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ICBA: Two-Thirds of Voters Support Cannabis Banking Access

Two-thirds of voters (65%) support allowing cannabis-related businesses to have access to banking services in states where cannabis is legal, the Independent Community Bankers of America (ICBA)...

Sep 02, 2022
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Article
Cannabis banking

As Feds Report on Digital Assets, New ICBA Polling Points to Consumer Skepticism with Crypto, CBDC

The Independent Community Bankers of America (ICBA) told the Treasury Department that policymakers developing new rules for cryptocurrency should prioritize protecting national security amid...

Sep 17, 2022
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Article
Digital Assets

ICBA ThinkTECH Accelerator Alumni LemonadeLXP, Quilo Win “Best of Show” Honors at Finovate Fall 2022

The Independent Community Bankers of America (ICBA) and The Venture Center celebrate this year’s Finovate Fall 2022 Best of Show winners, LemonadeLXP and Quilo, both of which were members of the...

Sep 16, 2022
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Article

ICBA urges National Flood Insurance Program extension

ICBA called on Congress to extend the National Flood Insurance Program authorization before it expires Sept. 30 to avoid further disruptions to the housing market.

Sep 16, 2022
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Article
Flood Insurance Compliance Housing Finance/GSEs

House members urge SBA to change PPP loan forgiveness policy

A group of House members led by Rep. Chrissy Houlahan (D-Pa.) sent an ICBA-supported letter to the Small Business Administration calling for common-sense reform to Paycheck Protection Program loan...

Sep 16, 2022
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Article
Crisis Preparedness

Senate bill would bar Fed from issuing CBDC

Sen. Mike Lee (R-Utah) introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency.

Sep 16, 2022
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Article
Digital Assets Technology

Cannabis banking co-sponsors in talks on compromise Senate bill

Lead co-sponsors of ICBA-advocated legislation to allow legal cannabis-related businesses to access banking services said they are working with key senators to advance the House-passed bill in the...

Sep 15, 2022
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Article
Cannabis banking

CFPB: Credit report furnishers must investigate disputes

The Consumer Financial Protection Bureau said the Fair Credit Reporting Act requires credit report furnishers to investigate potential inaccuracies in consumer credit reports.

Sep 15, 2022
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Article
Compliance

Durbin Amendment expansion grassroots continues

Community bankers can continue using ICBA’s Be Heard grassroots action center to oppose legislation that would create new credit card routing mandates that expand on Durbin Amendment payments...

Sep 15, 2022
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Article
Lending Payments

Farm Credit System reports favorable results despite headwinds

The Farm Credit Administration reported that tight labor markets, rising interest rates, a strong dollar, high energy prices, and drought conditions are creating uncertainty in rural economies and...

Sep 13, 2022
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Article
Agriculture

FDIC Second-Quarter Deposit Data Show Proposed Assessment Rate Hike Not Needed

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the FDIC’s latest Quarterly Banking Profile.

Sep 08, 2022
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Article
Deposit Insurance

ICBA Statement on Federal Home Loan Bank Review

ICBA statement on the Federal Housing Finance Agency’s comprehensive review of the Federal Home Loan Bank System.

Sep 06, 2022
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

OCC announces assessment rate cuts targeting community banks

The OCC will reduce assessment rates on OCC-chartered community banks by 40% starting next year, Acting Comptroller of the Currency Michael Hsu announced.

Sep 02, 2022
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Article
Compliance

ICBA recognizes National Preparedness Month

ICBA recognized National Preparedness Month in September by issuing tips to help Americans secure their financial documents before disaster strikes.

Sep 02, 2022
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Article
Risk

ICBA voices opposition to Durbin Amendment expansion

ICBA this week expressed strong opposition to legislation that would create new credit card routing mandates that expand on Durbin Amendment payments interventions.

Sep 02, 2022
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Article
Lending

Fed raises order limits for nickels, dimes, quarters

The Federal Reserve said it will raise order limits for nickels, dimes, and quarters, effective Tuesday. Limits for pennies are unchanged.

Sep 02, 2022
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Article
Crisis Preparedness

ICBA Shares Financial Preparedness Tips for Consumers During National Preparedness Month in September

In recognition of National Preparedness Month in September, ICBA and the nation’s community bankers are reminding Americans to create a plan to ease their worries and speed their financial recovery...

Sep 01, 2022
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Article
Community Bank Awareness

ICBA Names 2022 National Community Bank Service Awards Winners

ICBA today announced the winners of its 2022 National Community Bank Service Awards, which celebrate the outstanding service and volunteer efforts of the nation’s community banks. Stories are...

Aug 31, 2022
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Article
Community Bank Awareness

Romero Rainey: ICBA opposing bill to expand Durbin Amendment

ICBA continues speaking out against policymakers’ efforts to expand on harmful Durbin Amendment interventions on payment card systems, ICBA President and CEO Rebeca Romero Rainey wrote in a recent...

Aug 30, 2022
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Article
Lending

Biden announces student debt forgiveness plan

The Biden administration announced plans to provide up to $20,000 in student debt forgiveness and extended the federal student loan repayment moratorium, first implemented under the Trump...

Aug 25, 2022
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Article
Lending