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ICBA raises relief funds, posts online resources

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

Oct 10, 2024
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Article

Independent Banker highlights cybersecurity role for generative AI

Generative artificial intelligence could help community banks identify potentially fraudulent activity and security flaws, according to the latest Independent Banker magazine.

Oct 09, 2024
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Article
Artificial Intellegence

FDIC extends comment period on deposits RFI

The FDIC extended until Dec. 6 the comment period on its request for information on deposits, as advocated by ICBA.

Oct 09, 2024
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Article

ICBA encouraging Payments Video Challenge promotion

ICBA is encouraging community bankers to spread the word about the Payments Innovation Alliance’s Payment Video Challenge to raise awareness of financial scams.

Oct 08, 2024
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Article

ICBA: AML/CFT modernization should not expand reg burden

ICBA told the federal banking agencies that their proposals to update anti-money-laundering & countering-the-financing-of-terrorism programs would create burdens on banks without any demonstrable...

Oct 11, 2024
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML)

ICBA: Credit union tax subsidies continue driving record-high acquisitions

Following the 18th credit union acquisition of a community bank this year—and the fifth in Washington state—ICBA said Congress should address antiquated credit union policies.

Oct 10, 2024
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Article
Credit Unions

Fed’s Jefferson encourages input on discount window

Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.

Oct 10, 2024
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Article

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

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

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

Record-High Community Bank Acquisitions by Tax-Exempt Credit Unions Requires Policy Response

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 17th acquisition of a tax-paying bank by a tax-exempt...

Oct 03, 2024
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Article
Credit Unions

New op-ed: Credit unions that act like big banks should be regulated like them

Members of Congress and the American public should consider why credit unions are acting like the nation’s largest banks while enjoying tax and regulatory advantages, according to a new MarketWatch...

Oct 03, 2024
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Article
Credit Unions

Agencies issue joint statement on institutions affected by Hurricane Helene

Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Helene on the customers and operations of many financial institutions.

Oct 03, 2024
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Article

Survey: Regulatory burden is top community bank concern

Regulatory burden has risen to the top of community banker concerns alongside cost of funds, according to the Conference of State Bank Supervisors Annual Community Bank Survey.

Oct 03, 2024
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Article

FDIC, OCC announce relief for banks affected by Hurricane Helene

The FDIC announced regulatory relief to facilitate recovery in areas of Florida, Georgia, North Carolina, and South Carolina affected by Hurricane Helene. The FDIC also published a disaster webpage...

Oct 02, 2024
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Article

Blog post: Community bankers find solutions, connections at ICBA LIVE

The challenges community bankers face—from compliance issues to cybersecurity and staffing concerns—require the industry to come together to amplify its voice and find solutions at ICBA...

Sep 26, 2024
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Article

ICBA Shares Consumer Tips to Protect Financial Data During Cybersecurity Awareness Month

In recognition of Cybersecurity Awareness Month, the Independent Community Bankers of America (ICBA) offers tips to help consumers protect their sensitive financial information and minimize the...

Oct 01, 2024
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Article
Cybersecurity

FHFA proposes updates to FHLBank liquidity rules

The Federal Housing Finance Agency issued a proposed rule that would amend its regulation of Federal Home Loan Bank unsecured credit limits.

Oct 01, 2024
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Article
Federal Housing Finance Agency

FHFA issues climate risk advisory to FHLBanks

The Federal Housing Finance Agency issued an advisory bulletin that provides guidance to the Federal Home Loan Banks on incorporating climate-related risks into their risk-management frameworks.

Oct 01, 2024
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Article
Federal Housing Finance Agency

ICBA Names René Shonerd as Executive Vice President, Chief Information Officer

The Independent Community Bankers of America® (ICBA) announced today that René Shonerd has joined as executive vice president and chief information officer (CIO).

Sep 30, 2024
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Article

FHFA advises FHLBanks on credit risk and liquidity

The Federal Housing Finance Agency issued an advisory bulletin to the Federal Home Loan Banks that details expectations for providing members with access to advances in a safe and sound manner.

Sep 30, 2024
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Article
Federal Housing Finance Agency

FDIC announces relief for Georgia, Vermont banks

The FDIC announced regulatory relief to facilitate recovery in areas of Georgia affected by Tropical Storm Debby and areas of Vermont affected by severe storms, flooding, landslides, and mudslides.

Sep 30, 2024
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Article

ICBA urging community banker participation in EGRPRA review

ICBA recently issued a guide to help community bankers participate in the Economic Growth and Regulatory Paperwork Reduction Act review process launched by banking regulators this year.

Sep 30, 2024
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Article

ICBA Community tops 4,000 users

The ICBA Community online platform continues to grow and has now surpassed 4,000 members.

Sep 27, 2024
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Article

ICBA push on credit union deals garners more media attention

ICBA’s campaign opposing credit union acquisitions of tax-paying community banks continued generating headlines with a new Bloomberg report on the FDIC’s recent policy update on bank mergers.

Sep 27, 2024
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Article
Credit Unions