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Romero Rainey: Community bank-focused hearings show ICBA message is resonating

Last week’s simultaneous congressional hearings featuring ICBA witnesses spotlighted the industry’s policy priorities while demonstrating that community banks are being heard in Washington, ICBA...

Feb 13, 2025
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Article

ICBA Congratulates Jonathan McKernan on CFPB Director Nomination

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s nomination of Jonathan McKernan to serve as...

Feb 12, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Congratulates Jonathan Gould on Comptroller of the Currency Nomination

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s nomination of Johnathan Gould to serve as...

Feb 12, 2025
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Article
Office of the Comptroller of Currency (OCC)

ICBA: Any changes to regulatory structure require community bank input

ICBA said any change to the structure of the nation’s banking agencies must involve careful study and input from all stakeholders, including community banks.

Feb 13, 2025
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Article
Agencies/Regulators 

Deadline tomorrow to register to speak during EGRPRA meeting

Community bankers interested in speaking during the next Economic Growth and Regulatory Paperwork Reduction Act regulatory review must register by tomorrow, Feb. 14.

Feb 13, 2025
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

ICBA Statement on Media Reports of CFPB Actions, Banking Agency Consolidation

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on media reports related to actions at the Consumer Financial Protection Bureau...

Feb 12, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

SEC reverses course on ICBA-opposed climate rule

Acting Securities and Exchange Commission Chair Mark Uyeda said his agency will seek to freeze court proceedings in a legal challenge to its final rule requiring climate-related investor...

Feb 12, 2025
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Article
Climate

ICBA weighs in on stablecoin debate

ICBA told Congress that current stablecoin arrangements are not subject to comprehensive supervision and lack many critical consumer and anti-money laundering protections.

Feb 12, 2025
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Article
Digital Assets

Powell: No CBDC while he leads the Fed

Federal Reserve Chairman Jerome Powell said the U.S. will never have a central bank digital currency as long as he leads the Fed.

Feb 12, 2025
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Article
Federal Reserve

Independent Banker features ICBA Minority Bank Advisory Council insights

The latest edition of Independent Banker magazine provides insights on minority depository institutions from ICBA’s Minority Bank Advisory Council.

Feb 11, 2025
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Article

ICBA CRA Solutions Selects Ncontracts for Community Bank Compliance Offering

ICBA CRA Solutions, an ICBA subsidiary, announced a strategic alliance with Ncontracts, which provides integrated vendor, risk, and compliance management solutions to help community banks address...

Feb 11, 2025
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Article

McKernan leaving FDIC

FDIC Director Jonathan McKernan announced he was stepping aside from the FDIC board of directors.

Feb 11, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA Statement on Rodney Hood’s Appointment as Acting Comptroller of the Currency

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the appointment of Rodney Hood to serve as acting comptroller of the currency.

Feb 08, 2025
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Article
Office of the Comptroller of Currency (OCC)

ICBA’s congressional testimonies available

Recordings and full text of the testimonies ICBA leaders provided this week on Capitol Hill are available online.

Feb 07, 2025
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Article
Congressional Matters

Independent Banker highlights what banks need to know about the open banking rule

Community banks with $850 million or more in assets will soon need to comply with the new open banking regulation, and smaller institutions might want to prepare for data sharing if their customers...

Feb 07, 2025
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Article

Treasury Department withdraws from climate group

The Treasury Department announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which focuses on climate risk management.

Jan 31, 2025
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Article

Fed maintains rates following three rounds of cuts

The Federal Open Market Committee voted to maintain the target range for the federal funds rate at a range of 4.25% to 4.5%, citing an uncertain economic and inflation outlook.

Jan 30, 2025
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Article
Federal Reserve

ICBA releases customizable language addressing depositor concerns

With some community bank customers inquiring about the security of their bank deposits amid government efforts related to federal spending and bureaucracy, ICBA released customizable language its...

Feb 11, 2025
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Article
Deposit Operations

CFPB’s 1071 rule again paused by court in ICBA case

A U.S. court of appeals temporarily paused the Consumer Financial Protection Bureau’s 1071 small-business rule and extended its compliance deadlines until further notice, as advocated by ICBA.

Feb 10, 2025
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA releases customizable language addressing depositor concerns

With some community bank customers inquiring about the security of their bank deposits amid government efforts related to federal spending and bureaucracy, ICBA released customizable language its...

Feb 10, 2025
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Article
Deposit Insurance Deposit Operations