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FDIC modifies resolution planning for large banks
The FDIC modified its approach to resolution planning for large banks.
Fed proposes stress test changes
The Federal Reserve proposed changes that would reduce the volatility of capital requirements stemming from its annual stress test results.
Fed’s Barr: Banks are frontline defenders against deepfake-enabled fraud
Banks play a critical role in safeguarding against deepfake-driven fraud given their direct handling of financial transactions and sensitive customer data, according to Federal Reserve Governor...
ICBA urges OCC to preserve dedicated supervision for community banks
In response to the OCC’s announced decision to combine its community, midsize, and large bank supervision functions, ICBA said merging supervisory functions threatens to dilute the nuanced...
ICBA Urges OCC to Preserve Dedicated Supervision for Community Banks
ICBA President and CEO Rebeca Romero Rainey issued the following statement in opposition to the OCC’s announced decision to merge its community, midsize, and large bank supervision functions into a...
Acquisition ignites calls to end tax exemption for large credit unions
ICBA reiterated its call for policymakers to eliminate the federal tax exemption for credit unions with more than $1 billion in assets following the fourth announced credit union acquisition of a...
After community bank acquisition, ICBA urges end to tax exemption for billion-dollar credit unions
ICBA reiterated its call for policymakers to eliminate the federal tax exemption for credit unions with more than $1 billion in assets following the fourth announced credit union acquisition of a...
Judge scraps CFPB credit card late fee rule
A federal judge voided a Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule was illegal.
ICBA Urges End to Tax Exemption for Billion-dollar Credit Unions After Another Community Bank Acquisition
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement in response to the latest acquisition of a tax-paying community bank by a...
New blog post highlights value of compensation data
Reliable competitive compensation and benefits data are crucial to securing and retaining top performers, according to a new Main Street Matters blog post.
ICBA, other groups oppose efforts to increase income tax rates
ICBA and other groups said recent proposals to raise the top individual income tax rate to 40% would disproportionately harm hundreds of thousands of pass-through businesses organized as S...
OCC releases bank letter on information security incident
The OCC released a letter sent to supervised institutions regarding unauthorized access to OCC email systems. The letter included background on the February incident, the OCC’s response, and what...
Independent Banker details how banks can leverage FedNow
FedNow, the Federal Reserve’s instant payments system, wrapped up 2024 with more than 1,000 financial institutions participating, and 68% of community banks offering or planning to offer FedNow,...
ICBA seeks participants for cross-border payments group
ICBA is seeking 12-15 community bankers to join its working group on cross-border payments.
Fed’s Waller: Tariffs could affect the FOMC’s economic objectives
Federal Reserve Governor Christopher Waller said large, broadly applied tariffs could significantly affect the economy and the Federal Open Market Committee's pursuit of economic objectives.
ICBA supports legislation to safeguard small business data
Rep. John Rose (R-Tenn.) introduced ICBA-supported legislation—the Bank Loan Privacy Act—aimed at reforming the CFPB’s Section 1071 small business reporting rule.
ICBA Applauds House Passage of Resolution to Overturn Flawed CFPB Overdraft Rule
ICBA President and CEO Rebeca Romero Rainey issued the following statement on House passage of a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final...
ICBA updates Community Banking Month resources
To help community bankers make the most of Community Banking Month, ICBA continues to update the tools in its Marketing Resource Center.
Independent Banker offers community banker advocacy guidebook
The latest Independent Banker magazine features the ultimate advocacy guidebook for community bankers featuring ICBA grassroots resources.
OCC issues guidance on rescinding CRA final rule
The OCC issued guidance on the federal banking agencies’ March 28 announcement that they plan to rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the prior CRA...