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ICBA’s unique call for 1033 community bank exemption makes headlines

ICBA’s unique call for the Consumer Financial Protection Bureau to exempt community banks from its 1033 rule—and big banks’ opposition to a community bank exemption—is making news.

Nov 06, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Supports Bill to Strengthen Deposit Insurance While Minimizing Costs to Community Banks

The Independent Community Bankers of America (ICBA) expressed support for legislation to strengthen the nation’s deposit insurance system while minimizing additional costs for community banks.

Oct 10, 2025
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Article
Deposit Insurance

ICBA Urges Policymakers to Continue to Support Local Communities Served by Community Development Financial Institutions

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on actions to dismantle the Community Development Financial Institution Fund.

Oct 11, 2025
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Article
Community Development Financial Institution (CDFI)

Audit finds CFPB’s information security is not effective

The Consumer Financial Protection Bureau’s Office of the Inspector General released an audit that found the bureau’s information security program is no longer effective.

Nov 05, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA announces opposition to Coinbase’s charter application

ICBA announced its opposition to Coinbase’s application for a national trust bank charter for its subsidiary, Coinbase National Trust Co.

Nov 05, 2025
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Article
Office of the Comptroller of Currency (OCC)

In meeting, ICBA urges Fed to rescind debit interchange proposal

ICBA and other groups met with Federal Reserve Governor Stephen Miran and reiterated that the Fed’s November 2023 debit interchange proposal should be rescinded.

Nov 06, 2025
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Article
Federal Reserve

ICBA signals support for FHFA strategic plan

ICBA said it supports U.S. Federal Housing’s plan to focus on safety and soundness of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.

Nov 06, 2025
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Article
Federal Home Loan Banks (FHLB)

Atlanta Fed examines rounding scenarios without pennies

A new blog post from the Federal Reserve Bank of Atlanta examines possible rounding methods the United States could use when penny production is phased out.

Nov 10, 2025
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Article
Federal Reserve

FDIC announces relief for Alaska, Minnesota banks

The agency is encouraging banks to work constructively with borrowers experiencing difficulties beyond their control because of damage caused by the severe conditions.

Nov 07, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA urges OCC to reject Sony Bank national trust bank charter application

ICBA urged the OCC to reject Sony Bank’s application for a national trust bank charter for a proposed subsidiary—its latest response to the sudden influx of applications from nonbank fintechs.

Nov 07, 2025
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Article
Office of the Comptroller of Currency (OCC)

FDIC: CRA exams will occur less frequently for most banks

The FDIC announced that Community Reinvestment Act evaluations will occur less frequently for most institutions.

Nov 10, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

Tax-exempt credit unions shouldn’t access public funds: letter to the editor

In a new letter to the editor, ICBA community banker Jeff Dick says that credit unions wanting access to municipal deposits without contributing back to the communities they claim to serve is a bad...

Nov 10, 2025
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Article
Credit Unions

ICBA Statement on Bipartisan Deal to Reopen Government

The Independent Community Bankers of America (ICBA) issued the following statement on bipartisan Senate efforts to reopen the federal government.

Nov 10, 2025
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Article
Government Banks

Fed's Financial Stability Report highlights key risks

Asset valuation pressures, borrowing by businesses and households, financial-sector leverage, and funding risks are the primary vulnerabilities in the U.S. financial system, according to the...

Nov 12, 2025
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Article
Federal Reserve

Independent Banker details law that safeguards borrower data

The latest Independent Banker magazine breaks down an ICBA-supported law to rein in the sale of mortgage “trigger leads.”

Nov 12, 2025
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Article
Data Security/Fraud

ICBA welcomes efforts to end shutdown

ICBA welcomed a bipartisan Senate effort to end the federal shutdown and reopen the government.

Nov 12, 2025
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Article
Government Banks

ICBA Statement on CFPB’s New Proposal to Implement Section 1071 Small-Business Reporting Requirements

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s updated Consumer Financial Protection Bureau proposed rule to...

Nov 12, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

New ICBA White Paper Calls on Policymakers to Close Industrial Loan Company Loophole

ICBA today released a comprehensive white paper detailing why policymakers should close a legal loophole that allows industrial loan companies and their parent companies to skirt regulatory...

Nov 12, 2025
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Article
Commerce & Banking

CFPB proposes amending disparate impact rules

The Consumer Financial Protection Bureau proposed amending provisions related to disparate impact standards.

Nov 13, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA issues new white paper calling on policymakers to close ILC loophole

ICBA published a new white paper detailing why policymakers should close the industrial loan company loophole, which allows ILCs and their parent companies to skirt regulatory oversight,...

Nov 13, 2025
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Article
Commerce & Banking

CFPB expands 1071 exemptions in new proposal

The Consumer Financial Protection Bureau issued an updated 1071 proposed rule that would exempt more community banks and small-business loans, as advocated by ICBA.

Nov 13, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

End Document Chaos and Close Loans Faster with FileInvite

Our secure platform eliminates the back-and-forth chaos of gathering documents from borrowers, guarantors, and third parties to reduce loan processing time while ensuring compliance and a better...

Nov 06, 2025
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Article

OCC updates SCRA handbook 

OCC updates SCRA handbook  The OCC issued an updated version of the Servicemembers Civil Relief Act booklet of the Comptroller’s Handbook, which provides information and procedures for examiners in...

Nov 14, 2025
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Article
Office of the Comptroller of Currency (OCC)

ICBA urges OCC to reject Stripe’s national trust bank charter application

ICBA urges OCC to reject Stripe’s national trust bank charter application ICBA urged the OCC to reject Stripe’s application for a national trust bank charter for a proposed subsidiary, Bridge...

Nov 14, 2025
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Article
Office of the Comptroller of Currency (OCC)

Trump signs bill to reopen government

Trump signs bill to reopen government President Donald Trump signed into law legislation to reopen the federal government through Jan. 30 following House passage of the measure. Details: The...

Nov 14, 2025
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Article
Governance

CSBS: Community banks pay more for compliance 

CSBS: Community banks pay more for compliance  The Conference of State Bank Supervisors published data showing banking regulation is more burdensome on community banks. Details: Based on 10 years...

Nov 17, 2025
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Article
Compliance

Online Course Newsletter – November 2025

Online Course Newsletter – November 2025 There were no new or updated courses this past month, but we are working on new content for release in Q1 2026. As you prepare to assign courses for the...

Nov 17, 2025
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Article

ICBA: Tax-Exempt Mega-Credit Union Acquisition Signals It’s Time for a Policy Response

ICBA: Tax-Exempt Mega-Credit Union Acquisition Signals It’s Time for a Policy Response Washington, D.C. — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey...

Nov 17, 2025
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Article
Credit Unions

USDA announces second round of supplemental disaster assistance payments  

USDA announces second round of supplemental disaster assistance payments   The USDA announced the second phase of supplemental disaster relief payments that would be distributed under the...

Nov 18, 2025
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

ICBA: Mega-credit union acquisition signals it’s time for a policy response

ICBA: Mega-credit union acquisition signals it’s time for a policy response After the latest deal involving a multi-billion-dollar credit union acquiring a community bank, ICBA said these deals are...

Nov 18, 2025
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Article
Credit Unions

ICBA shares deposit insurance priorities with lawmakers ahead of House hearing

ICBA shares deposit insurance priorities with lawmakers ahead of House hearing ICBA told Congress that raising deposit insurance limits will bolster depositor confidence in community banks. ...

Nov 18, 2025
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Article
Deposit Insurance

ICBA: Second Mega-Credit Union Acquisition in Two Days Demands Response to Industry’s Tax Exemption

ICBA: Second Mega-Credit Union Acquisition in Two Days Demands Response to Industry’s Tax Exemption Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the...

Nov 18, 2025
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Article
Credit Unions

Fed details new supervisory principles 

Fed details new supervisory principles  The Federal Reserve released information regarding new operating principles for bank supervision.    Details: The Fed said the principles, which were...

Nov 19, 2025
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Article
Federal Reserve

House panel holds hearing on deposit insurance reform 

House panel holds hearing on deposit insurance reform  The House Financial Services Committee discussed a wide array of issues during a hearing on deposit insurance reform, including supporting...

Nov 19, 2025
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Article
Deposit Insurance

After second credit union acquisition in two days, ICBA demands policy response  

After second credit union acquisition in two days, ICBA demands policy response   With large credit unions announcing two acquisitions of Main Street community banks in as many days, ICBA said it...

Nov 19, 2025
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Article
Credit Unions

Fed’s Miran endorses community bank regulatory relief

Fed’s Miran endorses community bank regulatory relief Federal Reserve Governor Stephen Miran said the Fed’s regulatory framework should allow community banks to remain the engines of their local...

Nov 20, 2025
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Article
Regulatory Relief

Trump nominates new CFPB head 

Trump nominates new CFPB head  President Donald Trump nominated Stuart Levenbach to be director of the Consumer Financial Protection Bureau for a five-year term. Background: Levenbach has served...

Nov 20, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

Senate panel advances Travis Hill nomination for FDIC chair 

Senate panel advances Travis Hill nomination for FDIC chair  The Senate Banking Committee advanced the nomination of Travis Hill to be FDIC chairman. The nomination now heads to the full Senate for...

Nov 20, 2025
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Article
Federal Deposit Insurance Corporation Improvement Act (FDICIA)

CISA shares mitigation tips for ‘bulletproof’ cybercrimes 

CISA shares mitigation tips for ‘bulletproof’ cybercrimes  The Cybersecurity & Infrastructure Security Agency and its partners released a guide on mitigating risks from bulletproof hosting (BPH)...

Nov 21, 2025
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Article
Cybersecurity

ICBA, others share recommendations on curbing illegal robocalls 

ICBA, others share recommendations on curbing illegal robocalls  ICBA and other groups sent the Federal Communications Commission recommendations to improve STIR/SHAKEN, a call authentication...

Nov 21, 2025
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Article
Federal Communications Commission (FCC)