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Report: More credit union M&A deals failing as acquisitions increase
As credit union mergers and acquisitions have increased, so have terminations of announced transactions, according to a recent report.
President Trump creates crypto council, bans CBDC
President Donald Trump signed an executive order that creates a working group on digital assets markets “to support the responsible growth and use of digital assets, blockchain technology, and...
ICBA: Ensure community banks are represented at agencies
As President Donald Trump considers nominees to lead the federal banking agencies under his new administration, policymakers have a unique opportunity to secure representation for community banks.
ICBA urges CFPB to halt informal regulatory actions
In light of President Donald Trump’s Jan. 20 executive order freezing new rulemaking activity, ICBA urged the Consumer Financial Protection Bureau to stop issuing new informal regulatory actions.
FinCEN: Companies not required to file BOI despite Supreme Court ruling
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court...
ICBA congratulates new Treasury secretary
After the Senate voted 68-29 to confirm Scott Bessent as the next Treasury secretary, ICBA congratulated Bessent on his confirmation and said it looks forward to working with him to implement...
CFTC to hold public roundtables on digital assets
The Commodity Futures Trading Commission announced it will soon begin a series of public roundtables on several evolving issues, including digital assets.
House hearing on community banking next week
The House Financial Services Committee announced hearings for February, including a “Making Community Banking Great Again” hearing at 10 a.m. (Eastern time) Wednesday, Feb. 5.
This week: FOMC announces rate decision on Wednesday
This week: FOMC announces rate decision on Wednesday.
Last call: ICBA seeks bankers for Subchapter S working group
With major tax legislation high on the congressional agenda, ICBA is making a final call for interested Subchapter S bankers to join the new Subchapter S Tax Working Group. ICBA members who do not...
ICBA applauds priorities of FDIC’s Hill
ICBA congratulated Travis Hill on his appointment as acting chairman of the FDIC and said it looks forward to future collaboration on his stated objectives for the agency.
ICBA: Acquisition by controversial credit union fuels need for policy action
ICBA said the latest announced acquisition of a community bank by a tax-exempt credit union—featuring a controversial credit union and the first such deal in California—demands a policy response.
N.Y. Judge: Reg E wire lawsuit against Citibank can proceed
Citibank’s request to dismiss a lawsuit was rejected by a federal judge who said Regulation E consumer protections extend to wire transactions.
ICBA seeking Subchapter S bankers for new working group
With major tax legislation high on the congressional agenda, ICBA is recruiting interested Subchapter S bankers for its new Subchapter S Tax Working Group. ICBA members who do not currently serve...
ICBA Thanks President Trump for Regulatory Freeze
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s executive order freezing new rulemakings.
ICBA urges effective crypto policies that provide regulatory clarity
ICBA encouraged the Trump administration to ensure regulatory clarity for banks as it considers new policies on digital assets.
Controversial Credit Union Leverages Tax Exemption to Acquire Community Bank, Fueling Need for Policy Action
ICBA issues statement following the latest announced acquisition of a tax-paying community bank by a tax-exempt credit union—the first of 2025 and the first ever in California.
ICBA thanks President Trump for rulemaking pause
ICBA thanked President Donald Trump for issuing an executive order freezing new rulemakings.
FDIC’s Hill announces regulatory review
Following his appointment as acting chairman of the FDIC, Travis Hill pledged to conduct a “wholesale review” of the agency’s regulations, guidance, and manuals.
ICBA op-ed: Washington must ensure community banks represented at agencies
As President Donald Trump considers nominees to lead the federal banking agencies under his administration, policymakers have a unique chance to secure representation for community banks, ICBA...