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Trump administration rescinds federal funds freeze memo, says pause is still on

The Trump administration rescinded the original memo outlining its freeze for some federal agency grant and loan programs while noting the funding pauses spelled out in previous executive orders...

Jan 30, 2025
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Article
Government Banks

ICBA LIVE discount pricing ends tomorrow

Final discount pricing for ICBA LIVE, the world’s largest gathering of community bankers, ends tomorrow, Jan. 31.

Jan 30, 2025
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Article

ICBA reviewing impact of Trump administration freeze on SBA programs

ICBA is reviewing the community banking industry impact of the Trump administration’s pause to some federal agency grant and loan programs, which has been temporarily blocked by a federal judge...

Jan 29, 2025
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Article
Small Business Administration

FinCEN: Companies not required to file BOI despite Supreme Court ruling

The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court...

Jan 29, 2025
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Article
Financial Crimes Enforcement Network (FinCEN)

‘Bank of Dave’ inspiration speaking at ICBA LIVE

Dave Fishwick, the English businessman whose story inspired the Netflix hit “Bank of Dave” and other movies about community banking, will be speaking at ICBA LIVE 2025.

Jan 28, 2025
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Article

ICBA Congratulates Scott Bessent on Treasury Secretary Confirmation

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Scott Bessent's confirmation for Treasury secretary.

Jan 27, 2025
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Article

Report: More credit union M&A deals failing as acquisitions increase

As credit union mergers and acquisitions have increased, so have terminations of announced transactions, according to a recent report.

Jan 27, 2025
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Article
Credit Unions

President Trump creates crypto council, bans CBDC

President Donald Trump signed an executive order that creates a working group on digital assets markets “to support the responsible growth and use of digital assets, blockchain technology, and...

Jan 24, 2025
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Article
Digital Assets

ICBA: Ensure community banks are represented at agencies

As President Donald Trump considers nominees to lead the federal banking agencies under his new administration, policymakers have a unique opportunity to secure representation for community banks.

Jan 24, 2025
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Article
Agencies/Regulators 

ICBA urges CFPB to halt informal regulatory actions

In light of President Donald Trump’s Jan. 20 executive order freezing new rulemaking activity, ICBA urged the Consumer Financial Protection Bureau to stop issuing new informal regulatory actions.

Jan 29, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

FinCEN: Companies not required to file BOI despite Supreme Court ruling

The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court...

Jan 28, 2025
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Article
Data Security/Fraud Financial Crimes Enforcement Network (FinCEN)

ICBA congratulates new Treasury secretary

After the Senate voted 68-29 to confirm Scott Bessent as the next Treasury secretary, ICBA congratulated Bessent on his confirmation and said it looks forward to working with him to implement...

Jan 28, 2025
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Article

CFTC to hold public roundtables on digital assets

The Commodity Futures Trading Commission announced it will soon begin a series of public roundtables on several evolving issues, including digital assets.

Jan 28, 2025
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Article
Digital Assets

House hearing on community banking next week

The House Financial Services Committee announced hearings for February, including a “Making Community Banking Great Again” hearing at 10 a.m. (Eastern time) Wednesday, Feb. 5.

Jan 27, 2025
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Article

This week: FOMC announces rate decision on Wednesday

This week: FOMC announces rate decision on Wednesday.

Jan 27, 2025
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Article
Commerce & Banking

Last call: ICBA seeks bankers for Subchapter S working group

With major tax legislation high on the congressional agenda, ICBA is making a final call for interested Subchapter S bankers to join the new Subchapter S Tax Working Group. ICBA members who do not...

Jan 24, 2025
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Article

ICBA applauds priorities of FDIC’s Hill

ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.

Jan 23, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA: Acquisition by controversial credit union fuels need for policy action

ICBA said the latest announced acquisition of a community bank by a tax-exempt credit union—featuring a controversial credit union and the first such deal in California—demands a policy response.

Jan 23, 2025
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Article
Credit Unions

N.Y. Judge: Reg E wire lawsuit against Citibank can proceed

Citibank’s request to dismiss a lawsuit was rejected by a federal judge who said Regulation E consumer protections extend to wire transactions.

Jan 23, 2025
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Article

ICBA seeking Subchapter S bankers for new working group

With major tax legislation high on the congressional agenda, ICBA is recruiting interested Subchapter S bankers for its new Subchapter S Tax Working Group. ICBA members who do not currently serve...

Jan 22, 2025
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Article
Congressional Matters