With minority depository institutions continuing to serve a crucial role, their decrease from a high of 215 in 2008 to less than 150 today is a significant concern.
Fostering innovation is critical to ensure community banks continue delivering high-tech, high-touch service. So, as ICBA looked ahead to how we could help community banks strategically align resources in support of innovation, we knew we would need to make an investment in the future.
Several ICBA staffers are handing out Halloween cards and candy to every congressional office on Capitol Hill to encourage lawmakers and staff to open their eyes to credit unions' risky practices, costly tax subsidies, and irresponsibly lax oversight.
October has been a busy month for the Online Training Center! We have updated our course catalog and administrator guide, changed a few course titles, updated courses in the Teller Catalog, updated the Appraisal Standards course, and more!
We're a week into ICBA's new "Wake Up" campaign taking on credit unions' risky practices and tax exemption, and the community bank response has been phenomenal.
Today, faster payments are changing the overall payments landscape. With the advent of Same Day ACH, The Clearing House’s Real-Time Payments, and the Federal Reserve’s FedNow Service, a round-the-clock real-time payment and settlement service to launch as early as 2023, faster is becoming the new norm for payments.
ICBA and community bankers are sounding the alarm with the launch of a nationwide campaign calling on policymakers and the public to open their eyes to the threats posed by credit unions.
In honor of National Cybersecurity Month, ICBA's Jeremy Dalpiaz extols the benefits of using a .BANK domain as an additional safety precaution to protect customers from phishing and cyberattacks.
Following a successful grassroots advocacy campaign, the House of Representatives recently passed ICBA-supported legislation to create a cannabis banking safe harbor, though questions remain about the bipartisan bill's outlook.
Digital payments continue to grow in popularity as an easy-to-use way for both businesses and consumers to make payments. Not only does volume and usage continue to grow, but so too do the products and platforms through which businesses and consumers make their digital payments.
As the House and Senate are busy negotiating final language for defense spending legislation, community banks are working to provide military service men and women access to competitive banking services.
It’s hard to believe there is only one quarter left of 2019 and then the new year starts all over again. You have three months to ensure your employees have completed all their required regulatory training. Now’s the time to pull an activity report to see what’s been assigned and who has yet to complete their enrollments.
The payments landscape continues to evolve. Whereas checks and cash were the dominant payments instruments 40 years ago, today digital payments are becoming an increasingly popular way to pay, and a driving force in the evolution of the relationship between customers and their banks.
The Federal Reserve’s development of the FedNow Service provides the opportunity for all banks—both large and small—to capitalize on the value of faster payments and brings significant benefit to community banks and the businesses and consumers they serve.
With Labor Day behind us and summer coming to its unofficial end, now is a good time to reflect on what the community banking industry has achieved so far this year in the advocacy arena—and what remains to be done this fall. Fortunately for the local communities we serve, community banks have followed the historic successes of 2018 with many notable policy victories.
