Tell me if you’ve heard this: An inverted yield curve is highly correlated with a subsequent recession. And might I point out that the U. S. treasury curve has been upside down for pushing two years now?

ICBA continues to lead the opposition to mixing banking and commerce through exploitation of the ILC loophole, recently expressing strong support for new legislation that would close it.

With Labor Day behind us and summer coming to its unofficial end, now is a good time to reflect on what the community banking industry has achieved so far this year in the advocacy arena—and what remains to be done this fall. Fortunately for the local communities we serve, community banks have followed the historic successes of 2018 with many notable policy victories.

ICBA’s new white paper on industrial loan companies takes a deep dive into the long history of this obscure charter type and its transformation of recent years.

Since I arrived at the Independent Community Bankers of America in 2003, the conversation about the mixing of banking and commerce has heated up, come to a head, disappeared and then resurfaced.