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ICBA Newsroom

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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FinCEN now accepting beneficial ownership reports

The Financial Crimes Enforcement Network began accepting beneficial ownership information reports.
January 02, 2024 | ICBA NewsWatch Today   Compliance Financial Crimes Enforcement Network 

ICBA PAC auction tickets available

Tickets are now available for ICBA PAC’s 35th Annual Auction Fundraiser, which is scheduled for Saturday, March 16, during ICBA LIVE in Orlando.
January 02, 2024 | ICBA NewsWatch Today  

Treasury issues request for input on financial inclusion

The Treasury Department issued a request for information on its planned development of a national strategy for financial inclusion.
January 02, 2024 | ICBA NewsWatch Today   Department of Treasury 

Senate committee chairman: ILC loophole a top 2024 priority

Senate Banking Committee Chairman Sherrod Brown (D-Ohio) included ICBA-supported legislation to close the industrial loan company loophole in his list of priorities for the coming year.
January 02, 2024 | ICBA NewsWatch Today   Congressional Matters 

Scott Anchin: Why You Should Adopt FedNow Now

FedNow is here, providing community banks with the opportunity to better serve their customers and push the financial services industry forward.
January 02, 2024 | Independent Banker   Advocacy 

CEO Roundtable 2024: The Year Ahead

With the economic uncertainty that defined most of 2023 showing signs of easing, community bankers are optimistic about the year ahead. Despite challenges like managing the net interest margin, increasing costs and fraud, community bankers are facing the future with resilience, determination and experience.
January 01, 2024 | Independent Banker  

ICBA to CFPB: Include Community Bank Exemption in 1033 Proposal on Sharing Consumer Financial Data

The Independent Community Bankers of America (ICBA) today urged the Consumer Financial Protection Bureau to exempt certain community banks from proposed standards for sharing consumer financial data.
December 29, 2023 | Press Release   Consumer Financial Protection Bureau 

Out of Office: Tim Aiken

After only having cycled as a way to stay fit in college, the president and CEO of $370 million-asset Union Bank in Middlebourne, W.Va., recently returned to the sport.
December 26, 2023 | Independent Banker  

FinCEN finalizes rule on beneficial ownership information access

The Financial Crimes Enforcement Network issued a final rule that establishes the framework for access to and protection of beneficial ownership information.
December 22, 2023 | ICBA NewsWatch Today   Financial Crimes Enforcement Network 

Treasury seeks input on national financial inclusion strategy

The Treasury Department requested input on its planned development of a national strategy for financial inclusion.
December 22, 2023 | ICBA NewsWatch Today   Department of Treasury 

ICBA mission crucial to 2023 successes: Romero Rainey

Never has ICBA’s community bank-focused mission been more important than in 2023, ICBA President and CEO Rebeca Romero Rainey said this week in a message to the nation’s community bankers.
December 22, 2023 | ICBA NewsWatch Today  

New NCUA board member confirmed

The Senate confirmed Tanya Otsuka to serve as a member of the National Credit Union Administration board. Otsuka replaces board member Rodney Hood, whose term expired in August.
December 22, 2023 | ICBA NewsWatch Today   NCUA 

Stearns Bank N.A.'s Mission for Senior Housing

Though Stearns Bank N.A. has experienced significant growth over the years, the $2.2 billion-asset community bank hasn’t forgotten its roots.
December 22, 2023 | Independent Banker  

FDIC finalizes rules on official sign, misrepresentations

The FDIC board of directors adopted a final rule to modernize rules governing the use of official FDIC signs and to clarify agency regulations on deposit insurance misrepresentations.
December 21, 2023 | ICBA NewsWatch Today  

Agencies adjust CRA asset thresholds

Federal regulators announced the 2024 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.
December 21, 2023 | ICBA NewsWatch Today   CRA 

ICBA urges Congress to override veto of 1071 resolution

ICBA expressed opposition to President Joe Biden’s veto of a bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule and called on Congress to override the veto.
December 21, 2023 | ICBA NewsWatch Today   Consumer Financial Protection Bureau 

FDIC emphasizes impact of largest banks on 2024 budget

The FDIC board of directors approved the agency’s 2024 operating budget while citing the disproportionate cost of overseeing the largest and riskiest banks.
December 21, 2023 | ICBA NewsWatch Today  

Member Benefits: New Look, Expanding Values

In November, ICBA announced a rebrand that would better represent the organization and its mission as a whole. Here’s what inspired and drove this change.
December 21, 2023 | Independent Banker  

Romero Rainey: ICBA mission crucial to 2023 successes

Never has ICBA’s community bank-focused mission been more important than in 2023, ICBA President and CEO Rebeca Romero Rainey said in a message to the nation’s community bankers.
December 20, 2023 | ICBA NewsWatch Today  

Biden vetoes ICBA-advocated 1071 resolution

President Joe Biden vetoed an ICBA-advocated bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule.
December 20, 2023 | ICBA NewsWatch Today   Consumer Financial Protection Bureau Compliance 

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