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Fed maintains rates

The Federal Open Market Committee voted to maintain target interest rates at a range of 4.25% to 4.5%.

Mar 20, 2025
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Article

What community banks need to know about the Fedwire ISO 20022 switch

The latest Independent Banker magazine spotlights what community bankers need to know about the Fedwire Funds Service’s conversion to the ISO 20022 message format.

Mar 19, 2025
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Article

ICBA shares CDFI track record with Treasury following executive order

Following President Donald Trump’s executive order directing the Treasury Department to eliminate the non-statutory components of the CDFI Fund, ICBA highlighted the critical role that CDFI...

Mar 19, 2025
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Article
Community Development Financial Institution (CDFI)

ICBA strongly supports nomination of Michelle Bowman for Fed vice chair for supervision

ICBA expressed its strong support for President Donald Trump’s nomination of Federal Reserve Governor Michelle Bowman for vice chair for supervision at the Fed—as advocated by ICBA.

Mar 18, 2025
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Article
Federal Reserve