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CFPB: TILA doesn’t preempt N.Y. disclosure law

The Consumer Financial Protection Bureau issued a preliminary determination that the Truth in Lending Act does not preempt a New York state law requiring commercial financing disclosures.

Dec 09, 2022
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Article
Compliance

ICBA urges passage of new Senate bill to close ILC loophole

ICBA expressed strong support for the introduction of Senate legislation to close the industrial loan company loophole.

Dec 07, 2022
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Article
Lending

Financial Services and Consumer Groups Support Senate Bill to Close Industrial Loan Company Loophole

Today, a broad coalition of financial services and consumer organizations expressed support for new legislation to close the industrial loan company (ILC) charter loophole, the "Close the Shadow...

Dec 06, 2022
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Article
Lending

Grassroots key as Senate cannabis banking debate ramps up

With the debate over ICBA-advocated cannabis banking legislation picking up as some policymakers express concerns and others confidence in the bill's passage, ICBA is urging community bankers to...

Dec 05, 2022
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Article
Cannabis banking

ICBA, groups urge Congress to oppose SBA's proposed 7(a) changes

ICBA and other groups called on Congress to oppose Small Business Administration proposals to detrimentally reform its 7(a) lending program.

Dec 05, 2022
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Article
Lending Small Business Administration

ICBA: Congressional Report Validates That Community Banks Are a Superior Alternative to Nonbank Lenders

ICBA President and CEO Rebeca Romero Rainey issued the following statement on the Select Subcommittee on the Coronavirus Crisis’s report regarding the role of fintech companies in facilitating a...

Dec 03, 2022
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Article
Technology

ICBA’s Romero Rainey, Merski Again Named  Top Lobbyists by The Hill

ICBA President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski are featured on The Hill’s 2022 list of the top Washington...

Dec 07, 2022
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Article
Advocacy Community Bank Awareness

Grassroots heating up as lame-duck Congress winds down

As Congress considers must-pass end-of-year legislation, ICBA is calling on community bankers to contact their members of Congress on top advocacy priorities.

Dec 07, 2022
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Article
Cannabis banking Lending