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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, BPI Urge Federal Reserve to Clarify, Strengthen Guidelines for Fed Account Access

The Independent Community Bankers of America and Bank Policy Institute today called on the Federal Reserve to strengthen proposed guidelines for evaluating account and services requests.
July 12, 2021 | Press Release   Federal Reserve Audit 

ICBA minority bank council opposes IRS reporting plan

ICBA’s Minority Bank Advisory Council today is expressing strong opposition to the Biden administration’s proposal to require banks to report customer account information to the IRS.
July 12, 2021 | ICBA NewsWatch Today   Taxes & Budget 

White House directs tougher scrutiny of bank mergers

President Joe Biden directed the Justice Department and federal banking regulators to more closely scrutinize bank mergers and make it easier for customers to switch banks.
July 12, 2021 | ICBA NewsWatch Today   Commerce & Banking 

ICBA Bancard and Finzly Partner to Offer Instant Payments

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), today announced a new partnership with Finzly to facilitate instant payments via Finzly’s Payment Galaxy.
July 09, 2021 | Press Release  

Former NCUA official criticizes credit union bank purchases

A former National Credit Union Administration official this week raised concerns over credit union acquisitions of community banks.
July 09, 2021 | ICBA NewsWatch Today  

Congress pushes back on IRS reporting plan

House Ways and Means Committee Republicans issued a fact sheet pushing back on the Biden administration’s proposal to require banks to report customer account information to the IRS.
July 09, 2021 | ICBA NewsWatch Today   Taxes & Budget 

CFPB launches housing insecurity media toolkit

The Consumer Financial Protection Bureau launched a digital media toolkit with resources for renters and mortgage borrowers who continue to struggle financially from the coronavirus pandemic.
July 09, 2021 | ICBA NewsWatch Today   Compliance 

ICBA Proposes Exit Fee on Credit Union Acquisitions of Taxpaying Banks

The Independent Community Bankers of America (ICBA) today urged the Treasury Department to examine abuses of the tax code causing increased acquisitions of community banks by tax-exempt credit unions.
July 07, 2021 | Press Release   Credit Unions 

A Note from the Chairman

This past year has been an intensely trying time, but if we look beyond the COVID-19 storm, we come face to face with a silver lining of opportunity. Community banks have been able to thrive during the pandemic because of who we are.
July 06, 2021 | Payments Quarterly  

Do you have the right card products to meet the pent-up card spend?

Strong consumer and business card programs are well positioned to meet bank, consumer, and business challenges fueled by excess deposits, changing payment channels, and post-COVID-19 pent-up demand.
July 06, 2021 | Payments Quarterly  

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