Search Articles
CFPB terminates Upstart no-action letter
The Consumer Financial Protection Bureau said it terminated Upstart Network from its list of approved “no-action letters” at Upstart’s request.
Op-ed targets credit union acquisitions ahead of committee votes
Congress should join the growing number of states fighting back against credit union acquisitions of community banks, ICBA President and CEO Rebeca Romero Rainey says in a new op-ed.
ICBA leading push on ILC, overdraft, credit union bills
With several key community banking policy issues coming up for a vote in the coming days, ICBA is urging community bankers to speak out while it engages lawmakers in Washington.
ICBA Offers Tips to Help Simplify the Home Buying Process
In recognition of National Homeownership Month in June, ICBA and the nation’s community banks encourage consumers to consult their local community bank to learn how to make financing a mortgage or...
ICBA and 44 State Banking Associations Express Concern Over Proposal That May Choke Off Credit to Legal Businesses
ICBA and 44 state banking associations, strongly urged the FDIC not to allow its proposed statement of principles on climate-risk management for large banks to limit financial institutions from...
ICBA, state groups express concerns over climate risk management framework
ICBA and 44 state banking groups wrote to the FDIC to express concerns that the agency’s proposed climate risk management framework for large banks could “choke off” lawful but climate-disfavored...
USDA B&I loan program funding running out
The USDA told Business and Industry Guaranteed Loan Program stakeholders that it has discontinued allocating funds on an as-requested basis because the program is running low on authorized funding.
Lawmakers echo ICBA’s CBDC concerns during hearing
Members of Congress from both parties raised concerns about the impact of a U.S. central bank digital currency on community banks after ICBA told lawmakers it opposes the digital dollar.
ICBA, State Associations Urge COMPETES Act Conference to Retain House-Passed SAFE Banking Act
The Independent Community Bankers of America and a coalition of 44 state community banking associations today called on Congress to include in the America COMPETES Act conference report...
ICBA Names Community Banker and Former Regulator Anne Balcer as New Head of Government Relations
ICBA today announced that Anne Balcer, executive VP, general counsel and internal auditor for Forbright Bank, in Chevy Chase, Md., will succeed ICBA Senior Executive VP of Government Relations and...
ICBA: FDIC framework could pose unintended consequences for community businesses
ICBA wrote to the FDIC to share its concerns with the agency’s proposed climate risk management framework for large banks, which could limit and discourage financial institutions from doing...
Grassroots push on credit union bill continues
ICBA continues calling on community bankers to urge their lawmakers to oppose legislation that would expand credit unions’ fields of membership and commercial lending powers.
Blog: Expanding interchange price control puts fraud protections at risk
Efforts by “big box” merchants seeking to extend debit card interchange price controls to the credit card market jeopardize investments in protections and security that defend cardholders from...
FDIC climate comment letters due today
Today is the deadline for community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial...
ICBA, Independent Banker Honor Community Bank Emerging Leaders in Annual 40 under 40 List
Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), announced its 40 Under 40: Emerging Community Bank Leaders.
FDIC climate comment letters due this week
Community bankers have until this Friday, June 3, to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large...
SEC, CFTC leaders propose joint crypto roundtables
Securities and Exchange Commission and Commodity Futures Trading Commission officials called on their agencies to hold joint roundtables to consider regulations governing digital assets.
One week left for FDIC climate comment letters
Community bankers have one week left to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial...
Joey Arnone Named ICBA Director of Product Strategy
ICBA today announced the hire of Joey Arnone as director of product strategy for vendor relations.
FDIC climate comment letters due next week
Next week is the deadline for community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large...
House hearing this week on central bank digital currency
After ICBA last week expressed opposition to the establishment of a U.S. central bank digital currency, a House hearing this week will focus on CBDC benefits and risks.
ICBA requests records on CFPB’s 1071 rulemaking
ICBA and other groups filed a Freedom of Information Act request seeking Consumer Financial Protection Bureau records on its implementation of Section 1071 of the Dodd-Frank Act.
Statement on Confirmation of Sandra Thompson for FHFA Director
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on the Senate confirmation of Sandra Thompson for Federal Housing Finance...
ICBA urges agency consistency, innovation to promote banking access
ICBA encouraged federal banking regulators to take several steps to increase services to unbanked and underbanked households.
ICBA’s FDIC climate principles comment campaign continues
ICBA continues calling on community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial...
Former NCUA official continues targeting credit union acquisitions
A former National Credit Union Administration official continued an ongoing series of blog posts raising concerns over credit union acquisitions.
ICBA Opposes U.S. Central Bank Digital Currency
The Independent Community Bankers of America (ICBA) today expressed its opposition to the establishment of a U.S. central bank digital currency.
Strong favorability fuels successful Capital Summit: blog
New polling conducted by Morning Consult supported community banker meetings with policymakers at the recent 2022 ICBA Capital Summit, according to ICBA’s latest blog post.
ICBA opposes U.S. central bank digital currency
ICBA expressed opposition to the establishment of a U.S. central bank digital currency. In a comment letter to the Federal Reserve, ICBA said a U.S.
Agencies confirm updated flood insurance Q&As are guidance
Federal regulators issued revised questions and answers regarding federal flood insurance law and the agencies’ implementing regulations.
Financial Trades Support Modified SEC Cyber Incident Disclosure Proposal to Aid Law Enforcement and Support Remediation Efforts
ICBA, American Bankers Association, Bank Policy Institute, and Mid-Size Bank Coalition of America commented yesterday on a SEC proposal that would implement new requirements for financial...
CFPB: Equal Credit Opportunity Act protects borrowers after loan
The Consumer Financial Protection Bureau published an advisory opinion affirming that the Equal Credit Opportunity Act bars lenders from discriminating against customers after they have received a...
ICBA offers custom marketing-comms resources for May
ICBA’s Tell Your Story marketing and communications toolkit offers new and updated resources to engage consumers in May.
OCC’s Hsu: Regulators should change approach to mergers
OCC’s Hsu: Regulators should change approach to mergers Acting Comptroller of the Currency Michael Hsu said he has directed senior OCC staff to work with the Justice Department and other agencies...
ICBA Statement on Proposal to Modernize Community Reinvestment Act Framework
ICBA President and CEO Rebeca Romero Rainey released the following statement on today’s interagency proposed rule to modernize Community Reinvestment Act regulations.
ICBA pressing comment letters on FDIC climate principles
ICBA continues calling on community bankers to submit personalized comment letters to the FDIC on its draft statement of principles for climate-related financial risk management for large financial...
ICBA speaks out against FDIC supervisory appeals reversal
ICBA expressed disappointment that the FDIC eliminated the independent Office of Supervisory Appeals and restored the Supervision Appeals Review Committee as the final level of review in the...
ICBA Statement on FDIC Restoration of Supervision Appeals Review Committee
ICBA President and CEO Rebeca Romero Rainey issued the following statement after the FDIC board of directors voted to restore the agency’s Supervision Appeals Review Committee.
ICBA Statement on Death of John Ryan
ICBA President and CEO Rebeca Romero Rainey released the following statement on the death of Conference of State Bank Supervisors President and CEO John Ryan.
ICBA Encourages Consumers to Support America’s Entrepreneurs During National Small Business Week
ICBA joins the nation’s community banks in celebrating National Small Business Week (May 1-7) and showing their support for locally owned and operated businesses.
ICBA Releases 2022 Community Banking Policy Resolutions
The Independent Community Bankers of America (ICBA) today released its legislative and regulatory policy objectives for 2022 during the ICBA Capital Summit.
As Capital Summit kicks off, polling confirms public support for local banking
As Capital Summit kicks off, polling confirms public support for local banking ICBA kicked off the 2022 ICBA Capital Summit in Washington with new national and state-level polling data showing...
Capital Summit continues today with congressional meetings
Today’s ICBA Capital Summit agenda includes in-person meetings with congressional offices following remarks from Senate Banking Committee member Mike Rounds (R-S.D.).
FDIC board meeting this week on CRA reform proposal
The FDIC board of directors announced it will meet this week on a notice of proposed rulemaking on revising Community Reinvestment Act regulations. The board meeting is scheduled for 10 a.m....
As Community Bankers Gather in Washington, New Polling Confirms Public Support for Local Banking
The Independent Community Bankers of America today is kicking off the 2022 ICBA Capital Summit in Washington with new national and state-level polling data showing Americans in all 50 states view...
ICBA Capital Summit underway in Washington
The 2022 ICBA Capital Summit is underway in Washington, with community bankers advocating key issues in the nation’s capital and from back home.
Review Our Guide for Writing a Climate-related Financial Risk Management Comment Letter
Instructions This document is intended to be a guide as you formulate a comment letter in response to the FDIC’s request for comment on its statement of principles for climate-related financial...
Summary and Background of Climate-related Financial Risk Management for Large Financial Institutions
The FDIC is proposing that large financial institutions, defined as those with over $100 billion in total consolidated assets, be subject to a climate-related financial risk management framework.
New ICBA podcast: why cybersecurity goes beyond IT
The latest episode of ICBA’s Communities of Innovation podcast focuses on why cybersecurity is no longer simply an IT issue for community banks.
Chopra pledges to engage community banks in Senate testimony
Consumer Financial Protection Bureau Director Rohit Chopra told Congress that engaging community banks is one of his key priorities as head of the agency.
Deadline today for Capital Summit registration
The deadline to register for the 2022 ICBA Capital Summit is today, April 22. The industry’s premier advocacy event is scheduled for May 1-4 in Washington, D.C.
ICBA ThinkTECH Accelerator Demo Day Showcases the Future of Community Banking Innovation
The Independent Community Bankers of America® (ICBA) and The Venture Center, in partnership with the State of Arkansas, today hosted the fourth annual ICBA ThinkTECH Accelerator Demo Day.
ICBA updates ILC loophole white paper
Ahead of this week’s Capital Summit, ICBA updated its white paper detailing why policymakers should close a legal loophole that allows industrial loan companies and their parent companies to skirt...
Hsu calls for stablecoin standard-setting initiative
Hsu calls for stablecoin standard-setting initiative Acting Comptroller of the Currency Michael Hsu issued a statement calling for a joint effort to develop standards for stablecoin...
Senate approves Brainard for Fed vice chair
The Senate voted 52-43 to approve Federal Reserve Governor Lael Brainard’s nomination for Fed vice chair.
Banking Associations Raise ‘Significant Concerns’ with Proposed Changes to Fed Master Account Guidelines
A coalition of banking associations responded today to the Board of Governors of the Federal Reserve as it seeks to establish guidelines for how institutions applying for a Fed master account will...
OCC penalizes converted crypto bank
The OCC issued a consent order against Anchorage Digital Bank, one of the first crypto firms to receive conditional approval for a national trust charter.
ICBA, groups urge flexibility for MDI, CDFI program
ICBA and other groups called on the Treasury Department to exercise flexibility in Emergency Capital Investment Program participation.
ICBA ThinkTECH Demo Day on Wednesday
The 2022 ICBA ThinkTECH Accelerator Program’s Demo Day is scheduled for this week to present participants’ solutions tailored for community banks.
ICBA offers Small Business Week custom resources
ICBA released customizable resources community bankers can use to commemorate Small Business Week, which is scheduled for May 2-6.