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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 Strongly Opposes FDIC Vote on Assessment Rates

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s FDIC board vote approving an ICBA-opposed proposal to dramatically increase deposit insurance assessments.
October 18, 2022 | Press Release   Deposit Insurance Deposit Insurance 

ICBA, Affiliated State Associations Urge FHFA to Align Capital Rules with Banking Agencies

The Independent Community Bankers of America (ICBA) and its affiliated state associations along with other banking organizations today called on the Federal Housing Finance Agency to align its capital rules with those of the federal banking agencies to avoid penalizing community banks for supporting local communities during the COVID-19 pandemic.
October 18, 2022 | Press Release  

FDIC board meeting tomorrow on assessments, supervisory appeals

The FDIC scheduled a board meeting for tomorrow to vote on its ICBA-opposed proposals to dramatically increase deposit insurance assessments and to eliminate its Office of Supervisory Appeals.
October 17, 2022 | ICBA NewsWatch Today   Deposit Insurance Deposit Insurance 

Interchange measure cut from defense bill, but threat remains

While a must-pass defense bill excludes ICBA-opposed legislation that would create new credit card routing mandates, ICBA continues urging community bankers to speak out against the proposed Durbin Amendment expansion.
October 17, 2022 | ICBA NewsWatch Today   Interchange 

Fed’s Waller ‘highly skeptical’ of U.S. CBDC

Federal Reserve Governor Christopher Waller laid out his opposition to a U.S. central bank digital currency, saying he is “highly skeptical” of the need for a digital dollar.
October 17, 2022 | ICBA NewsWatch Today   Digital Assets 

ICBA Foundation continues seeking Hurricane Ian donations

The new ICBA Foundation Disaster Relief Program has raised more than $25,000 in its first 48 hours to assist community bank employees affected by Hurricane Ian—but more donations are needed from community bankers nationwide to support industry colleagues in Florida.
October 14, 2022 | ICBA NewsWatch Today   Community Bank Awareness Crisis Preparedness 

Defense bill leaves out interchange measure, but ICBA campaign continues

The Senate version of a must-pass defense bill introduced this week excludes ICBA-opposed legislation that would create new credit card routing mandates, though the threat of the Durbin Amendment expansion remains.
October 14, 2022 | ICBA NewsWatch Today   Interchange Lending Payments 

CFPB finds high fees on college-endorsed banking products

The Consumer Financial Protection Bureau published a report raising questions about whether some marketing deals between colleges and financial institutions comply with Department of Education rules.
October 14, 2022 | ICBA NewsWatch Today   Compliance 

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