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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: Congress Cannot Salvage Voter-Opposed IRS Reporting Plan ​

ICBA President and CEO Rebeca Romero Rainey issues statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.
September 24, 2021 | Press Release   Taxes & Budget 

ICBA Launches Ad Campaign on Credit Union Tax Exemption

The Independent Community Bankers of America this week launched a print and digital advertising campaign to inform Americans about the credit union tax exemption and its impact on financial services consolidation in local communities.
September 23, 2021 | Press Release   Credit Unions 

ICBA Statement on Nomination of Saule Omarova for Comptroller of the Currency

ICBA President and CEO Rebeca Romero Rainey issued the following statement on President Joe Biden’s intent to nominate Saule Omarova for comptroller of the currency.
September 23, 2021 | Press Release   OCC 

IRS consumer campaign tops 400K messages

ICBA’s campaign urging consumers to speak out against an IRS reporting proposal topped 400,000 consumer messages to members of Congress, with lawmakers continuing to consider the plan.
September 23, 2021 | ICBA NewsWatch Today   Taxes & Budget 

ICBA kicks off ad campaign targeting credit unions

ICBA launched a print and digital advertising campaign on the credit union tax exemption ahead of a key congressional hearing next week.
September 23, 2021 | ICBA NewsWatch Today   Credit Unions 

ICBA launches multi-state credit union ad push

ICBA today is launching a print and digital advertising campaign in key states calling on Congress to investigate the credit union tax exemption and its impact on acquisitions of community banks.
September 22, 2021 | ICBA NewsWatch Today   Taxes & Budget 

Treasury crypto sanctions portend broad regulatory response

Financial regulators on Tuesday began cracking down on cryptocurrency exchanges and laid out significant concerns with digital assets.
September 22, 2021 | ICBA NewsWatch Today   Payments 

FinCEN issues online child sexual exploitation notice

The Financial Crimes Enforcement Network issued a notice on increasing online child sexual exploitation. The notice provides financial institutions with specific suspicious activity report filing instructions and highlights trends.
September 21, 2021 | ICBA NewsWatch Today   Compliance Cybersecurity 

OCC issues proposal on rescinding CRA rule

The OCC formally published its proposal to rescind its June 2020 Community Reinvestment Act rule and replace it with interagency rules adopted in 1995.
September 20, 2021 | ICBA NewsWatch Today   Compliance CRA 

ICBA Urges Agencies to Extend Community Bank Leverage Ratio Flexibility

The Independent Community Bankers of America (ICBA) called on federal banking regulators to extend Community Bank Leverage Ratio flexibility given the impact of COVID-19 relief efforts on community bank capital levels.
September 20, 2021 | Press Release   Capital Regulatory Relief 

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