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ICBA Study: While 95% of Small-Business Owners Are Satisfied with Community Banks, Regulations Threaten Lending

As community banks and small businesses face increasingly burdensome and complex federal regulations, the Independent Community Bankers of America today released findings from a new study on how...

Jun 10, 2024
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Article
Lending Regulatory Relief Small Business Data Collection (1071)

ICBA requests comment extension on Fedwire schedule change

ICBA requested a 90-day extension to the Federal Reserve Board’s request for comment on expanding Fedwire Funds Service and National Settlement Services operating hours.

Jun 12, 2024
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Article

Credit union bank acquisitions break record halfway through 2024

ICBA-opposed credit union acquisitions of taxpaying community banks have reached an annual record less than halfway through the year, according to a new report.

Jun 10, 2024
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Article
Credit Unions

Simplifying the Path to Homeownership: ICBA Offers Essential Tips for Homebuyers

In celebration of National Homeownership Month, the Independent Community Bankers of America (ICBA) is encouraging current and prospective homeowners to connect with their trusted local community...

Jun 03, 2024
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Article
Community Bank Awareness Mortgage Rules

CFPB launches review of mortgage closing fees

The Consumer Financial Protection Bureau launched a public inquiry into what is driving an increase in mortgage closing costs.

May 31, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Latest Bank Acquisition by Tax-Exempt Credit Union Shows Need for Expansive Congressional Action

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

May 31, 2024
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Article
Credit Unions

Community bank net income rises in Q1

Community bank net income rose 6.1% in the first quarter but remained down 13.9% from a year ago, according to the FDIC’s latest Quarterly Banking Profile.

May 30, 2024
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Article
Community Bank Awareness

CFPB: Reg E wire transfer exemption doesn’t apply to online transactions

The Consumer Financial Protection Bureau argued in a court filing that online-initiated wire transfers are subject to the Electronic Fund Transfer Act and Regulation E, even though the law exempts...

May 30, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance Fraud