ICBA Statement on Proposal to Amend Community Reinvestment Act Rules

Washington, D.C. (July 31, 2026) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) proposed rule to amend Community Reinvestment Act regulations.

“While ICBA looks forward to closely reviewing today’s proposed rule, we are strongly encouraged by elements of the proposal that would modernize regulatory thresholds to enable community banks to continue meeting the needs of local communities.

“ICBA and the nation’s community bankers have long supported agency efforts to modernize the CRA’s implementing regulations, including by minimizing community bank data collection and reporting burdens, adjusting regulatory thresholds, and increasing transparency into how ratings are established.

“We continue urging the prudential banking regulators to work toward full interagency alignment and look forward to working with policymakers on tailoring community bank CRA requirements to ensure these policies meet the needs of local communities.”

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.