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ICBA Commends FDIC for Rescinding Proposed Rules on Brokered Deposits, Corporate Governance, Incentive-Based Compensation

The Independent Community Bankers of America (ICBA) today commended the Federal Deposit Insurance Corp. board of directors for withdrawing three ICBA-opposed proposed rules that would harm...

Mar 04, 2025
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Article
Deposit Operations Federal Deposit Insurance Corporation (FDIC) Regulatory Relief

ICBA opposes GM’s ILC application

ICBA said General Motors Financial Bank’s application for FDIC insurance threatens the Deposit Insurance Fund and doesn’t serve the convenience and needs of the community.

Mar 03, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

FinCEN not issuing penalties for BOI reporting deadlines

The Financial Crimes Enforcement Network said it will not issue any fines or penalties or take any other enforcement actions against any companies based on failure to file or update beneficial...

Mar 03, 2025
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Article
Financial Crimes Enforcement Network (FinCEN)

ICBA opposes consolidation of banking regulators

ICBA said it opposes calls from Wall Street bank executives and others to consolidate the nation’s banking regulators.

Feb 27, 2025
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Article
Agencies/Regulators 

ICBA: Stablecoin legislation must protect role of community banks

ICBA told Congress that any legislation establishing a regulatory framework for stablecoins must address stablecoin risks without disintermediating community banks.

Feb 27, 2025
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Article
Digital Assets

ICBA Statement Opposing Consolidation of the Nation’s Banking Regulators

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement opposing the consolidation of the nation’s banking regulators.

Feb 26, 2025
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Article
Compliance

Independent Banker: How community banks are fighting AI-powered elder fraud

Community banks are working to combat fraudsters using artificial intelligence to target seniors, according to the latest Independent Banker magazine.

Feb 26, 2025
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Article
Fraud

Romero Rainey: ICBA letter to Trump administration key to reform push

ICBA’s recent letter urging the Trump administration to advance several needed reforms is essential to supporting community banks while avoiding unintended consequences, ICBA President and CEO...

Feb 26, 2025
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Article
Government Banks

ICBA urges Trump administration to advance pro-community bank reforms

ICBA urged the Trump administration to advance key policies under its “Repair, Reform, and Thrive” plan to continue advancing policies that support community banks.

Feb 24, 2025
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Article

McKernan, Pulte vow to streamline CFPB, FHFA activities

The Consumer Financial Protection Bureau will center its regulation on real risks to consumers and focus its enforcement on bad actors, CFPB director nominee Jonathan McKernan told Congress.

Feb 28, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

Bowman: Rightsized regulations key to bright community banking future

The future of community banking is bright as long as regulators focus on appropriate regulations and guidance and recognize that investment in innovation and growth is a necessity, not a roadblock,...

Feb 28, 2025
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Article

ICBA continuing grassroots push on CFPB overdraft rule

ICBA continues calling on community bankers to tell their members of Congress to support legislative efforts to stop the Consumer Financial Protection Bureau's overdraft rule.

Feb 27, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Strongly Supports Bipartisan ACRE Act Offering Lower-Cost Credit to Rural Americans

The Independent Community Bankers of America (ICBA) today expressed strong support for the Senate introduction of the Access to Credit for our Rural Economy (ACRE) Act to support farmers, ranchers,...

Feb 26, 2025
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Article
Agriculture Lending Agriculture Rural Development

Community bank net income declines in Q4

Community bank net income fell 6.5% in the fourth quarter and was down 2.4% in 2024 from the previous year, according to the FDIC’s latest Quarterly Banking Profile.

Feb 26, 2025
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Article

ICBA urging grassroots outreach to stop CFPB overdraft rule

ICBA is calling on community bankers to tell their members of Congress to support legislative efforts to stop the Consumer Financial Protection Bureau's overdraft rule.

Feb 24, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

New op-ed urges Illinois lawmakers to rethink credit union tax exemption

A new op-ed from Community Bankers Association of Illinois Chairman David Stanton calls on policymakers to tax credit unions like every other business in the state.

Feb 20, 2025
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Article
Credit Unions

ICBA, U.S. Postal Inspection Service partner to combat check fraud

ICBA announced a partnership with the U.S. Postal Inspection Service to combat the threat of check fraud.

Feb 24, 2025
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Article
Fraud

ICBA, U.S. Postal Inspection Service partner to combat check fraud

ICBA announced a partnership with the U.S. Postal Inspection Service to combat the threat of check fraud.

Feb 21, 2025
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Article
Fraud

ICBA urging community banker outreach on stopping CFPB overdraft rule

ICBA is calling on community bankers to tell their members of Congress to stop the Consumer Financial Protection Bureau's overdraft rule.

Feb 21, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

Latest ILC application brings total pending bids to three

With auto company Stellantis last week applying to form an industrial loan company in Utah, the number of pending ILC applications now stands at three.

Feb 21, 2025
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Article