Washington, D.C. (Oct. 10, 2025) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Federal Reserve’s Community Bank Conference.
“ICBA and the nation’s community banks thank Treasury Secretary Scott Bessent and Federal Reserve Vice Chair for Supervision Michelle Bowman for their pro-community bank remarks at the Federal Reserve’s Community Bank Conference. Spotlighting the positive impact community banks have on Main Street communities while showing ongoing support for tiered and proportionate regulation will help ensure community banks continue to lead the way in meeting the needs of local communities nationwide.
“As stated by Vice Chair Bowman, policymaker support for community banks must translate into specific actions that right-size regulation and apply appropriate supervisory standards. We thank Vice Chair Bowman’s for supporting Community Bank Leverage Ratio relief, simplified regulatory application review, and new capital options for mutual banks, which align with ICBA’s ‘Repair, Reform, and Thrive’ plan and open letter to the 119th Congress.
“With this week featuring the Fed’s Community Bank Conference in Washington, D.C., the 13th annual interagency Community Banking Research Conference at the Federal Reserve Bank of St. Louis, and the Federal Reserve Bank of Chicago’s 19th annual Community Bankers Symposium, ICBA looks forward to ensuring these conversations foster positive outcomes for community banks and continued dialogue on industry priorities.”
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.