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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.

Jun 09, 2022
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Article
Compliance

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.

Jun 10, 2022
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Article
Credit Unions

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.

Jun 09, 2022
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Article
Credit Unions Lending

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...

Jun 03, 2022
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Article

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...

Jun 03, 2022
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Article
Climate

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...

Jun 03, 2022
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Article
Climate

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.

May 31, 2022
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Article
Agriculture

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.

May 27, 2022
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Article
Digital Assets

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...

Jun 08, 2022
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Article
Cannabis banking

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...

Jun 06, 2022
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Article

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...

Jun 06, 2022
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Article
Climate

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.

Jun 06, 2022
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Article
Credit Unions

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...

Jun 06, 2022
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Article
Interchange

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...

Jun 03, 2022
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Article
Climate

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.

Jun 01, 2022
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Article

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...

May 31, 2022
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Article
Climate

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.

May 31, 2022
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Article
Digital Assets Technology

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...

May 27, 2022
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Article
Climate

Joey Arnone Named ICBA Director of Product Strategy

ICBA today announced the hire of Joey Arnone as director of product strategy for vendor relations.

May 24, 2022
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Article
Vendor Management

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...

May 24, 2022
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Article
Climate