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As Credit Union Tax Subsidies Drive Record-High Acquisitions of Tax-Paying Community Banks, Policymakers Should Respond

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 18th acquisition of a tax-paying bank by a tax-exempt...

Oct 09, 2024
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Article
Credit Unions

FDIC extends comment period for brokered deposit proposal

The FDIC extended the comment period on its proposed rule on brokered deposits from Oct. 22 to Nov. 21.

Oct 09, 2024
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Article

ICBA supports adoption of changes to Nacha rules

ICBA expressed support for a Bureau of the Fiscal Service proposal to adopt the 2022, 2023, and 2024 amendments to the Nacha rules.

Oct 08, 2024
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Article
Automated Clearing House (ACH)

2024 Summer Internship Diaries - Vol. 7

We wrapped up our second to last week at ICBA with exciting and fulfilling activities. On Wednesday, we had our Senior Leader Lunch with Alex Galeano. On Thursday, we had our fun HR Outing, where...

Oct 04, 2024
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Article

OCC: Banks affected by Hurricane Milton can close

The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of Florida affected by Hurricane Milton.

Oct 08, 2024
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Article

Independent Banker shares tips for a successful core conversion

Core conversions can be challenging for community banks but there are ways to make the process painless, according to the latest Independent Banker magazine.

Oct 07, 2024
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Article

Agencies adjust regulatory thresholds

Federal regulators announced 2025 updates to key regulatory thresholds.

Oct 07, 2024
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Article
Agencies/Regulators  Compliance

ICBA Foundation raising funds for Hurricane Helene relief

The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.

Oct 07, 2024
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Article

2024 Summer Internship Diaries - Vol. 8

After 9 amazing weeks at ICBA this summer, we have reached our final day as interns. All 6 of us worked in different departments and we each had a unique and amazing experience.

Oct 04, 2024
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Article

2024 Summer Internship Diaries - Vol. 3

Last week was jam packed with exciting events and opportunities that we all enjoyed participating in. All of us interns have had time to develop skills within the workplace, and we have all...

Oct 04, 2024
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Article

2024 Summer Internship Diaries - Vol. 2

As we finish our second week here at ICBA, we already have made great memories with fellow interns and other ICBA employees. The workplace culture is vibrant and supportive, and we all have grown...

Oct 04, 2024
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Article

2024 Summer Internship Diaries - Vol. 6

As we approach the final few weeks as interns here at ICBA, we have been thinking about our futures while looking back on the time we have spent here this summer.

Oct 04, 2024
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Article

2024 Summer Internship Diaries - Vol. 5

We kicked off the week with a volunteer activity at Food and Friends, a local social services organization that prepares, packages, and delivers medically tailored meals.

Oct 04, 2024
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Article

2024 Summer Internship Diaries - Vol. 4

After four weeks as interns at ICBA, we have continued to have new and exciting experiences together which have all felt valuable to our time here.

Oct 04, 2024
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Article

ICBA Foundation raising funds for Hurricane Helene relief

The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by Hurricane Helene.

Oct 04, 2024
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Article

ICBA: Record-setting 17th credit union acquisition requires response

Following this year’s 17th acquisition of a tax-paying community bank by a tax-exempt credit union—a new single-year record—ICBA repeated its call for policymakers to respond.

Oct 04, 2024
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Article
Credit Unions

ICBA shares tips for Cybersecurity Awareness Month

In recognition of Cybersecurity Awareness Month, ICBA released tips to help consumers protect their sensitive financial information and minimize the risk of cyber threats.

Oct 02, 2024
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Article
Cybersecurity

CFPB issues advisory on medical debt collection

The Consumer Financial Protection Bureau issued an advisory opinion that said debt collectors, which may include third-party “revenue cycle management” companies, are violating federal law when...

Oct 02, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

2024 Summer Internship Diaries - Vol. 1

Last week, we began our internship program here at ICBA. Starting a new position is exciting, but it comes with unique challenges that we must face together. The first week is critical, where we...

Oct 04, 2024
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Article

Swift to start live trials of digital asset transactions next year

Swift announced that banks and central banks across North America, Europe, and Asia in 2025 will be able to use its network to conduct pilot transactions in digital assets and central bank digital...

Oct 04, 2024
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Article
Digital Assets