Search Articles
ICBA Commends Senate Banking Committee for Passing Bipartisan Cannabis-Banking Bill
ICBA today commended the Senate Banking Committee for its passage of the SAFER Banking Act, legislation that would establish a safe harbor from sanctions for financial institutions that serve...
ICBA requests comment extension on overtime proposal
ICBA and other groups asked the Labor Department to extend by 60 days the comment period on its proposal to increase the number of employees who are entitled to overtime compensation.
Key stakeholders join opposition to credit card routing bill
A key member of the House along with major airlines and transportation unions last week announced their opposition to legislation that would impose credit card routing restrictions, which ICBA...
Fed’s Bowman urges community banks to weigh in on agency rulemakings
Federal Reserve Governor Michelle Bowman encouraged community bankers to provide feedback on agency rulemakings.
CFPB outlines proposals to remove medical bills from credit reports
The Consumer Financial Protection Bureau said it is beginning a rulemaking process to remove medical bills from Americans’ credit reports.
Grassroots urgent as Senate prepares to act on 1071 reversal
With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to...
SBA Advocacy roundtables on new overtime proposal
The Small Business Administration’s Office of Advocacy this week is hosting roundtable discussions on the Labor Department’s proposal to increase the number of employees who are entitled to...
ICBA opposing latest effort to advance credit card routing bill
ICBA continues calling on community bankers to urge their senators to oppose legislation that would impose credit card routing restrictions amid renewed efforts to attach it to government funding...
Consumer groups press CFPB for arbitration crackdown
Several consumer groups recently petitioned the Consumer Financial Protection Bureau for a rulemaking on pre-dispute arbitration.
FDIC’s Hill cites credit unions in discussion of bank merger review
If the FDIC reopens its policies on bank mergers, it should consider competition from credit unions and other nonbank institutions that perform bank-like functions, FDIC Vice Chairman Travis Hill...
Another court rules against CFPB’s 1071 rule
Another federal district court has ruled that the Consumer Financial Protection Bureau may not enforce its Section 1071 small-business rule until the Supreme Court rules on the constitutionality of...
ICBA ThinkTECH Solutions Forum Spotlights Faster Payments Offerings for Community Banks
ICBA hosted its first ThinkTECH Solutions Forum yesterday. This forum, which was designed to foster industry collaboration in support of community bank adoption of faster payments, is the first of...
Financial Services Industry Opposes Effort by Senators Durbin & Marshall to Force Credit Card Routing Mandates into Military Construction, Veterans Affairs Funding Bill
Today, 11 trade associations representing virtually all banks and credit unions released a joint statement opposing the effort by Sen. Dick Durbin (D-IL) and Roger Marshall (R-KS) to attach credit...
CFPB updates FAQs on 1071 rule
The Consumer Financial Protection Bureau updated its frequently asked questions on its Section 1071 small-business rule.
Innovation and relationship banking define community bank value proposition: ICBA leaders
Data show that consumers and small businesses value the symbiotic relationship between innovation and relationship banking that community banks offer, ICBA community bankers wrote in a new LinkedIn...
ICBA Commends House Committee Passage of Bill Barring Creation of U.S. Central Bank Digital Currency
The Independent Community Bankers of America (ICBA) today commended the House Financial Services Committee for passing ICBA-advocated legislation to restrict the ability of the federal government...
CFPB issues guidance on credit denials by lenders using AI
The Consumer Financial Protection Bureau issued guidance about certain legal requirements that lenders must adhere to when using artificial intelligence and other complex models.
ICBA ThinkTECH Accelerator Alum Chimney Wins “Best of Show” Honors at FinovateFall 2023
The Independent Community Bankers of America (ICBA) celebrates this year’s FinovateFall 2023 Best of Show winner, Chimney, a member of the 2022 ICBA ThinkTECH Accelerator cohort.
ICBA, groups oppose effort to slip credit card bill into military funding package
ICBA and other groups expressed united opposition to efforts by Sens. Roger Marshall (R-Kan.) and Richard Durbin (D-Ill.) to attach their ICBA-opposed credit card routing bill to a must-pass...
Senate panel to mark up cannabis banking bill this month
The Senate Banking Committee said it would meet Sept. 27 to consider ICBA-advocated legislation to establish a safe harbor from federal sanctions for financial institutions that serve...