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CFPB plans to extend 1071 compliance deadline following court ruling
The Consumer Financial Protection Bureau said it plans to extend the compliance deadline on its 1071 small-business data collection and reporting rule following a Supreme Court ruling that ended a...
ICBA: Another credit union acquisition demands congressional response
Following the latest acquisition of a community bank by a tax-exempt credit union, ICBA issued a national news release calling on Congress to respond.
ICBA Commends House Passage of Bill Barring Creation of U.S. Central Bank Digital Currency
ICBA today commended members of the House of Representatives who successfully voted to pass ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S....
CFPB rule says BNPL lenders are credit card providers
The Consumer Financial Protection Bureau issued an interpretive rule that says “buy now, pay later” lenders are credit card providers.
ICBA Commends House Passage of Bill Barring Creation of U.S. Central Bank Digital Currency
ICBA today commended members of the House of Representatives who successfully voted to pass ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S....
ICBA Statement on Tomorrow’s House Agriculture Committee Farm Bill Markup
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on tomorrow’s House Agriculture Committee farm bill markup.
ICBA issues new guide for members on check fraud
ICBA released a community banker guide to check fraud as part of its ongoing effort to address the growing problem.
With farm bill markup tomorrow, ICBA urging grassroots outreach
ICBA is urging community bankers to call and write their members of Congress ahead of tomorrow’s House Agriculture Committee farm bill markup.
ICBA urging farm bill grassroots ahead of Thursday markup
With House Agriculture Committee Chairman Glenn Thompson (R-Pa.) releasing text of his proposed farm bill ahead of this Thursday’s markup, ICBA is urging community bankers to call and write their...
FDIC’s Gruenberg says he’ll step down once successor confirmed
FDIC Chairman Martin Gruenberg said he is prepared to step down from his responsibilities at the agency once a successor is confirmed.
ICBA chairman: Community bankers fueled advance of key bills
ICBA Chairman Lucas White said community bankers answered the call to show up in full force at this year’s Capital Summit and are seeing the results of persistently raising the red flag on...
ICBA opposes FCS exemption in Section 1071 rule
ICBA urged House Agriculture Committee leaders to oppose any exemption for Farm Credit System lenders from the Consumer Financial Protection Bureau’s 1071 small-business data collection and...
ICBA Commends House Committee Members for Advancing Bills to Provide Community Bank Regulatory Relief
The Independent Community Bankers of America (ICBA) today commended members of the House Financial Services Committee who voted to advance a slate of ICBA-advocated bills that support community...
ICBA Statement Following Supreme Court Ruling on CFPB Funding Structure
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Supreme Court ruling on the constitutionality of the Consumer...
Another Community Bank Acquisition by Tax-Exempt Credit Union Demands Policy Response
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement following the latest acquisition of a tax-paying bank by a tax-exempt credit...
ICBA commends House members for advancing reg relief bills
ICBA commended members of the House Financial Services Committee who voted to advance a slate of ICBA-advocated bills that support community banks and the local communities they serve.
Supreme Court finds CFPB funding structure constitutional
The Supreme Court upheld the constitutionality of the Consumer Financial Protection Bureau’s funding structure, reversing the appellate court’s decision that held the CFPB’s funding violates the...
Hearing targets FDIC following report on misconduct
FDIC Chairman Martin Gruenberg accepted responsibility for reports of misconduct at his agency during a House Financial Services Committee hearing on regulatory oversight.
Barr: Fed sensitive to debit proposal’s impact on LMI borrowers
The Federal Reserve Board is sensitive to the impact of its debit interchange proposed rule on low- and moderate-income borrowers, Fed Vice Chair for Supervision Michael Barr said.
House marking up ICBA-backed pro-community bank bills
The House Financial Services Committee this week is set to take up a slate of ICBA-advocated bills in the wake of the recent ICBA Capital Summit.
House Ag Committee releases farm bill summary ahead of markup
The House Agriculture Committee released a title-by-title summary of its farm bill proposal ahead of a markup planned for next Thursday.
House markup on pro-community bank bills today
The House Financial Services Committee today is scheduled to mark up a slate of ICBA-advocated bills:
Fed governor vows support of CDFIs
Federal Reserve Governor Lisa Cook said community development financial institutions play a crucial role, calling them "financial first responders" and enumerating how the Fed supports them.
ICBA calls on agencies to reduce excessive regulations
A new ICBA blog post spotlights ICBA’s calls for regulators to conduct a comprehensive regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, or EGRPRA.
Capital Summit nets new co-sponsors
As a result of the ICBA Capital Summit, more than 50 new co-sponsors have joined ICBA-advocated bills.
ICBA to Fed: Withdraw debit card interchange proposal
ICBA expressed vehement opposition to a Federal Reserve Board proposal to impose a nearly 30% cut to debit interchange that would leave nearly one-third of covered issuers below cost recovery.
ICBA urges ACRE Act support during hearing
ICBA called on the House Ways and Means Committee to take up ICBA-advocated legislation to support lending in rural communities.
ICBA Urges Agencies to Withdraw Compensation Proposal Until All Relevant Agencies Sign On
The Independent Community Bankers of America (ICBA) today issued the following statement on regulators’ proposed rulemaking on incentive-based compensation arrangements.
ICBA, groups urge FHFA to change course on VantageScore data release
ICBA and other groups expressed concerns with a Federal Housing Finance Agency plan to publish historical data on the VantageScore 4.0 credit scoring model this year.
Court injunction pauses CFPB credit card late fee rule
A federal judge issued a temporary injunction of the Consumer Financial Protection Bureau’s final rule on credit card late fees, which was scheduled to take effect tomorrow.
Federal Reserve’s Flawed Debit Card Proposal Harms Banks, Credit Unions and Consumers
America’s banks and credit unions urged the Federal Reserve to rescind its proposal to update Regulation II (Reg II) in a comment letter submitted today. The joint letter was submitted by the Bank...
ICBA urging ACRE Act support during hearing today
ICBA today is calling on the House Ways and Means Committee to take up ICBA-advocated legislation to support lending in rural communities.
At hearing, Scott touts challenge to CFPB’s credit card late fee rule
Senate Banking Committee Ranking Member Tim Scott (R-S.C.) touted his ICBA-supported resolution to nullify the Consumer Financial Protection Bureau’s final rule on credit card late fees during a...
Fed report suggests climate risks difficult to measure
The Federal Reserve Board released a summary of an exploratory pilot climate scenario analysis exercise that it conducted with six of the nation's largest banks, with the megabanks reporting...
Independent Banker lists top-performing community banks
This month’s Independent Banker magazine profiles the top-performing community banks of 2024.
Cook: Fed stepping up CRE supervision
The Federal Reserve is stepping up supervisory work with community and regional banks that have significant commercial real estate concentrations, Fed Governor Lisa Cook said.
ThinkTECH Accelerator program starts this month
With the announcement of the latest cohort, ICBA encourages community banks to sign up to participate in the seventh edition of ICBA’s ThinkTECH Accelerator program.
ICBA unveils latest ThinkTECH Accelerator cohort
ICBA announced the launch of the seventh edition of its ICBA ThinkTECH Accelerator program promoting community bank innovation.
ICBA urges agencies to withdraw incomplete compensation proposal
ICBA urged federal banking regulators to withdraw an incomplete proposed rule on incentive-based compensation that lacks support from all relevant regulatory agencies.
FDIC issues third-party report on misconduct at the agency
The FDIC released a report from an independent third-party review of allegations of sexual harassment and other misconduct at the agency, management’s response, and the FDIC’s workplace culture.