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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 Securities’ Exclusively Endorsed Broker Announces Sale

ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America, released the following statement in response to the announcement that its exclusive broker Vining Sparks has been acquired by Stifel Financial, Inc.
September 29, 2021 | Press Release  

Industrial Loan Company Loophole Necessitates Congressional Scrutiny and Legislative Solution

This morning, the U.S. House Financial Services Subcommittee on Consumer Protection and Financial Institutions will meet to discuss the “The Future of Banking.”
September 29, 2021 | Press Release   Lending 

IRS proposal tweaks don’t stop pushback

While policymakers are looking to narrow the ICBA-opposed IRS reporting proposal, ICBA is continuing its campaign urging consumers to speak out against the plan.
September 27, 2021 | ICBA NewsWatch Today   Taxes & Budget 

ICBA Urges FDIC to Permanently Raise Regulatory Asset Thresholds

The Independent Community Bankers of America today called on the Federal Deposit Insurance Corp. to raise regulatory asset thresholds to account for industry consolidation, rising inflation, and a swell of deposits caused by COVID-19 stimulus efforts.
September 27, 2021 | Press Release   Advocacy Deposit Insurance 

SBA: PPP portal tops 1M submissions

The SBA said its Paycheck Protection Program Direct Borrower Forgiveness Portal has topped 1 million applications for $17 billion in relief since it launched Aug. 4.
September 27, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

ICBA: Congress Cannot Salvage Voter-Opposed IRS Reporting Plan ​

ICBA President and CEO Rebeca Romero Rainey issues statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.
September 24, 2021 | Press Release   Taxes & Budget 

ICBA Launches Ad Campaign on Credit Union Tax Exemption

The Independent Community Bankers of America this week launched a print and digital advertising campaign to inform Americans about the credit union tax exemption and its impact on financial services consolidation in local communities.
September 23, 2021 | Press Release   Credit Unions 

ICBA Statement on Nomination of Saule Omarova for Comptroller of the Currency

ICBA President and CEO Rebeca Romero Rainey issued the following statement on President Joe Biden’s intent to nominate Saule Omarova for comptroller of the currency.
September 23, 2021 | Press Release   OCC 

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