizes new data collection and reporting burdens for community banks.
December 02, 2022 | ICBA NewsWatch Today   CRA 

Community bank net income rises 13.5% in Q3

Community banks reported a 13.5% increase in net income during the third quarter from the previous quarter and a 3.9% increase from a year ago, according to the FDIC's latest Quarterly Banking Profile.
December 02, 2022 | ICBA NewsWatch Today   Community Bank Awareness 

Lawmakers urge FHFA to align capital standards with banking agencies

ICBA expressed support for a new bipartisan letter from members of Congress urging the Federal Housing Finance Agency to align its capital rules with those of federal banking regulators to avoid penalizing community banks for supporting local communities during the COVID-19 pandemic.
December 02, 2022 | ICBA NewsWatch Today   Capital Regulatory Compliance 

OCC cuts 2023 assessments

The OCC published its assessment rates for the 2023 calendar year, reducing the rates in its general assessment fee schedule and maintaining its 2022 rates for the independent trust and independent credit card fee schedules.
December 02, 2022 | ICBA NewsWatch Today  

ICBA Urges Regulators to Ensure CRA Reform Minimizes New Community Bank Reporting Burdens

With FDIC Acting Chairman Martin Gruenberg testifying before Congress that he expects regulators to release a final rule modernizing Community Reinvestment Act regulations during the early part of next year, the Independent Community Bankers of America (ICBA) reiterated its call for the federal banking agencies to issue a uniform rule that minimizes new data collection and reporting burdens for community banks.
December 01, 2022 | News   CRA 

Gruenberg: Expect CRA rule early part of next year

FDIC Acting Chairman Martin Gruenberg told lawmakers he anticipates regulators will release a final rule reforming Community Reinvestment Act regulations during the early part of next year.
December 01, 2022 | ICBA NewsWatch Today   Compliance 

ICBA Supports Congressional Letter Urging FHFA to Align Capital Standards with Banking Regulators

The Independent Community Bankers of America (ICBA) expressed support for a new bipartisan letter from members of Congress urging the Federal Housing Finance Agency to align its capital rules with those of federal banking regulators to avoid penalizing community banks for supporting local communities during the COVID-19 pandemic.
December 01, 2022 | Press Release   Federal Housing Finance Agency Housing Finance/GSEs 

The resurgence of de novos

As the number of financial institutions have dropped, the number of de novos has started to rise. The founders of three startup banks discuss the importance of community banks to the country as mission-driven organizations.
December 01, 2022 | Independent Banker  

Out of office: Ryan Monica

The assistant vice president and sales manager of $628.5 million-asset Metairie Bank in Metairie, La., is a passionate music producer, guitarist and DJ. He plays gigs all around Louisiana, including outdoor festivals, weddings, college events and fundraisers.
December 01, 2022 | Independent Banker  

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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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