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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 opposes approval of new industrial loan company

Following the FDIC’s approval of the formation of Thrivent Bank, a new industrial loan company based in Utah, ICBA reiterated its strong opposition to the ILC loophole.
June 24, 2024 | ICBA NewsWatch Today   Federal Deposit Insurance Corporation 

ICBA Opposes Approval of Freddie Mac Plan to Enter Market Already Well Served by Private-Sector Community Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Federal Housing Finance Agency’s conditional approval of Freddie Mac’s proposal to engage in a pilot program to purchase certain single-family closed-end second mortgages.
June 24, 2024 | Press Release   Federal Housing Finance Agency 

CDFI Fund extends deadlines for certification application

The Community Development Financial Institutions Fund extended the application deadlines outlining when current CDFIs must reapply for CDFI certification using the revised version of the application.
June 24, 2024 | ICBA NewsWatch Today   CDFI 

Fed issues ICBA-requested extension on Fedwire comment period

The Federal Reserve extended until Sept. 6 the comment period on its proposal to expand Fedwire Funds Service and National Settlement Services operating hours. Comments on the proposal were originally due by July 8.
June 24, 2024 | ICBA NewsWatch Today  

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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