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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.

Jan 27, 2025
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Article
Credit Unions

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...

Jan 24, 2025
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Article
Digital Assets

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.

Jan 24, 2025
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Article
Agencies/Regulators 

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.

Jan 29, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

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...

Jan 28, 2025
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Article
Data Security/Fraud Financial Crimes Enforcement Network (FinCEN)

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...

Jan 28, 2025
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Article

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.

Jan 28, 2025
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Article
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.

Jan 27, 2025
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Article

This week: FOMC announces rate decision on Wednesday

This week: FOMC announces rate decision on Wednesday.

Jan 27, 2025
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Article
Commerce & Banking

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...

Jan 24, 2025
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Article

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.

Jan 23, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

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.

Jan 23, 2025
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Article
Credit Unions

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.

Jan 23, 2025
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Article

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...

Jan 22, 2025
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Article
Congressional Matters

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.

Jan 21, 2025
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Article
Regulatory Relief

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.

Jan 21, 2025
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Article
Agencies/Regulators 

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.

Jan 23, 2025
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Article
National Credit Union Administration (NCUA) Credit Unions

ICBA thanks President Trump for rulemaking pause

ICBA thanked President Donald Trump for issuing an executive order freezing new rulemakings.

Jan 22, 2025
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Article
Agencies/Regulators  Compliance

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.

Jan 22, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

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...

Jan 21, 2025
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Article
Agencies/Regulators 

ICBA welcomes President Donald Trump

ICBA and the nation's community banks welcomed President Donald Trump following his inauguration, citing the historic opportunity to make significant improvements to financial services policy.

Jan 21, 2025
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Article
Congressional Matters

ICBA Welcomes President Donald Trump

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the inauguration of Donald Trump as the 47th president of the United States.

Jan 20, 2025
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Article
Community Bank Awareness

ICBA Urges Effective Crypto Policies That Provide Clarity for Community Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today released the following statement on reports that President-elect Donald Trump is planning to issue an...

Jan 17, 2025
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Article
Digital Assets

ICBA Foundation raising funds for Calif. wildfire relief

The ICBA Foundation Disaster Relief Program is requesting tax-deductible donations to assist community banks and employees affected by recent wildfires in California.

Jan 17, 2025
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Article

ICBA Supports Bill Promoting Community Bank Formation to Meet Needs of Local Communities

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today released the following statement on the introduction of ICBA-supported legislation to promote the...

Jan 16, 2025
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Article

Registration open for ICBA Capital Summit

Registration is now open for the ICBA Capital Summit, scheduled for May 12-15 in Washington, D.C.

Jan 16, 2025
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Article

ICBA guidebook on CFPB’s 1033 rule spotlights ongoing advocacy

ICBA recently released its Open Banking Guidebook detailing the Consumer Financial Protection Bureau’s final rule implementing Section 1033 of the Dodd-Frank Act.

Jan 16, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA remembers Bill Rosacker

Former ICBA Executive Committee Member William Rosacker died in Shakopee, Minn., on Jan. 12 at the age of 80. Rosacker had a 51-year career in banking and was president of United Bankers’ Bank in...

Jan 15, 2025
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Article

Agencies issue joint statement on California wildfires

Federal banking regulators and the California Department of Financial Protection and Innovation released an interagency statement on supervisory practices for financial institutions in areas of...

Jan 15, 2025
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Article
Agencies/Regulators 

ICBA Names 2025-26 Board Nominees to Advance Community Banking Priorities

ICBA announced its 2025-26 board of directors’ nominees, setting the stage for the organization’s next chapter in advancing the community banking industry.

Jan 17, 2025
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Article

ICBA-advocated de novo bill introduced in House, Senate

ICBA expressed strong support for the introduction of legislation to promote the creation of de novo community banks.

Jan 17, 2025
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Article
De Novo Banks

ICBA recruiting 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.

Jan 17, 2025
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Article
Congressional Matters

Infographic highlights support for community bank policy issues

ICBA continued spreading the word about its latest polling results—which show Americans support community bank policy priorities—in an infographic sent to Beltway insiders.

Jan 16, 2025
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Article

CFPB withdraws ICBA-opposed proposal on non-sufficient-funds fees

The Consumer Financial Protection Bureau withdrew its proposed rule to restrict the use of non-sufficient-funds fees, as advocated by ICBA.

Jan 15, 2025
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Registration open for ICBA Capital Summit

Registration is now open for ICBA Capital Summit, scheduled for May 12-15 in Washington, D.C.

Jan 14, 2025
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Article

ICBA Dividend Program Nears $85 Million Distributed Since Inception

ICBA today announced that the Travelers ICBA insurance program will distribute its 23rd consecutive dividend to participants in the Policyholder Safety Group Dividend plan, bringing the total...

Jan 13, 2025
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Article

New Polling Shows Public Support for Policies in ICBA’s ‘Repair, Reform, and Thrive’ Plan

With the new 119th Congress and incoming Trump administration getting started in Washington, the ICBA today released new polling data showing Americans support community bank policy priorities laid...

Jan 14, 2025
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Article
Community Bank Awareness

ICBA polling shows Americans support community bank policy priorities

ICBA today is releasing new polling data showing Americans support the community bank policy priorities laid out in ICBA’s new “Repair, Reform, and Thrive” plan.

Jan 14, 2025
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Article

FDIC announces relief for California banks

The FDIC announced regulatory relief to facilitate recovery in areas of California affected by wildfires and straight-line winds.

Jan 14, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

FDIC’s Hill: ‘Crushing’ compliance costs hurt community banks

Overzealous and misguided supervision contributes to crushing compliance costs for community banks, according to FDIC Vice Chairman Travis Hill.

Jan 13, 2025
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Article
Federal Deposit Insurance Corporation (FDIC)

Independent Banker: Top CEO challenge is growing deposits

More than half of community bank executives say their biggest challenge in 2025 is growing deposits, according to the latest Independent Banker magazine.

Jan 10, 2025
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Article

Fed’s Bowman urges tailored community bank regulations

Regulators should support the banking system with a more pragmatic approach, including tailoring regulations to the size of the bank, Federal Reserve Governor Michelle Bowman said.

Jan 10, 2025
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Article
Agencies/Regulators 

ICBA Names Peter Nelson Senior Executive Vice President of Member Engagement

The Independent Community Bankers of America® (ICBA) today announced Peter Nelson as senior executive vice president of member engagement. Nelson will assume his new duties on Feb. 10 and will lead...

Jan 09, 2025
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Article

'40 Under 40' nominations open

Independent Banker magazine recently opened nominations for its 2025 “40 Under 40: Community Bank Leaders” awards.

Jan 13, 2025
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Article

CFPB proposes to expand EFTA coverage to digital assets, video games

The CFPB proposed an interpretive rule on how Regulation E and the Electronic Fund Transfer Act apply to emerging payment mechanisms, such as stablecoins and digital assets that operate as a medium...

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

House panel names vice chair, subcommittee chairs

House Financial Services Committee Chairman French Hill (R-Ark.) announced the panel’s vice chairman, subcommittees chairs, vice chair for communications, and committee whip for the 119th Congress.

Jan 10, 2025
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Article
Congressional Matters

ICBA Foundation delivers $180,000 in hurricane disaster relief

The ICBA Foundation Disaster Relief Program announced it has collected and disbursed $180,000 to assist community banks and their employees affected by hurricanes Helene and Milton, including a...

Jan 09, 2025
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Article

OCC: Banks affected by California wildfires can close

The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches to close offices in areas of California affected by wildfires.

Jan 09, 2025
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Article

ICBA introduces plan for new Congress and administration

ICBA this week unveiled its plan for the 119th Congress and incoming administration to address banking regulations and kickstart economic growth in local communities.

Jan 08, 2025
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Article
Congressional Matters

Romero Rainey: With historic opportunity, ICBA pushing for meaningful change

With a new Congress and administration arriving in Washington this month, the nation’s community banks have a momentous opportunity to make significant changes to the regulatory system, ICBA...

Jan 09, 2025
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Article
Congressional Matters

ICBA: CFPB’s overdraft rule must be enjoined and overturned

ICBA said the Consumer Financial Protection Bureau’s overdraft rule is likely to negatively affect consumers and their access to banking services and should be legally stopped.

Jan 08, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

Section 1033 guidebook now available

ICBA released the Open Banking Guidebook detailing the Consumer Financial Protection Bureau’s final rule implementing Section 1033 of the Dodd-Frank Act.

Jan 08, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Introduces ‘Repair, Reform, and Thrive’ Plan for New Congress and Administration

ICBA today unveiled its new “Repair, Reform, and Thrive” plan for the new 119th Congress and incoming Trump administration to address the nation’s broken banking regulations and kickstart economic...

Jan 07, 2025
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Article
Agriculture Community Bank Awareness Farm Credit System (FCS)

Rebecca Kruse Named ICBA Payments President, Juan Costantini Joins as Executive Vice President, General Counsel

ICBA Payments®, the payments-services subsidiary of the Independent Community Bankers of America® (ICBA), today announced that Rebecca Kruse has been appointed president.

Jan 06, 2025
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Article

A call for fairness in credit union policies: new ICBA blog post

Following a record number of credit union acquisitions of community banks last year, ICBA is renewing its push for leveling the tax and regulatory playing field, according to a new ICBA blog post.

Jan 06, 2025
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Article
Credit Unions

ICBA Foundation Provides $180,000 in Disaster Relief for Hurricane-Affected Communities

The ICBA Foundation Disaster Relief Program announced it collected and disbursed $180,000 to assist community banks and their employees affected by hurricanes Helene and Milton, including a $25,000...

Jan 08, 2025
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Article
Community Bank Awareness

ICBA introduces plan for new Congress and administration

ICBA today is unveiling its plan for the new 119th Congress and incoming Trump administration to address banking regulations and kickstart economic growth in local communities.

Jan 07, 2025
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Article
Congressional Matters

ICBA publishes Section 1033 guidebook

ICBA released the Open Banking Guidebook detailing the Consumer Financial Protection Bureau’s final rule implementing Section 1033 of the Dodd-Frank Act.

Jan 07, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

Fed’s Barr stepping down as vice chair for supervision

The Federal Reserve announced that Michael Barr will step down from his position as vice chair for supervision on Feb. 28.

Jan 07, 2025
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Article
Federal Reserve

Fed payment services will operate normally on Thursday

The Federal Reserve said that while its Washington, D.C., offices will be closed this Thursday due to the national day of mourning for former President Jimmy Carter, its payment systems will...

Jan 06, 2025
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Article
Federal Reserve