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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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ICBA Announces 2019-20 Executive Committee

ICBA today announced the election of its 2019-20 Executive Committee during the 2019 ICBA LIVE® national convention in Nashville.
March 21, 2019 | Press Release   Advocacy 

New ICBA Chairman’s Message to Community Bankers: Fight to Promote the Community Banking Model

Incoming ICBA Chairman Preston Kennedy encouraged 2019 ICBA LIVE® national convention attendees to exert their political influence to create and promote an environment where community banks flourish.
March 21, 2019 | Press Release   Advocacy 

Treasury Tosses Old Tax Rules

The Treasury Department finalized the repeal of 296 unnecessary, duplicative or obsolete tax regulations. Treasury said the elimination of regulatory “deadwood” helps advance the policies of President Trump’s Executive Orders 13777 and 13789, which direct the department to identify and reduce burdensome tax regulations.
March 15, 2019 | ICBA NewsWatch Today   Taxes & Budget 

ICBA to Congress: Require All Entities to Safeguard Personal Information

ICBA today told Congress that all entities that handle personal information should be required to safeguard personal information similar to how it is protected at financial institutions.
March 14, 2019 | Press Release   Data Security/Fraud Privacy 

ICBA Expands Government Relations Team

ICBA announced today that Noah Yosif has joined its government relations team as assistant vice president of economic policy and research.
March 12, 2019 | Press Release  

Romero Rainey: Another Wall Street Tall Tale

While megabanks have been withdrawing from local communities in the wake of the financial crisis they created, a new Wall Street Journal article claims these areas can’t possibly get by without them, ICBA President and CEO Rebeca Romero Rainey writes. ICBA and community bankers have a more positive story to share, she wrote on Main Street Matters.
March 05, 2019 | ICBA NewsWatch Today   Too-Big-To-Fail/Systemic Risk 

Why banks are becoming B Corps

A number of community banks have joined a coalition of companies whose commitment to better business practices—from worker benefits to leadership structure—is certified by a third-party nonprofit. These B Corps, designated by the B Lab, are a growing force that count many financial institutions and household brands as members. Could being a B Corp benefit your community bank?
March 01, 2019 | Independent Banker  

Let's define 'unfair, deceptive or absuive'

More than its predecessors, the Unfair, Deceptive, or Abusive Acts or Practices can be a murky regulation for compliance officers. How well do you know the ins and outs of UDAAP?
March 01, 2019 | Independent Banker   Compliance 

12 Winning Vendor Negotiation Tips

Finding a new vendor can be a test of your negotiation skills, especially when nearly everything in business is negotiable. Follow these 12 tips from ICBA's executive vice president and chief digital strategy officer, Prabash Shrestha, to glean his winning tips and strategies for vendor negotiation.
February 26, 2019 | Payments Quarterly  

Report Notes Solid, But Slower Growth in 2018

The Federal Reserve said it will stick to its “patient” approach as it determines future adjustments amid concerns of a slowing global economy and last year’s financial turmoil, according to the central bank’s annual report to Congress.
February 25, 2019 | ICBA NewsWatch Today   Federal Reserve 

Minnesota Bank Drives Support for Local Non-Profits

In the latest issue of Bancard Confidential, Kimball, Minnesota-headquartered Harvest Bank shares how it has leveraged ICBA Bancard's charitable giving platform to help support local non-profits and charitable organizations in the communities it serves.
February 20, 2019 | Payments Quarterly  

ICBA Advocates Uniformity, Certainty in FCC Rules

ICBA and other financial services trade associations filed an amicus brief with the Supreme Court, advocating for uniformity and certainty in hearing challenges to FCC rules.
February 20, 2019 | ICBA NewsWatch Today   FCC 

ICBA Expands Toolkit to Promote Savings

ICBA updated its Tell Your Story toolkit with a customizable press release to help community bankers encourage financial responsibility during America Saves Week, slated for Feb. 25-March 2.
February 20, 2019 | ICBA NewsWatch Today  

Are Biometrics the Future of Payments Authentication?

Could a fingerprint or iris scan be the answer to consumer password fatigue? Perhaps. In China, several face-detecting technologies are being used to authorize payments, with the Alipay “Smile to Pay” mobile app among the most popular.
February 12, 2019 | Payments Quarterly  

ACH Volume Skyrocketed in Q418

The National Automated Clearing House Association (NACHA) reports that during the fourth quarter of 2018, ACH Network volume saw more growth than it has in a decade.
January 30, 2019 | News  

Senate Banking Panel Issues Subcommittee Assignments

Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) announced the panel’s subcommittee assignments for the 116th Congress. The Subcommittee on Financial Institutions and Consumer Protection will be led by Sens. Tim Scott (R-S.C.) and Elizabeth Warren (D-Mass.).
January 22, 2019 | ICBA NewsWatch Today   Grassroots/Be Heard 

ICBA Statement on Subchapter S Tax Deduction

ICBA President and CEO Rebeca Romero Rainey issued a statement on the Treasury Department’s final rule expanding access to the 20 percent tax deduction for pass-through businesses.
January 22, 2019 | Press Release   Taxes & Budget 

Independent Banker

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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