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ICBA Applauds Congressional Passage of Funding Bill with Farm Bill, Farm Aid

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement applauding the inclusion of a farm bill extension and a $10 billion farm aid...

Dec 21, 2024
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Article
Agriculture Farm Bill

ICBA encourages grassroots calls on farm aid package

ICBA is urging community bankers to call their members of Congress to urge inclusion of an emergency farm aid package in a final funding bill when Congress approves a continuing resolution, or CR.

Dec 20, 2024
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Article
Farm Bill

’80s-themed ICBA PAC auction set for ICBA LIVE

ICBA PAC is hosting its 36th Annual Auction Fundraiser on Wednesday, March 12, during ICBA LIVE in Nashville. Tickets for the ’80s-themed event go on sale Friday, Jan. 3.

Dec 20, 2024
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Article

Agencies adjust CRA asset thresholds

Federal regulators announced the 2025 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.

Dec 20, 2024
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Article
Compliance Community Reinvestment Act (CRA)

Fed cuts rates by 25 basis points

The Federal Open Market Committee voted to cut target interest rates by 25 basis points due to an easing labor market and inflation moving toward its 2% goal.

Dec 19, 2024
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Article
Federal Reserve

ICBA applauds farm aid package, farm bill extension

ICBA applauded the initial inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution before Congress.

Dec 18, 2024
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Article
Farm Bill

ICBA-advocated trigger leads bill passes Senate

ICBA-advocated legislation that would protect the financial privacy of mortgage applicants passed the Senate by unanimous consent.

Dec 18, 2024
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Article
Congressional Matters

Romero Rainey: Credit unions should pay taxes—period

Credit unions should pay taxes, as The Wall Street Journal rightly pointed out in a recent editorial, ICBA President and CEO Rebeca Romero Rainey said in a LinkedIn post.

Dec 18, 2024
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Article
Credit Unions

ICBA Applauds CR Farm Aid Package, Farm Bill Extension

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement applauding the initial inclusion of a farm bill extension and a $10...

Dec 17, 2024
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Article
Congressional Matters Agriculture Farm Bill

OCC: Commercial credit risk stabilizing

The OCC reported that the federal banking system remains sound but said it expects banks to remain diligent and adhere to prudent risk management practices across all risk areas.

Dec 17, 2024
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Article
Office of the Comptroller of Currency (OCC)

ICBA to Congress: Pass Farm Bill Extension and Farm Aid Before Adjournment

ICBA President and CEO Rebeca Romero Rainey today issued the following statement urging Congress to pass a farm bill extension and a farm aid package in addition to assisting citizens recovering...

Dec 16, 2024
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Article
Agriculture Farm Bill

ICBA announces ThinkTECH Accelerator Cohort

ICBA announced the selected companies for its eighth ICBA ThinkTECH Accelerator Program (AP8). The solutions represent vendor management, check fraud prevention, integration, digital banking for...

Dec 16, 2024
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Article

Report: Most fraud complaints involve crypto

Most fraud-related complaints involve fraudulent crypto investments initiated through social media contacts that later develop into relationship confidence scams, according to the Securities and...

Dec 13, 2024
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Article
Digital Assets

ICBA tells Fed to improve discount window, protect FHLBs

The Federal Reserve should embrace technology to improve its discount window and preserve the role of the Federal Home Loan Banks in providing liquidity, ICBA told the agency.

Dec 11, 2024
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Article
Federal Reserve

ICBA’s Romero Rainey, Merski recognized as top lobbyists

ICBA President and CEO Rebeca Romero Rainey and Group Executive Vice President of Congressional Relations and Strategy Paul Merski were featured on The Hill’s 2024 list of the nation’s top lobbyists.

Dec 09, 2024
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Article

Report: Gaps in cross-border payment regulation open the door for fraud

Inconsistencies in regulations on cross-border payments create opportunities for fraud, money laundering, terrorist financing, and other illicit financial activities, according to the Financial...

Dec 16, 2024
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Article
Fraud

ICBA ThinkTECH Accelerator Cohort Revealed

The Independent Community Bankers of America® (ICBA) today announced the selected companies for its eighth ICBA ThinkTECH Accelerator program (AP8).

Dec 16, 2024
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Article

ICBA remembers Past Chairman Bill McQuillan

ICBA Past Chairman William "Bill" Leo McQuillan died in Lakewood, Colo., on Dec. 4 at the age of 76. The former president and CEO of City National Bank in Greeley, Neb., served as ICBA chairman in...

Dec 12, 2024
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Article
Bank Director/Board Member

Wall Street Journal editorial: Tax credit unions

Northwest Federal Credit Union’s stadium naming-rights deal with the Washington Commanders points to the need for the federal government to tax credit unions, according to a new Wall Street Journal...

Dec 12, 2024
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Article
Credit Unions

OCC’s Hsu lauds ICBA check fraud efforts

ICBA and many banks are going the extra mile to fight fraud, but banks and industry trade groups cannot effectively address fraud all by themselves, Acting Comptroller of the Currency Michael Hsu...

Dec 12, 2024
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Article
Fraud

’80s-themed ICBA PAC auction set for ICBA LIVE

ICBA PAC is hosting its 36th Annual Auction Fundraiser on Wednesday, March 12, during ICBA LIVE in Nashville. Tickets for the ’80s-themed event go on sale Friday, Jan. 3.

Dec 11, 2024
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Article

Fed clarifies account access guidelines

The Federal Reserve provided a technical clarification that its account access guidelines also apply to excess balance accounts.

Dec 10, 2024
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Article
Federal Reserve

Independent Banker shares top compliance issues of 2024

Guidance and proposed rules from regulatory agencies this year kept community banks on their toes, according to the latest Independent Banker magazine.

Dec 09, 2024
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Article

Forum next week on using tech to protect seniors

ICBA’s ThinkTECH Solutions Forum: AgeTech is scheduled for noon (Eastern time) Thursday, Dec. 12.

Dec 06, 2024
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Article

Agencies seek further comment on regulatory burden

The federal bank regulatory agencies announced the third notice requesting comment to reduce regulatory burden as required by the Economic Growth and Regulatory Paperwork Reduction Act of 1996.

Dec 04, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

Independent Banker honors best community banks to work for

This month’s Independent Banker magazine recognizes the best community banks to work for, selected by the input of full-time employees.

Dec 03, 2024
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Article

Report: Banking system is sound but faces challenges

The U.S. banking system remains resilient—supported by sound levels of regulatory capital, adequate liquidity buffers, and healthy levels of profitability—but the industry must address...

Dec 09, 2024
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Article
Digital Assets

Romero Rainey, Merski Recognized Among The Hill’s Top Lobbyists for 2024, Showcasing ICBA’s Advocacy Leadership

ICBA President and CEO Rebeca Romero Rainey and Group Executive Vice President of Congressional Relations and Strategy Paul Merski make their seventh consecutive appearance on The Hill’s Top...

Dec 06, 2024
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Article
Advocacy

Independent Banker shares farm bill prospects

A new five-year farm bill will run about 1,000 pages and include a vast array of programs, so the most likely action is an extension of the current bill and possibly an emergency aid package,...

Dec 06, 2024
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Article
Farm Bill

Fiserv chief nominated to lead Social Security

Frank Bisignano—chairman, president, and CEO of Fiserv, a global provider of payments and financial services technology solutions—was nominated by President-Elect Donald Trump to be...

Dec 06, 2024
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Article
Government Banks

OCC updates unfair practices booklet

The OCC issued version 1.1 of the “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices” booklet of the Comptroller’s Handbook.

Dec 04, 2024
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Article
Compliance

Regulators hosting fair lending webinar today

Federal regulators are slated to host an interagency webinar on fair lending at 2 p.m. (Eastern time) today. The webinar will cover redlining, Community Reinvestment Act rules, the relationship...

Dec 04, 2024
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Article

Fed’s Waller expects rate cuts to continue over next year

Monetary policy is still restrictive and putting downward pressure on inflation without creating undesirable weakness in the labor market, according to Federal Reserve Governor Christopher Waller.

Dec 03, 2024
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Article
Federal Reserve

ICBA op-ed: Megabanks aren't—and never will be—community banks

While some industry watchers might apply the term “community bank” to the nation's largest financial institution, the truth is community banks cannot be replicated by megabanks, ICBA Chairman Lucas...

Dec 02, 2024
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Article

Q4 community bank briefing this month

ICBA this month is hosting a complimentary community bank briefing on key congressional and regulatory developments.

Dec 02, 2024
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Article

OCC announces 2025 fees and assessments

The OCC announced its fees and assessments for calendar year 2025.

Dec 02, 2024
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Article
Office of the Comptroller of Currency (OCC)

ICBA Expands Preferred Service Provider Agreement with Wolters Kluwer to Include BizFilings Beneficial Ownership Information Filing and OneSumX Reg Manager

The ICBA today announced it has expanded its Wolters Kluwer Preferred Service Provider relationship to include its BizFilings Beneficial Ownership Information Filing platform and its OneSumX Reg...

Nov 27, 2024
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Article

Independent Banker: How community banks can attract Gen Z customers

The latest Independent Banker magazine highlights the substantial influence of Gen Z—those born between 1997 and 2012—whose spending power now totals $44 billion and represents a key...

Nov 26, 2024
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Article

New blog post shares insights from PSP Engagement Forum

ICBA’s recent PSP Engagement Forum brought together 15 PSPs, seven ThinkTECH Accelerator alumni, and community bankers for an exchange of insights and opportunities to advance community bank...

Nov 25, 2024
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Article

ICBA releases guide on contacting regulators about check fraud

ICBA’s Check Fraud Task Force published a new guide that explains how and when community banks should contact regulators about check fraud.

Nov 21, 2024
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Article
Fraud

FHFA releases plans to improve housing opportunities for the underserved

The FHFA announced that Fannie Mae and Freddie Mac will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing, and continue addressing liquidity...

Nov 26, 2024
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Article
Federal Housing Finance Agency

Fed to conduct public outreach on monetary policy review next year

The Federal Reserve announced that the 2025 periodic review of its monetary policy strategy, tools, and communications will include public outreach events.

Nov 25, 2024
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Article
Federal Reserve

ICBA LIVE registrants eligible for special drawing

Community bankers who register for ICBA LIVE 2025 by Friday, Nov. 29, will be entered into a drawing for one of three prizes.

Nov 22, 2024
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Article

ICBA releases new check fraud guide

ICBA’s Check Fraud Task Force this week published a new guide that explains how and when community banks should contact regulators about check fraud.

Nov 22, 2024
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Article
Fraud

ThinkTECH Connect today

ICBA’s ThinkTECH Connect—which offers community bankers a fast-paced introduction to innovative fintech companies—is scheduled for noon (Eastern time) today. Community bankers can...

Nov 21, 2024
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Article

Independent Banker highlights technology trends

When assessing new technology, community bankers should ask themselves what requires the most human interaction but is tedious or repetitive work, according to the latest Independent Banker magazine.

Nov 20, 2024
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Article

New podcast on combating holiday-season fraud

The latest Independent Banker podcast spotlights how community bankers can get ahead of year-end fraud and raise awareness among consumers as the holidays approach.

Nov 19, 2024
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Article

ICBA launches Marketing Resource Center

ICBA’s Marketing Resource Center—which brings member banks valuable, vetted marketing materials to better tell their stories—is available starting today.

Nov 18, 2024
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Article
Marketing

Romero Rainey: Credit unions’ fuzzy math reveals tax exemption insecurity

While credit unions have a history of playing fast and loose with the facts, they now appear willing to say just about anything to distract from the impact of their taxpayer subsidies, ICBA...

Nov 18, 2024
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Article
Credit Unions

Blog: New Marketing Resource Center helps community banks tell their story

ICBA released a dynamic toolkit designed to equip community banks with everything they need to create consistently impactful marketing campaigns, according to a new Main Street Matters blog post.

Nov 19, 2024
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Article
Marketing

ICBA supports FARM Act

ICBA said it supports the Farmer Assistance and Revenue Mitigation Act (H.R. 10045), which would offer targeted relief to farmers who have suffered crop losses due to the impact of adverse weather...

Nov 15, 2024
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Article
Farm Bill

Independent Banker details fight against new FHLB regulations

When the Federal Housing Finance Agency last year began a deep dive on the Federal Home Loan Bank System, ICBA urged the agency not to fix what isn’t broken, as detailed in the latest Independent...

Nov 14, 2024
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Article

ICBA Foundation makes a difference

Support from the ICBA Foundation helped Rolling Fork, Miss., rebuild after a devastating tornado last year.

Nov 12, 2024
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Article

Invitation-only event next month for leaders of large community banks

ICBA’s Breaking Barriers Symposium is set for Dec. 4-5 in Washington, D.C.

Nov 12, 2024
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Article

Fed cuts rates by 25 basis points

The Federal Open Market Committee voted unanimously to cut target interest rates by 25 basis points due an easing labor market and inflation moving toward its 2% goal. The cut lowers the federal...

Nov 08, 2024
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Article

Senate hearing next week on Credit Card Competition Act

Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) scheduled a hearing for Tuesday, Nov. 19, on his ICBA-opposed bill to create credit card routing mandates.

Nov 13, 2024
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Article
Credit Cards

ICBA: Another credit union acquisition as policy questions mount

After the 20th credit union acquisition of a community bank this year—and another featuring a credit union crossing state lines to buy a community bank—ICBA said the record number of...

Nov 12, 2024
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Article
Credit Unions

ICBA: Another Taxpayer-Fueled Acquisition as Policy Questions Mount

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after the latest acquisition of a tax-paying bank by a tax-exempt credit...

Nov 08, 2024
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Article
Credit Unions

ICBA publishes election analysis

With the re-election of President Donald Trump, control of the Senate shifting to Republicans, and the House still up in the air, ICBA released an analysis of the 2024 election exclusively for...

Nov 07, 2024
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Article
Government Banks

ICBA matches $25k donation for Hurricane Relief Fund

The ICBA Foundation’s Hurricane Relief Fund—which is dedicated to supporting community bankers, their employees, and communities—continues to grow, including via a $25,000 match from ICBA.

Nov 07, 2024
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Article