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FATF updates money laundering, terrorist financing lists

The Financial Action Task Force updated its lists of countries monitored for deficiencies in their efforts to counter money laundering, terrorist financing, and proliferation financing.

Jun 17, 2025
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Article
Fraud

Independent Banker shares 7 traits of a great leader

The latest Independent Banker magazine shares the seven traits of great leaders that help build a stronger community bank.

Jun 12, 2025
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Article

Check fraud prevention flyers now available from ICBA

Community bankers can now order physical copies of a check fraud prevention flyer to distribute to customers.

Jun 11, 2025
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Article
Checks Fraud

Troy Cullen joins ICBA Payments and TCM Bank

ICBA Payments announced the appointment of Troy Cullen as executive vice president and chief revenue officer for the organization and its agent bank, TCM Bank N.A.

Jun 16, 2025
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Article

ICBA continues urging grassroots outreach on ACRE Act

ICBA continues calling on community bankers to use its Be Heard Grassroots Action Center to ask senators to co-sponsor the Access to Credit for our Rural Economy (ACRE) Act (S. 838) and preserve...

Jun 12, 2025
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Article
Agriculture

ICBA-advocated bill on mortgage ‘trigger leads’ advances in House

As reported in Wednesday’s NewsWatch Today, the House Financial Services Committee this week voted to advance several ICBA-advocated bills.

Jun 12, 2025
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Article
Congressional Matters

House panel passes three ICBA-backed bills

The House Financial Services Committee voted to advance ICBA-advocated bills to ban trigger leads, change threshold requirements for small bank holding companies, and support small financial...

Jun 11, 2025
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Article

Bowman sworn in as Fed vice chair for supervision

Michelle Bowman was sworn in as Federal Reserve vice chair for supervision.

Jun 10, 2025
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Article
Federal Reserve

ICBA Applauds Fed Vice Chair Michelle Bowman for Remarks on Rightsizing Community Bank Regulations

The Independent Community Bankers of America (ICBA) applauded Federal Reserve Vice Chair for Supervision Michelle Bowman on today’s remarks outlining a fresh approach to the agency’s supervision...

Jun 06, 2025
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Article
Federal Reserve Regulatory Relief

Fed reminder: One month to prepare for ISO 20022 implementation

The Federal Reserve reminded banks it will adopt the ISO 20022 message format for the Fedwire Funds Service on Monday, July 14. The existing proprietary Fedwire Application Interface Manual format...

Jun 11, 2025
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Article
Federal Reserve

OCC: Preemption is a cornerstone of the dual banking system

Acting Comptroller of the Currency Rodney Hood reaffirmed the OCC’s support of preemption as a cornerstone of the dual banking system and fundamental to the operation of the federal banking system.

Jun 10, 2025
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Article
Office of the Comptroller of Currency (OCC)

House passes ICBA-backed legislation to protect SBA lending

The House of Representatives passed ICBA-backed legislation to protect the integrity of the Small Business Administration 7(a) program so it can continue to reach more borrowers and support local...

Jun 06, 2025
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Article
Small Business Administration

ICBA: More needs to be done to curtail crypto scams

ICBA said it strongly supports a Financial Crimes Enforcement Network proposed rule to designate the Huione Group as a primary money laundering concern, but it said more needs to be done to curtail...

Jun 05, 2025
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Article
Digital Assets

ICBA, state affiliates urge Senate to include ACRE Act in tax bill

ICBA and its 44 state affiliates this week called on senators to include the ACRE Act (S. 838) in the tax portion of the Senate reconciliation bill, noting it is bipartisan legislation that would...

Jun 05, 2025
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Article
Agriculture

ICBA, state affiliates urge Senate to include ACRE Act in tax bill

ICBA and its 44 state affiliates called on senators to include the ACRE Act (S. 838) in the tax portion of the Senate reconciliation bill, noting it is bipartisan legislation that would reduce high...

Jun 04, 2025
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Article
Agriculture

Nominations open for Best Community Banks to Work For awards

ICBA’s Independent Banker magazine opened nominations for its 2025 Best Community Banks to Work For awards, sponsored by FIS.

Jun 02, 2025
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Article

ICBA advocates changes to state law at check fraud meeting

ICBA and a group of community bankers met with the Uniform Commercial Code's Permanent Editorial Board at a national stakeholders' meeting to advocate changes to state law to better address check...

Jun 06, 2025
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Article
Fraud

Michelle Bowman confirmed as Federal Reserve vice chair for supervision

ICBA congratulated Federal Reserve Governor Michelle Bowman following last night’s Senate vote confirming her ICBA-advocated nomination to serve as Fed vice chair for supervision.

Jun 05, 2025
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Article
Federal Reserve

ICBA Congratulates Michelle Bowman on Confirmation as Federal Reserve Vice Chair for Supervision

The Independent Community Bankers of America (ICBA) congratulated Federal Reserve Governor Michelle Bowman on today’s Senate vote confirming her ICBA-advocated nomination to serve as Fed vice chair...

Jun 04, 2025
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Article
Federal Reserve

Hood: OCC seeking community bank input on AI

Acting Comptroller of the Currency Rodney Hood said the OCC wants to develop artificial intelligence guidance and tools that ensure that all banks can modernize and remain competitive.

Jun 04, 2025
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Article
Office of the Comptroller of Currency (OCC)

Fed lifts growth restriction on Wells Fargo

The Federal Reserve announced that Wells Fargo is no longer subject to the asset-growth restriction from its enforcement action against the bank.

Jun 04, 2025
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Article
Federal Reserve

Independent Banker Magazine Unveils 2025 “40 Under 40: Community Bank Leaders”

Independent Banker magazine, the award-winning monthly publication of ICBA, has announced its seventh annual 40 Under 40: Community Bank Leaders list, recognizing the rising stars transforming...

Jun 03, 2025
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Article

Independent Banker highlights 40 under 40

This month’s Independent Banker magazine recognizes the seventh annual "40 Under 40" list of emerging community bankers who are making a difference in their communities.

Jun 03, 2025
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Article

Senate moves to bring Bowman nomination to a vote

Senate Majority Leader John Thune (R-S.D.) moved to bring to a vote the nomination of Michelle Bowman to be the Federal Reserve’s vice chair for supervision.

Jun 03, 2025
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Article
Federal Reserve

Agencies sunsetting cybersecurity tool in August

ICBA is reminding community bankers that federal regulators’ Cybersecurity Assessment Tool is scheduled to sunset on Aug. 31.

May 30, 2025
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Article
Cybersecurity

New Credit Union Acquisition of Community Bank Underscores Need for Policy Action

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after a new acquisition of a tax-paying community bank in Arizona by a...

May 28, 2025
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Article
Credit Unions

After lobbying success at Capital Summit, ICBA continues ACRE push in Senate

After community bankers convened at Capital Summit, ICBA noted the inclusion of a modified version of the ACRE Act in the House version of the reconciliation bill (H.R. 1) and urged senators to...

Jun 02, 2025
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Article
Agriculture

Independent Banker shares point-of-sale tips for community bankers

About 90% of smartphone users now use digital wallets regularly, offering opportunities for community banks to innovate and respond to customer expectations, according to the latest Independent...

May 30, 2025
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Article

Community bank net income increases in Q1

Community banks reported a 10% first-quarter increase in net income from the previous quarter and an 8.5% increase from the previous year, according to the FDIC’s latest Quarterly Banking Profile.

May 29, 2025
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Article

ICBA: Latest credit union acquisition shows need for policy action

After a new acquisition of a tax-paying community bank in Arizona by a tax-exempt credit union, ICBA said the need for policymaker action is urgent.

May 29, 2025
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Article
Credit Unions

Trump vows to end GSE conservatorship

President Donald Trump said he is working to take Fannie Mae and Freddie Mac out of conservatorship while maintaining an implicit government guarantee on their obligations and securities.

May 29, 2025
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Article
Secondary Mortgage Market Secondary Mortgage Market

Independent Banker: Legal expertise key to smooth succession

A legal team can play an important role in helping community banks devise a watertight succession plan that adheres to its corporate guidelines, according to the latest Independent Banker magazine.

May 28, 2025
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Article

ISO 20022 transition scheduled for July

ICBA is reminding community bankers of the Fedwire Funds Service’s upcoming conversion to the ISO 20022 message format.

May 28, 2025
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Article

LEAD FWD registration opens

Registration is now open for ICBA’s LEAD FWD Summit, scheduled for Sept. 8-9 in Bloomington, Minn.

May 27, 2025
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Article

Second estimate for Q1 GDP out Thursday

Second estimate for Q1 GDP out Thursday

May 27, 2025
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Article
Commerce & Banking

ThinkTECH Accelerator reservations open

Community bankers can reserve a date for a private or group visit during the ICBA ThinkTECH Accelerator program.

May 27, 2025
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Article

House committee announces hearings, markup for June

The House Financial Services Committee announced hearings and a markup for June

May 23, 2025
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Article
Digital Assets

House committee advances ICBA-advocated reg relief bills

During a two-day markup, the House Financial Services Committee advanced two ICBA-advocated bills to provide regulatory relief to community banks.

May 22, 2025
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Article

ICBA, groups oppose price controls on credit card products

ICBA and other trade groups expressed opposition to an amendment to the GENIUS Act that would impose government price controls on credit card products.

May 22, 2025
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Article
Credit Cards

ICBA, others push SEC to rescind cyber incident rule

ICBA and other groups called for the Securities and Exchange Commission to rescind its cyber incident disclosure rule.

May 23, 2025
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Article
Cybersecurity

House passes tax bill with pro-community bank policies

The House of Representatives passed its “One, Big, Beautiful Bill” legislative package, which includes several ICBA tax priorities.

May 23, 2025
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Article

Fintech showcase next week

ICBA Innovation and the Center for Accelerating Financial Equity (CAFE) Fintech Accelerator are holding a complimentary webinar next week on using innovation to support underserved populations and...

May 22, 2025
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Article

ICBA-opposed credit card routing bill filed as Senate amendment

ICBA is calling on community bankers to contact their members of Congress after legislation to allow large merchants to expand the power of the federal government to intervene in the U.S. credit...

May 21, 2025
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Article
Credit Cards

ICBA thanks community bankers for lobbying efforts

ICBA thanks the more than 500 community bank advocates who visited congressional offices during last week’s ICBA Capital Summit to advocate for the industry’s top policy priorities.

May 20, 2025
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Article

ICBA PAC Annual Golf Classic next month

ICBA PAC is hosting its 20th Annual Golf Classic on June 16 at the Minneapolis Golf Club in St. Louis Park, Minn.

May 20, 2025
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Article

ICBA urges Senate to include ACRE Act in reconciliation bill

ICBA called on Senate Finance Committee leaders to include the Access to Credit for our Rural Economy Act (S. 838) in the tax portion of the Senate reconciliation bill.

May 19, 2025
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Article
Agriculture

Research: Durbin-Marshall Bill would disproportionately hurt community banks

New research from the University of Miami says legislation that would allow large merchants to route credit card transactions on the network that is least costly to them would have a...

May 16, 2025
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Article
Credit Cards

Rep. Feenstra: ACRE Act needs to be added to Senate tax bill

Rep. Randy Feenstra (R-Iowa) called on ICBA Capital Summit attendees to encourage their members of Congress to add the Access to Credit for our Rural Economy (ACRE) Act to the Senate version of the...

May 15, 2025
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Article

Hotel deadline today for ICBA PAC golf tournament

ICBA PAC is hosting its 20th Annual Golf Classic on June 16 at the Minneapolis Golf Club in St. Louis Park, Minn. Lodging at the Minneapolis Marriott West is available June 15-17 and rooms must be...

May 19, 2025
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Article

Independent Banker highlights how fraudsters take advantage of natural disasters

The latest Independent Banker magazine explains how fraudsters try to capitalize on people’s vulnerability and generosity following a natural disaster.

May 16, 2025
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Article
Fraud

Powell indicates Fed may tweak monetary policy framework

The Federal Reserve is reviewing its monetary policy framework in light of the experience of the past five years, Fed Chairman Jerome Powell said.

May 16, 2025
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Article
Federal Reserve

Chairman Hill: House ‘access-to-capital’ committee focused on addressing reg burden

House Financial Services Committee Chairman French Hill (R-Ark.) told community bankers at the ICBA Capital Summit that he considers his panel the “access-to-capital committee.”

May 15, 2025
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Article

House committee advances tax bill with pro-community bank policies

The House Ways and Means Committee advanced its “One, Big, Beautiful Bill” legislative package with several ICBA tax priorities.

May 15, 2025
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Article
Taxes & Budget

Rep. Donalds: Community banking is a bipartisan priority

Rep. Byron Donalds (R-Fla.) told ICBA Capital Summit attendees that supporting community banking is not a partisan issue—it's a common-sense approach to helping small businesses thrive and...

May 14, 2025
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Article

ICBA PAC Annual Golf Classic next month

ICBA PAC is hosting its 20th Annual Golf Classic on June 16 at the Minneapolis Golf Club in St. Louis Park, Minn.

May 13, 2025
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Article

CFO survey deadline extended

The deadline for Independent Banker magazine’s Community Bank CFO Outlook Survey has been extended through this Wednesday.

May 12, 2025
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Article

ICBA Applauds Signing of Resolution to Overturn Flawed CFPB Overdraft Rule

ICBA President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s signing of a resolution to overturn the CFPB’s final rule on overdraft services.

May 10, 2025
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Article
Overdraft Services

OCC rescinds rule on bank mergers

The OCC rescinded its 2024 final rule on regulations for business combinations involving national banks and federal savings associations.

May 09, 2025
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Article
Office of the Comptroller of Currency (OCC)

ICBA Urges Lawmakers to Ensure Community Bank Concerns Are Addressed in GENIUS Act Before Any Senate Vote

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement ahead of a scheduled Senate vote on the GENIUS Act, which would establish a...

May 08, 2025
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Article
Digital Assets Fintech Regulation

Romero Rainey: Vibrant local banking means a stronger Main Street

ICBA President and CEO Rebeca Romero Rainey told community bankers gathered in Washington that community banks are the reason that the U.S. has more small businesses than anywhere else in the world.

May 14, 2025
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Article