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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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Lawmakers urge House hearing on Navy Federal lending practices

House Financial Services Ranking Member Maxine Waters (D-Calif.) and other Democratic committee members urged Chairman Patrick McHenry (R-N.C.) to hold a hearing on reports of discriminatory lending at Navy Federal Credit Union.
February 06, 2024 | ICBA NewsWatch Today   Credit Unions 

FinCEN renewing Currency Transaction Report control numbers

The Financial Crimes Enforcement Network published a 60-day notice to renew the Office of Management and Budget control numbers assigned to Currency Transaction Reports.
February 06, 2024 | ICBA NewsWatch Today   Compliance Financial Crimes Enforcement Network 

ICBA Urges Federal Banking Agencies to Ensure Meaningful Regulatory Review

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the start of the interagency review of federal banking regulations under the Economic Growth and Regulatory Paperwork Reduction Act.
February 06, 2024 | Press Release   Regulatory Relief 

ICBA, groups file lawsuit against CRA final rule

ICBA, the Independent Bankers Association of Texas, Texas Bankers Association, Amarillo Chamber of Commerce, American Bankers Association, U.S. Chamber of Commerce, and Longview Chamber of Commerce filed a lawsuit against the federal banking regulators for exceeding their statutory authority with their recent Community Reinvestment Act final rule.
February 06, 2024 | ICBA NewsWatch Today   Compliance CRA 

Grassroots campaigns pushing ILC, ‘trigger leads’ bills

ICBA continues calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage applicants.
February 06, 2024 | ICBA NewsWatch Today   Grassroots/Be Heard 

The Status of De Novos Going Into 2024

De novos breathe new life into the banking sector, but activity is still far below its historic highs. That said, a new crop of community banks shows there’s great potential for success—especially with the power of experienced bankers behind them. Here, de novos tell us how they got their start, the challenges they addressed and what the future looks like for this section of community banking.
February 06, 2024 | Independent Banker  

Tax Foundation calls for end of credit union tax exemption

The nonpartisan Tax Foundation released a new report calling on policymakers to wean credit unions off taxpayer subsidies.
February 05, 2024 | ICBA NewsWatch Today   Credit Unions 

ICBA continues grassroots on ILC, ‘trigger leads’ bills

ICBA is calling on community bankers to urge their members of Congress to support bills that would close the industrial loan company loophole and protect the financial privacy of mortgage applicants.
February 05, 2024 | ICBA NewsWatch Today   Grassroots/Be Heard 

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